The Abuja Chamber of Commerce and Industry (ACCI) and other investment stakeholders are set to explore investment opportunities in the global Halal economy currently pegged at $3 trillion.
The ACCI President, Adetokunbo Kayode, made this known during the pre-event briefing on the forthcoming Halal Expo Nigeria 2020.
According to him, Nigeria needs to keep pace with the global trends in the Halal economy as it has lots of products and partnerships that can stimulate investment for economic growth in the country.
He said the chamber was ready to collaborate with willing stakeholders and investors to explore opportunities in the Halal economy for wealth creation. This, he said, was the reason for the forthcoming Halal Expo.
Kayode noted that Nigeria was at a vantage position to explore opportunities in the Halal economy, which spreads across pharmaceuticals, food industry, finance and other sectors.
“We are 200 million people and we need to expand our doors and explore global opportunities. For instance, Halal beef is exported globally and it is healthy unlike most often what we get here when people carry meat on motorcycles, trycycles and on their shoulders, which is unhealthy,” Kayode said.
He noted that the initiative and the forthcoming Halal Expo would ensure financial intermediation for many Nigerians since they offer opportunity through interest-free financial management and risk-sharing.
“This is one out of many opportunities that Halal provides for investors since we are even having increased demands for goat meat from our African neighbours,” he added.