Nigeria launched on Thursday, February 5, 2026 its “national strategy for the halal economy”. According to the figures communicated by the presidency of Bola Tinubu, this is an initiative Presidential election aimed at registering the country in the estimated global halal market to 7.7 billion dollars.

The national strategy for the halal economy puts the emphasis on diversifying sources of income, increasing exports and job creation in sectors identified as bearers. According to information, the halal market includes all goods, services and investments in accordance with the requirements of Sharia law. Besides food products, it includes the pharmaceutical, cosmetic sectors, Islamic finance, tourism, fashion and other sectors. The actors and observers mentioned during the presentation believe that this market serves a population of over 2.2 billion consumers worldwide and evoke, in the long term, very significant growth prospects.

The plan mentions interventions on several economic links: capacity building halal food production, certification of processing units, support for the development of compliant pharmaceutical and cosmetic products, promotion of Islamic financial services and development of an offer tourist adapted to halal practices. The authorities have also registered the modernization of slaughterhouses, the establishment of cold chains and the creation of control laboratories among operational priorities.