{"id":1217,"date":"2025-04-19T06:00:46","date_gmt":"2025-04-19T06:00:46","guid":{"rendered":"https:\/\/halaal.net\/news\/2025\/04\/19\/nigerias-halal-ambition-7-7-trillion-market-in-sight-with-saudi-partnership\/"},"modified":"2025-04-19T06:00:46","modified_gmt":"2025-04-19T06:00:46","slug":"nigerias-halal-ambition-7-7-trillion-market-in-sight-with-saudi-partnership","status":"publish","type":"post","link":"https:\/\/halaal.net\/news\/2025\/04\/19\/nigerias-halal-ambition-7-7-trillion-market-in-sight-with-saudi-partnership\/","title":{"rendered":"Nigeria&#8217;s Halal Ambition: $7.7 Trillion Market in Sight with Saudi Partnership"},"content":{"rendered":"<p>Nigeria is positioning itself to become a major player in the global halal market, with ambitious goals to tap into the $7.7 trillion sector. <img decoding=\"async\" src=\"https:\/\/storage.googleapis.com\/halaalnet-news-website.firebasestorage.app\/halaal_images\/Nigeria%27s-Halal-Ambition%3A-%247.7-Trillion-Market-in-Sight-with-Saudi-Partnership-Image-Placement-1.jpg?alt=media\" alt=\"Nigeria's Halal Ambition: $7.7 Trillion Market in Sight with Saudi Partnership - Image 1\"> A significant step towards this ambition was the cooperation agreement signed in February 2025 with Saudi Arabia&#8217;s Halal Products Development Company (HPDC). This partnership aims to facilitate investment, technical cooperation, and market access across key sectors, including food, pharmaceuticals, finance, and livestock. <img decoding=\"async\" src=\"https:\/\/storage.googleapis.com\/halaalnet-news-website.firebasestorage.app\/halaal_images\/Nigeria%27s-Halal-Ambition%3A-%247.7-Trillion-Market-in-Sight-with-Saudi-Partnership-Image-Placement-2.jpg?alt=media\" alt=\"Nigeria's Halal Ambition: $7.7 Trillion Market in Sight with Saudi Partnership - Image 2\"> The collaboration seeks to establish Nigeria as a hub in the halal market, leveraging the increasing global demand for ethical and Shariah-compliant products and services. With the global halal market expected to reach USD 9.71 trillion by 2025, Nigeria&#8217;s strategic alliance with Saudi Arabia could unlock substantial economic benefits and solidify its position in this rapidly expanding industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria aims to become a key player in the $7.7 trillion global halal market through a partnership with Saudi Arabia.<\/p>\n","protected":false},"author":3,"featured_media":1218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/storage.googleapis.com\/halaalnet-news-website.firebasestorage.app\/halaal_images\/Nigeria%27s-Halal-Ambition%3A-%247.7-Trillion-Market-in-Sight-with-Saudi-Partnership-Image-Placement-1.jpg?alt=media","fifu_image_alt":"","footnotes":""},"categories":[5],"tags":[],"yst_prominent_words":[],"class_list":["post-1217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-halal"],"_links":{"self":[{"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/posts\/1217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/comments?post=1217"}],"version-history":[{"count":0,"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/posts\/1217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/media\/1218"}],"wp:attachment":[{"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/media?parent=1217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/categories?post=1217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/tags?post=1217"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/halaal.net\/news\/wp-json\/wp\/v2\/yst_prominent_words?post=1217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}