President Bola Tinubu launches Nigeria Industrial Policy 2025 to boost production, local industries, and job creation across the economy
President Bola Ahmed Tinubu on Tuesday launched the Nigeria Industrial Policy 2025, signalling a decisive step to transform the country from a consumption-driven economy to a production-led one. The event took place in Abuja and was represented by Vice President Kashim Shettima.
Also read: FCTA Workers Picket National Industrial Court Over Strike
Addressing attendees, Tinubu said the policy would end inconsistencies and poor coordination between government and industry, placing production, competitiveness, and jobs at the heart of Nigeria’s economic strategy.
“This policy is a product of thorough introspection and a roadmap for re-engineering our industrial base, unlocking value across sectors and placing production, competitiveness and jobs at the centre of Nigeria’s economic strategy,” Tinubu said.
“For too many years, we have contended with fragmented value chains, high production costs, infrastructure gaps, policy inconsistencies, and insufficient coordination between government and industry. This stops now.”
The President highlighted the role of public-private partnerships in the policy’s success, emphasising strategic sector focus, value chain development, and the integration of micro, small, and medium enterprises.
He stressed that infrastructure, energy, skills, and technology must align with industrial ambition for sustainable growth.
Tinubu further assured that the government would support private sector investment, citing Dangote Cement’s N900 billion tax contribution in 2025 as evidence of the sector’s economic potential.
In his goodwill message, Aliko Dangote, Chairman of the Dangote Group, urged the government to protect local industries through a conducive business environment, stressing that Nigeria should produce rather than import goods.
“Importation of anything is importation of poverty and exporting of jobs out. We should just make sure that whatever we consume, we produce here,” he said.
Dangote also predicted that the naira could strengthen to N1,100 to the U.S. dollar this year, potentially lowering goods and services prices.
Senator John Owan Enoh, Minister of State for Trade and Industry, described the policy as a structured attempt to institutionalise value addition.
“It does not promise miracles; it commits to method. It is designed to be measured not by applause in this hall, but by factories that expand, jobs that endure, and confidence that returns,” he said.
Also read: PDP Backs Natasha Akpoti-Uduaghan’s Ajaokuta Steel Revival Efforts
The Nigeria Industrial Policy 2025 marks a strategic effort to shift the country’s economic trajectory, promote local production, and enhance job creation while aligning government and private sector interests for long-term industrial growth.
