President Bola Tinubu unveils Nigeria Industrial Policy 2025, aiming to boost production, job creation, and competitiveness across strategic sectors
Bola Tinubu on Tuesday officially launched the Nigeria Industrial Policy 2025, outlining a roadmap for re-engineering the country’s industrial base.
The launch took place at the Bola Tinubu International Conference Centre and was represented by Vice President Kashim Shettima.
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According to Tinubu, the policy seeks to tackle long-standing challenges in Nigeria’s industrial sector, including fragmented value chains, high production costs, infrastructure gaps, and inconsistent policies.
He emphasized that success depends on effective execution, stressing:
“Industrialisation is not a wish you think about; it is an action you perform…We must ensure coherence across energy, trade, infrastructure, finance, skills, and innovation.”
The policy prioritizes strategic sectors where Nigeria has competitive advantage, supports value chain development, promotes micro, small, and medium enterprises, and strengthens skills, technology, and innovation.
Tinubu called for increased private sector participation to deepen local value chains, create jobs, and foster entrepreneurship.
Minister of State for Industry, John Enoh, highlighted that the policy marks a turning point for industrialisation, while business mogul Aliko Dangote expressed confidence in its potential, emphasizing protection for indigenous industries and exchange rate stability.
The United Nations Resident Coordinator in Nigeria, Mohamed Fall, also supported the policy, noting it strengthens Nigeria’s integration into regional and global value chains.
Francis Meshioye, President of the Manufacturers Association of Nigeria, pledged full support for its implementation.
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The Industrial Policy 2025 is positioned as a critical step toward transforming Nigeria into a competitive, production-focused economy while creating jobs and fostering inclusive growth.
