President Bola Ahmed Tinubu has officially unveiled the Nigeria Industrial Policy 2025, marking a renewed effort to reposition the country’s industrial sector and boost local production.
The policy was launched on Tuesday at the Bola Ahmed Tinubu International Conference Centre in Abuja, with Vice President Kashim Shettima representing the president. The formal unveiling follows an earlier soft launch in Lagos and reflects the administration’s plan to deepen value addition, remove structural bottlenecks, and accelerate industrial growth.
Speaking on the new framework, the president described the Nigeria Industrial Policy 2025 as a strategic roadmap designed to re-engineer the country’s industrial ecosystem and unlock value across key sectors.
He stressed that the success of the policy would depend largely on effective implementation, noting that many policies fail at the execution stage rather than at conception.
Tinubu said the policy aims to move Nigeria from exporting raw materials to producing finished goods, integrate small and medium enterprises into industrial growth, and align infrastructure and energy supply with industrial ambitions.
He added that the government would measure progress by the number of new factories, jobs created, export volumes, and the level of value retained within the domestic economy.
Vice President Shettima also called for stronger collaboration between the government and the private sector to deepen local value chains and drive job creation.
At the event, President of the Dangote Group, Aliko Dangote, urged the government to convene a national forum to address the country’s persistent power challenges, describing electricity as the most critical factor for industrial growth.
He acknowledged recent efforts to stabilise the foreign exchange market but maintained that reliable power supply remains essential for sustainable industrial expansion.
Also speaking, the President of the Manufacturers Association of Nigeria, Otunba Francis Meshioye, said manufacturers were focused on ensuring effective implementation of the new policy.
The Nigeria Industrial Policy 2025 was first introduced in January by the Minister of State for Industry at the Federal Ministry of Industry, Trade and Investment, Senator John Owan Enoh. The policy aims to raise manufacturing’s contribution to Nigeria’s Gross Domestic Product to between 20 and 25 per cent by 2030.
Officials say the framework is designed to reduce reliance on imports, strengthen domestic manufacturing, boost exports, and improve coordination across key sectors such as trade, finance, energy, infrastructure, and skills development.
