The federal government has unveiled the Nigeria’s Industrial Policy 2025, directing Ministries, Departments and Agencies (MDAs) to prioritise swift and coordinated implementation as part of efforts to rebuild the country’s industrial capacity.
The policy was launched in Abuja at the Bola Ahmed Tinubu International Conference Centre, by Vice President Kashim Shettima on behalf of President Bola Tinubu.
In a statement issued by Stanley Nkwocha, Senior Special Assistant on Media and Communications to the Vice President, Tinubu stressed that public policies often fail not at conception but at the implementation stage.
He acknowledged longstanding structural weaknesses in Nigeria’s industrial ecosystem, including: Fragmented value chains, high production costs and infrastructure deficits.
Declaring an end to those setbacks, Tinubu described the new framework as a practical roadmap designed to unlock sector-wide value and reposition industrialisation as an action-driven agenda.
Rather than focusing on policy documentation, the president said success would be judged by tangible economic results such as: Factories operating at full capacity, Increased job creation and growth in non-oil exports.
He emphasised that industrial transformation must align energy, trade, infrastructure, finance, innovation, and skills development under a unified strategy, supported by stronger collaboration between government and the private sector.
According to the president, Nigeria Industrial Policy 2025 will focus on target strategic sectors based on Nigeria’s comparative and competitive advantages, promote value addition to reduce reliance on raw material exports and Integrate micro, small, and medium enterprises into industrial growth.
Read Also:
- FG warns Nigerians against engaging in conflicts in foreign nations through illegal recruitment
- FG launches RHGEEP 3.0, rolls out FarmerMonie to boost financial inclusion, support Farmers, cut poverty
- FG flags off Presidential Emergency Food, Nutrition Programme in Sokoto, targets 20,000 vulnerable households
It will also align infrastructure and energy supply with production goals as well as strengthen skills, technology, and innovation capacity.
Tinubu commended technical teams, manufacturers, investors, and stakeholders who contributed to drafting what he described as a “reality-based” industrial blueprint.
Minister of State for Industry, Chief John Enoh, called the launch a defining moment aimed at building an industrial Nigeria that produces, competes, and prospers.
Chairman of Dangote Group, Aliko Dangote, welcomed the policy, describing it as progressive.
He noted that Nigeria’s private sector remains larger than the public sector in economic influence and expressed optimism about the naira’s outlook, predicting it could strengthen to ₦1,000 per dollar this year.
Dangote added that while foreign exchange stability is encouraging investors, sustained protection of indigenous industries remains essential for long-term growth.
President of the Manufacturers Association of Nigeria (MAN), Otunba Francis Meshioye, pledged full industry support, particularly for provisions encouraging indigenous entrepreneurship.
Nigeria Industrial Policy 2025 is expected to serve as the federal government’s central industrial framework, placing execution, competitiveness, coordination, and domestic value retention at the heart of economic planning.
