Tinubu unveils Nigeria industrial policy 2025

President Bola Tinubu on Tuesday launched Nigeria’s Industrial Policy 2025, urging government agencies to ensure its rapid execution.

The launch, represented by Vice President Kashim Shettima, took place at the Bola Tinubu International Conference Centre in Abuja.

According to Tinubu, the policy is a roadmap to revamp Nigeria’s industrial base, enhance competitiveness, and drive job creation.

He stressed that success depends on execution, not just planning, highlighting long-standing challenges such as fragmented value chains, high production costs, infrastructure gaps, and weak coordination between government and industry.

“Industrialisation is not a wish you think about; it is an action you perform,” Tinubu said, noting that the policy prioritises strategic sectors, integrates micro, small, and medium enterprises, strengthens skills and technology, and aligns infrastructure and energy with industrial growth.

The President emphasised private sector participation, urging businesses to invest responsibly, develop local value chains, create jobs, and transfer skills.

He also commended the Minister of State for Industry, Sen. John Enoh, and industry stakeholders for their contributions to shaping the policy.

Business leaders welcomed the initiative. Alhaji Aliko Dangote, Chairman of Dangote Group, described the policy as progressive and stressed the importance of protecting indigenous industries.

The United Nations Resident and Humanitarian Coordinator in Nigeria, Mohamed Fall, said the launch was a step toward inclusive economic growth, noting ongoing partnerships to integrate Nigeria into global value chains.

The President of the Manufacturers Association of Nigeria, Francis Meshioye, pledged full support for effective implementation, backing the promotion of indigenous entrepreneurship central to the policy.