June 5, 2026
LEAD STORY 2

Tinubu Launches Nigeria Industrial Policy 2025, Sets Clear Targets for Results

President on Tuesday unveiled the Nigeria Industrial Policy 2025, directing ministries, departments and agencies to fast-track its implementation and focus on measurable outcomes.

The policy was formally launched at the in Abuja, where the President was represented by Vice President .

Describing the document as a blueprint for rebuilding Nigeria’s industrial base, Tinubu said the new framework aims to unlock value across key sectors while prioritising production, competitiveness and job creation. He stressed that the success of the initiative would be judged not by paperwork but by tangible results.

“We will measure success by the number of factories that open, the jobs created for our young people, the exports leaving our ports, and the value retained within our economy,” he stated.

The President acknowledged longstanding challenges, including fragmented value chains, high production costs, infrastructure deficits, policy inconsistencies and weak coordination between government and industry. He said the new policy marks a decisive shift from past shortcomings.

According to him, the plan provides a clear implementation structure and emphasises coordination across energy, trade, infrastructure, finance, skills development and innovation. He added that strong collaboration between the public and private sectors would be critical to achieving its objectives.

Tinubu noted that since assuming office in 2023, his administration has been committed to redefining Nigeria’s industrial ambition, insisting that execution—not formulation—would determine the policy’s impact.

The Industrial Policy 2025 prioritises sectors where Nigeria has comparative and competitive advantages, promotes value chain development to reduce reliance on raw material exports, and integrates micro, small and medium enterprises into mainstream industrial growth. It also aligns infrastructure and energy development with industrial expansion while strengthening skills acquisition and technological innovation.

The President commended the Minister of State for Industry, Senator John Owan Enoh, for steering the policy process, and praised industry stakeholders, manufacturers and investors for contributing to a document grounded in practical realities.

In his remarks, business leader , Chairman of the , welcomed the policy, describing it as progressive and supportive of domestic manufacturers. He said investor confidence in Nigeria is improving, citing foreign exchange stability and ongoing reforms, and projected a stronger naira.

Dangote, however, stressed the need to protect indigenous industries, arguing that local manufacturers require safeguards to thrive.

Also speaking, United Nations Resident and Humanitarian Coordinator in Nigeria, Mohamed Malick Fall, said the policy reflects continued collaboration between Nigeria and the (UNIDO). He expressed optimism that the framework would drive inclusive growth and position Nigeria more prominently in regional and global value chains.

The President of the (MAN), Otunba Francis Meshioye, assured manufacturers’ support for effective implementation, particularly in advancing indigenous entrepreneurship.

The launch signals what officials describe as a renewed push to industrialise Africa’s largest economy, with the administration pledging that delivery and impact—not declarations—will define its legacy.

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