Enoh Sets 20% Manufacturing GDP Target by 2030

John Enoh, the Minister of State for Industry, commended Aliko Dangote, President/Chief Executive of Dangote Industries, for his pivotal role in the successful launch of the Nigeria Industrial Policy (NIP). Enoh announced a target for the manufacturing sector to contribute 20% to Nigeria's GDP by 2030 and 25% by 2035.

This commendation occurred during a tour of Dangote's facilities in Lagos, including the Dangote Petroleum Refinery, Dangote Petrochemicals complex, and Dangote Fertiliser Limited. Enoh's delegation included officials from his ministry and the Manufacturers Association of Nigeria (MAN).

He noted that Dangote's involvement at the NIP's launch in February significantly elevated its profile. The ministry has met its first 90-day implementation benchmark under the policy, with manufacturing GDP targets linked to Dangote's investments.

Enoh also mentioned ongoing discussions regarding a naira-for-crude arrangement for the refinery. Dangote expressed gratitude to President Bola Tinubu for appointing Enoh, highlighting his unmatched commitment to the industry.