Nigeria Targets 25% Manufacturing GDP Contribution by 2035

The Federal Government of Nigeria has set ambitious targets to enhance the manufacturing sector's contribution to the nation's Gross Domestic Product (GDP). Currently at 8.2%, the government aims to increase this to 15% by 2030 and 25% by 2035.

This initiative was highlighted during the launch of the Nigeria Industrial Policy (NIP) by the Federal Ministry of Industry, Trade and Investment (FMITI) in February 2026. The NIP is designed to drive economic growth, reduce reliance on oil exports, and promote sustainable development, contributing to Nigeria's goal of achieving a $1 trillion economy by 2030.

The government plans to transform Nigeria's industrial landscape by leveraging its natural and human capital, fostering inclusivity, and enhancing competitive manufacturing. The NIP will focus on four priority sectors: metals, solid minerals, oil and gas, and construction manufacturing, which encompass multiple sub-sectors offering strategic opportunities for industrial development.

John Owan Enoh, the Minister of State for FMITI, described the NIP as a comprehensive framework reaffirming the nation's commitment to diversifying the economy and creating inclusive prosperity.