FMITI and States Unite to Boost Nigeria's Industrial Growth
On June 29, 2026, in Abuja, the Federal Ministry of Industry, Trade and Investment (FMITI), led by Dr. Jumoke Oduwol, met with state commissions to strengthen collaboration aimed at accelerating Nigeria's industrialization and economic transformation. Dr. Oduwol emphasized the importance of federal-state cooperation in achieving the Renewed Hope Agenda and unlocking Nigeria's economic potential.
She announced a record 11% growth in non-oil exports valued at $6 billion, driven largely by micro, small, and medium enterprises (MSMEs). The federal government has initiated a regional export readiness capacity-building program across Nigeria's geopolitical zones.
Dr. Oduwol also highlighted the significance of the African Continental Free Trade Area (AfCFTA) in diversifying the economy and enhancing Nigeria's leadership in intra-African trade. The meeting underscored the necessity of active state participation in the upcoming Intra-African Trade Fair (IATF) scheduled for November 5-11, 2027, in Nigeria.
Plus234Feed summary based on reporting from Federal Ministry of Information. Read the original report below.
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