Tinubu Launches Nigeria Industrial Policy 2025 in Abuja

On Tuesday, President Bola Ahmed Tinubu officially launched the Nigeria Industrial Policy 2025 at the Bola Ahmed Tinubu International Conference Centre in Abuja. This policy aims to revitalize Nigeria's industrial base and address structural bottlenecks to accelerate industrial growth.

Vice President Kashim Shettima highlighted the importance of stronger collaboration with the private sector to enhance local value chains and create jobs. Aliko Dangote, a prominent industrialist, stressed the urgency of resolving Nigeria's electricity challenges as a prerequisite for industrial growth.

He commended the government's efforts to stabilize the foreign exchange market and ensure reliable electricity supply. The policy, set to be implemented by January 2026, seeks to significantly increase the manufacturing sector's contribution to Nigeria's Gross Domestic Product (GDP) by 2030.

John Owan Enoh, Minister of State for Industry, Trade, and Investment, assured stakeholders of coordinated efforts across relevant ministries to ensure effective implementation of the policy.