Tinubu Launches Nigeria's Industrial Policy 2025 Blueprint
On Tuesday, President Bola Tinubu unveiled Nigeria's Industrial Policy 2025 blueprint in Abuja, designed to revive the country's moribund industrial sector, strengthen value chains, and accelerate economic growth. The launch, attended by Vice President Kashim Shettima, emphasized the need for direct involvement from ministries, departments, and agencies to ensure swift implementation.
Tinubu highlighted the importance of tangible outcomes such as factory openings, job creation, and increased exports. He acknowledged long-standing structural challenges, including fragmented value chains and high production costs.
The policy aims to foster coherence across energy, trade, infrastructure, finance, and skill development sectors while encouraging strong public-private partnerships. John Owan Enoh, Minister of State for Industry, described the policy as a turning point for building a competitive and prosperous industrial Nigeria.
Aliko Dangote, Chairman of Dangote Group, welcomed the initiative, noting Nigeria's unique position in Africa where the private sector outweighs government in economic scale. He expressed optimism about foreign exchange stability and the need for protection of indigenous industries.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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