Odimmegwa Johnpeter/Abuja
President Bola Ahmed Tinubu, GCFR, on Tuesday formally launched the Nigeria Industrial Policy (NIP) 2025, marking a decisive step in the Federal Government’s commitment to reposition the nation from a consumption-driven economy to one anchored on production, value addition, and global competitiveness. This was contained in a statement signed by Augustina Obilor-Duru, Head, Press and Public Relations.
The President, who was represented at the event by Vice President Kashim Shettima, GCON, described the unveiling of the policy as the fulfilment of a promise made to Nigerians at the inception of the administration in 2023—to move the country from potential to productivity, from policy declarations to disciplined execution, and from exporting raw materials to building value-driven industries at home.
He stated that the Nigeria Industrial Policy 2025 is not an aspirational document but a practical and implementable roadmap designed to rebuild Nigeria’s industrial base, strengthen value chains, enhance competitiveness, and place job creation at the centre of the national economic strategy. The President emphasised that industrialisation is a deliberate process requiring alignment across energy, infrastructure, trade, finance, skills, and innovation, driven by strong partnerships between government and the private sector and measured by tangible outcomes.
The policy, he noted, prioritises strategic sector focus based on Nigeria’s comparative advantages; deepens value-chain development to retain more economic value within the country; integrates micro, small, and medium enterprises into industrial growth; strengthens infrastructure and energy coordination; promotes skills and technological advancement; and establishes a clear implementation architecture to ensure accountability and measurable progress.
In his welcome address, the Honourable Minister of State for Industry, Senator John Owan Enoh, described the launch as a consequential national moment, signalling that industrialisation is now a disciplined and structured priority of government. He affirmed that the policy translates the presidential mandate into an executable programme, built on lessons from past efforts and informed by extensive consultations with manufacturers, investors, development partners, and stakeholders across sectors.
The Minister highlighted the administration’s decisive shift from fragmented industrial efforts to coordinated action, from extraction to value addition, and from policy announcement to implementation. He cited the transformation within the shea value chain as evidence of disciplined industrial policy in action, noting that the prohibition of raw shea nut exports catalysed domestic processing, expanded crushing capacity, increased farmer incomes, and significantly boosted exports of processed shea products within a year.
According to him, the policy directly addresses the needs of producers by focusing on power supply, infrastructure, access to finance, skills development, regulatory stability, and investment certainty. He emphasised that industrialisation is a shared responsibility in which the government provides clarity and consistency, while the industry invests, innovates, creates jobs, and deepens local value chains.
Opening remarks were delivered on behalf of the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Ambassador Nura Abba Rimi, who was represented by Mohammed Naziru Abbas, Director, Reform Coordination and Service Improvement. The remarks underscored that the Nigeria Industrial Policy is a strategic instrument aligned with the Renewed Hope Agenda and the broader ambition of building a diversified, resilient, and inclusive economy. The address reaffirmed the Ministry’s commitment to disciplined implementation, monitoring, and accountability to ensure that policy translates into measurable economic gains.
Goodwill messages from leading industrialists and stakeholders reinforced the importance of policy stability, protection of local industries, reliable power supply, and sustained partnership between government and the private sector. Speakers commended the administration for creating a more stable macroeconomic environment and called for continued emphasis on strengthening domestic production capacity to reduce imports, create jobs, and expand Nigeria’s industrial footprint across Africa.
The Nigeria Industrial Policy 2025 sets out a coordinated framework to align institutions, infrastructure, and enterprise around competitive domestic production. It focuses on priority sectors, including agro-processing, textiles and garments, petrochemicals, pharmaceuticals, light manufacturing, metals, and technology-enabled industries. It integrates energy, logistics, finance, skills, and trade policy into a unified strategy, with clear institutional responsibilities and measurable performance indicators to track progress.
With the African Continental Free Trade Area reshaping regional supply chains, the policy positions Nigeria not only to serve its domestic market but also to emerge as a production hub for West Africa and beyond. By expanding manufacturing output, strengthening local value chains, increasing non-oil exports, and generating quality employment, the Federal Government reaffirmed its resolve to build an industrial economy that produces what it consumes, competes globally, and delivers prosperity for Nigerians.
The work, President Tinubu affirmed begins immediately.
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