Tinubu unveils Nigeria Industrial Policy 2025, demands speedy implementation
President Bola Ahmed Tinubu on Tuesday unveiled the Nigeria Industrial Policy 2025, charging ministries, departments, and agencies (MDAs) to ensure speedy implementation, as the Federal Government moves to re-engineer the
- ...success will be measured by factories built, jobs created, exports leaving ports -- Shettima
President Bola Ahmed Tinubu on Tuesday unveiled the Nigeria Industrial Policy 2025, charging ministries, departments, and agencies (MDAs) to ensure speedy implementation, as the Federal Government moves to re-engineer the nation’s industrial base and place production, competitiveness, and jobs at the centre of economic strategy.
The policy was officially launched at the Bola Ahmed Tinubu International Conference Centre, Abuja, with the President represented by Vice President Kashim Shettima.
According to a statement issued by his Senior Special Assistant on Media and Communications, Office of the Vice President, Stanley Nkwocha, Tinubu said the new policy has a clear implementation architecture, stressing that policies rarely fail at conception but at execution.
He lamented that for too long Nigeria has struggled with fragmented value chains, high production costs, infrastructure gaps, policy inconsistency, and weak coordination between government and industry.
“This stops now,” the President declared, describing the Nigeria Industrial Policy 2025 as an acknowledgement of those deficiencies and a roadmap for unlocking value across sectors.
“We have realised that industrialisation is not a wish you think about; it is an action you perform,” he said.
The President noted that the task of industrialisation demands coherence across energy, trade, infrastructure, finance, skills, and innovation, and requires a stronger partnership between government and the private sector.
Tinubu insisted that his administration would not judge success by the volume of documents produced but by tangible outcomes in the real economy.
“This administration will not measure success by the number of documents we produce. We will measure success by the number of factories that open their gates at dawn, by the jobs created for our young men and women, by the exports that leave our ports bearing the mark of Nigerian excellence, and by the value retained within our own economy,” he stated.
Outlining the policy’s core priorities, Tinubu said it would focus on strategic sectors anchored on Nigeria’s comparative and competitive advantages, while advancing value chain development to move the country from exporting raw materials to producing finished goods.
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He said the policy also integrates micro, small, and medium enterprises into the heart of industrial growth “because prosperity must not be exclusive,” while aligning infrastructure and energy with industrial ambition.
“It strengthens skills, technology, and innovation to prepare our people for the industries of today and tomorrow,” the President added.
Calling for stronger private sector participation, Tinubu urged investors and manufacturers to deepen local value chains, create jobs, transfer skills, and partner with the government in building a productive economy.
He commended the Minister of State for Industry, Senator John Owan Enoh, for what he described as disciplined leadership and clarity of purpose in driving the policy process.
Tinubu said Enoh had demonstrated that policy leadership is “not about noise, but about substance, coordination, and follow-through.”
He also applauded the ministry’s technical teams, industry stakeholders, manufacturers, investors, and practitioners for shaping the policy into what he described as a document grounded in reality and informed by experience.
Earlier, the Minister of State for Industry, Chief John Owan Enoh, said the launch marked a turning point aimed at building an industrial Nigeria that produces, competes, and prospers.
Also speaking at the event, Chairman of Dangote Group of Companies, Alhaji Aliko Dangote, thanked the Federal Government for introducing what he called a progressive industrial policy.
Dangote said Nigeria is the only country in Africa where the private sector is bigger than the government, adding that domestic manufacturers were pleased with the direction of the Tinubu administration.
He expressed confidence that the naira would strengthen further this year, saying, “The naira, this year, will be at ₦1,000 to $100.”
Dangote noted that many investors were willing to invest in Nigeria due to foreign exchange stability and other reforms, but stressed that the protection of indigenous industries remained critical.
“If there is no protection, there is no way any industry will thrive here,” he said.
United Nations Resident and Humanitarian Coordinator in Nigeria, Mr. Mohamed Malick Fall, said the launch of the policy signalled that Nigeria was stepping into a future where hope is turned into action, resulting in inclusive economic growth.
Fall explained that the policy was the outcome of an ongoing partnership between the United Nations Industrial Development Organization (UNIDO) and Nigeria, aimed at transforming the country into a beacon of prosperity and a key player in regional and global value chains.
In his remarks, President of the Manufacturers Association of Nigeria (MAN), Otunba Francis Meshioye, commended Tinubu for the policy launch, saying manufacturers were focused on effective implementation.
He backed the promotion of indigenous entrepreneurship contained in the policy and assured that MAN would give full support to ensure its successful implementation.
The Nigeria Industrial Policy 2025 is expected to serve as the Federal Government’s new industrial blueprint, with emphasis on execution, coordination, competitiveness and value retention within the Nigerian economy.
