Tinubu unveils Nigeria Industrial Policy 2025

Nigerian President Bola Ahmed Tinubu, Tuesday, unveiled the Nigeria Industrial Policy 2025.

The president charged relevant ministries, departments and agencies (MDAs) of government to ensure speedy implementation of the policy.

According to him, the policy, which is a roadmap for re-engineering Nigeria’s industrial base, unlocking value across sectors, and placing production, competitiveness, and jobs at the centre of the nation’s economic strategy, has already established a clear implementation architecture, because policies rarely fail at conception but at execution.

Speaking during the official launch of the Nigeria Industrial Policy 2025 at the Bola Ahmed Tinubu International Conference Centre, Abuja, the president, who was represented by his deputy, Vice President Kashim Shettima, regretted that for too long, Nigeria has grappled “with fragmented value chains, high production costs, infrastructure gaps, policy inconsistency, and insufficient coordination between government and industry.”

Emphatically, the Nigerian leader noted, however, that “this stops now,” as the Nigeria Industrial Policy 2025 is an acknowledgement of such deficiencies.

We have realised that industrialisation is not a wish you think about; it is an action you perform. More than that, we must remind ourselves that this task demands coherence across energy, trade, infrastructure, finance, skills, and innovation. It requires partnership between government and the private sector,” he stated.

President Tinubu insisted on timely implementation and execution of the policy, noting that when his administration came on board in 2023, it did so with a promise to redefine Nigeria’s industrial ambition.

He said, “The defining strength of this policy is its insistence on implementation. 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.” Outlining key aspects of the policy, the president said it prioritises strategic sector focus anchored on the nation’s comparative and competitive advantages.

He continued: “It advances value chain development so that Nigeria moves steadily from exporting raw materials to producing finished goods. It integrates our micro, small, and medium enterprises into the heart of industrial growth, because prosperity must not be exclusive.