The Federal Government has unveiled the Nigerian Industrialisation Policy aimed at accelerating value addition, strengthening manufacturing, and creating jobs nationwide. The announcement was made by the Minister of State for Industry, Senator John Enoh, following the policy’s approval and validation in 2025.
The policy provides a coordinated framework for industrial growth, trade expansion, and investment, in line with President Bola Ahmed Tinubu’s eight-point agenda. It rests on six core pillars: competitive industrial production, value-chain deepening, import substitution, MSME-to-industry transition, trade competitiveness under AfCFTA, and strong institutional governance.
According to officials, the initiative seeks to address challenges such as fragmented value chains, heavy import dependence, and limited manufacturing capacity. A key target is to raise manufacturing’s contribution to GDP to between 20 and 25 percent by 2030.
An implementation committee has been established to ensure the policy’s execution, focusing on measurable outcomes and job creation rather than mere policy statements. The policy also aims to position Nigeria to fully leverage the African Continental Free Trade Area (AfCFTA) while protecting the domestic market from import dumping.
The formal launch is scheduled for next month, with President Tinubu expected to preside, signaling the administration’s commitment to industrial transformation as a driver of inclusive growth and economic resilience.
