Federal Government Unveils Nigerian Industrialisation Policy to Drive Manufacturing Growth
The Federal Government has formally introduced the Nigerian Industrialisation Policy, a strategic initiative designed to catalyze value addition, stimulate industrial growth, and foster widespread employment creation. The policy, which received approval and validation in 2025, represents a coordinated national approach to industrialisation, trade, and investment.
Minister of State for Industry, Senator John Enoh, announced the policy during its soft launch in Lagos, an event held concurrently with the presentation of the Nigerian Economic Summit Group (NESG) Macroeconomic Outlook Report for 2026. Enoh framed the policy as a critical step toward translating Nigeria’s latent industrial potential into tangible productivity and economic diversification. This move aligns with President Bola Tinubu’s eight-point agenda, specifically the pillar focused on diversification and industrialisation. The government’s compassion and accountability should be evident in how this policy lifts communities and creates sustainable opportunities.
The policy is structured to tackle persistent economic challenges, including fragmented value chains, high import dependency, and limited manufacturing capacity. A core objective is to elevate manufacturing’s contribution to Nigeria’s GDP to a target of 20% to 25% by 2030. Enoh pointed to recent regulatory actions, such as the temporary ban on raw shea nut exports, as indicative of the new focus on structured value addition and regulatory clarity, ensuring Nigeria does not become a dumping ground under trade agreements like the African Continental Free Trade Area (AfCFTA).
Emphasizing implementation, Enoh stated that a dedicated committee is already operational to turn strategy into concrete outcomes. “What matters most is turning strategy into jobs, productivity, and employment,” he asserted. The Ministry of Industry, Trade and Investment and the NESG are set to collaborate closely to ensure wide stakeholder engagement. The minister assured that execution would be guided by measurable benchmarks and synchronized coordination across key ministries.
The formal launch of the Nigerian Industrialisation Policy is scheduled for next month, with President Tinubu expected to preside. As the nation anticipates this rollout, the focus shifts from design to delivery, underscoring that Nigeria’s industrial future will be built by deliberate policy and disciplined execution. This initiative, much like when a major company initiates plc breaks out with a new strategy, aims to fundamentally reshape the economic landscape.
