President Bola Tinubu on Tuesday unveiled the Nigeria Industrial Policy 2025, directing relevant Ministries, Departments and Agencies to ensure its speedy implementation.

The President, represented by Vice-President Kashim Shettima, inaugurated the policy at the Bola Ahmed Tinubu International Conference Centre in Abuja.

Tinubu described the policy as a roadmap for re-engineering Nigeria’s industrial base.

He stated that the document would unlock value across sectors and place production, competitiveness, and jobs at the centre of the nation’s economic strategy.

The President lamented that Nigeria had for too long grappled “with fragmented value chains, high production costs, infrastructure gaps, policy inconsistency, and insufficient coordination between government and industry.”

He declared: “We have realised that industrialisation is not a wish you think about; it is an action you perform.”

Tinubu emphasised: “More than that, we must remind ourselves that this task demands coherence across energy, trade, infrastructure, finance, skills, and innovation.”

He added: “It requires partnership between government and the private sector.”

The President stressed the need for timely implementation and execution of the policy, recalling that his administration assumed office in 2023 with a promise to redefine Nigeria’s industrial ambition.

He asserted: “The defining strength of this policy is its insistence on implementation.” This administration will not measure success by the number of documents we produce.

Tinubu continued: “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 explained that the policy prioritises strategic sector focus anchored on the nation’s comparative and competitive advantages.

Tinubu noted: “It advances value chain development so that Nigeria moves steadily from exporting raw materials to producing finished goods.”

He further said: “It integrates our micro, small, and medium enterprises into the heart of industrial growth, because prosperity must not be exclusive.”

The President added: “It aligns infrastructure and energy with industrial ambition, for factories cannot run on policy alone. It strengthens skills, technology, and innovation to prepare our people for the industries of today and tomorrow.”

Tinubu commended the Minister of State for Industry, Sen. John Enoh, “for his disciplined leadership and clarity of purpose in driving” the process.

He observed that the minister had demonstrated that policy leadership was not about noise but about substance, coordination, and follow-through.

The President also applauded the ministry’s technical teams, industry stakeholders, manufacturers, investors, and practitioners for shaping the “policy into a document.”

The Chairman of the Dangote Group of Companies, Alhaji Aliko Dangote, thanked the Federal Government for introducing a progressive industrial policy.

Dangote observed that Nigeria was the only country in Africa where the private sector is bigger than the government.

He stated that domestic manufacturers are pleased with the policy the Tinubu administration has created, expressing firm belief that “the Naira, this year, will be at ₦1,000 to $100.”

Dangote disclosed that many investors were willing to invest in Nigeria due to exchange rate stability and other economic reforms.

He suggested that the only thing remaining is the protection of indigenous industries, saying: “If there is no protection, there is no way any industry will thrive here.”