The Federal Government has unveiled the Nigerian Industrialisation Policy, aimed at boosting value addition, promoting industrial growth, and creating jobs nationwide.
The Minister of State for Industry, Senator John Enoh, introduced the policy during its soft launch on Thursday in Lagos, coinciding with the presentation of the 2026 Macroeconomic Outlook Report by the Nigerian Economic Summit Group.
Validated and approved in 2025, the policy embodies a unified approach to driving industrialisation, trade, and investment in Nigeria.
Enoh called the policy a strategic effort to turn Nigeria’s industrial potential into concrete productivity.
“Over the last year, discussions about industrialisation have become more public. This policy was shaped with industry, not for industry, to ensure that every Nigerian has a stake and that implementation is front and centre,” he said.
The initiative aligns with President Bola Tinubu’s eight-point national agenda, notably Agenda Seven, which emphasizes diversification and industrialisation.
The policy supports President Bola Tinubu’s eight-point national agenda, with a specific focus on Agenda Seven, which prioritizes diversification and industrialisation.
The minister explained that the framework is built on six pillars:
Competitive industrial production,; Value-chain deepening, Import substitution; MSME-to-industry transition; Trade competitiveness under the AfCFTA framework; and Institutional governance.
“These pillars are designed to address Nigeria’s long-standing challenges, such as fragmented value chains, high import dependency, and limited manufacturing capacity,” Enoh noted.
Enoh stated that the policy seeks to increase manufacturing’s share of Nigeria’s GDP to between 20% and 25% by 2030.
He pointed to the recent temporary ban on raw shea nut exports as an example highlighting the importance of structured value addition and clear regulatory frameworks.
“We did not produce a policy just to admire it. A small committee is already working on implementation, because what matters most is turning strategy into jobs, productivity, and employment,” he said.
