President Bola Ahmed Tinubu has officially launched the Nigeria Industrial Policy 2025, outlining plans to revitalise the country’s manufacturing sector and boost value addition across key industries.
The policy was unveiled in Abuja, with Vice President Kashim Shettima representing the President. Tinubu described it as a practical roadmap focused on expanding local production, creating jobs, strengthening exports, and integrating small businesses into industrial growth.
At the event, Aliko Dangote stressed that resolving Nigeria’s electricity challenges is essential for the policy’s success. He called for a national forum to address the power crisis, warning that sustainable industrial expansion is impossible without reliable energy supply.
The policy aims to raise manufacturing’s contribution to GDP to between 20% and 25% by 2030, with officials emphasising that effective implementation and power sector reforms will determine its success.
Source: Nairametrics