The Federal Government on Tuesday launched the Nigeria Industrial Policy 2025, a framework aimed at repositioning the economy from consumption to production, with emphasis on value addition, job creation and global competitiveness.

President Bola Ahmed Tinubu, who unveiled the policy through Vice President Kashim Shettima, said the initiative fulfilled a key promise of the administration to translate Nigeria’s economic potential into productivity and measurable outcomes. He said the policy marked a shift from broad declarations to disciplined execution and from the export of raw materials to the development of value driven industries within the country.

Tinubu described the Nigeria Industrial Policy 2025 as a practical and implementable roadmap to rebuild the industrial base, strengthen domestic value chains and enhance competitiveness. He stressed that industrialisation required deliberate coordination across energy, infrastructure, trade, finance, skills and innovation, driven by strong collaboration between government and the private sector.

According to the President, the policy prioritises sectors where Nigeria has comparative advantages, deepens value chain development to retain more economic value locally, integrates micro, small and medium enterprises into industrial growth and establishes a clear framework for implementation and accountability.

In his remarks, the Minister of State for Industry, Senator John Owan Enoh, said the launch signalled a decisive moment in the country’s industrial development, noting that industrialisation had become a disciplined priority of the Federal Government. He said the policy was shaped by lessons from past initiatives and extensive consultations with manufacturers, investors, development partners and other stakeholders.

Enoh said the administration had moved away from fragmented industrial efforts to coordinated action, and from extraction to value addition. He cited progress in the shea value chain, noting that restrictions on raw shea nut exports had boosted domestic processing capacity, increased farmer incomes and expanded exports of processed shea products.

He added that the policy addressed key challenges facing producers, including power supply, infrastructure, access to finance, skills development, regulatory stability and investment certainty.

According to him, government would provide clarity and consistency, while the private sector was expected to invest, innovate, create jobs and deepen local value chains.

Opening remarks delivered on behalf of the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Ambassador Nura Abba Rimi, by the Director of Reform Coordination and Service Improvement, Mohammed Naziru Abbas, said the policy aligned with the Renewed Hope Agenda and the goal of building a diversified and resilient economy. He assured stakeholders of the ministry’s commitment to effective implementation, monitoring and accountability.

Goodwill messages from industry leaders underscored the need for policy stability, reliable power supply and sustained partnership between government and the private sector. They commended efforts to stabilise the macroeconomic environment and called for continued support for domestic production to reduce imports and expand employment.

The Nigeria Industrial Policy 2025 identifies priority sectors such as agro processing, textiles and garments, petrochemicals, pharmaceuticals, light manufacturing, metals and technology enabled industries. It integrates energy, logistics, finance, skills and trade into a unified strategy with clear institutional responsibilities and performance indicators.

With the African Continental Free Trade Area reshaping regional supply chains, the policy is expected to position Nigeria as a manufacturing hub for West Africa, expand non oil exports and generate employment, reinforcing the Federal Government’s resolve to build a productive and competitive economy.