The Federal Government has rolled out the Nigerian Industrialisation Policy, a strategic framework aimed at accelerating value addition, industrial growth, and employment creation across the country. The initiative, announced in Lagos during a soft launch, aligns with President Bola Tinubu’s national eight-point agenda, particularly Agenda Seven, which focuses on economic diversification and industrialisation.
Minister of State for Industry, Senator John Enoh, who presented the policy alongside the Nigerian Economic Summit Group (NESG) 2026 Macroeconomic Outlook Report, described it as a blueprint designed “with industry, not for industry,” ensuring that Nigerians across sectors have a stake in its implementation. Approved and validated in 2025, the policy reflects a coordinated approach to trade, investment, and industrial development.
Brandspur Brand News reports that the framework is structured around six pillars: competitive industrial production, value-chain deepening, import substitution, MSME-to-industry transition, trade competitiveness under the African Continental Free Trade Area (AfCFTA), and institutional governance. According to Enoh, these pillars are designed to tackle Nigeria’s persistent industrial challenges, including fragmented value chains, high import dependency, and low manufacturing capacity.
The policy sets ambitious targets, aiming to increase manufacturing’s contribution to Nigeria’s GDP from less than 10% to between 20% and 25% by 2030. Enoh cited recent measures, such as the temporary ban on raw shea nut exports, as examples of the government’s commitment to structured value addition and regulatory clarity. “Our focus is not just policy formulation but implementation that generates jobs, productivity, and sustainable growth,” he said.
Nigeria’s strategic position within AfCFTA was also emphasised, with Enoh highlighting the importance of leveraging the domestic market while preventing it from becoming a dumping ground for imported goods. The minister reassured stakeholders that government agencies, including the Ministries of Trade, Finance, Energy, and Infrastructure, would coordinate closely to deliver measurable benchmarks and effective execution.
The formal launch of the industrialisation policy is scheduled for next month, with President Tinubu expected to preside over the event. The Ministry of Industry, Trade and Investment and NESG will collaborate to ensure broad stakeholder engagement and smooth rollout of the programme.
With this policy, Nigeria is taking deliberate steps to strengthen domestic manufacturing, reduce import dependency, and create employment opportunities, signalling a new era for industrial growth and economic resilience.
