FG Introduces Industrialisation Policy to Boost Manufacturing, Jobs The Federal Government has unveiled the Nigerian Industrialisation Policy to accelerate value addition, strengthen manufacturing, and create jobs across the country. Announced in Lagos by the Minister of State for Industry, Senator John Enoh, the policy provides a coordinated framework for industrial growth, trade expansion, and investment, following its approval and validation in 2025. Aligned with President Bola Ahmed Tinubu’s eight-point agenda, the policy is built on six core pillars: competitive industrial production, value-chain deepening, import substitution, MSME-to-industry transition, trade competitiveness under AfCFTA, and strong institutional governance. It aims to address long-standing challenges such as fragmented value chains, heavy import dependence, and limited manufacturing capacity. A major target of the policy is to raise manufacturing’s contribution to GDP to between 20 percent and 25 percent by 2030. The government has already set up an implementation committee, underscoring its focus on execution, measurable outcomes, and job creation rather than policy pronouncements alone. The policy also positions Nigeria to fully leverage AfCFTA while safeguarding the domestic market from becoming a dumping ground for imports. Its formal launch is scheduled for next month, with President Tinubu expected to preside, reinforcing the administration’s commitment to deliberate industrial transformation as a driver of inclusive growth and economic resilience. — Kamorudeen Yusuf, MBA Personal Assistant on Special Duties to the President

FG Introduces Industrialisation Policy to Boost Manufacturing, Jobs The Federal Government has unveiled the Nigerian Industrialisation Policy to accelerate value addition, strengthen manufacturing, and create jobs across the country. Announced in Lagos by the Minister of State for Industry, Senator John Enoh, the policy provides a coordinated framework for industrial growth, trade expansion, and investment, following its approval and validation in 2025. Aligned with President Bola Ahmed Tinubu’s eight-point agenda, the policy is built on six core pillars: competitive industrial production, value-chain deepening, import substitution, MSME-to-industry transition, trade competitiveness under AfCFTA, and strong institutional governance. It aims to address long-standing challenges such as fragmented value chains, heavy import dependence, and limited manufacturing capacity. A major target of the policy is to raise manufacturing’s contribution to GDP to between 20 percent and 25 percent by 2030. The government has already set up an implementation committee, underscoring its focus on execution, measurable outcomes, and job creation rather than policy pronouncements alone. The policy also positions Nigeria to fully leverage AfCFTA while safeguarding the domestic market from becoming a dumping ground for imports. Its formal launch is scheduled for next month, with President Tinubu expected to preside, reinforcing the administration’s commitment to deliberate industrial transformation as a driver of inclusive growth and economic resilience. — Kamorudeen Yusuf, MBA Personal Assistant on Special Duties to the President