President Bola Tinubu on Tuesday unveiled Nigeria’s Industrial Policy 2025, urging relevant ministries, departments and agencies (MDAs) to ensure its swift and effective implementation.
The policy was launched in Abuja by Vice President Kashim Shettima, who represented the President at the Bola Tinubu International Conference Centre.
The development was disclosed in a statement signed by the Senior Special Assistant to the President on Media and Communications (Office of the Vice President), Stanley Nkwocha.
Tinubu described the Industrial Policy 2025 as a strategic roadmap designed to re-engineer Nigeria’s industrial base, unlock value across key sectors and place production, competitiveness and job creation at the core of the nation’s economic agenda.
He noted that while policies are often well-conceived, they frequently fail at the point of execution.
“Policies rarely fail at conception; they fail at implementation,” the President said, stressing the need for discipline, coordination and accountability in driving the new framework.
Highlighting long-standing challenges confronting Nigeria’s industrial sector, Tinubu said the country has for decades grappled with fragmented value chains, high production costs, infrastructure deficits, policy inconsistency and weak collaboration between government and industry.
“We have realised that industrialisation is not a wish you think about; it is an action you perform.
“More than that, we must remind ourselves that this task demands coherence across energy, trade, infrastructure, finance, skills, and innovation. It requires partnership between government and the private sector.”
The President stressed that the success of the policy would be measured by tangible outcomes.
“This administration will not measure success by the number of documents we produce.
“We will measure success by the number of factories that open their gates at dawn, by the jobs created for our young men and women, by the exports that leave our ports bearing the mark of Nigerian excellence, and by the value retained within our own economy.”
“These bottlenecks have constrained industrial growth for too long. This policy marks a decisive break from that past,” he said, adding that the Industrial Policy 2025 directly confronts these structural weaknesses.
The President called for stronger private sector participation, urging businesses to invest with confidence, deepen local value chains, create sustainable jobs, transfer skills and partner with government in building a productive and resilient economy.
Earlier, Enoh described the unveiling of the Industrial Policy 2025 as a critical turning point in Nigeria’s economic journey, saying it signalled a renewed commitment to building an industrial economy that produces efficiently, competes globally and delivers shared prosperity.Tinubu Launches Nigeria Industrial Policy 2025, Demands Effective Implementation
Bola Tinubu on Tuesday unveiled Nigeria’s Industrial Policy 2025, calling on ministries, departments and agencies (MDAs) to ensure its prompt and efficient execution.
The policy was formally launched in Abuja by Kashim Shettima, who represented the President at the Bola Tinubu International Conference Centre.
According to a statement issued by Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications (Office of the Vice President), the new policy serves as a comprehensive roadmap aimed at revitalising Nigeria’s industrial sector, unlocking value across critical industries and prioritising production, competitiveness and job creation within the national economy.
Tinubu noted that while policies are often well designed, they frequently falter during implementation.
“Policies rarely fail at conception; they fail at implementation,” he said, emphasising the importance of discipline, coordination and accountability in executing the framework.
The President identified persistent challenges in Nigeria’s industrial landscape, including fragmented value chains, high production costs, infrastructure gaps, inconsistent policies and weak collaboration between government and industry.
He stressed that industrialisation requires deliberate action and alignment across key sectors such as energy, trade, infrastructure, finance, skills development and innovation, alongside strong public-private partnerships.
Tinubu maintained that the administration would judge the policy’s success by practical results rather than paperwork.
“We will measure success by the number of factories that open at dawn, the jobs created for our youths, the exports shipped from our ports marked by Nigerian excellence, and the value retained within our economy,” he stated.
Describing the policy as a decisive departure from past constraints, the President said it directly addresses structural bottlenecks that have long hindered industrial growth.
He also urged the private sector to take advantage of the new framework by investing confidently, strengthening local value chains, generating sustainable employment, transferring skills and collaborating with government to build a resilient and productive economy.
Earlier, Enoh described the unveiling as a significant milestone in Nigeria’s economic development, signalling renewed determination to establish an efficient, globally competitive and inclusive industrial economy.
