In a major step toward economic transformation, President Bola Ahmed Tinubu officially unveiled the Nigeria Industrial Policy (NIP) 2025 on February 17, 2026.
Represented by Vice President Kashim Shettima at the launch in Abuja, the President described the policy as a strategic roadmap designed to re-engineer the nation’s industrial base.
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The framework aims to move Nigeria away from a heavy reliance on raw material exports toward a production-driven economy that prioritizes value addition, job creation, and global competitiveness.
The President emphasized that while many policies are well-conceived, this one is built on a “clear implementation architecture,” focusing on tangible outcomes like the number of factories opened and jobs created rather than just the volume of documents produced.
The unveiling was attended by major captains of industry, including Aliko Dangote, President of the Dangote Group, who praised the government’s efforts but delivered a firm warning about the necessity of infrastructure.
Dangote demanded that the Federal Government urgently convene a national forum or retreat specifically dedicated to the power sector.
He argued that no industrial policy can succeed without stable and affordable electricity, noting that many manufacturers currently spend more on generating their own power than on actual production.
According to Dangote, “Power means growth; no power, no growth,” and he urged the government to resolve the energy crisis to ensure that the newly launched industrial policy achieves its goal of domestic prosperity.
In addition to the call for power reforms, Dangote stressed the importance of protecting local industries from the “dumping” of finished goods, which he equated to importing poverty and exporting Nigerian jobs.
He highlighted that with the current exchange rate stability and the reforms being implemented, many investors are eager to enter the Nigerian market, provided the environment is truly enabling.
The President’s speech echoed this need for partnership, inviting the private sector to invest with confidence while promising that the government would align infrastructure and energy policies to support industrial ambition.
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Social Media Ready Post A New Blueprint for Industrial Nigeria! President Bola Ahmed Tinubu has officially launched the Nigeria Industrial Policy 2025, a bold roadmap aimed at transforming Nigeria from a consumer nation into a global production hub.
Represented by VP Kashim Shettima, the President declared that the success of this policy will be measured by “factories opened and jobs created,” not just words on paper.
The Vision:Moving from exporting raw materials to producing finished goods, integrating MSMEs into the industrial heart of the nation, and creating millions of jobs for our youth.
The “Power” Reality Check:Billionaire industrialist Aliko Dangote joined the launch with a powerful demand: A National Forum on Power.
Dangote warned that “no power means no growth,” noting that factories cannot survive by spending more on diesel than on production. He called for an urgent national retreat to fix the electricity crisis and demanded stronger protection for local manufacturers to stop the “importation of poverty.”
Is this the turning point for Nigeria’s manufacturing sector? The policy is here; now the focus shifts to implementation and the light bulbs
Image Credit: Nairametrics
Source: Nairametrics
