Nigeria Launches Industrial Policy 2025
Analysis based on 7 articles · First reported Feb 22, 2026 · Last updated Feb 24, 2026
The Nigeria Industrial Policy 2025 is expected to have a positive impact on Nigeria's financial markets by boosting manufacturing, attracting private capital, and diversifying the economy away from oil dependence. The recapitalization of the Bank of Industry and expansion of intervention funds will directly support industrial growth.
Nigeria has launched its ambitious Industrial Policy 2025, committing up to 5% of its Gross Domestic Product annually to industrial financing. The policy, unveiled by President Bola Tinubu and developed by the Nigeria===Federal Ministry of Industry, Trade and Investment, aims to reposition the economy towards large-scale production, export competitiveness, and job creation. Key features include recapitalizing the Bank of Industry to N3 trillion by 2026, expanding sector-specific intervention funds in collaboration with the Nigeria===Central Bank of Nigeria, and introducing a 'Nigeria First' procurement policy. The goal is to increase manufacturing's contribution to Nigeria's GDP to between 20% and 25% by 2030, with an immediate focus on metals and solid minerals, oil and gas, construction, and manufacturing sectors. The policy also emphasizes technology, sustainability, human capital development, and positions Nigeria as a regional supply chain hub within the African Continental Free Trade Area framework.
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