Vice President Kashim Shettima, representing President Bola Ahmed Tinubu, has arrived at the Bola Ahmed Tinubu International Conference Centre in Abuja to officially launch the country's long-awaited National Industrial Policy.
The event, organized by the Ministry of Industry, Trade and Investment, introduces a comprehensive strategic framework to coordinate and accelerate industrialization, enhance trade, and attract investments across Nigeria.
It forms a core part of President Tinubu's vision for economic diversification, reducing reliance on oil, and fostering robust industrial growth.
In his role as the President's representative, Vice President Shettima is set to formally unveil the policy, paving the way for accelerated industrial development in communities nationwide.
The initiative aligns directly with the Renewed Hope Agenda, focusing on reviving manufacturing, strengthening value chains, promoting import substitution, and integrating micro, small, and medium enterprises (MSMEs) into broader industrial ecosystems.
Key objectives include significantly increasing the manufacturing sector's contribution to GDP, generating sustainable employment opportunities, boosting domestic production, and enhancing Nigeria's competitiveness in global markets.
This launch follows an earlier soft-launch earlier this year and marks a pivotal step toward turning policy ambitions into tangible economic progress.
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