It is a 10-year period within which we will have advanced manufacturing to a stage where we go beyond the nine percent, 10 per cent contribution to GDP to as high as 20 to 25 per cent.”
“With global remittance corridors costing over 6.0 percent, settlement lags of several days, and compliance burdens that exclude MSMEs, millions remain disconnected from global opportunity,” said Cardoso.
In the memo, the company said that the appointments were intended to “empower a new generation to take on expanded responsibilities in shaping our future.”
The Chairman of the Committee, Hon. James Faleke, who made this week , said that the review was necessary as a result of the country’s annual loss of about N8 trillion to waivers and concessions.
Here are the key highlights of the new Industrial Policy 2025, according to Vice President Shettima.
A breakdown of the financing showed that N202 billion was allocated to agro-allied enterprises, while N100 billion went to critical national infrastructure, including broadband, power, aviation and transportation.
Manufacturing received N79 billion, extractive industries N77 billion and services N55 billion.
With domestic refining now in full swing after decades of reliance on fuel imports, pressure on the foreign exchange market is expected to ease considerably.
Drawing from BUA Group’s experience, Rabiu recounted the company’s transition from cement importation to local production in Nigeria over sixteen years ago.
ISO 37003 offers a practical and scalable framework that organisations can implement to strengthen internal controls and build resilience against financial crimes.
In the joint directive dated Tuesday , 11 February 2026, and signed by Terrence Kuanum, Special Adviser on Public Affairs to the SGF, both offices urged the public and industry stakeholders to disregard any enforcement measures not cleared by the OSGF.
