President Bola Tinubu announced a comprehensive six-point plan to boost local manufacturing and economic growth in Nigeria, emphasizing the importance of prioritizing local content in government procurement and establishing a quarterly compliance dashboard starting in early 2026.

This initiative aligns with Nigeria's newly validated industrial policy, developed with extensive input from industry stakeholders, including the mining sector, and aims to promote phased implementation with clear milestones.

The government plans to leverage public funding, procurement, and partnerships to demand more locally-made goods, emphasizing standards and cost reduction as part of the policy's core strategy.

Recent data shows Nigeria’s industrial sector grew by 7.45 percent and manufacturing by 1.6 percent, contributing 7.81 percent to GDP, indicating progress but also highlighting the need for continued efforts.

The Nigerian government has introduced a six-point implementation plan for the 'Nigeria First' policy, with specific timelines and initiatives to promote local industries and economic growth.

Industry leaders, including Francis Meshioye of the Manufacturers Association of Nigeria, expressed strong support for the policy’s full legislation and implementation, believing it will boost manufacturing and improve citizens’ welfare.

The plan includes providing long-term financing for manufacturers, ensuring reliable energy supply for industrial clusters, strengthening skills and workplace safety, and improving logistics to support local industries.

Additional initiatives include improving energy and logistics with dedicated power for industrial clusters, enhancing skills through the Industrial Training Fund, and developing safer supply chains.

Manufacturers are encouraged to prioritize quality, collaborate on localization, share data for procurement planning, and partner with agencies to mentor MSME suppliers, supporting the overall policy goals.

President Tinubu called for increased visibility of Made in Nigeria products in public procurement and key sectors to create more jobs, expand local inputs, and enhance product standards and safety.

President Tinubu urged manufacturers to focus on quality, research and development, and phased localization of inputs to meet international standards while reducing production costs.

President Tinubu outlined six commitments with clear owners and timelines to ensure effective implementation, focusing on quality, standards, research, and phased local sourcing.