The federal government has expressed resolve to create wealth, generate productive jobs, and build a stronger economy for over 200 Nigerians who look forward to better living conditions.
The government has also unveiled a strategic roadmap to accelerate the country’s economic diversification, industrialization, and global competitiveness.
The Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, Monday, at a 2-Day ministerial retreat in Abuja, said the government through the ministry is committed to “building a dynamic, resilient, and sustainable economy that enables businesses to thrive locally, regionally, and globally.”
The retreat, themed “Accelerating Diversification to Rebuild Prosperity,” brought together CEOs of 20 agencies under the Ministry and all Directors to discuss Nigeria’s path toward economic diversification and industrialization.
Dr Oduwole said, “Our priority is clear—building a dynamic, resilient, and sustainable economy that enables businesses to thrive locally, regionally, and globally. In line with Mr. President’s eight-point agenda, our mission is to create wealth, generate productive jobs, and foster shared prosperity for all Nigerians,” Dr. Oduwole stated
“This is a moment of collective resolve. We must deliver—not just for Mr President but for over 200 million Nigerians who rely on us to build a stronger economy,” Dr Oduwole concluded.
On his part, the Honourable Minister of State for Industry, Trade, and Investment, Senator John Owan Enoh, stressed the need to find new solutions to the country’s economic situation, adding, “This is not just a retreat, it is a defining mission.
“We are not here merely to discuss problems but to deliver solutions. The responsibility before us is immense: How do we transition from an import-dependent economy to an innovation-driven industrial hub? How do we create an environment where our industries are globally competitive? The time for action is now.”
This is as he highlighted areas the ministry was focusing on, to include, scaling up industrialization and expanding trade opportunities, enhancing investment policies to attract both local and foreign investors, developing a sustainable ecosystem for manufacturing, SMEs, and export-driven industries.
Meanwhile, the Permanent Secretary of the Ministry, Ambassador Nuru Rimi, reinforced the importance of the retreat as an opportunity to align the Ministry’s goals with the administration’s economic agenda.
“This retreat is a platform for reflection, innovation, and execution. Our goal is to craft a growth model that fosters industry expansion, technological innovation, and economic resilience. The conversations we have here must translate into concrete actions that will shape Nigeria’s economic trajectory in 2025 and beyond,” he remarked.
As the retreat progresses over the next two days FMITI leadership and its agencies will finalise a clear execution plan to ensure measurable progress in industry, trade and investment policies.
