FG unveils industrial policy to revive dormant factories, proposes BOI recapitalisation
[NigerianEye - Nigeria] - 16/02/2026
The federal government has unveiled a new industrial policy designed to revive dormant factories, strengthen domestic manufacturing, and reposition the country as a competitive industrial hub. John Owan Enoh, the minister of state for industry, announced the framework during a recent engagement with members of the Nigerian Guild of Editors. He said industrialisation is central to Nigeria’s economic transformation, stressing that while trade and investment remain important, lasting prosperity depends on productive industries capable of competing globally. The policy is said to be closely (…)
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