By Juliet Nwogu
The Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole has emphasized the Ministry’s commitment to building a dynamic, resilient, and sustainable economy that enables businesses to thrive locally, regionally, and globally.
This is as the Ministry unveiled a strategic roadmap to accelerate Nigeria’s economic diversification, industrialization, and global competitiveness.
Dr Oduwole, who said this at a high-level retreat in Abuja, stated that “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
According to the Minister, “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,”
Also speaking at the retreat, the Minister of State for Industry, Trade, and Investment, Senator John Owan Enoh, underscored the significance of this moment in Nigeria’s history.
Sen Eno stated that “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,”
The Minister of State also highlighted key focus areas, including scaling up industrialization and expanding trade opportunities, enhancing investment policies to attract both local and foreign investors and developing a sustainable ecosystem for manufacturing, SMEs, and export-driven industries.
The Permanent Secretary of the Ministry, Ambassador Nuru Abba 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.
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.
