The Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, has assured that Federal Government remains steadfast in its mission to accelerate economic diversification and drive sustainable growth.
Speaking at a ministerial press briefing in Abuja, Dr. Oduwole highlighted the government’s commitment to strategic partnerships and policy-driven initiatives that will reposition Nigeria as a global trade and investment hub.
Dr. Oduwole emphasized the Ministry’s crucial role in President Bola Tinubu’s Renewed Hope Agenda, working closely with key sectors such as Agriculture, Arts and Creative Economy, Communication, Innovation and Digital Economy, and Health to advance industrialization and trade facilitation. She reiterated that the Ministry’s mandate is to create an enabling environment for businesses to thrive, with a workforce of nearly 2,000 personnel nationwide dedicated to executing this vision.
Reflecting on recent milestones, the Minister announced that the Ministry was the first to hold a strategic retreat in 2025, where directors and agencies committed to three key strategic projects aligned with the government’s economic agenda. These initiatives, now embedded in the national budget, are set to be executed with transparency and efficiency.
“Mr. President has made it clear that 2025 is an inflection point. This is the year to galvanize all the reforms that have been initiated and take them forward,” Dr. Oduwole stated.
As part of efforts to modernize operations, the Ministry has also signed a Memorandum of Understanding (MoU) on digitization, aligning with the Office of the Head of Service’s e-Government strategy. This initiative aims to streamline government processes, improve service delivery, and reduce bureaucratic bottlenecks.
Dr. Oduwole further highlighted the Ministry’s Industrial Revolution Work Group and recent industrial tours in the Southwest, designed to strengthen collaboration with stakeholders and boost Nigeria’s manufacturing and trade sectors. She reassured Nigerians that the government remains committed to fostering an investment-friendly environment that will drive economic growth and create jobs.
Speaking on the broader impact of government policies, the Minister of Information and National Orientation, Mohammed Idris, described the Ministerial Conference as a platform for transparency and public engagement, allowing Nigerians to gain firsthand insights into the successes and milestones achieved by the administration.
“This initiative, designed by the Federal Ministry of Information and National Orientation, ensures that Nigerians remain active participants in governance and national development,” he stated.
Idris also pointed to President Tinubu’s historic N54.2 trillion budget—the largest in Nigeria’s history—as proof of the government’s dedication to economic growth, national security, infrastructure development, and human capital advancement.
“This year, 2025, is set to be the year of consolidation—a time when the transformative reforms initiated by this administration begin to yield tangible results,” he added.
Already, the administration’s policies are beginning to ease economic pressures, with a gradual reduction in food prices offering much-needed relief to Nigerians. With strategic reforms underway, Nigeria is well-positioned to unlock new economic opportunities and solidify its place as a leading player in global trade and investment.
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