The Federal Ministry of Industry, Trade and Investment under Dr. Jumoke Oduwole is demonstrating a deliberate shift from policy pronouncements to tangible economic outcomes, writes Oluchi Chibuzor
When President Bola Ahmed Tinubu assumed office in May 2023, one of the central pillars of his Renewed Hope Agenda was the transformation of Nigeria into a productive economy driven by industrialisation, trade expansion, investment inflows, manufacturing, digital innovation and non-oil exports.
Nearly three years later, the Federal Ministry of Industry, Trade and Investment (FMITI), under the leadership of Dr. Jumoke Oduwole, has released its scorecard detailing how the ministry and its agencies have aligned their programmes with the President’s economic vision.
The 19-page document reveals measurable policy implementation across virtually every institution under the ministry—from the Bank of Industry (BoI), the Nigerian Export Promotion Council (NEPC), Corporate Affairs Commission (CAC), Standards Organisation of Nigeria (SON), Nigerian Investment Promotion Commission (NIPC), Nigerian Export-Import Bank (NEXIM) and the Nigeria Talent Export Programme – showing that Nigeria is steadily repositioning itself as Africa’s preferred investment destination while simultaneously building domestic productive capacity and expanding its influence within the African Continental Free Trade Area (AfCFTA).
