Economic Transformation: Lagos unveils bold industrial policy
Policy By Aderonke Ojediran Lagos State will launch its Industrial Policy (2025–2030) on Thursday, outlining a strategy to position the state as Africa’s leading industrial and manufacturing hub. Mrs Folashade Ambrose-Medebem, the Commissioner for Commerce, Cooperatives, Trade and Investment, disclosed this at a press conference in Alausa, Ikeja, on Monday. She said the policy reflected months of stakeholder consultations, data-driven analysis and alignment with global best practices in industrial planning and sustainable economic growth. Ambrose-Medebem described the document as the most ambitious industrial agenda ever conceived by the Lagos State Government in recent history. “Within 72 hours, Lagos will launch its Industrial Policy 2025–2030, committing stakeholders to a coherent and actionable plan for industrial transformation,” she said. She noted that the policy provide...