When President Bola Tinubu took over the mantle of leadership as Nigeria’s President on May 29, this year, his agenda for the economy was loud and clear- to target a higher Gross Domestic Product growth rate and to significantly reduce unemployment.
To achieve this, one of the things the President listed in his inaugural speech that he would do was to pursue an industrial policy that will utilize the full range of fiscal measures to promote domestic manufacturing and lessen import dependency.