ACCI joins stakeholders to advance industrialisation at 2026 National Policy Summit
November 11, 2026
The Abuja Chamber of Commerce and Industry (ACCI) has joined key stakeholders in the industrial and manufacturing sectors to explore strategies for strengthening Nigeria’s industrial base and promoting entrepreneurship at the 2026 National Industrial/Entrepreneurship Policy Summit held in Abuja.
The summit, organised by the Institute of Professional Industrialists and Management Development (IPIMD), took place at the Merit House Auditorium, Maitama, under the theme, “Boosting Industrial/Manufacturing Production in a Recovering Economy through Effective Policy Formulation, Coordination, Administration and Implementation.”
In his opening remarks, the Chairman of the Organising Committee, Dr Oko Jaja underscored the importance of industrialisation to Nigeria’s economic transformation, calling on government leaders to give greater priority to developing the country’s industrial and manufacturing sectors.
Drawing lessons from the industrial development experiences of Asian economies, particularly China, Alfa highlighted how investments in industrial knowledge, technical expertise and productive capacity following the Second World War contributed significantly to their economic advancement.
He observed that Nigeria’s inability to establish a strong industrial base has continued to undermine the competitiveness of local businesses, particularly in the face of increasing competition from Chinese manufacturers operating in the Nigerian market. He also encouraged the organisers to extend the summit to other major industrial hubs, including Lagos and Aba, to broaden stakeholder participation and deepen discussions on industrial development.
A key presentation on industrialisation through research and commercialisation highlighted the importance of innovation, technology transfer and enterprise development in building a sustainable industrial economy. The presentation also featured the network of 58 incubation centres across the country, which provide individuals with innovative ideas a three-year training and incubation programme to transform their concepts into commercially viable products and businesses.
The Federal Ministry of Industry, Trade and Investment (FMITI), in its goodwill message, acknowledged the relevance of the summit to Nigeria’s industrial development agenda and the need for sustained stakeholder engagement in advancing the sector.
Representing ACCI, the Deputy Director-General, Dr Tinuke Temitope, delivered a goodwill address in which she highlighted the Chamber’s commitment to supporting businesses, strengthening private-sector participation and promoting an enabling environment for enterprise growth.
The discussions at the summit reinforced the need for coordinated industrial policies, effective implementation mechanisms, research commercialisation, technical capacity development and stronger collaboration between government institutions and private-sector stakeholders to build a competitive manufacturing sector.
ACCI’s participation provided an opportunity for the Chamber to contribute to national conversations on policies and practical initiatives capable of strengthening local industries, stimulating entrepreneurship, attracting investment and enhancing the competitiveness of Nigerian businesses.
The Chamber reaffirmed the importance of sustained public-private sector collaboration in translating industrial policies into tangible economic outcomes, expanding productive capacity and positioning Nigerian enterprises for greater participation in domestic and international markets.
By Olayemi John-Mensah
ACCI Media & Strategy Officer
