The Nigerian Investment Promotion Commission (NIPC) participated in the Second Ministerial Roundtable on Affordable Long-Term Finance and Incentives, convened by the Federal Ministry of Industry, Trade and Investment (FMITI) through the Industrial Revolution Work Group (IRWG) at Eko Hotel and Suites, Lagos.
At the heart of the conversation was a critical question: how do we make capital more affordable, accessible and sustainable for businesses, particularly manufacturers and MSMEs?
Stakeholders examined practical pathways to address high interest rates, short loan tenures and limited access to long-term capital, while exploring the strategic use of development finance, credit guarantees and targeted incentives to stimulate investment, expand industrial capacity and create jobs.
The Roundtable also reinforced the need to move from policy to implementation, supporting Nigeria's ambition to increase manufacturing's contribution to 25% of GDP by 2030.
A major outcome was the development of a consolidated 30/60/90-Day Implementation Matrix, focused on five priority areas:
Energy & Infrastructure
Finance & Incentives
Made-in-Nigeria Market Integrity
Regulatory Reform
Skills & Innovation
The framework provides a practical roadmap: what needs to be done, who is responsible, when it should happen, and how interventions connect. It turns policy priorities into measurable action.
Representing NIPC were Edith Udo-Udofia, Deputy Director, Policy Advocacy; Aminat Bello, SIO, Policy Advocacy; and Somorin Abayomi, SP, SWZO.
For NIPC, engagements such as this are about more than participation. They are about shaping policies, removing investment barriers and creating the conditions for businesses to invest, grow and create jobs.
As Nigeria builds a stronger industrial economy, NIPC remains at the table, connecting policy with investment, and investment with opportunity.