Power remains biggest obstacle to industrial growth — Minister

Author: Kafayat KokumoPublished on: September 8, 2026Country: Nigeria
Business & Economy
Power remains biggest obstacle to industrial growth — Minister

Minister of State for Industries, John Enoh, identified electricity and power constraints as the biggest obstacle to Nigeria's economic prosperity. He noted that industries are spending more to generate electricity and mentioned that the government is collaborating with the African Development Bank on a $368 million project to support about 70 industrial clusters. Enoh also stated that manufacturing would be central to achieving the $1 trillion economy target by 2030.

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