The Federal Ministry of Industry, Trade and Investment (FMITI) has reinforced its commitment to delivering measurable economic results with the signing of the 2026 Strategic Performance Contract between the Honourable Ministers and the Chief Executives of Agencies under the Ministry, between the Permanent Secretary and the Directors, followed by the adoption of a retreat communiqué aimed at accelerating industrial growth, expanding trade opportunities, attracting strategic investments, and supporting Nigeria’s journey towards a $1 trillion economy.
The milestone was achieved at the conclusion of the Ministry’s 2026 Top Management Retreat held recently in Abuja, where senior management, heads of agencies, development partners and key stakeholders gathered under the theme: “From Policy to Performance: Driving Industrial Growth, Trade Expansion and Investment Outcomes.”
Closing the two-day retreat, the Honourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, commended the Permanent Secretary, Directors, Heads of Agencies, development partners and participants for their commitment and active engagement.
She described the retreat as a critical platform for strategic reflection, collaboration and alignment, stressing that the Ministry’s mandate remains central to economic transformation, job creation and improved livelihoods for Nigerians.
Dr. Oduwole emphasized that the signing of the 2026 Strategic Performance Contract signifies a collective commitment to accountability, results-driven governance and the delivery of priority initiatives that will strengthen industrial development, boost trade competitiveness and enhance investment inflows.
She reiterated that FMITI remains focused on translating policy into tangible outcomes through stronger coordination, effective programme implementation and deeper collaboration with stakeholders across the public and private sectors.
The Honourable Minister of State for Industry, Senator John Owan-Enoh, noted that the success of Nigeria’s industrial agenda would be reflected in increased productivity, stronger local industries, sustainable export growth and greater investor confidence.
Similarly, the Permanent Secretary, Dr. Chris Osa Isokpunwu, urged departments and agencies to align their programmes, budgets and performance targets with national development priorities, emphasizing accountability, effective monitoring and continuous performance improvement as essential drivers of success.
The Director of Policy, Planning, Research and Statistics (PPRS), Mrs. Iya Ibrahim Gamawa, highlighted the importance of strategic alignment, performance management and results-based implementation in achieving the Ministry’s objectives and delivering value to citizens.
Goodwill messages from development partners and stakeholders, including the United Nations Industrial Development Organization (UNIDO) and the Chairman Senate Committee on Industry, reaffirmed strong support for the Ministry’s reform agenda and industrial transformation efforts.
A major outcome of the retreat was the adoption of a communiqué outlining key priorities, implementation strategies and performance commitments for 2026.
The communiqué reflects a shared resolve to strengthen coordination across the Ministry and its agencies, improve service delivery, enhance investment facilitation, promote exports, support MSMEs and drive industrial competitiveness.
Following the signing of the Strategic Performance Contract and adoption of the communiqué, participants reaffirmed their commitment to delivering measurable outcomes, including increased investments, establishment of new industries and factories, expanded exports, job creation and greater value retention within the domestic economy.
The retreat concluded with a renewed sense of purpose and a collective resolve to advance the economic objectives of President Bola Ahmed Tinubu’s Renewed Hope Agenda while strengthening FMITI’s role as a key driver of sustainable, inclusive and transformative economic growth.
Obilor -Duru Augustina Okechi
Head Press & PR
FMITI
25th June 2026
