President Tinubu inaugurated a lithium plant in Nasarawa, emphasizing the need for Nigeria to advance beyond exporting raw minerals. He stated that the government aims to develop local industries, create jobs, and enhance the country's role in the global clean energy value chain.

At the Nigeria Ceramic Investment Summit and Product Exhibition 2026, stakeholders in Nigeria's ceramic industry emphasized the need for increased domestic investment, innovation, and stronger policy support to reduce the $2.1 billion spent on ceramic imports. They advocated for deeper collaboration to enhance the sector's role in industrialization, job creation, and economic diversification, according to Vanguard.

Nigeria spent N952.15bn on fuel imports in the second quarter of 2026, according to Punch, despite the country's growing domestic refining capacity. The spending comes amid an ongoing feud between Dangote Refinery and fuel importers. The figure highlights continued reliance on imported petroleum products even as local refining operations expand, raising questions about the impact of the dispute between Africa's largest refinery and import marketers on the nation's fuel supply and costs.

In an interview with Tribune Online, Oladapo Kehinde Toheeb, Chief Executive Officer of Kehtol Global Investment Company Limited, discussed the company's operations since its founding in 2018. Speaking with Aderonke Adesanya, he addressed the firm's role in Nigeria's agricultural and commodity-trading sector, its work with smallholder farmers, and challenges facing producers. According to Toheeb, Nigeria requires stronger investment in agricultural processing, alongside issues around commodity exports and local processing capacity.

Nigeria's Federal Government spent about N7.21bn running the Ajaokuta Steel Company Limited between 2020 and 2025, even as the nearly 50-year-old complex in Kogi State remained largely dormant, according to spending records obtained by Punch. The expenditure covered taxes, statutory obligations, pension and housing-fund contributions, maintenance, road works and other infrastructure payments across 501 transactions, while the country continued to import steel worth about N1tn.

The Federal Government of Nigeria has reported securing over $380 million in investment commitments within the first 90 days of implementing the Nigeria Industrial Policy (NIP) 2025. This progress aims to enhance local manufacturing, exports, skills development, and industrial infrastructure, according to a report from the Office of the Federal Government.