Who Runs Naija/
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Federal Ministry of Industry, Trade and Investment

Industrial policy, trade, and investment promotion.

Legal basisWebsite

Honourable Minister

Jumoke OduwoleAppointed 2024

From Lagos State, South West · Federal character

What the Constitution says

  • s.147(2)

    The President appoints every minister, but only after the Senate confirms the nomination. At least one minister must come from each state (s.147(3)).

2026 budget

All ministries

₦157 billion0.2% of the ₦68.32 trillion budget

  • Salaries ₦26.4 billion
  • Running costs ₦5.60 billion
  • Projects ₦125 billion

Largest lines, of 18

  1. Oil and Gas Free Zones Authority, Nigeria (OGFZA)₦67.3 billion · p.972
  2. SMEDAN₦37.2 billion · p.972
  3. Federal Ministry of Industry, Trade and Investment₦10.3 billion · p.972
  4. Nigerian Export Processing Zones Authority₦10.2 billion · p.972
  5. Standard Organization of Nigeria₦7.25 billion · p.972

Sum of the lines the Act lists under it. Source: 2026 Appropriation Act, p.972

Where it appears in the news

  • NEPC and the quest for a more reliable export incentive system, By Kabir Abdulsalam

    Sep 30, 2026

    Building a resilient export economy requires ensuring that future commitments are transparent, adequately funded and consistently honoured… Only then can Nigerian exporters confidently plan production, secure international buyers, obtain certifications, fulfil

    premiumtimesng.com ↗

  • NIPC, Kaduna take top spots in transparency, integrity ranking

    Sep 28, 2026

    The report noted that only a few institutions performed well, with many scoring less than 20 per cent.

    premiumtimesng.com ↗
Senate of Nigeria confirms Federal Ministry of Industry, Trade and Investment. s.147(2): The President appoints every minister, but only after the Senate confirms the nomination. At least one minister must come from each state (s.147(3)).National Assembly oversees Senate of Nigeria. s.47–49: The National Assembly is two chambers, the Senate and the House of Representatives, and voters elect both.People of Nigeria elects National Assembly. s.47–49: The National Assembly is two chambers, the Senate and the House of Representatives, and voters elect both.President of the Federal Republic of Nigeria appoints Federal Ministry of Industry, Trade and Investment. s.147(2): The President appoints every minister, but only after the Senate confirms the nomination. At least one minister must come from each state (s.147(3)).People of Nigeria elects President of the Federal Republic of Nigeria. s.132–134: Voters elect the President every four years. To win outright, a candidate needs the most votes and at least a quarter of the votes cast in two-thirds of the states and the FCT.Olayemi CardosoOla OlukoyedeMusa Adamu AliyuJoash AmupitanHafsat Abubakar BakariAnthony OjukwuMohammed Bello ShehuVacant seatFemi GbajabiamilaHashimu Salihu ArgunguAyo Hulayat OmidiranBashir AbubakarShaakaa Kanyitor ChiraNasir Isa KwarraTunji OlaopaGeorge AkumeAdebowale AdedokunNuhu RibaduAbel Olumuyiwa EnitanNyesom WikeJoseph Olasunkanmi TegbeShuaibu Abubakar AuduDavid UmahiAyodele OlawandeAbubakar Atiku BaguduMuhammad Ali PateMuhammadu Maigari DingyadiAdegboyega OyetolaChristopher Gwabin MusaTaiwo OyedeleMuttaqa Rabe DarmaLateef Olasunkanmi FagbemiKingsley T. UdehFestus KeyamoJumoke OduwoleOlubunmi Tunji-OjoMaruf Tunji AlausaIdi Mukhtar MaihaBola Ahmed TinubuAbubakar KyariBalarabe Abbas LawalMohammed IdrisImaan Sulaiman-IbrahimBosun TijaniIbrahim GaidamOladele Henry AlakeZephaniah Bitrus JisaloSa'idu AlkaliBianca Odumegwu-OjukwuJoseph Terlumun UtsevHannatu Musa MusawaBernard M. DoroAbubakar MomohKudirat Kekere-EkunKudirat Kekere-EkunMonica Dongban-MensemJohn TsohoMainasara Umar KogoHussaini Ishaq MagajiAfiz Ogun OluwatoyinIfeanyi Chukwunonso OkekeNonye AyeniAisha RimiTunji BelloJUDICIALLEGISLATIVEEXECUTIVEFECNATIONAL ASSEMBLYPRESIDENCYFEDERAL BODIESMINISTRIESAbuja, Federal Capital TerritoryPeople of Nigeria
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