Nigeria’s Industrial Future at Risk, BAVCCA Warns as It Backs Dangote

The Bloggers and Vloggers, Content Creators Association in Nigeria (BAVCCA) has expressed strong support for Africa’s leading industrialist, Aliko Dangote, over his recent warning on the dangers of rising imports and soaring energy costs to Nigeria’s economy.

In a statement issued in Abuja on Thursday, February 19, 2026, BAVCCA President, Ikechukwu Chukwunyere, said Dangote’s concerns were timely and aligned with the objectives of the Nigeria Industrial Policy (NIP) 2025 recently unveiled by the Federal Government of Nigeria.

Comrade Chukwunyere noted that Nigeria’s growing dependence on imported goods continues to weaken local industries, leading to job losses and economic instability.

According to him, the influx of dumped foreign products is undermining domestic manufacturers already struggling with high interest rates of between 25 and 30 per cent, poor infrastructure, and rising production costs.

He endorsed Dangote’s call for balanced tariff policies that would discourage dumping without imposing outright bans. The group said such measures would empower Nigerian entrepreneurs, strengthen local production, stabilize the naira, curb inflation, and reduce pressure on public resources.

The association President also raised concern over the country’s persistent power challenges, describing unreliable electricity supply as a major setback to industrial expansion. It explained that many manufacturers are forced to rely on diesel generators and captive power plants, often at costs higher than their core production expenses.

To address the problem, BAVCCA boss proposed a dedicated national retreat focused solely on resolving electricity supply issues. The group said reliable power remains central to industrial growth and is consistent with the NIP 2025’s emphasis on infrastructure development, competitiveness, and value-chain integration.

Speaking on the wider implications, Comrade Chukwunyere said the challenges facing manufacturers also affect livelihoods, communities, and the creative economy. It stressed that a vibrant industrial sector would generate more jobs for young Nigerians, reduce poverty, and strengthen platforms for promoting local innovation and resilience.

While commending the Federal Government for its focus on strategic sectors, MSME integration, and skills development under the NIP 2025, he warned that policies must be matched with deliberate protection of domestic industries to achieve tangible results such as new factories, expanded exports, and increased local value retention.

BAVCCA President called on the government, private sector, and civil society to work together to implement reforms without delay, insisting that addressing import pressures and energy bottlenecks would position Nigeria as a leading industrial hub in Africa.