Nigeria, Feb. 21 -- Nigeria's industrial sector is at a critical juncture, and failure to revive it will deepen economic stagnation, former Minister of Industry, Trade and Investment, Olusegun Aganga, has warned.

On Thursday, at the inauguration of the Industrial Revolution Work Group (IRWG) in Abuja, he said the country's manufacturing decline had been driven by outdated policies, infrastructure deficits, and global competition, leaving key industries struggling.

"For decades, Nigeria has suffered from industrial stagnation due to outdated policies, infrastructural decay, and global competition," he said. "But today is not a day to dwell on past failures-it is a day to embrace a new future."

Mr Aganga described the revitalisation of t...