Nigerian Government creates 240k jobs, supports 10 MSMEs Hubs

Haruna Yakubu Haruna

The President Bola Tinubu-led federal government has created more than 240,000 direct jobs by building the capacity of Micro, Small, and Medium Enterprises (MSMEs) for which it has so far launched 10 MSME hubs.

Special Adviser to the President on Public Communications and Media, Sunday Dare revealed this in a series of tweets on his X account with which he launched a platform, “Tinubu Reforms Tracker (TRT)”.

TRT in 13 sectoral areas focuses on gains, expected outcomes, and impacts. Each of the government’s ongoing initiatives is examined for its potential, and results in immediate, short-term, mid-term and long-term gains.

Dare said “The Reforms Introduced by President Tinubu cover several critical areas. Some of them have started bearing fruits progressively. Under the Tinubu Reforms Tracker, TRT, selected sectors will be examined and the progress made in terms of initial impact revealed. President Tinubu is committed to delivering on these reforms in time for the benefit of Nigerians.”

Dare shared an e-flier with the tag, “Positive Notes from President Tinubu’s Job Creation & MSME Reforms”, indicating that under the government, “Ten (10) MSME Hubs (that have been) launched so far that have created 240,400 direct Jobs.

“N50BN discounted credit Facility for MSMEs implemented by Access Bank, N150,000 instant grants for 3 outstanding MSMEs during the National MSME Clinics, Cars and House given to MSMEs during the 2024 MSME Awards, N75BN single-digit MSME loan scheme being implemented by the Bank of Industry, Casual jobs scheme projected to create 2100 jobs per state across 10 SME Clusters, Syndicated N198BN Derisking Fund for MSMEs; A single-digit credit facility for MSMEs to be implemented by the 1st quarter of 2025.”

Dare tweeted, “The Reforms Introduced by President Tinubu cover several critical areas. Some of them have started bearing fruits progressively. Under the Tinubu Reforms Tracker, TRT, selected sectors will be examined and the progress made in terms of initial impact revealed.”

He noted that President Tinubu is committed to delivering on these reforms in time for the benefit of Nigerians.

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