News
FG creates 240k jobs, supports 10 MSMEs Hubs
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.
Foreign news
Algeria’s Glorious Revolution: Embassy Marks 72nd Anniversary in Abuja
Joel Ajayi
The Embassy of Algeria in Nigeria has commemorated the 72nd anniversary of the country’s Glorious Revolution of November 1, 1954, with a reception in Abuja, highlighting Algeria’s liberation struggle and strengthening diplomatic relations with Nigeria.
The event, held on November 9, 2026, at Continental Suites Hotel, attracted prominent personalities, including the Speaker of the House of Representatives, Dr Tajudeen Abbas, members of the Federal Government, senior government officials, heads of diplomatic missions and other friends of Algeria.
Speaking at the reception, Algeria’s Ambassador to Nigeria, Hocine Mezoued, welcomed guests and paid tribute to the country’s freedom fighters who sacrificed their lives during the struggle for independence.
He described the November 1, 1954 revolution as the foundation of modern Algeria, noting that the sacrifices of the nation’s martyrs made it possible for the country to reclaim its sovereignty.
On Algeria’s development agenda, Mezoued said President Abdelmadjid Tebboune’s administration had continued to pursue economic reforms, diversification and national development under its New Algeria vision.
He noted that the country was recording progress in non-hydrocarbon exports, while improvements in the business environment had boosted investor confidence and attracted significant foreign investments.
On foreign policy, the ambassador reaffirmed Algeria’s commitment to non-interference, respect for national sovereignty, peaceful conflict resolution and the right of peoples to self-determination.
Addressing security challenges in the Sahel, he stressed that lasting peace could not be achieved through military measures alone, insisting that economic development, inclusive dialogue and peaceful resolution of disputes remained essential.
Turning to Nigeria-Algeria relations, Mezoued described the partnership as one founded on shared values and the commitment of both countries’ leaders to advancing African development.
He identified the Trans-Saharan Highway, Trans-Saharan Gas Pipeline and Trans-Saharan Fibre Optic Backbone as major strategic projects receiving attention from both countries.
The ambassador also disclosed that Algeria had continued to provide scholarships to Nigerian students to strengthen human capital development and capacity building.
He further announced that Air Algérie expanded its Nigerian operations on October 26, 2026, with the introduction of two weekly flights to Lagos, expressing confidence that the service would boost trade and tourism.
Looking ahead, Mezoued said 2027 would offer fresh opportunities to deepen bilateral cooperation, particularly through the fifth Joint High Bi-National Commission scheduled to hold in Abuja.
He expressed optimism that the meeting would provide an opportunity to assess existing partnerships, identify new areas of cooperation and move Nigeria-Algeria relations towards a more practical and results-driven phase.
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