President Bola Ahmed Tinubu has said the Federal Government is investing in shared infrastructure to help Micro, Small and Medium Enterprises (MSMEs) expand their businesses without bearing the full cost of acquiring industrial equipment and production facilities. Tinubu disclosed this in a post on X on Monday, saying 21 shared……
President Bola Ahmed Tinubu has said the Federal Government is investing in shared infrastructure to help Micro, Small and Medium Enterprises (MSMEs) expand their businesses without bearing the full cost of acquiring industrial equipment and production facilities.
Tinubu disclosed this in a post on X on Monday, saying 21 shared facilities across 19 states and the Federal Capital Territory are currently supporting businesses and an estimated 650,000 jobs.
The figure is consistent with a June 2026 statement by Vice President Kashim Shettima on the administration’s shared infrastructure facilities.
The President said the initiative is being implemented through the National MSME Clinics under his administration’s Renewed Hope agenda.
“A tailor should not need millions of naira to buy industrial machinery before she can grow her business. A food processor should not have to build a factory before producing at scale,” Tinubu said.
He explained that the shared MSME hubs are designed to provide entrepreneurs with access to modern equipment, reliable power and production facilities without requiring individual businesses to shoulder the full cost.
“That is why the Federal Government, under our Renewed Hope administration, is investing in shared MSME hubs through our National MSME Clinics, giving entrepreneurs access to modern equipment, reliable power and production facilities without carrying the full cost alone,” he said.
Tinubu said the facilities currently operating across the country are helping businesses increase their productive capacity while creating employment opportunities.
“Today, 21 shared facilities across 19 states and the FCT are supporting businesses and an estimated 650,000 jobs,” he stated.
The President said Nigerian entrepreneurs have the ideas, skills and ambition required to build successful businesses but are often constrained by inadequate access to tools and infrastructure.
“Nigerians do not lack ideas, skill or ambition. Too often, they lack access to the tools and infrastructure needed to turn them into successful businesses,” Tinubu said.
“Our job is to remove those barriers,” he added.
According to the President, improved access to shared infrastructure can enable small businesses to produce more at lower costs, strengthen their competitiveness and expand their workforce.
“When small businesses can produce more, at lower cost, they become more competitive. They grow. They employ more people. They create income and opportunity for Nigerian families,” he said.
Tinubu said providing Nigerian businesses with the necessary tools and infrastructure remains part of the Federal Government’s broader effort to expand economic opportunities.
“Giving Nigerian enterprise the tools to succeed is how we build prosperity from the ground up,” the President said.
“That is the Nigeria we are building,” he added.
The Federal Government has also continued to expand other MSME and entrepreneurship support initiatives. In September, Tinubu welcomed the construction of a $12 million Abuja Centre for Entrepreneurship, which is expected to provide workspaces, technology, training, incubation and enterprise support to entrepreneurs and MSMEs.
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