Premiumtimesng iconPremiumtimesngOct 1, 2026 ~7 min source read

Tinubu makes jobs and industrial growth the centrepiece of Nigeria’s next economic phase

President Bola Tinubu says his administration will move from reforms to an “age of prosperity,” placing jobs, enterprise and industrial growth at the heart of government policy.

Tinubu to prioritise jobs, industrial growth in Nigeria’s new prosperity era

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Tinubu announced a policy pivot that puts jobs, enterprise and industrial growth at the centre of economic policy.

The government is urging the financial sector to support production and job creation rather than limiting activity to traditional intermediation.

Recent signals linked to the announcement include a $12 million Abuja Entrepreneurship Centre and reported GDP growth above 4% in 2026.

The useful part

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  • Stay Ahead with Premium Times Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.
  • Add as a preferred source on Google He said the government would use Nigeria's gas resources to power new industries and support businesses working to revive factories in the country's industrial centres.
  • We will support businesses that work to bring factories back to life in our great industrial centres," Mr Tinubu said.
  • "Some Nigerian families still struggle today for the next meal, the next school fee, the next medical bill, or simply enough money to get to work," he said.
  • Survivors recount how 37 mining suspects died in NSCDC custody Mambilla:

What to take from it

Millions of young Nigerians enter adulthood every year with talent, energy and ambition. "Our responsibility is to ensure that this great demographic strength becomes an engine of production rather than a source of despair," the president said. Support for businesses Mr Tinubu said the government would support businesses, revive industries, expand digital connectivity, and invest in skills employers need.

Example or evidence

  • I want young Nigerians building unicorns and creating opportunities for others here at home," he said.
  • The president said the government's long-term objective was not simply to expand social assistance but to build an economy capable of creating productive opportunities and lifting people out of poverty.
  • Why students should learn to export, By Kabir Abdulsalam Tinubu and his incredible ministers, By Azu Ishiekwene An open letter to a DISTRESSED PRIEST, By Wole Soyinka Africa cannot build a borderless...
  • Digital investment The president also promised greater digital connectivity and investment in skills, infrastructure and finance to support Nigerian businesses.

Details worth keeping

Oil companies violate Nigerian laws, flare gas, face no sanctions (1) Business News Reports Financial Inclusion Analysis and Data Business Specials Trade Insights Opinion Oil/Gas Reports FAAC Reports Revenue Opinion All Analysis Columns Contributors Editorial Reflections: Encounter with Justice Egbert Udo Udoma, By Sam Akpe Nigeria at 66: by Omotoyosi Idowu October 1, 2026 Reading Time: 3 mins read 0 Add us on Google President Bola Tinubu has said his administration will place jobs, enterprise and industrial growth at the centre of Nigeria's next phase of economic policy.

Related coverage

  • Pmnewsnigeria: President Tinubu expressed confidence that Nigeria could build an economy that produces and exports more, creates greater value domestically, develops globally competitive industries and equips young...
  • Pmnewsnigeria: The governor acknowledged economic challenges facing Nigerians but said the Tinubu administration's reforms offered reasons for optimism.
  • Premiumtimesng: The Nigerian leader challenged the banking and financial services sector to move beyond traditional financial intermediation and play a greater role in financing businesses, production, and job creation,...
  • Premiumtimesng: According to the president, the oil and non-oil sectors contributed to the growth, with improved foreign exchange stability, lower inflation, and stronger non-oil exports.

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