I would say it depends and could be one of those questions you don’t trust the Internet to answer. With the caveat I’ll happily add my bit of wisdom. If it’s filled with white and relatively new, sure try to relieve it.

1. try to see if there’s a pore clogged, do some gentle squeezing around it and see if you can find the offending pore. Also note if the bump is squishy or hard. If it’s full of fluid it might squirt right out along with a hair follicle or solidified oil
2. If you find a pore but can’t squeeze anything out, sterilize a needle (wipe with rubbing alcohol and let it air dry) and try to clean out the pore if you can
3. If you’re really stuck you could try to puncture the skin with the needle, but draining a cyst this way will likely only help temporarily and it will grow back
4. If it’s too large and/or full of “hard cheese” you may need to surgically remove it, meaning cut it open with a scalpel, drain the cyst, remove the sac, and close it back up. I would not advise doing this on your own, particularly on your face/nose and if you try this and fail to remove the sac it will potentially get infected and likely grow back soon anyway

Also, I am not a doctor and this is my opinion