National Chairman of the All Progressives Congress, Nentawe Yilwatda, has said President Bola Ahmed Tinubu’s intervention programmes are delivering tangible economic benefits to millions of Nigerians through strategic investments in entrepreneurship, small businesses and youth empowerment.
Yilwatda, in a statement issued by his Special Adviser on Media and Information Strategy, Abimbola Tooki, said the Presidential Intervention Funds demonstrate the administration’s commitment to fulfilling its campaign promises by providing affordable financing to stimulate businesses, create jobs and promote economic inclusion.
He noted that lack of access to affordable credit had remained a major challenge for Micro, Small and Medium Enterprises, MSMEs, stressing that the current administration was addressing the problem through targeted intervention programmes.
“The Tinubu administration recognises that sustainable economic development starts with empowering the productive sector. By supporting small businesses and young entrepreneurs, the government is establishing a foundation for enduring prosperity and collective economic advancement.”
The APC National Chairman highlighted the N75 billion Presidential Intervention Fund for MSMEs, the N11 billion support package through the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, and the N30 billion Youth Entrepreneurship Fund of the Niger Delta Development Commission, NDDC, as major interventions boosting enterprise development.
According to him, the programmes are already enabling entrepreneurs, artisans, farmers, traders, manufacturers and other small business owners to expand their operations, create jobs and contribute to economic growth across the country.
Yilwatda said the interventions are also strengthening local economies by increasing productivity, improving household incomes and creating wider opportunities for wealth generation.
“The evidence is unmistakable. Businesses are receiving assistance, young individuals are being empowered, jobs are being generated, and economic inclusion is on the rise. This is governance that yields results, and it serves as further proof that President Bola Ahmed Tinubu is fulfilling his promises to the Nigerian populace.”
He reaffirmed the APC’s commitment to policies that encourage entrepreneurship, attract investment, strengthen local industries and build a resilient economy capable of delivering sustainable growth for Nigerians.
