By Patrick Wemambu
National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has said the intervention programmes of President Bola Tinubu’s administration are delivering tangible economic benefits to millions of Nigerians by supporting entrepreneurship, small businesses and youth empowerment.
He made the remarks in a statement issued on Tuesday by his Special Adviser on Media and Information Strategy, Abimbola Tooki, insisting that access to affordable financing had remained one of the biggest challenges facing Micro, Small and Medium Enterprises (MSMEs) despite their significant contribution to economic growth and employment.
Emphasizing that the Presidential Intervention Funds demonstrate the administration’s commitment to fulfilling its campaign promises, the national chairman asserted that the Tinubu administration has deliberately addressed challenges through targeted intervention programmes designed to unlock the entrepreneurial potential of Nigerians.
“The Tinubu administration understands that sustainable economic growth begins with empowering the productive sector. By supporting small businesses and young entrepreneurs, government is laying the foundation for long-term prosperity and shared economic progress,” he said.
Yilwatda highlighted the ₦75 billion Presidential Intervention Fund for MSMEs as a major initiative aimed at providing accessible financing to small businesses across different sectors of the economy.
The APC chairman also cited the ₦11 billion support package being implemented through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), describing it as a strategic investment to strengthen the capacity and competitiveness of small and medium-scale enterprises.
He further commended the ₦30 billion Youth Entrepreneurship Fund administered through the Niger Delta Development Commission (NDDC), saying it reflects the administration’s commitment to equipping young Nigerians with the resources needed to transform innovative ideas into successful businesses.
