The National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has said the intervention programmes introduced by the administration of Bola Ahmed Tinubu are delivering tangible economic benefits by supporting entrepreneurship, small businesses and youth empowerment across the country.
In a statement issued on Tuesday by his Special Adviser on Media and Information Strategy, Abimbola Tooki, Yilwatda said the Presidential Intervention Funds demonstrate the administration’s commitment to fulfilling its campaign promises through strategic investments aimed at stimulating enterprise, creating jobs and expanding economic inclusion.
He noted that inadequate access to affordable financing had long constrained the growth of Micro, Small and Medium Enterprises (MSMEs), despite their significant contribution to economic growth and employment. According to him, the current administration has introduced targeted intervention programmes to address the challenge and unlock the entrepreneurial potential of Nigerians.
Yilwatda said the administration believes sustainable economic growth depends on empowering the productive sector, adding that support for small businesses and young entrepreneurs would lay the foundation for long-term prosperity.
He highlighted the ₦75 billion Presidential Intervention Fund for MSMEs as a key initiative designed to provide accessible financing for businesses across different sectors of the economy. He also cited the ₦11 billion support package through the Small and Medium Enterprises Development Agency of Nigeria, describing it as a strategic investment to improve the competitiveness of small and medium enterprises.
The APC chairman further commended the ₦30 billion Youth Entrepreneurship Fund implemented through the Niger Delta Development Commission, saying the programme reflects the Federal Government’s commitment to equipping young Nigerians with the resources needed to establish and grow successful businesses.
According to Yilwatda, the intervention programmes are already benefiting entrepreneurs, artisans, farmers, traders, tailors, manufacturers and other small business owners by providing access to capital for business expansion, job creation and increased productivity.
He added that the initiatives are expected to generate wider economic benefits through higher household incomes, stronger local economies and expanded opportunities for wealth creation.
The APC chairman reaffirmed the party’s commitment to supporting policies that promote entrepreneurship, attract investment, strengthen local industries and build a resilient economy capable of delivering sustainable prosperity for Nigerians.
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