Tinubu's Intervention Funds Fulfilling Campaign Promises, Says APC Chairman


By Aviashima Toom, Abuja

The National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has said the intervention programmes introduced by the administration of President Bola Ahmed Tinubu are fulfilling campaign promises by expanding access to finance for small businesses and empowering young entrepreneurs across the country.

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 stimulating enterprise, creating jobs, and promoting economic inclusion.

According to him, inadequate access to affordable financing has remained a major challenge for Micro, Small and Medium Enterprises (MSMEs), despite their significant contributions to Nigeria's economy and employment generation.

 He said the Federal Government has responded with targeted intervention programmes aimed at unlocking 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," Yilwatda said.

He highlighted the ₦75 billion Presidential Intervention Fund for MSMEs as a key initiative designed to provide accessible financing for businesses across various sectors, enabling entrepreneurs to expand operations, improve productivity, and create employment.

The APC chairman also pointed to the ₦11 billion support package 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 the initiative reflects President Tinubu's commitment to equipping young Nigerians with the resources needed to transform innovative ideas into sustainable businesses.

Yilwatda said the intervention programmes are already benefiting entrepreneurs, artisans, farmers, traders, manufacturers, and other small business owners by providing access to capital to grow their businesses and create jobs.

He maintained that the initiatives would also deliver broader economic gains through increased productivity, higher household incomes, stronger local economies, and expanded opportunities for wealth creation.

The APC chairman reaffirmed the commitment of the party and the Tinubu administration to implementing policies that promote entrepreneurship, encourage investment, strengthen local industries, and build a resilient economy capable of delivering sustainable prosperity for Nigerians.

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