National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has said President Bola Ahmed Tinubu’s intervention funds are proof that the administration is fulfilling its campaign promises by empowering businesses, creating jobs and expanding economic opportunities for millions of Nigerians.
Yilwatda stated this in a press statement issued on Wednesday by his Special Adviser on Media and Information Strategy, Abimbola Tooki, where he said the intervention programmes under the Renewed Hope Agenda are delivering tangible economic benefits through strategic investments in entrepreneurship, Micro, Small and Medium Enterprises (MSMEs) and youth empowerment.
According to him, one of the biggest challenges facing MSMEs over the years has been limited access to affordable financing, despite the sector’s critical role in economic growth and employment generation. He said the Tinubu administration had deliberately introduced targeted intervention programmes to unlock the entrepreneurial potential of Nigerians and stimulate sustainable economic development.
“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.
The APC National Chairman highlighted the ₦75 billion Presidential Intervention Fund for MSMEs as a major initiative aimed at providing accessible financing to small businesses across key sectors of the economy. He said the programme is enabling entrepreneurs to expand their operations, improve productivity and create employment opportunities.
He also commended the ₦11 billion support package being implemented through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), describing it as a strategic investment designed to strengthen the capacity and competitiveness of Nigerian small businesses.
Yilwatda further praised the ₦30 billion Youth Entrepreneurship Fund being implemented through the Niger Delta Development Commission (NDDC), saying it demonstrates President Tinubu’s commitment to equipping young Nigerians with the financial support needed to transform innovative ideas into thriving businesses.
He noted that the intervention programmes are already making significant impacts across the country, with young entrepreneurs, artisans, farmers, traders, tailors, manufacturers and other small business owners gaining access to capital to expand their businesses, employ more workers and contribute to economic growth within their communities.
According to him, the benefits of the initiatives extend beyond individual beneficiaries, creating a multiplier effect through increased productivity, higher household incomes, stronger local economies and expanded opportunities for wealth creation.
“The APC remains committed to building an economy that works for all Nigerians. These intervention funds are not mere policy announcements; they are practical investments in the dreams and aspirations of millions of our people.
“The evidence is clear. Businesses are receiving support, young people are being empowered, jobs are being created, and economic inclusion is expanding. This is governance that delivers results, and it is another demonstration that President Bola Ahmed Tinubu is keeping his promises to the Nigerian people,” he said.
Yilwatda reaffirmed the commitment of the APC and the Tinubu administration to implementing policies that promote entrepreneurship, stimulate investment, strengthen local industries and build a resilient economy capable of delivering sustainable prosperity for all Nigerians.
