Professor Nentawe Yilwatda, National Chairman of the All Progressives Congress (APC), praised President Bola Ahmed Tinubu’s intervention programmes as clear evidence that the Renewed Hope Agenda is producing measurable economic benefits for Nigerians.
He said the Presidential Intervention Funds illustrate the administration’s follow-through on campaign commitments by supplying vital finance that spurs enterprise, generates jobs, and expands economic inclusion nationwide.
In a statement released by his Special Adviser on Media and Information Strategy, Abimbola Tooki, Yilwatda emphasized that lack of affordable financing has long been a major barrier for Micro, Small and Medium Enterprises (MSMEs), despite their key role in growth and job creation.
He added that the current government has taken deliberate steps to tackle this problem through targeted interventions designed to unlock Nigerians’ entrepreneurial potential.
"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 stated.
Professor Yilwatda highlighted the ₦75 billion Presidential Intervention Fund for MSMEs as a landmark initiative designed to provide accessible financing for small businesses across various sectors of the economy. He said the programme is enabling entrepreneurs to expand their operations, increase productivity, and create employment opportunities.
He further pointed to the ₦11 billion support package through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), describing it as a strategic investment in strengthening the capacity and competitiveness of Nigerian small and medium enterprises.
The APC National Chairman also commended the ₦30 billion Youth Entrepreneurship Fund through the Niger Delta Development Commission (NDDC), noting that the initiative reflects President Tinubu's commitment to equipping young Nigerians with the resources required to transform innovative ideas into successful businesses and become drivers of national development.
Professor Yilwatda emphasized that these interventions are already making meaningful differences in the lives of ordinary Nigerians. Across the country, young entrepreneurs, artisans, farmers, traders, tailors, manufacturers, and other small business owners are accessing capital to expand their businesses, employ more people, and contribute to the economic development of their communities.
He explained that the impact extends 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," Professor Yilwatda said.
He 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.
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