National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has said President Bola Tinubu’s intervention programmes are demonstrating the impact of the Renewed Hope Agenda by delivering economic benefits to millions of Nigerians through strategic investments in entrepreneurship, small businesses and youth empowerment.
Yilwatda said the Presidential Intervention Funds reflect the Tinubu administration’s commitment to fulfilling its campaign promises by providing financial support aimed at boosting businesses, creating jobs and expanding economic inclusion across the country.
The APC chairman made the remarks in a statement issued on Monday by his Special Adviser on Media and Information Strategy, Abimbola Tooki.
According to him, limited access to affordable financing has remained one of the biggest challenges facing Micro, Small and Medium Enterprises (MSMEs), despite their critical role in driving economic growth and employment.
He said the current administration has deliberately introduced targeted intervention programmes to unlock the entrepreneurial potential of Nigerians.
“The Tinubu administration recognises that sustainable economic development starts with empowering the productive sector. By supporting small businesses and young entrepreneurs, the government is laying the foundation for lasting prosperity and inclusive economic growth,” Yilwatda said.
He highlighted the N75 billion Presidential Intervention Fund for MSMEs as a major initiative designed to provide accessible financing for small businesses across key sectors of the economy, noting that the programme is enabling entrepreneurs to expand operations, improve productivity and create jobs.
Yilwatda also commended the N11 billion support package disbursed 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 businesses.
The APC chairman further praised the N30 billion Youth Entrepreneurship Fund administered by the Niger Delta Development Commission (NDDC), saying it underscores President Tinubu’s commitment to equipping young Nigerians with the resources needed to transform innovative ideas into successful businesses.
According to him, the intervention programmes are already making a tangible impact, with young entrepreneurs, artisans, farmers, traders, manufacturers and other small business owners gaining access to capital to expand their enterprises, create employment and contribute to economic development.
He said the initiatives are also generating broader economic benefits through increased productivity, higher household incomes, stronger local economies and expanded wealth creation opportunities.
Yilwatda reaffirmed the APC’s commitment to policies that promote entrepreneurship, attract investment, strengthen local industries and build a resilient economy capable of delivering sustainable growth.
He added that the intervention funds represent concrete investments in the aspirations of millions of Nigerians and evidence that the Tinubu administration is implementing policies aimed at improving livelihoods and expanding economic opportunities.
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