Tinubu’s intervention funds delivering economic benefits – Yilwatda

ABUJA — National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has said the intervention programmes of President Bola Tinubu’s administration are delivering tangible economic benefits to millions of Nigerians by supporting entrepreneurship, small businesses and youth empowerment.

Yilwatda said the Presidential Intervention Funds demonstrate the administration’s commitment to fulfilling its campaign promises under the Renewed Hope Agenda through strategic investments aimed at stimulating enterprise, creating jobs and expanding economic inclusion.

In a statement issued on Tuesday by his Special Adviser on Media and Information Strategy, Abimbola Tooki, the APC chairman noted that access to affordable financing had remained one of the biggest challenges facing Micro, Small and Medium Enterprises (MSMEs) despite their significant contribution to economic growth and employment.

According to him, the Tinubu administration has deliberately addressed the challenge through targeted intervention programmes designed to unlock 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,” he said.

Yilwatda highlighted the ₦75 billion Presidential Intervention Fund for MSMEs as a major initiative aimed at providing accessible financing to small businesses across different sectors of the economy.

He said the programme is enabling entrepreneurs to expand their operations, improve productivity and create employment opportunities.

The APC chairman also cited the ₦11 billion support package being implemented 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 it reflects the administration’s commitment to equipping young Nigerians with the resources needed to transform innovative ideas into successful businesses.

According to Yilwatda, the intervention programmes are already improving the livelihoods of young entrepreneurs, artisans, farmers, traders, tailors, manufacturers and other small business owners by providing access to capital for business expansion and job creation.

He added that the initiatives are also boosting local economies through increased productivity, higher household incomes 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, attract investment, strengthen local industries and build a resilient economy capable of delivering sustainable prosperity for Nigerians.