Tinubu has kept his promise to Nigerians- APC Chairman, Yilwatda

The National Chairman of the All Progressives Congress, APC, Professor Nentawe Yilwatda, has stated that the intervention programs initiated by President Bola Ahmed Tinubu’s administration are consistently proving that the Renewed Hope Agenda is yielding significant economic advantages for millions of Nigerians through strategic investments in entrepreneurship, small enterprises, and youth empowerment.

Professor Yilwatda indicated that the Presidential Intervention Funds serve as another illustration of the Tinubu administration’s commitment to fulfilling its campaign pledges by offering essential financial assistance necessary to stimulate business activities, generate employment, and enhance economic inclusion nationwide.

In a statement released by his Special Adviser on Media and Information Strategy, Abimbola Tooki, the National Chairman emphasised that for many years, access to affordable financing has been one of the primary challenges faced by Micro, Small, and Medium Enterprises (MSMEs), despite their substantial role in driving national economic growth and job creation.

He remarked that the current administration has intentionally sought to tackle this issue through focused intervention programs aimed at unlocking the entrepreneurial capabilities 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 establishing a foundation for enduring prosperity and collective economic advancement,” he asserted.

Professor Yilwatda underscored the N75 billion Presidential Intervention Fund for MSMEs as a significant initiative aimed at providing accessible financing for small businesses across diverse sectors of the economy. He noted that this program is enabling entrepreneurs to broaden their operations, enhance productivity, and generate job opportunities.

He further highlighted the N11 billion support package provided through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), characterizing it as a strategic investment aimed at enhancing the capacity and competitiveness of small and medium enterprises in Nigeria.

The APC National Chairman also praised the N30 billion Youth Entrepreneurship Fund facilitated by the Niger Delta Development Commission, NDDC, emphasizing that this initiative embodies President Tinubu’s dedication to equipping young Nigerians with the necessary resources to turn innovative ideas into thriving businesses and to serve as catalysts for national development.

Professor Yilwatda underscored that these initiatives are already effecting significant changes in the lives of everyday Nigerians. Throughout the nation, young entrepreneurs, artisans, farmers, traders, tailors, manufacturers, and various small business owners are gaining access to capital, enabling them to grow their enterprises, create additional jobs, and contribute to the economic advancement of their communities.

He elaborated that the impact of these initiatives transcends individual beneficiaries, generating a multiplier effect characterized by increased productivity, elevated household incomes, more robust local economies, and broader opportunities for wealth generation.

“The APC is steadfast in its commitment to fostering an economy that benefits all Nigerians. These intervention funds are not simply policy declarations; they represent tangible investments in the dreams and aspirations of millions of our citizens.

“The evidence is unmistakable. Businesses are receiving assistance, young individuals are being empowered, jobs are being generated, and economic inclusion is on the rise. This is governance that yields results, and it serves as further proof that President Bola Ahmed Tinubu is fulfilling his promises to the Nigerian populace,” Professor Yilwatda stated.

He reiterated the APC’s and the Tinubu administration’s commitment to enacting policies that encourage entrepreneurship, stimulate investment, bolster local industries, and cultivate a resilient economy capable of delivering sustainable growth.

Tinubu has kept his promise to Nigerians- APC Chairman, Yilwatda