The intervention funds by President Bola Tinubu, through strategic investments in entrepreneurship, small businesses, and youth empowerment, have been described as a promise kept.
National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, stated this in a release, on Wednesday, by his Special Adviser (Media and Information Strategy), Abimbola Tooki.
Yilwatda added that the intervention funds have continued to demonstrate that the Renewed Hope Agenda was delivering tangible economic benefits to millions of Nigerians.
Essence of the intervention funds
According to him, the Presidential Intervention Funds represented yet another example of the Tinubu administration fulfilling its campaign promises by providing the critical financial support needed to stimulate enterprise, create jobs, and deepen economic inclusion across the country.
The APC National Chairman noted that, for decades, access to affordable financing remained one of the biggest obstacles confronting Micro, Small and Medium Enterprises (MSMEs), despite their enormous contribution to national economic growth and employment generation.
The current administration, he said, has deliberately moved to address the challenge through targeted intervention programmes that were unlocking 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 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 has been enabling entrepreneurs to expand their operations, increase productivity, and create employment opportunities.
He 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).
He noted 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.
Yilwatda emphasised that these interventions were 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 were accessing capital to expand their businesses, employ more people, and contribute to the economic development of their communities.
He explained that the impact extended 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.
