Renewed Hope: Tinubu Has Delivered On His Promise Through Intervention Funds, Says Yilwatda

According to a statement issued on Tuesday by his Special Adviser on Media and Information Strategy, Abimbola Tooki, Yilwatda said the administration’s investments in entrepreneurship, small businesses, and youth empowerment programmes were direct fulfilments of promises made to Nigerians.

The APC chairman noted that limited access to affordable financing has remained one of the biggest challenges confronting Micro, Small, and Medium Enterprises (MSMEs), despite their significant role in driving economic growth and employment opportunities.

He stated that the Tinubu administration was deliberately addressing the challenge by providing financial support aimed at strengthening businesses and encouraging sustainable economic development.

“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,” Yilwatda said.

Highlighting some of the intervention measures, the APC chairman pointed to the ₦75 billion Presidential Intervention Fund for MSMEs, describing it as a major initiative designed to increase productivity and create expansion opportunities for small-scale businesses across different sectors.

He also referenced the ₦11 billion support programme implemented through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), which he said would improve the competitiveness of local enterprises.

Yilwatda further commended the ₦30 billion Youth Entrepreneurship Fund managed through the Niger Delta Development Commission (NDDC), noting that the initiative aligns with the President’s vision of turning innovative ideas from young Nigerians into thriving businesses.

The APC leader stressed that the impact of the intervention funds extends beyond official figures, as they are already transforming the economic conditions of citizens across the country.

He explained that entrepreneurs, artisans, farmers, traders, manufacturers, and other small business owners are gaining access to capital needed to expand their operations, create employment opportunities, and contribute to the growth of their communities.

According to him, the funding initiatives would generate a multiplier effect by increasing household incomes, strengthening local economies, and promoting wider wealth creation.

Yilwatda reaffirmed the APC’s commitment to building an inclusive economy, insisting that the intervention programmes are not merely government announcements but practical investments aimed at improving the lives of Nigerians.

He added that the administration’s efforts show that businesses are receiving support, young people are being empowered, jobs are being created, and economic opportunities are expanding nationwide.