The National Chairman of the All Progressives Congress (APC), Prof. Nentawe Yilwatda, has commended the President Bola Tinubu administration’s strategic investments in entrepreneurship, small businesses, and youth empowerment as a demonstration that it is delivering tangible economic benefits to millions of Nigerians.

In a statement by his Special Adviser on Media and Information Strategy, Abimbola Tooki, Yilwatda 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.

However, he stated that the current administration has deliberately moved to address this challenge through targeted presidential intervention programmes that are unlocking Nigerians’ entrepreneurial potential.

According to him, “the Tinubu administration understands that sustainable economic growth begins with empowering the productive sector.

By supporting small businesses and young entrepreneurs, the government is laying the foundation for long-term prosperity and shared economic progress.”

Yilwatda highlighted the N75 billion Presidential Intervention Fund for MSMEs as a landmark initiative designed to provide accessible financing for small businesses across various sectors of the economy, adding that the programme is enabling entrepreneurs to expand their operations, increase productivity, and create employment opportunities.

He further described the N11 billion support package through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) as a strategic investment in strengthening the capacity and competitiveness of Nigerian small and medium enterprises.

The APC National Chairman also commended the N30 billion Youth Entrepreneurship Fund through the Niger Delta Development Commission (NDDC), saying the initiative reflects Tinubu’s commitment to equipping young Nigerians with the necessary resources 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, stating that, across the country, young entrepreneurs, artisans, farmers, traders, tailors, manufacturers, and other small business owners are accessing capital to expand their businesses, employ more people, and contribute to the economic development of their communities.