“Promise Kept”: APC Chairman Yilwatda Hails Tinubu’s ₦116bn Intervention Funds for MSMEs, Youths

The National Chairman of the All Progressives Congress, APC, Professor Nentawe Yilwatda, has hailed President Bola Ahmed Tinubu’s intervention programmes as proof that the Renewed Hope Agenda is delivering “tangible economic benefits” to millions of Nigerians.

In a statement issued Thursday by his Special Adviser on Media and Information Strategy, Abimbola Tooki, Yilwatda said the Presidential Intervention Funds represented the administration fulfilling its campaign promises by investing in entrepreneurship, small businesses, and youth empowerment.

—“Empowering the productive sector”—

“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 stated.

He noted that for decades, access to affordable financing has been the biggest obstacle for MSMEs, despite their contribution to growth and jobs. The current administration, he said, is deliberately tackling that gap.

—The funds in focus–

The APC Chairman highlighted 3 key intervention packages:

1. ₦75 billion Presidential Intervention Fund for MSMEs – designed to provide accessible financing for small businesses across sectors to expand operations, increase productivity and create jobs.

2. ₦11 billion support package through SMEDAN – described as a strategic investment to strengthen the capacity and competitiveness of Nigerian small and medium enterprises.

3. ₦30 billion Youth Entrepreneurship Fund through NDDC – aimed at equipping young Nigerians with resources to turn innovative ideas into successful businesses.

—Impact on the ground—

Yilwatda said the interventions are already making a difference. Across the country, young entrepreneurs, artisans, farmers, traders, tailors, and manufacturers* are accessing capital to expand, employ more people, and grow local economies.

“The impact extends beyond individual beneficiaries, creating a multiplier effect through increased productivity, higher household incomes, stronger local economies, and expanded opportunities for wealth creation,” he explained.

“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 reaffirmed APC’s commitment to policies that promote entrepreneurship, stimulate investment, strengthen local industries, and build a resilient economy.

The statement containing the national chairman’s positiobs was signed by Abimbola Tooki, his Special Adviser on Media and Information Strategy.