Professor Nentawe Yilwatda, national chairman of the All Progressives Congress (APC), has said that the intervention programs launched by President Bola Ahmed Tinubu’s administration are demonstrating time and time again that the Renewed Hope Agenda is investing strategically in youth empowerment, small businesses, and entrepreneurship, and that this is resulting in substantial economic benefits for millions of Nigerians.
An additional example of the Tinubu administration’s dedication to fulfilling its campaign promises, according to Professor Yilwatda, is the Presidential Intervention Funds, which provide crucial financial aid to boost economic activity, create jobs, and increase economic inclusion across the country.
Despite playing a significant role in driving national economic growth and job creation, Micro, Small, and Medium Enterprises (MSMEs) have long struggled to access affordable financing, according to a statement released by his Special Adviser on Media and Information Strategy, Abimbola Tooki, the National Chairman.
He made the observation that the present government has made an effort to address this matter by implementing targeted intervention programs that aim to unleash the entrepreneurial potential of Nigerians.
The productive sector must be empowered for sustainable economic development to begin, and the Tinubu administration acknowledges this. He insisted that the government was laying the groundwork for long-term success and economic progress by bolstering small companies and young entrepreneurs.
A major effort to make capital available to small companies in a variety of industries, Professor Yilwatda highlighted the N75 billion Presidential Intervention Fund for MSMEs.
He made the point that business owners are able to increase their businesses’ reach, productivity, and employment prospects with this program.