Nigeria's Tinubu Intervention Funds Support Small Businesses, Says APC Chair
APC National Chairman Prof Nentawe Yilwatda said President Bola Tinubu’s intervention programmes under the Renewed Hope Agenda are delivering economic benefits by expanding financing for entrepreneurs, small businesses and young owners. He highlighted three key initiatives: a N75 billion Presidential Intervention Fund for micro, small and medium enterprises, an N11 billion support package through the Small and Medium Enterprises Development Agency, and a N30 billion Youth Entrepreneurship Fund managed by the Niger Delta Development Commission.
According to Yilwatda, the funds are helping artisans, farmers, traders, manufacturers and tailors to expand operations, create jobs and raise household incomes, which in turn boosts productivity and strengthens local economies across Nigeria.