The National Chairman of the All Progressives Congress, Prof Nentawe Yilwatda, has said the intervention programmes introduced by the administration of President Bola Tinubu are expanding access to finance for entrepreneurs, supporting small businesses and promoting youth empowerment.
In a statement issued on Tuesday by his Special Adviser on Media and Information Strategy, Abimbola Tooki, the national chairman said the intervention funds demonstrated the administration’s commitment to fulfilling its campaign promises under the Renewed Hope Agenda.
According to him, access to affordable financing has remained one of the biggest constraints facing micro, small and medium-sized enterprises, despite their role in job creation and economic growth.
He said the Federal Government had introduced targeted funding initiatives to address the challenge and stimulate enterprise development across the country.
Yilwatda cited the N75bn Presidential Intervention Fund for MSMEs as one of the programmes aimed at providing accessible financing for small businesses to expand operations and create employment.
