Tinubu approves N200bn grant to small businesses, industrialists

President Bola Ahmed Tinubu has reaffirmed his administration’s strong resolve to address the critical hurdles confronting small businesses and manufacturers in Nigeria by approving a ₦200 billion injection structured for grants and financing support.Acknowledging the immense pressures business owners face from raising capital and buying equipment to keeping up with worker payrolls, the President emphasized that active government intervention remains essential to sustaining the backbone of the nation’s economy.