News Update

10/recent/ticker-posts

Header Ads Widget

Nigerians React As ‘’Remi Tinubu’’ Speaks On Small Business Support & Grants.

The First Lady of Nigeria, Senator Oluremi Tinubu, has advised low-income Nigerians to consider starting small-scale businesses, noting that ventures such as akara frying, roasted corn selling, and kuli-kuli production require relatively little startup capital.


Speaking on the government’s support initiatives for small businesses, she explained that the administration has focused on providing grants rather than loans to help citizens get started.

“To start an akara business doesn’t take a lot of money. To start roasting corn or kuli-kuli doesn’t take much. We didn’t give them a loan, we gave them a grant. We have encouraged Nigerians as best as we could. I also gave to several others,” she said.

The First Lady further disclosed that more than ₦3 billion has been disbursed in support of economic empowerment programs aimed at assisting vulnerable Nigerians.

However, her remarks have sparked widespread criticism on social media platform X, where many users expressed frustration over the statement. Critics argued that the comments do not reflect the current economic realities in the country, with several pointing out that many small businesses struggle to survive due to inflation, high costs, and limited purchasing power.

Post a Comment

0 Comments