Presidency Defends First Lady's Small Business Advice

The Nigerian Presidency defended the First Lady's recent advice encouraging Nigerians to explore small business opportunities as a means to earn a living amid economic challenges. Special Adviser to the President on Media and Public Communication, Seun Okinbaloy, highlighted that even Africa's richest man, Aliko Dangote, started as a trader.

The First Lady's message aimed to inspire Nigerians to develop entrepreneurial skills, referencing her own background where her mother sold akara and bananas in Plateau State. Senator Remi Tinubu, during an event with the wives of 36 state governors in Abuja, explained that the support for small businesses would come in the form of grants rather than loans, allowing beneficiaries to establish businesses without the pressure of repayment.

She clarified that starting a business like selling akara or roasting corn does not require significant capital, aiming to offer hope and promote self-reliance among Nigerians.