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JUST IN: The Reality is That Some Poor Nigerians Only Need a Token to Start Business and Get it Right- Mumuni

According to a report by Vanguard on Sunday, June 28, 2026, a chieftain of the All Progressives Congress, Abayomi Nurain Mumuni, has defended the First Lady, Oluremi Tinubu, over public criticism trailing her advice that Nigerians should consider small-scale ventures such as akara frying and roasted corn selling as a pathway to financial stability.

Mumuni said the remarks had been widely misinterpreted and were never intended to trivialise the country’s economic difficulties or limit the ambitions of women and low-income families. He maintained that the message was centered on promoting self-reliance through accessible forms of entrepreneurship that require little start-up capital.

According to him, many Nigerians living under economic pressure could begin viable businesses with relatively modest funding, noting that in some cases an initial capital of about ₦50,000 to ₦100,000 could be enough to set up small but sustainable ventures capable of generating steady income..CONTINUE FULL READING>>>