The National Chairman of the ruling All Progressives Congress, Professor Nentawe Yilwatda, has assured Nigerians that the ongoing economic reforms of President Bola Ahmed Tinubu will lead to sustainable prosperity and long-term national development.
In a statement issued in Abuja and signed by his Special Adviser on Media and Information Strategy, Abimbola Tooki, Yilwatda said the reforms introduced under the Tinubu administration were beginning to yield measurable results despite the economic hardship currently being experienced by citizens.
According to the APC chairman, the reforms were designed to address structural weaknesses that had hindered productivity, discouraged investment and weakened the country’s competitiveness over the years.
He stated that although the policies have required sacrifice, patience and resilience from Nigerians, early signs indicate that the country is gradually returning to the path of economic recovery and sustainable growth.
Speaking after the successful conduct of the party’s primary election into the House of Representatives across the country, Yilwatda said the Renewed Hope Agenda of the Tinubu administration was not intended as a short-term populist programme, but as a strategic effort aimed at rebuilding the nation’s economic foundation.
“Great nations are not built on easy choices or temporary comforts, but on courageous decisions that secure the future of generations yet unborn. The reforms being implemented today are laying the foundation for a more stable, productive and prosperous Nigeria,” he said.
The APC chairman acknowledged the rising cost of living and inflationary pressures affecting many Nigerians, but noted that the Federal Government had continued to respond through targeted interventions, infrastructure investments, support for local industries and expansion of critical sectors of the economy.
Yilwatda pointed to recent economic indicators which, according to him, reflect growing investor confidence and improved commercial activity nationwide.
He cited a maritime sector performance report showing that Nigerian ports handled 1,092 ocean-going vessels in the first quarter of 2026, describing it as evidence of increasing trade activities, stronger export operations and renewed confidence in the Nigerian economy.
According to him, the development highlights the impact of government investments in port modernisation, logistics improvement, transport connectivity and export expansion policies.
“The handling of over 1,092 ocean-going vessels within the first quarter of the year is not an isolated statistic. It reflects increasing commercial confidence, stronger maritime operations, rising export activities and renewed international economic engagement with Nigeria,” he stated.
Yilwatda also referenced improvements in Nigeria’s crude oil production, which he said had reached about 99.2 per cent of the Organisation of Petroleum Exporting Countries’ production quota, attributing the development to improved security coordination and operational efficiency in the oil and gas sector.
He further noted that the commissioning of new 330kV transmission lines in Edo State and the addition of 600 megawatts to the national grid demonstrated the administration’s commitment to strengthening power infrastructure and supporting industrial growth.
The APC chairman added that growing interest from investors and manufacturers in sectors such as automobile spare parts, industrial production and energy infrastructure signalled the gradual repositioning of the economy towards long-term competitiveness and self-reliance.
Yilwatda assured Nigerians that the APC-led administration remained committed to responsible governance, job creation, economic stability and national development.
He urged citizens not to lose faith in the country’s future, stressing that the ongoing reforms would ultimately create a stronger and more resilient economy capable of delivering prosperity and improved living standards.
“Nigeria is passing through a period of economic rebuilding. While the journey may be challenging, the signs of recovery and national renewal are becoming increasingly visible,” he said.
He also reaffirmed the commitment of the APC to supporting policies and initiatives aimed at deepening economic reforms, encouraging investments, expanding infrastructure and promoting inclusive national growth.
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