The National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has assured Nigerians that the ongoing economic reforms of President Bola Ahmed Tinubu will deliver long-term prosperity, insisting that early indicators already point to gradual national recovery.
In a statement issued by his Special Adviser on Media and Information Strategy, Abimbola Tooki, Yilwatda said the administration’s “Renewed Hope Agenda” is a deliberate structural reform programme designed to correct long-standing economic distortions and reposition the country for sustainable growth.
He acknowledged that the reforms have placed short-term economic pressure on citizens, particularly through inflation and rising living costs, but maintained that the government is responding with targeted interventions, infrastructure expansion, and support for key productive sectors.
According to him, emerging data suggests improving investor confidence and increased economic activity across critical sectors of the economy.
Yilwatda cited maritime performance reports indicating that Nigerian ports handled 1,092 ocean-going vessels in the first quarter of 2026, describing it as evidence of rising trade volumes, stronger export activity, and renewed global confidence in Nigeria’s economy.
He also highlighted improvements in crude oil production, noting that output has reached about 99.2 percent of the Organisation of the Petroleum Exporting Countries (OPEC) quota, attributing the development to improved security coordination and operational efficiency in the sector.
On infrastructure, the APC chairman referenced the commissioning of new 330kV transmission lines in Edo State and the addition of 600MW to the national grid, which he said would strengthen electricity supply and support industrial productivity.
He further pointed to growing investor interest in manufacturing, energy, and automotive spare parts production as signs that the economy is gradually repositioning for competitiveness and self-reliance.
“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,” Yilwatda stated.
He urged Nigerians to remain patient and optimistic, assuring that the APC-led government remains committed to job creation, economic stability, and inclusive national growth.
