HomePoliticsTinubu’s Economic Reforms Will Yield Prosperity, Says APC Chair Yilwatda

Tinubu’s Economic Reforms Will Yield Prosperity, Says APC Chair Yilwatda

 

The National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has assured Nigerians that the economic reforms being implemented by President Bola Ahmed Tinubu will deliver lasting prosperity and sustainable national development.

Yilwatda, in a statement issued on Sunday in Abuja by his Special Adviser on Media and Information Strategy, Abimbola Tooki, said although the reforms have demanded patience and sacrifice from citizens, there are already signs that the economy is gradually returning to growth and productivity.

According to him, the Renewed Hope Agenda was conceived as a strategic response to longstanding structural challenges that had weakened productivity, discouraged investment and limited Nigeria’s economic competitiveness.

“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,” Yilwatda stated.

While acknowledging the economic hardship facing many Nigerians, including inflation and the rising cost of living, the APC chairman maintained that the Federal Government has continued to roll out targeted interventions, infrastructure projects and policies aimed at supporting local industries and expanding critical sectors of the economy.

He noted that emerging economic indicators were already reflecting renewed investor confidence and improved commercial activity across the country.

Yilwatda cited a recent maritime sector report showing that Nigerian ports handled 1,092 ocean-going vessels in the first quarter of 2026, describing the figure as evidence of increasing trade activities, rising export operations and renewed international confidence in the economy.

“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 said.

The APC chairman also pointed to Nigeria’s crude oil production, which he said had risen to about 99.2 per cent of the Organisation of Petroleum Exporting Countries (OPEC) production quota, attributing the development to improved security coordination and greater efficiency in the oil and gas sector.

He further highlighted the commissioning of new 330kV transmission lines in Edo State and the addition of 600 megawatts to the national grid as part of efforts to strengthen power infrastructure and support industrial growth.

According to Yilwatda, growing interest from investors and manufacturers in sectors such as automobile spare parts, industrial production and energy infrastructure indicates that the economy is gradually being repositioned for long-term competitiveness and self-reliance.

He urged Nigerians not to lose faith in the country’s future, stressing that the ongoing reforms, though difficult, are necessary to build a more resilient economy capable of delivering opportunities 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 added.

Yilwatda reaffirmed the commitment of the APC to supporting policies aimed at deepening economic reforms, attracting investment, expanding infrastructure and promoting inclusive growth nationwide.

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