Odimmegwa Johnpeter/Abuja
The National Chairman of the ruling All Progressives Congress (APC), Nentawe Yilwatda, has assured Nigerians that the ongoing economic reforms introduced by President Bola Ahmed Tinubu will lay the foundation for long-term national prosperity and sustainable economic growth.
Yilwatda, in a statement issued by his Special Adviser on Media and Information Strategy, Abimbola Tooki, said although the reforms have required sacrifice, patience and resilience from citizens, there are already visible signs that the country is gradually returning to the path of productivity, economic stability and national renewal.
The APC chairman spoke shortly after the successful conduct of the party’s House of Representatives’ primary elections across the country.
According to him, President Tinubu’s Renewed Hope Agenda was conceived not as a short-term populist programme but as a strategic intervention aimed at correcting decades of structural distortions that weakened productivity, discouraged investment and limited Nigeria’s economic competitiveness.
He stressed that enduring national development often requires difficult but courageous decisions.
“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 stated.
Yilwatda acknowledged the economic difficulties currently facing many Nigerians, particularly rising inflation and the high cost of living, but maintained that the Federal Government has continued to respond through targeted interventions, infrastructure investments, support for local industries and strategic expansion of key sectors of the economy.
He noted that several economic indicators are beginning to reflect growing investor confidence and increased commercial activities nationwide.
Citing the latest maritime sector performance report, the APC chairman said Nigerian ports handled 1,092 ocean-going vessels in the first quarter of 2026, describing the development as evidence of rising trade activities, expanding export operations and renewed confidence in the Nigerian economy.
According to him, the improvement is linked to ongoing investments in port infrastructure, logistics systems, transport connectivity, and export expansion initiatives by the Federal Government.
“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.
Yilwatda also pointed to improvements in Nigeria’s crude oil production, which he said has reached about 99.2 per cent of the Organisation of Petroleum Exporting Countries (OPEC) production quota, attributing the progress to enhanced security coordination and improved operational 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 by the Tinubu administration to strengthen power infrastructure, boost industrial growth and improve electricity supply across the country.
The APC chairman added that increasing interest from investors and local manufacturers in sectors such as automobile spare parts, industrial production and energy infrastructure signals that the economy is gradually repositioning itself for long-term competitiveness and self-reliance.
He reassured Nigerians that the APC-led administration remains committed to responsible governance, economic stability, job creation and national development.
Yilwatda urged citizens not to lose faith in the country’s future, insisting that the ongoing reforms, though difficult, would ultimately produce a 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. The APC administration under President Bola Ahmed Tinubu remains focused, determined, and committed to building a stronger and more prosperous nation for both present and future generations,” he said.
He reaffirmed the commitment of the APC to supporting policies and initiatives aimed at deepening economic reforms, encouraging investment, expanding infrastructure, and promoting inclusive national growth.
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