By David Akinadewo-Adekahunsi
The National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has assured Nigerians that the ongoing economic reforms being implemented by President Bola Ahmed Tinubu’s administration will ultimately translate into long-term prosperity, economic stability and national growth.
Yilwatda stated this in a press statement issued by his Special Adviser on Media and Information Strategy, Abimbola Tooki, shortly after the successful conduct of the APC House of Representatives primary elections across the country.
According to the APC National Chairman, although the reforms have imposed temporary hardships on citizens, the policies were designed to address deep-rooted structural problems that had weakened Nigeria’s economy over the years.
He said the Renewed Hope Agenda of President Tinubu was not conceived as a short-term populist programme but as a strategic intervention aimed at restoring productivity, encouraging investments and repositioning Nigeria for sustainable development.
“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.
The APC chairman acknowledged the economic difficulties currently facing many Nigerians, especially rising inflation and the high cost of living, but maintained that the Federal Government was responding through targeted interventions, infrastructure development and support for critical sectors of the economy.
He pointed to recent developments in the maritime sector as evidence that the economy was gradually rebounding, noting that Nigerian ports handled 1,092 ocean-going vessels in the first quarter of 2026.
According to him, the figure reflects growing investor confidence, increased trade activities and renewed international commercial engagement with Nigeria.
“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 added that improvements recorded in the oil and gas sector further demonstrate positive outcomes of the administration’s reforms.
He disclosed that Nigeria’s crude oil production 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 operational efficiency within the sector.
The APC chairman also highlighted recent efforts to strengthen power infrastructure, including the commissioning of new 330kV transmission lines in Edo State and the addition of 600 megawatts to the national grid.
He said the interventions were aimed at improving electricity supply, supporting industrial growth and boosting economic productivity nationwide.
Yilwatda further noted growing interests by investors and local manufacturers in sectors such as automobile spare parts, industrial production and energy infrastructure as signs that the economy was gradually repositioning itself for long-term competitiveness and self-reliance.
He urged Nigerians not to lose faith in the country’s future, assuring that the APC-led administration remained committed to responsible governance, job creation and economic reforms capable of delivering 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.
The APC National Chairman reaffirmed the commitment of the ruling party to supporting policies that encourage investment, deepen economic reforms, expand infrastructure and promote inclusive growth across the country.
