The National Chairman of the ruling All Progressives Congress (APC), Professor Nentawe Yilwatda, has assured Nigerians that the ongoing economic reforms initiated by President Bola Ahmed Tinubu are strategic interventions that will guarantee expansive prosperity for the nation in the years to come.
In a statement by his Special Adviser on Media and Information Strategy, Abimbola Tooki, the APC National Chairman acknowledged that while the economic policies have demanded immense sacrifice, patience, and resilience from citizens, clear and measurable indicators show that the country is steadily returning to a path of sustainable growth, national renewal, and enhanced productivity.
Professor Yilwatda, speaking shortly after the successful conduct of the party’s nationwide primary elections for the House of Representatives, said President Tinubu’s Renewed Hope Agenda was never designed as a short-term populist gimmick.
He described the agenda as a bold, necessary vehicle aimed at correcting decades of structural distortions that have historically weakened national productivity, discouraged foreign direct investment, and constrained Nigeria’s economic competitiveness.
He said, “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.”
While admitting the real economic pains being experienced by many Nigerians—particularly regarding inflationary pressures and the high cost of living—the APC chairman maintained that the federal government is actively mitigating these challenges through targeted socio-economic interventions, infrastructure investments, robust support for local industries, and the strategic expansion of critical sectors.
Professor Yilwatda said several economic indicators are already reflecting growing investor confidence and improving commercial operations nationwide.
He cited the latest maritime sector performance report, which revealed that Nigerian ports successfully handled 1,092 ocean-going vessels in the first quarter of 2026.
He described this milestone as a strong testament to expanding trade activities, rising export operations, and renewed international confidence in the economy.
The APC chairman further highlighted the recent improvement in Nigeria’s crude oil production, which has now rebounded to about 99.2 percent of its Organisation of Petroleum Exporting Countries (OPEC) production quota.
He attributed this success to enhanced security coordination and improved operational efficiency within the oil and gas sector.
In the power sector, Professor Yilwatda pointed to the commissioning of new 330kV transmission lines in Edo State and the addition of 600MW to the national grid as concrete evidence of the Tinubu administration’s commitment to strengthening power infrastructure, supporting industrial growth, and improving electricity supply across the country.
He also referenced the growing influx of interest from investors and local manufacturers in critical sectors such as automobile spare parts, industrial production, and energy infrastructure as clear signs that the economy is gradually repositioning itself for long-term competitiveness and self-reliance.
Reaffirming the commitment of the ruling party to responsible governance, economic stability, job creation, and inclusive national growth, Professor Yilwatda urged citizens not to lose faith in the country’s trajectory.
He stressed that the current difficult but necessary reforms would ultimately deliver a more resilient economy capable of creating boundless opportunities and an improved standard of living for all.