By Nkechi Eze
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 ultimately translate into long-term national prosperity, describing the administration’s policies as a deliberate strategy to reposition the economy for sustainable growth.
According to an official signed statement by the Special Adviser on Media and Information Strategy to the APC National Chairman, Abimbola Tooki, Professor Yilwatda stated that although the reforms have imposed short-term economic pressures on citizens, early indicators suggest steady progress toward recovery, renewed productivity and improved investor confidence.
Professor Yilwatda explained that the Renewed Hope Agenda of President Tinubu was not designed as a short-term populist programme, but as a structural intervention aimed at correcting longstanding economic distortions that had weakened productivity, discouraged investment and constrained national competitiveness. He noted that “great nations are not built on easy choices or temporary comforts, but on courageous decisions that secure the future of generations yet unborn,” adding that the current reforms are laying the foundation for a more stable and prosperous Nigeria.
While acknowledging the economic hardship being experienced by Nigerians, particularly rising inflation and cost of living pressures, the APC National Chairman maintained that the Federal Government has continued to respond through targeted interventions, infrastructure development, support for local industries and strategic sectoral investments.
He cited recent maritime sector data indicating that Nigerian ports handled 1,092 ocean-going vessels in the first quarter of 2026, describing the development as evidence of rising commercial activity, stronger export performance and growing international confidence in the Nigerian economy. According to him, the figure reflects the impact of ongoing reforms in port modernization, logistics enhancement, transport connectivity and export facilitation.
Professor Yilwatda also highlighted Nigeria’s crude oil production level, which he said has reached approximately 99.2 percent of the Organisation of Petroleum Exporting Countries (OPEC) quota, attributing the improvement to enhanced security coordination and operational efficiency in the oil and gas sector.
He further referenced recent developments in the power sector, including the commissioning of new 330kV transmission lines in Edo State and the addition of 600 megawatts to the national grid, describing them as concrete steps toward strengthening electricity infrastructure, supporting industrial expansion and improving national power supply.
The APC National Chairman added that increasing investor interest in sectors such as automobile spare parts manufacturing, industrial production and energy infrastructure reflects growing confidence in the country’s economic direction and its long-term competitiveness.
Professor Yilwatda assured Nigerians that the APC-led administration remains committed to responsible governance, economic stability, job creation and inclusive national development. He urged citizens to remain patient and maintain confidence in the reform process, stressing that the current difficulties would give way to a more resilient economy capable of delivering broad-based prosperity.
Nigeria, he said, is currently undergoing a period of economic rebuilding, adding that while the process is challenging, visible signs of recovery and national renewal are beginning to emerge.
