The National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has said that the economic reforms introduced by President Bola Tinubu are gradually steering Nigeria towards sustainable growth, productivity and national renewal.
Yilwatda made the assertion in a statement issued on Sunday in Abuja by his Special Adviser on Media and Information Strategy, Mr. Abimbola Tooki.
According to him, emerging indicators of recovery include rising international trade confidence, sectoral investments, improved foreign reserves, macroeconomic stability and renewed agricultural development.
He stressed that the reforms under Tinubu’s Renewed Hope Agenda were not designed as short-term populist measures, but as strategic interventions aimed at correcting long-standing structural distortions in the economy.
“The reforms being implemented today are laying the foundation for a more stable, productive and prosperous Nigeria,” Yilwatda stated.
The APC chairman acknowledged the current economic hardship facing many Nigerians, particularly inflation and the rising cost of living, but noted that the Federal Government was addressing the situation through targeted interventions, infrastructure development and support for local industries.
He cited recent economic indicators as evidence of growing investor confidence and increased commercial activities across the country.
Yilwatda referenced a maritime sector report showing that Nigerian ports handled 1,092 ocean-going vessels in the first quarter of 2026, describing it as a sign of expanding trade activities, stronger export operations and renewed confidence in the nation’s economy.
According to him, the development reflects the impact of government investments in port modernisation, logistics improvement, transport connectivity and export expansion policies.
“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.
He also highlighted improvements in Nigeria’s crude oil production, noting that output had reached about 99.2 per cent of the Organisation of Petroleum Exporting Countries (OPEC) production quota.
Yilwatda attributed the increase to improved security coordination and enhanced operational efficiency in the oil and gas sector.
He further pointed to 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 and support industrial growth.
The APC chairman added that growing investments in automobile spare parts manufacturing, industrial production and energy infrastructure indicated that Nigeria’s economy was being repositioned for long-term competitiveness and self-reliance.
He assured Nigerians that the APC-led administration remained committed to economic stability, job creation and national development.
Yilwatda urged citizens to remain patient and optimistic, saying the ongoing reforms, though difficult, would ultimately produce a stronger and 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,” he said.
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