National Chairman of the ruling All Progressives Congress (APC), Professor Nentawe Yilwatda, has assured Nigerians that the economic reforms introduced by President Bola Tinubu, though difficult, are already producing positive results and setting the country on the path to long-term prosperity.
Yilwatda, in a statement issued through his Special Adviser on Media and Information Strategy, Abimbola Tooki, spoke after the conduct of the party’s House of Representatives primary elections across the country.
According to him, the Renewed Hope Agenda was designed not as a short-term populist programme, but as a bold structural reform aimed at correcting years of economic distortions that weakened productivity and discouraged investment.
“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 said.
While acknowledging the rising cost of living and inflation currently affecting Nigerians, Yilwatda maintained that the Federal Government has continued to cushion the effects through targeted interventions, infrastructure projects and support for local industries.
As evidence of progress, the APC chairman cited a recent maritime sector performance 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 and renewed confidence in the nation’s economy.
“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. This is a direct outcome of strategic reforms and infrastructure investments being undertaken by the Federal Government,” he stated.
Yilwatda also pointed to Nigeria’s crude oil production, which he said has reached about 99.2 percent of its OPEC quota, attributing the development to improved security coordination and 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 practical steps toward strengthening power supply and boosting industrial growth.
The APC chairman also referenced increasing investor interest in automobile spare parts, industrial production and energy infrastructure as indications that the economy is gradually being repositioned for long-term competitiveness.
Urging Nigerians to remain hopeful, Yilwatda said the reforms, though challenging, would ultimately build a stronger and more resilient economy capable of creating opportunities and improving 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.