The National Chairman of the All Progressives Congress, Nentawe Yilwatda, has assured Nigerians that the ongoing reforms of President Bola Ahmed Tinubu will ultimately guarantee long-term prosperity and economic stability for the country. Yilwatda stated that although the economic reforms introduced by the Tinubu administration have required sacrifice, patience and resilience from citizens, there are already visible indicators showing that Nigeria is gradually returning to the path of sustainable growth, productivity and national renewal.
In a statement issued by his Special Adviser on Media and Information Strategy, Abimbola Tooki, shortly after the successful conduct of the party's House of Representatives primary elections across the country, the APC chairman said the Renewed Hope Agenda was designed as a strategic intervention to correct decades of structural distortions that weakened national productivity, discouraged investments and limited economic competitiveness. According to him, 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.
Economic Hardship and Targeted Interventions
Yilwatda acknowledged the economic hardship currently being experienced by Nigerians, particularly rising inflation and the high cost of living, but maintained that the Federal Government has continued to respond through targeted interventions, infrastructure development, support for local industries and expansion of critical sectors of the economy. He noted that several economic indicators were already reflecting growing investor confidence and improved commercial activities nationwide.
Maritime Sector Performance
The APC chairman cited the latest maritime sector performance report, which showed that Nigerian ports handled 1,092 ocean-going vessels in the first quarter of 2026, describing the development as evidence of expanding trade activities, rising exports and renewed confidence in the Nigerian economy. According to him, the figure demonstrates that the administration's investments in port infrastructure modernisation, logistics improvement, transport connectivity and export expansion policies are beginning to stimulate productive economic activities across the country.
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.
Crude Oil Production and Power Infrastructure
Yilwatda further pointed to recent improvements in Nigeria's crude oil production, which he said has reached about 99.2 per cent of the Organization of the Petroleum Exporting Countries production quota, as evidence of improved security coordination and operational efficiency within the oil and gas sector. He also highlighted 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, support industrial growth and improve electricity supply across the country.
The APC chairman added that growing interest from investors and local manufacturers in sectors such as automobile spare parts, industrial production and energy infrastructure further indicates that the economy is gradually being repositioned for long-term competitiveness and self-reliance.
Commitment to Responsible Governance
Yilwatda assured Nigerians that the APC-led administration remains committed to responsible governance, economic stability, job creation and national development. He urged citizens not to lose faith in the country's future, stressing that the difficult but necessary reforms currently being implemented would eventually produce a more resilient economy capable of delivering opportunities, prosperity and improved living standards for all Nigerians.
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.
Yilwatda reaffirmed the commitment of the APC to supporting policies and initiatives aimed at deepening economic reforms, encouraging investments, expanding infrastructure and promoting inclusive national growth.
