The National Chairman of the ruling All Progressives Congress (APC), Nentawe Yilwatda, has assured Nigerians that the economic reforms introduced by President Bola Ahmed Tinubu will soon translate into broad-based prosperity across the country.
In a statement issued by his Special Adviser on Media and Information Strategy, Abimbola Tooki, Yilwatda acknowledged the hardship and sacrifices citizens have endured since the implementation of the administration’s economic policies. However, he stressed that early indicators suggest the country is gradually returning to a path of sustainable economic growth.
Speaking after the successful conduct of the APC’s nationwide House of Representatives primary elections, the party chairman stated that the administration’s Renewed Hope Agenda was designed to achieve long-term structural transformation rather than temporary political gains.
According to him, enduring national progress requires bold decisions capable of securing the future for generations to come.
Yilwatda noted that despite persistent inflationary pressures and the rising cost of living, the Federal Government is responding through targeted social interventions, investments in infrastructure, and support for local industries.
Highlighting key developments in the economy, he revealed that Nigeria’s crude oil production has risen to about 99.2 percent of the country’s OPEC production quota, attributing the improvement to enhanced security and operational efficiency within the sector.
He also pointed to the recent commissioning of new 330kV transmission lines in Edo State, which added 600 megawatts to the national electricity grid, as part of efforts to strengthen industrial productivity and economic expansion.
On maritime activities, the APC chairman disclosed that more than 1,092 ocean-going vessels were processed in the first quarter of the year, describing the figure as evidence of growing commercial confidence, stronger maritime operations, increased export activity, and renewed global economic engagement with Nigeria.
Yilwatda further stated that both local manufacturers and foreign investors are showing renewed interest in sectors such as energy infrastructure, industrial production, and automobile spare parts manufacturing, which he said would help position Nigeria for greater economic self-reliance.
He urged Nigerians to remain patient and optimistic, reiterating that the APC-led administration remains committed to economic stability, job creation, and national development.
According to him, although the country is currently undergoing a difficult phase of economic rebuilding, visible signs of recovery and national renewal are beginning to emerge under President Tinubu’s leadership.
