The National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has said that President Bola Tinubu’s “Renewed Hope Agenda” is designed as a long-term economic strategy meant to restore stability and deliver sustainable prosperity to Nigerians.
In a statement released on Sunday through his Special Adviser on Media and Information Strategy, Abimbola Tooki, he explained that although the reforms demand patience and sacrifices from citizens, they are already beginning to show early signs of economic improvement.
After the APC House of Representatives primaries, Yilwatda maintained that the administration’s policies are focused on fixing deep-rooted structural economic problems, improving productivity, and attracting investment into the country.
He stated that “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 also acknowledged the current economic hardship, including inflation and rising living costs, but said the government is responding through targeted interventions, infrastructure development, and support for local industries.
According to him, several economic indicators are already showing signs of recovery, including improved investor confidence and increased business activity across sectors.
He highlighted that Nigerian ports recorded 1,092 ocean-going vessels in the first quarter of 2026, describing this as evidence of stronger trade activity, export growth, and renewed international confidence in the economy.
He further explained that ongoing investments in port modernization and transport infrastructure are helping to stimulate economic activity nationwide.
The statement added: “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.”
Yilwatda also pointed to improvements in crude oil production, which has reached about 99.2 per cent of the OPEC production quota, attributing it to better security coordination and operational efficiency in the oil sector.
He noted that recent power sector developments, including new 330kV transmission lines in Edo State and an additional 600MW added to the national grid, are steps toward improving electricity supply and supporting industrial growth.
He added that investors are increasingly showing interest in sectors such as automobile parts, industrial production, and energy infrastructure, which he said signals a gradual shift toward long-term economic strength and self-reliance.
Yilwatda urged Nigerians to remain optimistic, saying the reforms are intended to ensure long-term national development, job creation, and economic stability.
He concluded that “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 Tinubu remains focused, determined and committed to building a stronger and more prosperous nation for both present and future generations,” he said.
He added that although opinions remain divided on the reforms since 2023, the government insists they are already producing positive results.
