National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has said the economic reforms introduced by President Bola Ahmed Tinubu are beginning to produce positive results despite the current economic hardship facing Nigerians.

Yilwatda stated this in a statement issued through his Special Adviser on Media and Information Strategy, Abimbola Tooki, shortly after the conduct of the APC House of Representatives primary elections across the country.

According to the APC chairman, the administration’s Renewed Hope Agenda was designed as a long-term economic restructuring programme aimed at correcting years of economic imbalance, low productivity and declining investor confidence.

He said difficult but necessary policy decisions were required to place Nigeria on the path of sustainable growth and prosperity.

Yilwatda acknowledged the rising cost of living and inflation currently affecting citizens but maintained that the Federal Government was implementing targeted interventions, infrastructure projects and support programmes for local industries to ease the burden on Nigerians.

Highlighting what he described as evidence of economic improvement, Yilwatda referenced recent maritime sector data showing that Nigerian ports handled 1,092 ocean-going vessels in the first quarter of 2026.

He said the development reflected growing international trade, increased export activity and renewed confidence in Nigeria’s economy.

The APC chairman added that Nigeria’s crude oil production had risen to about 99.2 per cent of the country’s quota allocated by the Organization of the Petroleum Exporting Countries (OPEC), attributing the increase to improved security coordination and operational efficiency within the oil and gas sector.

He also 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 to strengthen electricity infrastructure and boost industrial development.

Yilwatda further noted that increasing investor interest in sectors such as automobile spare parts, manufacturing and energy infrastructure signalled growing confidence in the direction of the economy.

He urged Nigerians to remain patient and supportive of the administration’s policies, insisting that the reforms would eventually create a more resilient economy capable of providing opportunities and improved living conditions.

According to him, the administration remains committed to building a stable and prosperous nation for present and future generations despite the challenges associated with the ongoing economic rebuilding process.