The All Progressives Congress (APC) has defended the economic reforms of President Bola Tinubu’s administration, insisting that Nigerians have greater confidence in the nation’s future due to progress recorded since 2023.
Speaking on a television programme, APC National Publicity Secretary, Felix Morka, said the country’s economic and governance landscape has improved significantly compared to the situation inherited by the current administration.
According to Morka, many of the economic indicators that appeared favourable before May 2023 were distorted and did not accurately reflect the realities of the economy. He argued that challenges in the foreign exchange market, fuel subsidy regime, and other sectors created an unsustainable economic environment.
The APC spokesman noted that President Tinubu’s reforms, including the removal of fuel subsidies and foreign exchange market adjustments, were designed to address the root causes of those distortions and place the economy on a more realistic and sustainable path.
Morka maintained that while the reforms have required difficult adjustments, they have laid a stronger foundation for long-term growth and stability. He added that planning based on economic realities would produce more credible and sustainable outcomes for the country.
He also pointed to rising foreign reserves and increasing investor interest across sectors such as oil and gas as signs that Nigeria is becoming more attractive to both local and international investors.
According to him, growing investor confidence reflects the global community’s renewed trust in Nigeria’s economic direction and reform agenda under President Tinubu’s leadership.
