Tinubu’s Reforms Restoring Investor Confidence, Boosting Economic Growth, Says Nentawe

The National Chairman of the All Progressives Congress (APC), Prof. Nentawe Yilwatda, has defended the economic reforms of President Bola Tinubu, saying they are already yielding positive results by restoring investor confidence, boosting economic growth and laying the foundation for a $1 trillion economy.

Speaking at the Colloquium 2.0 organised in his honour to mark his 58th birthday in Jos, yesterday, Nentawe said the Tinubu administration had taken bold decisions that previous governments contemplated but lacked the courage to implement.

According to him, Nigeria’s economic growth has, for the first time in years, overtaken population growth, while the country’s Gross Domestic Product (GDP) has risen significantly from below $300 billion to about $375 billion within two years.

He said the reforms had also restored international confidence in Nigeria, leading to the return of foreign investors and companies that had previously exited the country.

“For the first time, our exports have exceeded our imports. Investors are returning to Nigeria because confidence has returned. The productive economy we have long desired is beginning to emerge,” he said.

Nentawe said the administration was making unprecedented investments in critical infrastructure, including deep seaports, railways, highways and inland dry ports, to lower the cost of doing business, improve trade and transform Nigeria into the economic hub of West and Central Africa.

He explained that the planned network of deep seaports, rail lines and superhighways would facilitate trade with neighbouring landlocked countries, expand Nigeria’s export capacity and create new economic opportunities.

According to him, every kilometre of road constructed represents increased commerce, improved security and accelerated economic…