Tinubu’s Economic Reforms Deliver Key Gains — APC Member

 

An All Progressives Congress (APC) member, Isah Abdulrahman, has said President Bola Ahmed Tinubu’s economic and governance reforms are yielding measurable gains, noting that Nigeria has begun to “turn the tide” after an initially difficult transition period.

In a reflection released in Abuja, Abdulrahman acknowledged that the removal of fuel subsidy and the unification of the foreign exchange market triggered early economic shocks, but argued that the reforms have now started producing tangible results across key sectors.

He cited record non-oil revenue of ₦20 trillion as of August 2025, a ₦7.46 trillion trade surplus recorded in the second quarter of the year, and foreign reserves exceeding $45 billion. According to him, inflation has eased to 16.05 per cent, while over $20 billion in foreign exchange inflows were recorded within ten months.

Abdulrahman also pointed to renewed investor confidence, referencing a recently oversubscribed Eurobond issuance and more than $2 billion committed to the Compressed Natural Gas–Electric Vehicle (CNG-EV) initiative.

On youth development, he said nearly 800,000 students have accessed interest-free education loans, while programmes such as the Three Million Technical Talent (3MTT) initiative and Skill-Up Artisans scheme are equipping young Nigerians with employable technical skills.

He further highlighted progress in infrastructure development, including ongoing construction of the Lagos–Calabar Coastal Highway and the Sokoto–Badagry Superhighway, upgrades at major airports, the restart of the Port Harcourt Refinery, increased power generation, and the clearance of ₦185 billion in gas sector debts.

Addressing security concerns, Abdulrahman said coordinated efforts by security agencies, including forest guard training and recent rescue operations in Kebbi, Kwara and Niger states, demonstrate that the country is “no longer helpless” in confronting insecurity.

While admitting that many Nigerians are still under economic pressure, he maintained that the reforms have placed the country on “a clearer and more stable path” compared to 2023.