The National Publicity Secretary of the All Progressives Congress (APC), Felix Morka, has said that Nigerians are increasingly expressing confidence in the economic reforms being implemented by President Bola Tinubu, citing what he described as signs of economic recovery and growing investor interest since the administration took office in 2023.
Morka made the remarks while assessing the performance of the Tinubu administration and the impact of its policy reforms on the country’s economy.
According to the APC spokesman, the government’s economic measures, including the removal of fuel subsidies, foreign exchange reforms, and efforts to improve public finances, have begun to yield positive results despite the initial hardships experienced by many Nigerians.
He argued that while the reforms were difficult, they were necessary to address long-standing structural challenges and place the economy on a more sustainable path.
“More Nigerians are becoming confident that the reforms are working and that the country is moving in the right direction,” Morka said, pointing to increased domestic and foreign investment commitments as evidence of improving economic prospects.
Since assuming office in May 2023, President Tinubu’s administration has introduced a series of economic reforms aimed at attracting investment, boosting government revenue and stabilising the economy. The government has repeatedly stated that these policies are designed to create a foundation for long-term growth.
Official data from government agencies and international financial institutions have shown improvements in some macroeconomic indicators, including increases in foreign exchange inflows and renewed investor interest in key sectors of the economy. However, the reforms have also been accompanied by rising living costs, inflationary pressures and concerns over household purchasing power.
Morka acknowledged that many Nigerians continue to face economic challenges but maintained that the administration’s policies are beginning to deliver measurable benefits. He urged citizens to remain patient as the government pursues broader economic transformation initiatives.
Opposition parties and some economic analysts have offered differing assessments of the reforms, arguing that many Nigerians are yet to feel the benefits amid persistent inflation and high costs of living. Nonetheless, the Federal Government has continued to defend its economic strategy, insisting that short-term sacrifices are necessary to secure long-term stability and growth.
The APC spokesman expressed confidence that ongoing reforms would further strengthen the economy, improve investor confidence and create opportunities for businesses and citizens in the coming years.
