The All Progressives Congress (APC) has defended President Bola Tinubu’s economic reforms, saying Nigerians have more reasons to be optimistic about the country’s future due to improvements recorded since the administration assumed office in 2023.
Speaking on Channels Television’s Sunday Politics, APC National Publicity Secretary Felix Morka said the current state of the economy is significantly better compared to what the government inherited, adding that conditions in 2023 were largely distorted and did not reflect economic reality.
Morka argued that key indicators at the time, including exchange rates and cost-of-living metrics, were “unreal” due to widespread distortions in the system. He said this made direct comparisons between 2023 and 2025 difficult, stressing that the administration inherited a structurally weak economy.
According to him, President Tinubu’s reforms, including the removal of fuel subsidy and changes to the foreign exchange system, were aimed at correcting those distortions and restoring economic stability. He maintained that current policies are helping to align the economy with “reality,” which he said improves planning and long-term outcomes.
He also pointed to rising external reserves and growing investor confidence as evidence that the reforms are beginning to yield results, adding that increased foreign investment in key sectors shows that Nigeria is becoming more attractive to global investors.
