APC stalwart advocates public support for Tinubu’s economic reform

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A prominent All Progressives Congress (APC) chieftain, Chief Hyacinth Ngwu, has appealed to Nigerians for support. He urged the public to back President Bola Tinubu’s ongoing economic reforms under the Renewed Hope Agenda. Ngwu, the former South-East Publicity Secretary of the APC, made this call in a message to journalists in Enugu.

The message marked Nigeria’s 65th Independence Anniversary. Ngwu stated that Nigerians have a reason to celebrate, noting that “adverse conditions are turning around for the better.” He emphasized that citizens should support the “rejigging” of the economy to achieve a more sustainable growth trajectory.

“For the first time at 4.2 per cent, the Gross Domestic Product (GDP) is growing above the population growth.

“This growth, if supported and encouraged, would result in a significant drop in our poverty incidence.

“We are beginning to see significant improvements in the industrial production index, which stood at 196.13 as of 2024, and the purchasing manager’s index, which was 51.4 points.

“These are indications of expansion in economic activities in the industrial sector,” he said.

The APC chieftain hailed President Tinubu’s stride in the consecutive decline in food inflation rate in the country.

Ngwu said that the consecutive decline in food inflation rate remained a clear testament and an indication of improvements in general family welfare in the country.

“The establishment of education loan funds for students is easing the financial burden on parents and guardians.

“The financial autonomy for the local governments and increase in federal fund allocation to them and states have caused significant improvements in sub-national infrastructures and developments.

“The creation of additional zonal or regional development commissions has also deepened democracy and even development across zones,” he added

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