State Of Nigeria In 2023 Was Not Real – Felix Morka

The National Publicity Secretary of the ruling party, Felix Morka, has argued that President Bola Tinubu’s policies have led to improvement in several sectors.

Naija News reports that the All Progressives Congress (APC) spokesman stated this during an appearance on Channels Television.

Citing the floating of the naira, Morka said that “as of May 2023, this country was not doing well. All of the fundamental numbers were off.”

“I think that Nigerians have every reason to feel more confident about their country and, therefore, more hopeful about the future, because the state of affairs in this country as of 2023 compared to today is actually like comparing night and day.

“From the exchange rates to just basic living, it was all phantom. A lot of it was phantom, and I say ‘phantom’ because it was not real, because the distortions in the economy were overwhelming in every facet.

“So it’s difficult to make that comparison between 2023 and 2025 because a lot of what you had then was unreal, and that’s the distortion that this government keeps talking about.

“What this president has done since 2023 is to really tackle the root causes of all of those distortions, whether it was the fuel subsidy or whether it was the crazy arbitrage in the foreign exchange system. None of that was real.

“And so what Nigerians are dealing with today is closer to reality. And when you plan with reality, then you are more likely to actually have outcomes and results that are more realistic, more defensible, and more promising in terms of the future.

“And today, like you said, we’ve gone from $3 billion in our foreign reserves to nearly $50 billion. That counts for something because the world is taking us more seriously today, which is why you see a lot of investment, new investment coming in, in all the sectors, whether it’s oil and gas or other sectors. People are coming in to invest because they have more confidence,” he said.