Politics
PRESIDENT Bola Tinubu has said Nigeria’s economy is on a steady growth path, attributing the progress to his administration’s fiscal and economic reforms, while calling for deeper collaboration with Deloitte Africa on investment, youth development and job creation.
Tinubu stated this on Wednesday while receiving a delegation from Deloitte Africa, led by its Chief Executive Officer, Ruwayda Redfearn, at the Presidential Villa, Abuja.
The president said the reforms implemented over the past three years had stabilised the economy and attracted growing local and international recognition for improved economic indicators.
He acknowledged that the reforms had required difficult decisions but maintained that they were laying a solid foundation for sustainable economic growth.
“Yes, reforms are difficult. Some of the measures may be bitter, but they are working well and moving the nation forward,” he said.
Tinubu commended Deloitte Africa for its continued interest in Nigeria’s economic transformation and appreciated the firm’s partnership in supporting the country’s reform agenda.
According to him, ongoing revenue, fiscal and tax reforms will continue to stimulate economic growth while strengthening the country’s financial architecture.
The president said the reforms had enhanced revenue generation, improved fiscal management, repositioned financial institutions and made Nigeria more competitive in the global economy.
He urged Deloitte Africa to deepen its contribution to Nigeria’s development by investing in capacity building for young Nigerians.
Tinubu noted that the country’s youthful population remained one of its greatest assets and called on the global consulting firm to expand its training and recruitment programmes.
He also recalled his early accounting career in Chicago, describing Deloitte as an organisation renowned for developing professional talent.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the administration’s reforms were already yielding positive results and encouraged Deloitte to support efforts aimed at building the capacity of Nigerian youths.
Also speaking, Chairman of the Nigerian Revenue Service, Zacch Adedeji, was among top government officials present at the meeting.
Earlier, Redfearn reaffirmed Deloitte Africa’s commitment to supporting Nigeria’s economic transformation.
She said Deloitte was a global organisation with more than 500,000 employees across various countries, including over 6,000 professionals in Africa.
According to her, the firm recorded global revenue of 74 billion dollars in 2025 and possesses extensive expertise in digital transformation and business advisory services.
“We are here to say that we want to serve. We have a strong local team as well as the global firm that is ready to support your administration as you lead the country,” she said.
The Chief Executive Officer of Deloitte West Africa, Yomi Olugbenro, also pledged the firm’s support for Nigeria’s reform programme.
Olugbenro said the foundation laid by the administration’s reforms provided an opportunity to deliver greater economic benefits to ordinary Nigerians.
He noted that Deloitte had supported governments across the world in implementing major economic reforms and expressed confidence that Nigeria would benefit from the firm’s global experience.
According to him, Deloitte stands ready to work with the Federal Government in areas where its expertise can help deepen reforms and accelerate inclusive economic growth.
F.O
Tags: Deloitte economic growth reforms Tinubu