President Bola Ahmed Tinubu on Wednesday declared that Nigeria’s economy is on a steady growth trajectory, attributing the progress to his administration’s fiscal, revenue and financial reforms, while calling for a stronger partnership with Deloitte Africa to drive investment, youth development and job creation.
Speaking while receiving a delegation from Deloitte Africa led by its Chief Executive Officer, Ruwayda Redfearn, at the Presidential Villa, Abuja, Tinubu said the reforms implemented over the past three years had begun yielding positive results, stabilising the economy and laying a solid foundation for sustainable growth.
The President acknowledged that the reforms had imposed short-term hardships but insisted they were necessary to reposition the economy for long-term prosperity.
“Reforms are difficult, but when properly implemented, they produce lasting benefits. The reforms on revenue will continue to stimulate growth, and despite the challenges, Nigeria is making serious foundational progress,” he said.
Tinubu noted that the reforms had strengthened the country’s fiscal and revenue framework, repositioned financial institutions and enhanced Nigeria’s competitiveness in the global economy.
He also urged Deloitte Africa to expand its footprint in Nigeria by investing in the country’s youthful population through skills development, professional training and employment opportunities.
Recalling his early career in accountancy, the President praised Deloitte’s longstanding reputation for professional excellence and capacity building.
“Deloitte has a strong training culture, and I believe the organisation can make an even greater impact in Nigeria by helping to develop the next generation of professionals,” he said.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, alongside Chairman of the Nigerian Revenue Service, Dr. Zacch Adedeji, attended the meeting, where discussions centred on the impact of the government’s economic reforms and the need to deepen capacity development for young Nigerians.
Deloitte Africa Chief Executive Officer, Ruwayda Redfearn, reaffirmed the firm’s commitment to supporting Nigeria’s economic transformation, describing the country as a strategic partner.
She disclosed that Deloitte employs more than 500,000 professionals globally, including over 6,000 across Africa, and generated approximately $74 billion in revenue in 2025.
“We are here to say that we want to serve. We have a strong local team on the ground, backed by our global network, and we are ready to support your administration as it advances Nigeria’s development agenda,” Redfearn said.
Also speaking, Deloitte Africa Chief Executive Officer, Yomi Olugbenro, commended the Tinubu administration for laying what he described as a solid foundation through its reforms, stressing that the next phase should focus on translating macroeconomic gains into tangible benefits for ordinary Nigerians.
He said Deloitte was prepared to deploy its global expertise and experience from supporting governments around the world to help Nigeria maximise the gains of its ongoing reforms.
Olugbenro added that the firm’s global network and technical capabilities positioned it to support the Federal Government in delivering inclusive economic growth and improved living standards for citizens.
