President Bola Ahmed Tinubu has said Nigeria’s economy is experiencing steady growth as a result of ongoing financial, fiscal, and revenue reforms, while receiving strong endorsement from Deloitte Africa for the administration’s economic transformation agenda.
The President made the remarks on Wednesday at the State House in Abuja during a meeting with a delegation from Deloitte Africa led by its Chief Executive Officer, Ruwayda Redfearn.
Tinubu said the reforms implemented over the past three years had helped stabilise the economy, strengthen public finances, reposition financial institutions, and enhance Nigeria’s global competitiveness.
“We are following the example of Deloitte’s greatness to change things from the foundation, building the necessary future for our people,” the President said, acknowledging that while reforms often come with short-term challenges, they are already yielding positive results.
“Some issues are difficult. Taking the bitter medicine is never easy, but it is working well. Nigeria is making serious foundational progress, and the reforms on revenue will continue to stimulate economic growth,” he added.
The President also commended Deloitte for its continued partnership and urged the global professional services firm to deepen its contribution to Nigeria’s development by expanding youth training, skills development, and employment opportunities.
Recalling his early career in accountancy, Tinubu praised Deloitte’s reputation for professional development and encouraged the firm to leverage its expertise to support the country’s growing youth population.
Also speaking at the meeting, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, highlighted the impact of the administration’s fiscal and tax reforms and urged Deloitte to prioritise capacity building for young Nigerians.
Deloitte Africa CEO Ruwayda Redfearn reaffirmed the firm’s commitment to supporting Nigeria’s reform agenda. She noted that Deloitte employs more than 500,000 people globally, including over 6,000 across Africa, and generated $74 billion in revenue in 2025.
“We are here because 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 you lead the country,” she said.
Chief Executive Officer of Deloitte Africa, Yomi Olugbenro, also pledged the firm’s support, describing Nigeria’s reforms as a solid foundation for sustainable development.
He said the next challenge would be ensuring that the benefits of the reforms reach ordinary Nigerians through improved service delivery and economic opportunities.
“We believe the foundation has been solidly laid. The bigger task now is to extract greater value from these reforms and deliver the dividends of democracy to Nigerians. Drawing on our global experience in supporting governments, we believe Nigeria can benefit significantly from our expertise,” Olugbenro said.
The meeting was attended by the Chairman of the Nigerian Revenue Service, Zacch Adedeji, alongside senior government officials.