President Bola Ahmed Tinubu has said Nigeria’s economy is recording steady growth as the Federal Government’s financial, fiscal and revenue reforms continue to strengthen key economic indicators.
The President spoke on Wednesday while receiving a delegation from Deloitte Africa at the State House in Abuja.
The delegation, led by Deloitte Africa Chief Executive Officer, Ruwayda Redfearn, commended the administration’s economic reforms and expressed interest in deepening partnerships in investment, digital transformation, youth training and job creation.
Tinubu said the reforms implemented by his administration over the past three years had helped stabilise the economy and establish a stronger foundation for sustainable growth.
He acknowledged that some of the measures had imposed difficulties on Nigerians but maintained that the policies were necessary to correct long-standing structural problems.
According to the President, the reforms in taxation, revenue mobilisation and public finance management were already producing positive results and would continue to stimulate economic growth.
Tinubu said the administration had strengthened the country’s fiscal and revenue systems, repositioned financial institutions and improved Nigeria’s prospects of becoming more competitive in the global economy.
He thanked Deloitte Africa for showing interest in the government’s economic programme and urged the firm to expand its contribution to Nigeria by investing in the training and recruitment of young people.
The President recalled Deloitte’s strong reputation for professional development and accounting training, noting that the organisation’s capacity-building programmes could help prepare Nigerian youths for opportunities in the evolving global economy.
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, also briefed the delegation on the government’s fiscal, tax and revenue reforms.
Oyedele urged Deloitte to place greater emphasis on youth development and capacity building as part of its operations and partnerships in Nigeria.
Redfearn said Deloitte’s global operations were focused on digital and business transformation.
She disclosed that the organisation had more than 500,000 employees worldwide, including over 6,000 employees across Africa, and recorded global revenue of $74 billion in 2025.
She said Deloitte was prepared to support the Tinubu administration through its local Nigerian team and its global network of experts.
“We are before you to say that we want to serve. We have a local team on the ground that is ready, as well as the global firm, to support you and your administration as you lead the country,” Redfearn said.
Chief Executive Officer of Deloitte West Africa, Yomi Olugbenro, said the government had laid a solid foundation through its reform programme but needed to ensure that the benefits reached ordinary Nigerians.
Olugbenro said the next phase should focus on translating major economic reforms into improved living conditions, employment opportunities and measurable dividends for citizens.
He added that Deloitte could draw from its experience supporting governments and institutions in different countries to help Nigeria extract greater value from the reforms.
“We believe that the ground has been solidly laid. There is a need to truly extract more value and deliver the dividends of democracy to ordinary Nigerians on the street,” he said.
The meeting was also attended by the Chairman of the Nigeria Revenue Service, Zacch Adedeji, and other senior government officials.
