By Jane Okafor, Abuja
President Bola Ahmed Tinubu has declared that Nigeria’s economy is on a steady path to growth, saying the administration’s fiscal and financial reforms have begun to yield tangible results despite the initial challenges.
The President made the remarks on Wednesday while receiving a delegation from Deloitte Africa, led by its Chief Executive Officer, Ruwayda Redfearn, at the State House in Abuja.
Tinubu said the reforms implemented over the past three years had strengthened the nation’s economic foundations, stabilised key sectors and attracted increasing recognition for positive growth indicators.
According to him, the government remains committed to deepening revenue reforms to sustain economic expansion and improve 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.
“Yes, reforms are difficult. It has not been a McDonald’s customer relationship but a harvester of good things, if implemented well, and that is what we are about,” the President said.
He acknowledged that the reforms had required painful adjustments but maintained that the policies were producing positive outcomes.
“Some issues are difficult to take the bitter medicine, but it is working well. For the economy, Nigeria is making serious foundational progress,” he added.
Tinubu also commended Deloitte Africa for its interest in Nigeria’s economic transformation and urged the global professional services firm to expand its contribution by investing in youth development through training and employment opportunities.
Recalling his early career in accountancy, the President praised Deloitte’s reputation for professional development.
“Deloitte has a good training programme, and I believe you will continue to reflect that,” he said.
The meeting was attended by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and the Chairman of the Nigerian Revenue Service, Zacch Adedeji.
Speaking at the meeting, Oyedele highlighted the impact of the administration’s fiscal and tax reforms and encouraged Deloitte to partner with the government in building the capacity of young Nigerians.
Earlier, Deloitte Africa CEO Ruwayda Redfearn reaffirmed the organisation’s readiness to support the Tinubu administration in driving economic transformation.
She said Deloitte, which recorded global revenue of $74 billion in 2025, employs more than 500,000 professionals worldwide, including over 6,000 staff across Africa.
“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 support your administration as you lead the country,” Redfearn said.
Also speaking, Deloitte West Africa CEO Yomi Olugbenro said the firm believed Nigeria had laid a solid foundation through the ongoing reforms and pledged to deploy its global expertise to help translate the policies into tangible benefits for citizens.
He stressed that Deloitte’s experience supporting governments around the world would enable it to assist Nigeria in expanding the impact of its reforms and delivering greater economic dividends to ordinary Nigerians.
The visit comes as the Tinubu administration continues to seek stronger partnerships with the private sector and international organisations to accelerate economic growth, attract investment and create jobs for the country’s growing youth population.
