(President Bola Tinubu. Photo by Arise News)
President Bola Ahmed Tinubu has said Nigeria’s economy is recording steady growth, attributing this to the Federal Government’s ongoing financial, fiscal and revenue reforms, which he said continue to strengthen key economic indicators.
The President made the remarks 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 collaboration in areas such as investment, digital transformation, youth training and job creation.
Tinubu said the reforms undertaken by his administration over the past three years had helped stabilise the economy and lay a stronger foundation for sustainable growth.
While acknowledging that some measures had brought hardship to Nigerians, he maintained that the policies were necessary to address long-standing structural problems.
He explained that reforms in taxation, revenue mobilisation and public finance management were already yielding positive results and would continue to drive economic growth, noting that his administration had strengthened the country’s fiscal and revenue systems, repositioned financial institutions and improved Nigeria’s competitiveness within the global economy.
He thanked Deloitte Africa for its interest in the government’s economic programme and encouraged the firm to expand its involvement in Nigeria by investing in the training and recruitment of young people, recalling the organisation’s strong reputation in professional development and accounting training, which he said could help prepare Nigerian youths for opportunities in the evolving global economy.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, also briefed the delegation on the government’s fiscal, tax and revenue reforms, urging Deloitte to prioritise youth development and capacity building in its operations and partnerships in Nigeria.
Redfearn explained that Deloitte’s global operations are centred on digital and business transformation, disclosing that the firm has more than 500,000 employees worldwide, including over 6,000 across Africa, and recorded global revenue of $74 billion in 2025.
She said Deloitte was ready to support the Tinubu administration through both its local Nigerian team and its global network of experts, describing the visit as an offer of service backed by capacity on the ground and globally.
Chief Executive Officer of Deloitte West Africa, Yomi Olugbenro, said the government had laid a solid foundation through its reform programme but stressed the need to ensure that its benefits reach ordinary Nigerians.
He said the next phase should focus on translating the reforms into improved living conditions, employment opportunities and measurable dividends for citizens, adding that Deloitte could draw on its experience supporting governments and institutions in other countries to help Nigeria derive greater value from its reforms.
He maintained that while the groundwork had been solidly laid, more needed to be done to deliver the dividends of democracy to ordinary Nigerians.
The meeting was also attended by the Chairman of the Nigeria Revenue Service, Zacch Adedeji, and other senior government officials.