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President Bola Tinubu on Wednesday said Nigeria’s economy is on a steady path to recovery and growth, as he welcomed a delegation from Deloitte Africa to the State House in Abuja and received the firm’s pledge to support ongoing financial and fiscal reforms.
According to a press release signed by Special Adviser to the President on Information and Strategy, Bayo Onanuga, while receiving Deloitte’s team, led by Africa CEO Ruwayda Redfearn, President Tinubu said three years of policy changes had begun to stabilise the economy and reposition the country for greater global competitiveness.
“We are following the example of Deloitte’s greatness to change things from the foundation, building the necessary future for our people,” Tinubu said. “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.”
Speaking alongside the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and the Chairman of the Federal Inland Revenue Service, Zacch Adedeji, the president credited fiscal and revenue measures with stimulating growth and strengthening financial institutions.
“Thank you for your partnership in paying attention to what we are doing here, as we have heard from the Honourable Minister of Finance about the fiscal, revenue, and tax reforms that have taken place and are moving the nation forward,” he said. “The reforms on revenue will continue to stimulate growth. And the effect of the reform? Yes, some issues are difficult to take the bitter medicine, but it is working well. For the economy, Nigeria is making serious foundational progress.”
Tinubu also urged Deloitte to deepen its impact through skills development and local recruitment of young Nigerians.
“The family of Deloitte; you just reminded me of my cradle years in accountancy and where I cut my childhood accounting teeth in Chicago. Deloitte has a good training programme, and I believe you will continue to reflect that,” he told the visiting delegation.
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Deloitte Africa’s Chief Executive, Ruwayda Redfearn, said the global professional services firm was ready to support Nigeria’s digital and business transformation, highlighting the company’s scale and local presence.
“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,” she said, noting Deloitte’s revenue of $74 billion in 2025 and more than 6,000 employees across Africa.
The CEO of Deloitte Africa, Yomi Olugbenro, told the president that the firm aims to translate national reforms into tangible benefits for ordinary Nigerians.
“We do what we do because of the philosophy that our Africa CEOs talk about – making an impact that matters. Where we are at the moment, 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.
“We do believe that with the capabilities that the firm has all over the world, with half a million people that our CEO spoke about, we have used cases, examples, experiences of how we supported nations all around the world, so Nigeria will definitely benefit from those experiences.”
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, reiterated the government’s commitment to reform and asked Deloitte to prioritise capacity-building for youths as part of any partnership.
The State House said the meeting focused on strengthening public-private collaboration to boost investment, employment, and skills development.
