President Bola Tinubu says his administration’s economic reforms are yielding positive results, with Nigeria recording steady progress in fiscal stability, revenue generation and overall economic growth.
The President made the remarks on Wednesday while receiving a delegation from Deloitte Africa, led by its Chief Executive Officer, Ruwayda Redfearn, at the Presidential Villa, Abuja.
Tinubu said the reforms introduced over the past three years were laying a solid foundation for sustainable economic development, despite the initial challenges associated with implementing them.
According to him, the government’s reform agenda is beginning to attract positive assessments as key economic indicators continue to improve.
“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.
He acknowledged that reforms often come with difficult decisions but maintained that the measures were producing the desired results.
“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,” Tinubu stated.
He commended Deloitte for recognising Nigeria’s reform efforts and noted that fiscal, revenue and tax reforms had strengthened the country’s economic outlook.
“The reforms on revenue will continue to stimulate growth. Yes, some issues are difficult; taking the bitter medicine is never easy, but it is working well. Nigeria is making serious foundational progress,” he added.
The President said the reforms had strengthened the fiscal and revenue systems, repositioned financial institutions and enhanced Nigeria’s competitiveness in the global economy.
He also urged Deloitte Africa to deepen its engagement with Nigeria by investing in skills development, training and employment opportunities for the country’s growing youth population.
Recalling his early career in accountancy, Tinubu praised Deloitte’s long-standing reputation for professional development.
“Deloitte has a good training programme, and I believe you will continue to reflect that,” he said.
Also speaking at the meeting, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, urged the firm to support government efforts aimed at building the capacity of young Nigerians.
Earlier, Deloitte Africa CEO Ruwayda Redfearn reaffirmed the organisation’s commitment to supporting Nigeria’s economic transformation.
She said the global professional services firm, which employs more than 500,000 people worldwide, including over 6,000 in Africa, specialises in digital transformation and business advisory services.
According to her, Deloitte generated $74 billion in revenue in 2025 and stands ready to partner with the Nigerian government.
“We are before you to say that we want to serve. We have a local team on the ground, supported by our global network, ready to support your administration as you lead the country,” she said.
The Chief Executive Officer of Deloitte West Africa, Yomi Olugbenro, also pledged the firm’s support for the administration’s reform agenda.
He noted that while the government had laid a strong economic foundation, the next challenge would be ensuring that the benefits of the reforms reach ordinary Nigerians.
Olugbenro said Deloitte would leverage its global expertise and experience gained from supporting governments around the world to help Nigeria maximise the gains of its ongoing reforms.
He added that the firm remained ready to partner with the Federal Government in areas where its expertise could add value and accelerate economic development.
