By Augustine Ehikioya
President Bola Tinubu, on Wednesday gave assurance to a delegation from Deloitte Africa, led by the Chief Executive Officer (CEO), Ruwayda Redfearn that the Nigerian economy is on steady growth.
The President gave the assurance as he received commendations from the delegation at the State House for the ongoing financial and fiscal reforms in the country. The meeting was attended by the Minister of Finance, Taiwo Oyedele and the Chairman of the Nigerian Revenue Service, Zacch Adedeji.
According to a statement by the Special Adviser on Information and Strategy, Bayo Ononuga, the President, based on the development, is encouraged to pursue a stronger partnership that supports investments, youth training, and employment.
The reforms, the President said, has steadily stabilised the economy over three years, with growing plaudits for positive development and growth indicators.
“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.
“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.
“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,’’ the President said.
President Tinubu said the reforms had stimulated the economy, strengthened the fiscal and revenue sectors, repositioned financial institutions, and prepared the country to be more globally relevant and competitive.
He urged Deloitte Africa to improve its impact on the Nigerian economy by training and recruiting the dynamic youth population.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, who spoke on the reforms and impact, urged the leadership of the accounting and business firm to focus on building capacity among the youth.
The CEO of Deloitte Africa, Ruwayda Redfearn said the global organisation is primarily focused on digital and business transformation, with over 500,000 employees worldwide working across various roles and locations, including over 6,000 in Africa.
She said the accountancy firm’s revenue was $74 billion in 2025.
The Chief Executive Officer of Deloitte Africa, Yomi Olugbenro, assured the President of the firm’s support for the reforms.
