Tinubu to Deloitte Africa: Our economy is constantly growing – THIS UPDATE

President Bola Ahmed Tinubu, on Wednesday in Abuja, received praise from Deloitte Africa for the ongoing financial and fiscal reforms in the country and was encouraged to pursue a stronger partnership that supports investment, youth training and employment.

The President, who received a delegation from Deloitte Africa, led by Chief Executive Officer (CEO), Ruwayda Redfearn, at State House, said the reforms had steadily stabilized the economy over three years, with growing support for positive development and growth indicators.

“We are following Deloitte’s greatness in changing things from the ground up, building the future needed for our people.

“Yes, reforms are difficult. It wasn’t a relationship with McDonald’s customers, but a collection of good things, if implemented well, and that’s what we’re about.

“Thank you for your cooperation in paying attention to what we are doing here, as we have heard from the Honorable Minister of Finance about the fiscal, fiscal and fiscal reforms that have taken place and are moving the nation forward.

“Revenue reforms will continue to stimulate growth. What about the effect of the reform? Yes, some issues are difficult to take as bitter medicine, but it works well. For the economy, Nigeria is making fundamental and serious progress,” the President said at the meeting, which was also attended by Finance Minister, Taiwo Oyedele and the Chairman of the Nigerian Revenue Agency, Zacch Adedeji.

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 relevant and competitive globally.

The President urged Deloitte Africa to improve its impact on the Nigerian economy by training and recruiting the dynamic youth population.

“The Deloitte family; you reminded me of my early years in accounting and where I cut my teeth in accounting as a kid in Chicago. Deloitte has a good training program and I think you will continue to reflect that,” he said.

The Minister of Finance and Coordinating Minister for Economy, Taiwo Oyedele, who spoke on the reforms and impact, urged the leadership of the Accounting and Trading Society to focus on capacity building among the youth.

Deloitte Africa CEO Ruwayda Redfearn said the global organization is primarily focused on digital and business transformation, with more than 500,000 employees worldwide working in various roles and locations, including more than 6,000 in Africa.

It said the accounting firm’s revenue was $74 billion in 2025.

“We stand before you to say we want to serve. We have a local team on the ground that is ready, as well as a global company, to support you and support your administration as you lead the country,” he said.

Deloitte West Africa CEO Yomi Olugbenro assured the President of the firm’s support for the reforms.

“We do what we do by following the philosophy that our African CEOs talk about: having an impact that matters. Where we are right now, we believe the groundwork has been solidly laid. There is a need to really extract more value and deliver the dividends of democracy to ordinary Nigerians on the street. The bigger work is really about how to cascade some of those big reforms further downstream.

“We believe that with the capabilities that the company has around the world, with the half a million people that our CEO talked about, we have used cases, examples and experiences of how we have supported nations around the world, so Nigeria will definitely benefit from those experiences.

“That’s why we are here and we welcome the invitation that you can give us as to where exactly you want us to support you,” he added.

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