President Bola Tinubu on Wednesday said that Nigeria’s economy is on a steady growth path after three years of bold and strategic financial, and fiscal reforms.
The President therefore, urged greater collaboration with Deloitte Africa to channel investment and jobs into the country.
NewsQuest reports that Deloitte Africa is a one-network of cross-border advisory platform for businesses operating on the continent.
Speaking at the Presidential Villa, Abuja after receiving a delegation led by Deloitte Africa CEO Ruwayda Redfearn, President Tinubu described the reforms of his government as foundational work that had begun to stabilize public finances and spur measurable improvement in economic indicators.
“We are following the example of Deloitte’s greatness to change things from the foundation, building the necessary future for our people,” he said.
While acknowledging the political and social difficulty of the reforms, President Tinubu compared the process to “a harvester of good things” that yields benefits if implemented properly.
Special Adviser on Information and Strategy to the President Bayo Onanuga in a statement said the benefits include strengthened fiscal controls, improved revenue collection and a repositioned financial sector meant to make Nigeria more globally competitive.
The President thanked the firm for engaging with the administration and repeated his call for private-sector help in training and hiring Nigeria’s youth.
“If implemented well…some issues are difficult to take — the bitter medicine — but it is working well. For the economy, Nigeria is making serious foundational progress,” he told visiting executives.
Onanuga said the meeting was attended by Finance Minister and Coordinating Minister of the Economy Taiwo Oyedele and Federal Inland Revenue Service Executive Chairman Zacch Adedeji.
In his remarks, Oyedele urged Deloitte to focus specifically on capacity building among young Nigerians as part of any partnership.
Ms. Redfearn, who told the President that Deloitte employs more than 500,000 people globally and over 6,000 across Africa, said the firm’s 2025 revenue was $74 billion.
“We are before you to say that we want to serve,” Ms. Redfearn said, adding that Deloitte has a local team prepared to support the administration’s agenda on digital and business transformation.
Yomi Olugbenro, CEO of Deloitte Africa, said the firm’s experience advising governments and companies worldwide positions it to help “extract more value and deliver the dividends of democracy to ordinary Nigerians.”
He urged clearer direction from the presidency on where Deloitte’s capabilities would be most useful.
Our correspondents gathered that the visit signals growing interest among multinational professional-services firms in partnering with Nigeria as the government seeks to deepen reforms intended to expand revenue, attract investment and address unemployment among a large youth population.
