President Bola Tinubu has said Nigeria’s economy is experiencing steady growth following three years of fiscal and economic reforms, as global professional services firm Deloitte Africa pledged stronger collaboration to support investment, digital transformation, youth skills development and job creation.
Speaking on Wednesday while receiving a delegation from Deloitte Africa led by its Chief Executive Officer, Ruwayda Redfearn, at the Presidential Villa in Abuja, Tinubu said the government’s reform agenda had begun laying a stronger foundation for long-term economic growth despite the initial challenges.
The meeting was attended by Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and Chairman of the Nigerian Revenue Service (NRS), Zacch Adedeji.
Tinubu: Economic Reforms Are Delivering Results
President Tinubu acknowledged that many of the government’s reforms had required difficult policy decisions but maintained they were beginning to stabilize Africa’s largest economy.
“We are changing things from the foundation and building the future our people deserve,” Tinubu said.
“Reforms are never easy, but if they are properly implemented, they deliver lasting benefits. Today, Nigeria is making significant foundational progress.”
According to the President, reforms in public finance, taxation and revenue administration have strengthened Nigeria’s fiscal position, improved the financial sector and enhanced the country’s competitiveness in the global economy.
He said the government remains committed to sustaining revenue reforms that will stimulate economic growth and improve investor confidence.
Deloitte Africa Commits to Supporting Nigeria’s Growth Agenda
Deloitte Africa praised Nigeria’s ongoing economic reforms and expressed readiness to deepen its partnership with the government through investment advisory, business transformation and human capital development.
Redfearn said Deloitte operates in more than 150 countries, employs over 500,000 professionals globally, including more than 6,000 across Africa, and generated $74 billion in global revenue in 2025.
“We are here because we want to serve,” she said.
“Our local Nigerian team, together with our global network, is ready to support your administration as it advances the country’s development agenda.”
She noted that Deloitte’s expertise in digital transformation, governance, finance and business advisory could help accelerate Nigeria’s economic modernization.
Tinubu Calls for Youth Skills Development and Employment
President Tinubu urged Deloitte Africa to expand its role in developing Nigeria’s young workforce through professional training, skills development and employment opportunities.
He commended Deloitte’s longstanding reputation for talent development, recalling his early professional experience in the accounting profession.
“Deloitte has an excellent training culture, and I believe you can make an even greater impact by helping to train and recruit Nigeria’s dynamic youth population,” the President said.
Finance Minister Urges Focus on Capacity Building
Finance Minister Taiwo Oyedele also encouraged Deloitte Africa to prioritize capacity building and workforce development as part of its engagement with Nigeria.
He said strengthening technical skills among young Nigerians would support the country’s broader economic transformation agenda and improve productivity across key sectors.
Deloitte West Africa Sees Opportunity to Deepen Reform Impact
Chief Executive Officer of Deloitte West Africa, Yomi Olugbenro, said Nigeria had laid a strong policy foundation through ongoing reforms but stressed that the next phase should focus on ensuring ordinary citizens benefit from the changes.
“The foundation has been laid. The next challenge is translating those reforms into tangible improvements in the lives of everyday Nigerians,” Olugbenro said.
He added that Deloitte would leverage its global experience in supporting governments and businesses worldwide to help Nigeria maximize the impact of its reform programme.
“With the capabilities of our global network and our experience across multiple countries, we believe Nigeria can benefit significantly from proven international best practices,” he said.
Economic Reform Remains Central to Government Strategy
The meeting underscores the Tinubu administration’s continued efforts to attract private-sector partnerships as Nigeria pursues structural reforms aimed at improving fiscal sustainability, strengthening public finances and boosting long-term economic growth.
The government’s economic agenda has focused on tax reforms, revenue mobilisation, fiscal consolidation, financial sector reforms and improving the investment climate to position Nigeria as a more competitive destination for global capital and business.