President Bola Ahmed Tinubu has received commendation from Deloitte Africa for the ongoing financial and fiscal reforms in the country and whas been encouraged to pursue a stronger partnership that supports investment, youth training and employment.
The President, who received a delegation from Deloitte Africa led by its Chief Executive Officer (CEO), Ruwayda Redfearn, on Wednesday at the State House, said the reforms had steadily stabilised the economy over the past three years, with growing recognition 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 further said the reforms had stimulated the economy, strengthened the fiscal and revenue sectors, repositioned financial institutions and prepared the country to become more globally relevant and competitive.
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In a statement signed by the President’s spokesperson, Mr Bayo Onanuga, the President urged Deloitte Africa to deepen its impact on the Nigerian economy by training and recruiting the country’s dynamic youth population.
“The family of Deloitte; you just reminded me of my cradle years in accountancy and where I cut my childhood accounting teeth in Chicago. Deloitte has a good training programme, and I believe you will continue to reflect that,’’ he stated.
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, who spoke on the reforms and their impact, urged the leadership of the accounting and business firm to focus on building capacity among young Nigerians.
The CEO of Deloitte Africa, Ruwayda Redfearn, said the global organisation is primarily focused on digital and business transformation, with more than 500,000 employees worldwide working across various roles and locations, including over 6,000 in Africa.
She said the accountancy firm’s revenue reached 74 billion dollars in 2025.
The Chief Executive Officer of Deloitte Africa, Yomi Olugbenro, assured the President of the firm’s support for the reforms saying Deloitte would leverage its global expertise and experience to help deepen the reforms and ensure their benefits reach ordinary Nigerians.
