Tinubu to Deloitte Africa: Nigeria’s Economy is on Steady Growth

President Bola Tinubu asserted that Nigeria's economy is experiencing steady growth, attributing this to the financial and fiscal reforms implemented during his tenure. Speaking on Wednesday while receiving a delegation from Deloitte Africa, he declared that these measures have stabilized the nation's economy over the past three years, leading to positive development and growth indicators.

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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," Tinubu stated, acknowledging the challenges but emphasizing the positive outcomes. He highlighted that the reforms have stimulated the economy, strengthened fiscal and revenue sectors, and repositioned financial institutions for greater global competitiveness.

The President encouraged Deloitte Africa to enhance its contribution to Nigeria's economy by focusing on training and employing the country's dynamic youth. He drew a parallel to his own early career experiences in accountancy, expressing confidence in Deloitte's training programs. "The family of Deloitte; you just reminded me of my cradle years in accountancy and where I cut my childhood accounting teeth in Chicago," he remarked.

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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.

Taiwo Oyedele, the Minister of Finance and Coordinating Minister of the Economy, also addressed the delegation, detailing the reforms and their impact. He urged Deloitte to prioritize capacity building among Nigerian youths. The CEO of Deloitte Africa, Ruwayda Redfearn, commended Nigeria's reforms and expressed the firm's desire to deepen its partnership, focusing on investment support, youth training, and employment. Redfearn noted Deloitte's global presence, with over 500,000 employees worldwide, including more than 6,000 in Africa, and reported a global revenue of $74 billion in 2025.

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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.