Tinubu seeks deeper Deloitte partnership as firm backs Nigeria’s economic reforms

President Bola Tinubu has received commendation from Deloitte Africa over his administration’s ongoing financial and fiscal reforms, with the global professional services firm expressing readiness to deepen its partnership with Nigeria in areas of investment, digital transformation, youth development and job creation.

The endorsement came on Wednesday when the President hosted a delegation from Deloitte Africa, led by its Chief Executive Officer, Ruwayda Redfearn, at the State House in Abuja.

Speaking during the meeting, Tinubu said his administration’s reforms had steadily stabilised the economy over the past three years, noting that the country was beginning to attract positive reviews for its economic performance and growth prospects.

According to the President, the reforms were laying a strong foundation for sustainable development despite the initial challenges associated with implementing difficult policy decisions.

“We are following the example of Deloitte’s greatness to change things from the foundation, building the necessary future for our people,” Tinubu said.

He acknowledged that economic reforms often require sacrifices but maintained that the measures being implemented were already yielding positive results.

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“Reforms are difficult. Some issues require taking bitter medicine, but it is working well. Nigeria is making serious foundational progress,” he stated.

The President noted that reforms in revenue generation, taxation and public finance had strengthened the economy, improved fiscal management, repositioned financial institutions and enhanced Nigeria’s competitiveness in the global economy.

Tinubu also urged Deloitte Africa to contribute more directly to Nigeria’s development by expanding opportunities for training and employing the country’s growing youth population.

Recalling his early career in accounting, the President praised Deloitte’s reputation for professional development.

“Deloitte has a good training programme, and I believe you will continue to reflect that,” he said.

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, also highlighted the impact of the administration’s reforms and encouraged the accounting and consulting firm to support capacity-building initiatives for Nigerian youths.

Earlier, Deloitte Africa CEO Ruwayda Redfearn reaffirmed the firm’s commitment to supporting the Tinubu administration’s economic agenda.

She disclosed that Deloitte operates in more than 150 countries with over 500,000 employees globally, including more than 6,000 across Africa, and generated $74 billion in revenue in 2025.

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

Also speaking, Deloitte West Africa CEO Yomi Olugbenro said the firm believed Nigeria had laid a solid foundation through the ongoing reforms and now needed to ensure that the benefits reached ordinary citizens.

He said Deloitte would leverage its global expertise and experience in supporting governments around the world to help Nigeria maximise the gains of its reform programme.

“We believe the ground has been solidly laid. The bigger work now is how to cascade those reforms further so that ordinary Nigerians enjoy the dividends of democracy,” Olugbenro said.

He added that Deloitte was ready to partner with the Federal Government in areas where its global expertise could add value to the country’s economic transformation agenda.