By Abigail David
President Bola Tinubu says Nigeria’s economy is making “serious foundational progress” despite the challenges associated with the economic reforms introduced by his administration.
The President made the remarks while receiving a delegation from Deloitte Africa, led by its Chief Executive Officer for Africa, Ruwayda Redfearn, at the State House in Abuja, according to a statement issued on Wednesday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.
Tinubu acknowledged that the reforms had been difficult but said they were beginning to strengthen the country’s fiscal and revenue systems and lay the foundation for long-term economic growth.
“Yes, reforms are difficult, but they are working well. For the economy, Nigeria is making serious foundational progress,” the President said.
He also encouraged Deloitte to expand its investment in Nigeria by supporting youth development through training and employment opportunities.
Redfearn reaffirmed Deloitte Africa’s commitment to supporting the Federal Government’s reform agenda, stating that the firm’s local and global teams were ready to provide expertise to advance Nigeria’s economic transformation.
Also speaking, Deloitte West Africa Chief Executive Officer Yomi Olugbenro said the reforms had created a solid foundation but stressed the need to ensure their benefits reached ordinary Nigerians. He said the firm was prepared to leverage its global experience to support the country’s development.
The meeting was attended by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele, and the Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji.
