President Bola Tinubu yesterday declared that Nigeria’s economy is on a steady growth path, saying his administration’s fiscal and financial reforms have stabilised the country over the past three years and laid a solid foundation for sustained economic expansion.
The President spoke while receiving a delegation from Deloitte Africa, led by its Chief Executive Officer, Ruwayda Redfearn, at the State House, Abuja, where the global professional services firm commended the administration’s reform agenda and pledged support for investment, youth development and job creation.
Tinubu said although the reforms had required difficult decisions, they were already yielding positive results in the economy.
In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the President said “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”.
He added that the administration’s revenue, fiscal and tax reforms had strengthened the economy, repositioned the financial sector and enhanced Nigeria’s competitiveness in the global market. Africans& Diaspora
“The reforms on revenue will continue to stimulate growth. Some issues are difficult because people have to take the bitter medicine, but it is working well. For the economy, Nigeria is making serious foundational progress,” Tinubu stated.
The President thanked Deloitte Africa for its continued engagement with Nigeria and urged the firm to deepen its contribution to the country’s development by expanding youth training and recruitment programmes. Africans& Diaspora
Recalling his early years in the accounting profession, Tinubu praised Deloitte’s reputation for developing talent.
“Deloitte has a good training programme, and I believe you will continue to reflect that,” he said.
