Vice President Kashim Shettima has attributed the growing success of Nigerian-owned companies expanding into global brands to the economic reforms introduced by the administration of President Bola Ahmed Tinubu.
Shettima said indigenous companies such as Flutterwave, Moniepoint and Andela were leveraging the gains of the administration’s reforms across various sectors to expand their operations and strengthen their businesses.
The Vice President spoke on Monday in Abuja when he received a delegation from Flutterwave, led by its Chief Executive Officer and co-founder, Olugbenga Agboola.
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Flutterwave is a Nigerian fintech company that provides payment infrastructure for global merchants and payment service providers.
Shettima assured the Flutterwave team of the Federal Government’s continued support for the company’s operations within and outside Nigeria.
“We have to support and promote our own. We have to make our companies stronger,” he said.
The Vice President said Flutterwave’s success could be attributed to its ability to develop indigenous solutions to address African challenges, particularly in the digital payments sector.
According to him, the company had demonstrated how Nigerian firms could develop solutions capable of competing on the global stage.
Earlier, Agboola told the Vice President that Flutterwave’s goal was to achieve massive growth over the next few years and consolidate its position as a leading payments and banking company in Africa and globally.
He expressed appreciation to President Tinubu, Shettima and the Federal Government for the confidence reposed in the company, describing it as a strategic signal of the government’s support for Nigerian businesses.
“Your Excellency, it’s my honour to be here today. Like I said, our goal is to partner with you and your team to reason how we can do more to advance the administration’s amazing economic agenda that we have seen working right now in the country. We want to be a part of that positive story,” Agboola said.
He added, “We are very much a Nigerian company. I’m very much Nigerian. Nigeria is our home. And everybody here, as you can see, they’re all Nigerians. Our goal is to ensure that we do our best to help move Nigeria forward.”
The meeting was also attended by the Chief Executive Officer of Stanel Group, Stanley Uzochukwu, and other senior management staff.