Vice President Kashim Shettima has said the economic reforms of President Bola Ahmed Tinubu’s administration are creating an enabling environment for indigenous Nigerian companies to transform into globally recognised brands.
Shettima made the remarks on Monday in Abuja when he received a delegation from Flutterwave, led by its Chief Executive Officer and Co-Founder, Olugbenga Agboola, on a courtesy visit.
The Vice President specifically commended Flutterwave for building what he described as one of Africa’s most compelling technology success stories from Nigeria.
According to him, indigenous companies such as Flutterwave, Moniepoint and Andela are leveraging the opportunities created by the administration’s reforms to expand their operations, scale their businesses and compete internationally.
“We have to support and promote our own. We have to make our companies stronger,” Shettima said, assuring the Flutterwave team of the Federal Government’s continued support both within and outside Nigeria.
He attributed Flutterwave’s growth to committed leadership and expertise, particularly its ability to develop indigenous solutions to challenges affecting Africa.
The Vice President noted that the company’s success story was particularly significant because it had demonstrated the capacity to “solve an African problem using an indigenous solution,” especially in the area of digital payments for products and services.
Flutterwave is a Nigerian fintech company that provides payment infrastructure for global merchants and payment service providers.
Earlier, Agboola told the Vice President that the company’s goal was to achieve massive growth over the next few years and consolidate its position as a leading payments and banking technology company in Africa and globally.
He expressed appreciation to President Tinubu, the Vice President and the Federal Government for the confidence reposed in the company, describing the engagement as “a strategic signal of how Nigeria is supporting Nigeria.”
Agboola said Flutterwave was committed to supporting the administration’s economic agenda and contributing to Nigeria’s development.
“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,” he said.
He reaffirmed the company’s Nigerian identity and commitment to the country.
“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,” Agboola added.
Also present at the meeting was the Chief Executive Officer of Stanel Group, Stanley Uzochukwu, alongside other senior management staff of Flutterwave.
The meeting reflects the Federal Government’s stated commitment to supporting indigenous businesses and strengthening Nigerian companies to compete more effectively in the global economy.