Tinubu’s Reforms Are Turning Indigenous Firms into Global Brands, Shettima Says

Nigeria’s government wants its homegrown companies to become global brands, Vice President Kashim Shettima said while praising Flutterwave as one of the country’s strongest technology success stories.

Speaking in Abuja during a courtesy visit by a Flutterwave delegation led by Chief Executive Officer and co-founder Olugbenga Agboola, Shettima said reforms across several sectors were helping indigenous firms expand. He named Flutterwave, Moniepoint and Andela among companies benefiting from the administration’s economic policies.

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We have to support and promote our own. We have to make our companies stronger.

“We have to support and promote our own. We have to make our companies stronger,” Shettima said. He described Flutterwave as an example of an African company using local expertise to tackle a problem on the continent, particularly challenges involving digital payments for goods and services.

Flutterwave provides payment infrastructure for global merchants and payment service providers. Shettima assured the company of continued federal government support both in Nigeria and abroad, and credited its progress to committed leadership and expertise.

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It’s a strategic signal of how Nigeria is supporting Nigeria.

Agboola told the vice president that Flutterwave’s goal was to deliver substantial growth in the next few years and remain a major payments and banking company across Africa and the world. He thanked President Bola Tinubu, Shettima and the federal government for their confidence in the company.

“It’s a strategic signal of how Nigeria is supporting Nigeria,” Agboola said. He added that Flutterwave wanted to work with the administration to advance its economic agenda and help move the country forward. Other business figures at the meeting included Stanel Group Chief Executive Stanley Uzochukwu and senior company officials.

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Our goal is to ensure that we do our best to help move Nigeria forward.