Our reforms transform local companies into global brands – Shettima

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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 local companies like Flutterwave, Moniepoint and Andela were reaping the benefits of the administration’s reforms in 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 CEO and Co-Founder, Olugbenga Agboola.

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Flutterwave is a Nigerian financial technology 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 ours. We have to strengthen our companies,” 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 companies can develop solutions capable of competing on the global stage.

Earlier, Agboola told the Vice President that Flutterwave’s goal was to achieve massive growth in the coming years and consolidate its position as a leading banking and payments company in Africa and globally.

He expressed gratitude to President Tinubu, Shettima and the federal government for the trust reposed in the company, describing it as a strategic sign of government support for Nigerian businesses.

“Your Excellency, I am honored to be here today. As I said, our goal is to partner with you and your team to reason how we can do more to advance the administration’s incredible economic agenda that we have seen working right now in the country. We want to be part of that positive story,” Agboola said.

He added: “We are very much a Nigerian company. I am very Nigerian. Nigeria is our home. And everyone here, as you can see, are all Nigerians. Our goal is to ensure that we do everything we can to help move Nigeria forward.”

The meeting was also attended by Stanel Group CEO Stanley Uzochukwu and other senior managers..

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