Our reforms transforming indigenous firms into global brands — Shettima

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…