The President made this promise during a meeting with the leadership of Flutterwave and Alami Capital in Abuja on Saturday.
Flutterwave, a prominent Nigerian-founded fintech company headquartered in Lagos, operates across the U.S., Canada, Nigeria, Kenya, Uganda, Ghana, South Africa, and 29 other African nations.
According to a statement issued by Bayo Onanuga, Special Adviser to the President on Information and Strategy, on Saturday, the Flutterwave delegation included CEO Olugbenga Agboola, co-founder Adeleke Adekoya, alongside Oluwabankole Falade and Mitesh Popat. Alami Capital was represented by CEO Oluseun Olufemi-White.
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Minister of Finance and Coordinating Minister of the Economy, Wale Edun, led the delegation, accompanied by Dr. Armstrong Ume Takang, Managing Director and CEO of the Ministry of Finance Incorporated (MOFI), and Dr. Inuwa Kashifu Abdullahi, Director General and CEO of the National Information Technology Development Agency (NITDA).
President Tinubu emphasized his determination to eliminate barriers to business growth, stating, “Nigeria is genuinely open to business,” and expressing pride in the contributions of young Nigerians driving innovation in the digital economy.
He praised Flutterwave’s leadership in the fintech space, noting its positive impact on the country’s economy and its role in simplifying financial transactions for millions of people.
Finance Minister Wale Edun highlighted Flutterwave’s achievements over the past decade, crediting the company with creating jobs and diversifying the economy through digital payment solutions.
Flutterwave CEO Olugbenga Agboola noted the company’s role in enabling Nigerians to access global services in Naira and facilitating remittances from the diaspora. “Flutterwave, valued at over $3 billion, is a Nigerian export and brand employing over 1,000 Nigerians,” he said, adding that the company hopes to list on the Nigerian Exchange with government backing.
Dr. Armstrong Ume Takang of MOFI stressed the importance of showcasing Nigerian products and services across Africa, advocating for local hosting solutions through Galaxy Backbone to reduce costs for companies like Flutterwave.
