President Tinubu pledges support for FINTECH Companies

President Bola Tinubu, has pledged his administration’s support for fintech companies, particularly those providing payment infrastructure services for Nigerians and Africans, while receiving the leadership of Flutterwave and Alami Capital in Abuja on Saturday, 23rd of February 2025.

The president acknowledged the significant progress made by Flutterwave in building capacity in the digital economy sector, and it’s engagement and involvement with Nigerian youths.

He emphasized that the leadership Flutterwave provides in the digital world is what Nigeria needs today, and that he is determined to remove all obstacles to allow companies like Flutterwave to thrive.

His remarks were contained in a statement by the Special Advicer to the President on Information and Strategy, Bayo Onanuga on Saturday, 22nd of February 2025.

The statement partly reads:

“President Tinubu said his administration will support businesses in the financial technology sector that provide payment infrastructure services for Nigerians and Africans.

“He said this when he received the leadership of Flutterwave and Alami Capital in Abuja on Saturday afternoon.

“Flutterwave, a leading Fintech company founded by young Nigerians and headquartered in Lagos, operates in the U.S., Canada, Nigeria, Kenya, Uganda, Ghana, South Africa, and 29 other African countries.

“Olugbenga Agboola, the CEO; Adeleke Adekoya, a co-founder; Oluwabankole Falade and Mitesh Popat, represented Flutterwave at the meeting. Ms Oluseun Olufemi-White represented Alami Capital as its CEO.

“Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun led the delegation to meet President Tinubu. Dr. Armstrong Ume Takang, the Managing Director and Chief “Executive of the Ministry of Finance Incorporated (MOFI), and Dr. Inuwa Kashifu Abdullahi, the Director General/ Chief Executive Officer of the National Information Technology Development Agency (NITDA), also attended.

“President Tinubu said Nigeria is genuinely open to business, and as President, he is determined to remove all obstacles to allow companies to thrive.

“He commended Flutterwave’s commitment to building capacity in the digital economy sector, especially as it is being made possible by energetic, young Nigerians. He said he is honoured to be the President of a country with such a youthful and resourceful population.” [CONTINUE READING HERE]>>>>>