Sanwo-Olu Applauds Flutterwave's $50 Billion Transaction Achievement Across 36 Countries
Lagos State Governor Babajide Sanwo-Olu has publicly commended the fintech company Flutterwave and its founders for their remarkable achievements, highlighting the critical role of opportunity and resilience in driving Nigeria's economic and technological advancement. Speaking at the 10th-anniversary inaugural gala night of Flutterwave, held at the luxury venue 'The Delborough Lagos' during the week, Sanwo-Olu emphasized the importance of empowering young Nigerians to achieve global excellence.
Governor's Speech on Youth Empowerment and Technological Progress
In his address, Governor Sanwo-Olu recalled the evolution of Nigeria's telecommunications landscape, noting the significant challenges of earlier decades when making international calls was both cumbersome and costly. He praised the foundational efforts of former President Olusegun Obasanjo and former Sierra Leone President Ernest Bai Koroma, whose leadership laid the groundwork for the country's subsequent economic and technological progress.
The governor specifically commended Flutterwave's founder and Chief Executive Officer, Olugbenga Agboola (known as GB), for transforming payment infrastructure and creating a platform that has processed over $50 billion in transactions across 36 nations in just ten years. "We must give young Nigerians the opportunity to fly," Sanwo-Olu stated, urging the nation to harness its talents and support innovative ventures that can position Nigeria as a global leader in the fintech sector.
Key Figures and Event Highlights
The prestigious gala night attracted a host of notable personalities from various sectors, underscoring the event's significance. Among the distinguished guests were:
- Former President Olusegun Obasanjo (GCON) of Nigeria
- Former President Ernest Bai Koroma of Sierra Leone
- Lagos State Governor Babajide Olusola Sanwo-Olu
- Founder of Coscharis Group, Dr. Cosmas Maduka
- Chairman of the Board of Directors of MTN Nigeria, Ernest Ndukwe
- Founder and Chief Executive Officer of Stanel Group and The Delborough Lagos, Dr. Stanley Uzochukwu
The event also drew entertainment personalities, including singer Tiwa Savage, former Big Brother Naija housemates Dorathy and Erica, and actress Omotola Jalade, alongside other influential figures from business, technology, and finance.
Call for Continued Investment and Support
Governor Sanwo-Olu concluded his remarks by calling for sustained investment in infrastructure and education to ensure Nigeria's youth can fully realize their potential and contribute meaningfully to the country's development. He highlighted Lagos's readiness to host businesses that drive growth and foster international partnerships, acknowledging other key figures in technology and finance, such as Dr. Cosmas Maduka, for their contributions.
This celebration not only marks Flutterwave's decade of success but also serves as a testament to the transformative power of innovation and resilience in Nigeria's evolving economic landscape.
