Business

Sanwo-Olu lauds Flutterwave for processing over $50b transactions across 36 nations

Lagos State Governor Babajide Sanwo-Olu commended the achievements of Flutterwave and its founders, emphemphasising critical role of opportunity and resilience in driving Nigeria’s growth.

Speaking at the 10th-anniversary inaugural gala night of the fintech company held at the luxury ‘The Delborough Lagos’ during the week, Sanwoolu highlighted the importance of empowering young Nigerians to achieve global excellence.

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Sanwoolu recalled the evolution of Nigeria’s telecommunications landscape, noting the challenges of earlier decades when making international calls was cumbersome and costly.

He praised the leadership of former President Olusegun Obasanjo and former Sierra Leone President Ernest Bai Koroma for laying foundations that enabled the country’s economic and technological progress.

The governor commended Flutterwave’s founder and Chief Executive Officer, Olugbenga Agboola (GB), for transforming payment infrastructure and creating a platform that has processed over $50 billion in transactions in just ten years.

“We must give young Nigerians the opportunity to fly,” Sanwoolu said, urging that the nation harness its talents and support innovative ventures that can position Nigeria as a global leader.

He also acknowledged other key figures in technology and finance, including Dr. Cosmas Maduka, and highlighted Lagos’ readiness to host businesses that drive growth and international partnerships.

Sanwoolu concluded by calling for continued investment in infrastructure and education to ensure Nigeria’s youth can fully realize their potential and contribute meaningfully to the country’s development.

Among those who stormed at the prestigious ‘The Delborough Lagos’ for the gala night were former President Olusegun Obasanjo (GCON) of Nigeria; former President Ernest Bai Koroma of Sierra Leone; and Lagos State Governor, Babajide Olusola Sanwo-Olu.

Also present were the Founder of Coscharis Group, Dr Cosmas Maduka; Chairman of the Board of Directors of MTN Nigeria, Ernest Ndukwe; and the Founder and Chief Executive Officer of Stanel Group and The Delborough Lagos, Dr Stanley Uzochukwu.

The event equally attracted entertainment personalities, including singer Tiwa Savage, former Big Brother Naija housemates Dorathy and Erica, as well as actress Omotola Jalade, alongside other notable figures from various sectors.

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