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Osinbajo credits success of Flutterwave, PiggyVest, others to good govt policies


Vice-President, Prof Yemi Osinbajo

Vice President Yemi Osinbajo has attributed the success of payment processing, saving and investment platforms such as Flutterwave and PiggyVest to providence and good government policies.

Speaking at a graduation ceremony at the National Institute of Policy and Strategic Studies in Jos on Saturday, Osinbajo said the recently approved 2021 – 2025 National Development Plan would usher a new season of accelerated growth in Nigeria due to its focus on value addition as a major pivot to boost productivity in all sectors.

According to a statement signed by the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, Osinbajo said if the country was to inaugurate a new age of accelerated growth, it must adopt a new strategic direction and policy orientation.

He said, “This is precisely what the Federal Government seeks to do through the National Development Plan 2021-2025, which was recently approved by the Federal Executive Council.”

The Vice President cited the emergence of Unicorns from Nigeria, stating that “six of those companies started in 2016 in the middle of two recessions and the global health crisis.”

A Unicorn is a company that is worth over $1bn.

He affirmed that some of the successes recorded by those Unicorn-Nigerian start-ups owned by young men and women could be attributed to providence and good policies.