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Stakeholders Gear up for 2nd Coworking Confab in Lagos

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Stakeholders Gear up for 2nd Coworking Confab in Lagos

By Dipo Olowookere

On Thursday, July 26, 2018, policymakers, entrepreneurs, investors, service providers, the media and coworking space operators will gather at the IMAX Filmhouse in Lekki, Lagos for the second coworking conference.

Organisers of the event, Venia Business Hub, explained that the Coworking Conference 2018 is aimed at connecting the dots on how coworking, co-creation, collaboration and technology are spurring innovation, entrepreneurship, wealth and job creation while charting the course for a new economy and the future of work.

It was disclosed that pre-qualified entrepreneurs, freelancers, service providers and investors can attend the event, which is sponsored by Access Bank Plc, for free.

The theme for this year’s event, according to the organisers, is ‘Coworking: The Catalyst for Innovation.’

Those pencilled down to speak at the conference include Dr Omobola Johnson, Partner at TLCom and former Honourable Minister of Communication Technology; Iyin Aboyeji of Flutterwave, Africa’s leading payment platform; Kola Aina, Chairman, Ventures Park, and Ola Brown of Greentree Investment Company.

“We are happy to see various stakeholders embracing coworking and leveraging on its possibilities to drive entrepreneurship. LagosInnovates is one such example of the response to coworking conference and we expect to see much more exciting collaborations and initiatives by various ecosystem enablers,” said Kola Oyeneyin, CEO, Venia Business Hub and Creator, Coworking Conference Nigeria.

“Access Bank is recognised as a leading Bank in driving digital banking and fintech innovation in Africa. We seek to create new opportunities in emerging markets by providing a platform designed to inspire and challenge innovators and entrepreneur.

“As such, we have partnered with Coworking Conference Nigeria and leveraged on our global platform to further foster innovation, drive entrepreneurship as well as economic development,” stated Victor Etuokwu, the Executive Director of the Personal Banking Division, at Access Bank.

With an annual growth rate of 24.2 percent, coworking is an emerging phenomenon that is shaping the entrepreneurial ecosystem globally with new coworking spaces popping up in most major cities. It is predicted that by 2022, there will be over 30,432 coworking spaces with over 5.1 million coworking members.

In Africa alone, over 250 coworking spaces have sprung up just within a decade. Interestingly, 80 percent of these spaces were established in the last four years.

Since its inception in Nigeria a few years ago, the coworking movement has continued to gain momentum, with a surge in the number of coworking spaces across the country, especially in the city of Lagos.

The country’s entrepreneurial ecosystem has seen a fundamental shift since the emergence of coworking and tech hubs, with many leading startups like Taxify, Flutterwave, Branch Int’l, and AutoGeni tracing the start of their journeys to coworking spaces.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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Group Reports Lagos Government to Buhari

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Shangisha Magodo group

By Mohammed Kerimu

The Shangisha/Magodo Landlords Association of Nigeria has petitioned President Muhammadu Buhari over the refusal of the Lagos State Government to execute the ruling of the Supreme Court on the return of 549 plots of land to its original owners by the state.

In a document submitted to the Presidency and sighted by this reporter, the association expressed optimism that Mr Buhari would do justice to the matter he has demonstrated that a strong judiciary is a sine qua non for the operation and sustenance of democracy which he had vowed to defend.

The group further noted that since their story is similar to that of Mr President, who faced several denials in his electoral victories before God intervened in his fourth outing, he will finally lay their matter to rest since he was the Head of States about 37 years ago when they were forcefully evicted from their land.

It will be recalled that after its first judgement, the Supreme Court on March 1, 2016, again voiced out its displeasure with Lagos State Government and the state Chief Judge over their refusal to execute its earlier judgement; warning of the dangers it portends for the state to deliberately refuse to carry out its order concerning the Shangisha/Magodo land.

However, analysts are of the view that the refusal by the Lagos State Government to execute the judgement of the Supreme Court, which is the highest court in the land, is sending wrong signals to foreign investors who needed assurance of a strong judicial system before committing their resources for investment in the country.

They warned that if nothing was done to compel the state to toe the line of law and order, the country may be up for doom as no serious investor will consider a country with a weak legal system in their investment decisions.

Following the refusal of Lagos State to execute the ruling of the Supreme Court on the return of Shangisha/Magodo land which it forcefully acquired from its owners without building any public interest institution on it, the question many are asking is when did Lagos State secede from Nigeria that the ruling of the country’s apex court could no longer be binding on it?

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We Cater for Over 17.5 Million Nigerian Orphans—SOS Children’s Villages

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SOS Children's Villages

By Ashemiriogwa Emmanuel

Over 17.5 million orphans in Nigeria are being catered for under the watch of the SOS Children’s Villages in Nigeria.

The independent, non-governmental, non-profit international development organization, in addition, runs family strengthening programs, where children and families in need benefit from vocational training, care, medical and food assistance.

The National Director of the SOS Children’s Villages in Nigeria, Mr Eghosa Erhumwunse, recently disclosed this in Isolo, Lagos, while receiving food items donated by Crown Flour Mill (CFM) Limited, producers of the popular Mama Gold flour and semolina brands and Crown Pasta food products.

Thanking the firm for the humanitarian gesture, he said, “By making this food donation to bring relief to the children at the Villages, Crown Flour Mill Limited has demonstrated that it is a business that values the wellbeing of its host communities.

“We cater for over 17.5 million orphans in Nigeria. Our in-country strategic partners have been instrumental in ensuring the vulnerable segments are able to survive the various shocks of the ongoing global crises and local challenges.”

Some of the food items donated included Crown Premium Spaghetti bags of Mama Gold Semolina and Crown Supreme Semolina and a range of sanitary products and toiletries.

In addition to these, a cookout for over 480 students of Biyamusu Primary School, Ajingi, Kano was also organized by the firm along with the donation of food products and toiletries to the wards of Nasarawa Children’s Home an orphanage also in Kano state.

These contributions supported by the flour milling firm were in line with its series of activities lined up to commemorate the 2021 World Food Day (WFD) tagged: Our actions are our future – Better production, better nutrition, a better environment, and a better life.

Speaking during the visit, the Managing Director of Crown Flour Mill Limited, Mr Ashish Pande, lamented the gap that exists between many children and their access to a healthy future.

He reiterated the firm’s determination in providing consumers, the underprivileged, and people affected by food shortage with access to affordable and nutritious food options.

On her part, the Corporate Affairs Manager at Olam Nigeria, Ms Damilola Adeniyi, said, “No one, most of all children, deserves to suffer hunger or lack access to good food.

“Therefore, we are taking actions that align with the United Nations’ Sustainable Development Goals (SDGs) of achieving zero hunger in the world in our business operations, which lay emphasis on food safety, fortification, security, and Corporate Social Investments (CSI) such as this.”

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200 Retirees in Jigawa to Share N331.7m

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Invest Jigawa Roundtable

By Adedapo Adesanya

No fewer than 200 retirees in Jigawa State will share N331.7 million, the Executive Secretary of the Jigawa State and Local Government Contributory Pension Scheme, Mr Kamilu Aliyu, has disclosed.

Speaking on Wednesday in Dutse, Mr Aliyu stated that the beneficiaries were retired from the service in the state, local government and Local Education Authorities (LEAs).

He said that the payment comprises retirement benefits, death benefits, death pension balance and refund of eight per cent contribution.

Breaking down the figures, Mr Aliyu said that 83 of the beneficiaries were from state service, 72 from local government service and 45 from LEAs.

He said that a total of N331.698 million would be paid to 200 retirees in the disbursement exercise.

“Forty-seven beneficiaries from the state service will be paid N99.709 million as retirement benefit, and 52 retirees of the local governments will receive the sum of N72.653 million, while N26.753 million will be paid to 22 beneficiaries from LEAs.

“For the death benefits, 15 retirees from the state will be paid N38.721 million and 14 retirees from the local government will be paid N27.270 million while 18 others from LEAs will get N47.645 million,” he said.

Mr Aliyu said that under the death pension balance, nine beneficiaries from the state would be paid N9.2 million, six retirees from the local government will receive N1.613 million while five others from LEAs will get N6.9 million.

According to him, 12 beneficiaries will receive N1.25 million as a refund of the eight per cent contribution.

The executive scribe reiterated the commitment of the state government to ensure prompt payment of pension and other entitlements to improve the wellbeing of pensioners.

To achieve this, he said, the board had adopted proactive modalities to hasten payment processes of the retirees whenever their number reached about 200.

“We no longer have to wait until we have a large number of retirees.

“This will enable the retirees not wait for long or suffer before they start enjoying their benefits after disengagement from the service,” he stated.

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