• Why Coworking Spaces Are the Future of Work: Discover Sollace Co-works

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    Why Coworking Spaces Are the Future of Work: Discover Sollace Co-works The traditional office setup is rapidly evolving, and one of the most exciting developments is the rise of coworking spaces. These flexible workspaces have become a game-changer for businesses, freelancers, and remote teams, offering numerous benefits that traditional offices simply can’t match. Whether you're a startup founder, a freelancer, or a team working remotely, coworking spaces provide an ideal environment to boost productivity, creativity, and collaboration. What Are Coworking Spaces? Coworking spaces are shared office environments where individuals and businesses can rent desks or private offices. These spaces are designed to foster community, creativity, and networking, while providing all the essential office amenities like high-speed internet, meeting rooms, and comfortable workstations. The beauty of coworking lies in its flexibility – you can choose a hot desk, dedicated desk, or private office based on your needs. The Benefits of Coworking Spaces Flexibility Coworking spaces offer unmatched flexibility in terms of membership plans. Whether you need a desk for a day or a private office for several months, coworking spaces like Sollace Co-works allow you to scale your workspace as your business evolves. Networking Opportunities Being surrounded by other like-minded professionals offers numerous networking opportunities. You’ll meet people from diverse industries, sparking collaboration and innovation that can propel your business forward. Cost-Effectiveness Maintaining a traditional office can be expensive, especially for startups and small businesses. Coworking spaces eliminate the need for long-term leases and hefty overhead costs, allowing you to access premium office amenities at a fraction of the price. Increased Productivity Coworking spaces provide a conducive environment for work, complete with essential amenities and a distraction-free atmosphere. Whether you’re a solo entrepreneur or a growing team, these spaces are designed to boost focus and productivity. Work-Life Balance Many coworking spaces, like Sollace Co-works, also offer community events and wellness programs, helping to create a balance between work and personal life. A supportive and dynamic environment fosters both professional growth and personal well-being. Why Choose Sollace Co-works? At Sollace Co-works, we offer more than just shared office spaces. Our coworking environment is designed with your success in mind. We provide flexible membership options, high-quality amenities, and a community-focused atmosphere where creativity and innovation thrive. Whether you're looking for a hot desk or a private office, Sollace Co-works ensures you have everything you need to work productively and connect with other professionals. With a central location, fast Wi-Fi, meeting rooms, and a range of workspaces tailored to your needs, Sollace Co-works is the perfect choice for businesses and freelancers looking for a dynamic coworking space. Join us today and experience the future of work. Conclusion Coworking spaces are transforming the way we work, and Sollace Co-works is at the forefront of this movement. Whether you're an individual entrepreneur or part of a growing team, our shared office spaces offer the flexibility, support, and resources you need to succeed. Embrace the coworking revolution and elevate your work experience with Sollace Co-works!
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  • Charles Odii: The Mastermind Behind Nigeria’s SME Revolution

    In a world where innovation and progress are the hallmarks of success, one man is redefining the landscape of Nigeria’s Small and Medium Enterprises (SMEs). Charles Odii, the dynamic leader of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is orchestrating a transformative revolution that is empowering entrepreneurs, creating jobs, and driving national growth.

    In Charles Odii, the spirit of President Bola Tinubu’s Renewed Hope Agenda comes alive. Like a master craftsman, Odii is meticulously shaping the building blocks of Nigeria’s economic future, one innovative initiative at a time, to create a vibrant tapestry of prosperity and progress.

    With his visionary approach and dedication, Odii has been instrumental in unlocking the potential of Nigeria’s SMEs. His trailblazing strategies and initiatives have been yielding remarkable results, drawing international attention and accolades. Under Odii’s leadership, SMEDAN has evolved into a powerhouse of economic transformation, providing critical support to SMEs and nurturing an ecosystem that inspires entrepreneurship, fosters creativity, and stimulates job creation.
    Recognising the imperative of clean energy, Odii has launched a groundbreaking solar-powered garment-making center in collaboration with the United Nations Development Programme (UNDP). This pioneering facility is designed to empower small and medium enterprises (SMEs), providing them with free access to modern garment-making equipment and eliminating the burdens of power costs, machine purchases, and maintenance. Over 120 entrepreneurs benefit from this facility daily, leveraging sustainable and uninterrupted energy supply to drive their businesses forward.

    Odii’s visionary approach extends beyond the center’s operations. He has forged strategic partnerships with NIPOST and God Is Good Logistics, offering SMEs discounted distribution rates of 15% and 20%, respectively. This enables seamless delivery of finished products across Nigeria, further amplifying the center’s impact. Indeed, Odii’s initiative is a shining example of his foresight and pragmatism, tackling the pressing challenges faced by SMEs in Nigeria. By providing a sustainable and efficient energy solution, he is unlocking the potential of entrepreneurs, fostering innovation, and contributing to a cleaner, greener future.

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    Odii’s launch of the Green Energy and Climate Change Desk has supported displaced businesses and promoted green energy solutions, addressing environmental challenges impacting businesses. To foster a motivated workforce, Odii constructed a state-of-the-art secretariat with modern work hubs, dedicated staff, and facilities such as a textile and garment hub for fashion businesses and a woodwork and furniture facility for artisans.

    He also launched the SMEDAN Undergraduate Internship Program (SUIP) at Baze University, providing students with real-world business experience and resources to start, continue, and scale their businesses. Recognising the importance of women in national growth and development, Odii established the Women and Youth Desk Initiative, granting direct access to opportunities designed for women entrepreneurs.

    Furthermore, he created the MSME CLINIC, a weekly one-stop shop where entrepreneurs, regulators, and experienced SME development professionals collaborate to provide mentorship and solutions. He has developed various initiative aimed at promoting farming and food production at the family level, encouraging Nigerians to cultivate a culture of gardening and healthy eating from the comfort of their own homes in consonance with the EveryHomeAGarden of the First Lady Senator Oluremi Tinubu.

    Charles Odii’s creativity knows no bounds, he has transformed and equipped the workforce into a mobile digitally transformed workplace of efficient and effective workplace, thereby engendering higher productivity, progress tracking, with various social clubs that promote healthy lifestyle, focus, and instil a sense of shared mission and peaceful co-existence.

    Charles Odii is an enigma. A rare gem and a replica of what President wanted in the youths of our country. He has shown resilience. He is ubiquitous, touching akll facets and segments of the life of the nation, demonstrating capacity and tenacity of purpose, and proving eloquently and incontrovertibly what happens when innovation meets with passion and both are wed-locked to opportunity. He is indeed the legendary Archimedes’ of our time and have found the answer to national development and economic growth.

    Imagine a Nigeria where entrepreneurship is the engine that drives growth, innovation, and prosperity. A Nigeria where small businesses thrive, creating jobs, wealth, and opportunities for all. This is the Nigeria that Charles Odii envisions, and he’s working tirelessly to make it a reality. Through his groundbreaking initiatives, he’s empowering entrepreneurs, fostering innovation, and unlocking the full potential of the SME sector.

    In the not-too-distant future, historians will look back on Charles Odii’s legacy and marvel at the transformative impact he had on Nigeria’s economy. They’ll tell stories of how he ignited a spark that fueled a revolution in entrepreneurship, innovation, and growth. And as they reflect on his remarkable journey, they’ll be reminded that even the smallest actions can have a profound impact when driven by vision, passion, and a commitment to creating a better future.

    Ochonu is a public affairs analyst writing from Abuja.
    Charles Odii: The Mastermind Behind Nigeria’s SME Revolution In a world where innovation and progress are the hallmarks of success, one man is redefining the landscape of Nigeria’s Small and Medium Enterprises (SMEs). Charles Odii, the dynamic leader of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is orchestrating a transformative revolution that is empowering entrepreneurs, creating jobs, and driving national growth. In Charles Odii, the spirit of President Bola Tinubu’s Renewed Hope Agenda comes alive. Like a master craftsman, Odii is meticulously shaping the building blocks of Nigeria’s economic future, one innovative initiative at a time, to create a vibrant tapestry of prosperity and progress. With his visionary approach and dedication, Odii has been instrumental in unlocking the potential of Nigeria’s SMEs. His trailblazing strategies and initiatives have been yielding remarkable results, drawing international attention and accolades. Under Odii’s leadership, SMEDAN has evolved into a powerhouse of economic transformation, providing critical support to SMEs and nurturing an ecosystem that inspires entrepreneurship, fosters creativity, and stimulates job creation. Recognising the imperative of clean energy, Odii has launched a groundbreaking solar-powered garment-making center in collaboration with the United Nations Development Programme (UNDP). This pioneering facility is designed to empower small and medium enterprises (SMEs), providing them with free access to modern garment-making equipment and eliminating the burdens of power costs, machine purchases, and maintenance. Over 120 entrepreneurs benefit from this facility daily, leveraging sustainable and uninterrupted energy supply to drive their businesses forward. Odii’s visionary approach extends beyond the center’s operations. He has forged strategic partnerships with NIPOST and God Is Good Logistics, offering SMEs discounted distribution rates of 15% and 20%, respectively. This enables seamless delivery of finished products across Nigeria, further amplifying the center’s impact. Indeed, Odii’s initiative is a shining example of his foresight and pragmatism, tackling the pressing challenges faced by SMEs in Nigeria. By providing a sustainable and efficient energy solution, he is unlocking the potential of entrepreneurs, fostering innovation, and contributing to a cleaner, greener future. Odii has launched a groundbreaking solar-powered garment-making center, which has been replicated in Katsina and Osun States, with plans to expand to all 36 states and the Federal Capital Territory. This center creates 700 direct and indirect jobs daily, mitigating unemployment and youth restiveness. Odii’s vision is to solidify SMEs as the backbone of Nigeria’s economy, positioning the country competitively within the African Continental Free Trade Area. His efforts have already created over 15,000 jobs and facilitated over 7 billion naira in funding for SMEs. He has also secured a 5 Billion Naira Single-Digit Interest Loan through Sterling Bank to empower businesses. Through his initiatives, Odii has revitalised economic activities in rural areas by providing N50, 000 as Conditional Grant Scheme (CGS) into Nano businesses, creating jobs and supporting families. He has collaborated with State Governments, including Anambra and Enugu, to provide 1 billion naira into MSMEs in each State under a matching fund agreement, further empowering entrepreneurs and fostering economic growth. Odii’s commitment to SME development is evident in his efforts to create a conducive business environment, providing access to finance, markets, and capacity building. His vision for Nigeria’s SME sector is inspiring, and his impact will undoubtedly be felt for years to come. Odii’s launch of the Green Energy and Climate Change Desk has supported displaced businesses and promoted green energy solutions, addressing environmental challenges impacting businesses. To foster a motivated workforce, Odii constructed a state-of-the-art secretariat with modern work hubs, dedicated staff, and facilities such as a textile and garment hub for fashion businesses and a woodwork and furniture facility for artisans. He also launched the SMEDAN Undergraduate Internship Program (SUIP) at Baze University, providing students with real-world business experience and resources to start, continue, and scale their businesses. Recognising the importance of women in national growth and development, Odii established the Women and Youth Desk Initiative, granting direct access to opportunities designed for women entrepreneurs. Furthermore, he created the MSME CLINIC, a weekly one-stop shop where entrepreneurs, regulators, and experienced SME development professionals collaborate to provide mentorship and solutions. He has developed various initiative aimed at promoting farming and food production at the family level, encouraging Nigerians to cultivate a culture of gardening and healthy eating from the comfort of their own homes in consonance with the EveryHomeAGarden of the First Lady Senator Oluremi Tinubu. Charles Odii’s creativity knows no bounds, he has transformed and equipped the workforce into a mobile digitally transformed workplace of efficient and effective workplace, thereby engendering higher productivity, progress tracking, with various social clubs that promote healthy lifestyle, focus, and instil a sense of shared mission and peaceful co-existence. Charles Odii is an enigma. A rare gem and a replica of what President wanted in the youths of our country. He has shown resilience. He is ubiquitous, touching akll facets and segments of the life of the nation, demonstrating capacity and tenacity of purpose, and proving eloquently and incontrovertibly what happens when innovation meets with passion and both are wed-locked to opportunity. He is indeed the legendary Archimedes’ of our time and have found the answer to national development and economic growth. Imagine a Nigeria where entrepreneurship is the engine that drives growth, innovation, and prosperity. A Nigeria where small businesses thrive, creating jobs, wealth, and opportunities for all. This is the Nigeria that Charles Odii envisions, and he’s working tirelessly to make it a reality. Through his groundbreaking initiatives, he’s empowering entrepreneurs, fostering innovation, and unlocking the full potential of the SME sector. In the not-too-distant future, historians will look back on Charles Odii’s legacy and marvel at the transformative impact he had on Nigeria’s economy. They’ll tell stories of how he ignited a spark that fueled a revolution in entrepreneurship, innovation, and growth. And as they reflect on his remarkable journey, they’ll be reminded that even the smallest actions can have a profound impact when driven by vision, passion, and a commitment to creating a better future. Ochonu is a public affairs analyst writing from Abuja.
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  • OPS Businesses Lose N2.5trn to Administrative Bottlenecks – DG SMEDAN.

    Members of the Organised Private Sector, including the Small and Medium Enterprises Development Agency of Nigeria, and the National Association of Chambers of Commerce, Industry, Mines, and Agriculture have expressed worry over the N2.5tn annual losses by the business community to administrative bottlenecks.

    The Director-General of SMEDAN, Mr Charles Odii, said the group plans to engage with the relevant agencies to streamline the processes required to address this anomaly.

    Last week, the Federal Government through the Minister of Marine and Blue Economy, Adegboyega Oyetola, said the Nigerian business community was losing N2.5tn annually to delays and administrative bureaucratic bottlenecks.

    He disclosed this in Lagos while speaking at the stakeholders’ forum on establishing the National Single Window.

    Oyetola while quoting a report by the World Bank added that the cost of doing business in Nigeria was 40 per cent higher than what was obtainable in other West African countries.

    “As highlighted by the World Bank, the cost of doing business at Nigerian ports can be up to 40 per cent higher than in other West African countries due to delays and administrative bottlenecks, leading to an estimated annual revenue loss of N2.5tn within the business community,” Oyetola said.

    He, however, expressed hope that the implementation of the NSW could enhance efficiency, “potentially reducing these costs by at least 25 per cent.”

    According to him, by streamlining operations, improving transparency, and minimising delays, the system not only drives cost savings but also strengthens overall trade facilitation.The former Osun State Governor mentioned that the cumulative impact across all areas, including reduced costs, enhanced efficiency, and greater transparency, ultimately contributes to the overall ease of doing business.

    Reacting to this, the Director-General of the National Association of Chambers of Commerce, Industry, Mines, and Agriculture, Mr Sola Obadimu, said, “The issue is self-explanatory; we need a more efficient processing procedure at the ports to hasten processing time such that people who are exporting perishable items, for example, can get to their destination on time.

    “So that business can beat their deadlines so that the government can make more money and all these losses will be stopped. When the ports are efficient, it will yield more money to the government and businesses. If businesses conclude their transaction on time they will make more money.”

    On his part, the SMEDAN DG, Odii, said, “At SMEDAN we are actively engaging relevant agencies and levels of government to streamline processes and create a more supportive environment for SMEs.”

    He said one of the major initiatives of the group is the introduction of a reform-focused ranking system to encourage the adoption of policies and systems that ease business operations, reduce bureaucratic delays, and improve service delivery for SMEs.

    “This will help track and evaluate government agencies on their efforts to remove bottlenecks that hinder Small and Medium Enterprises’ growth,” he stated.

    Odii added that the group recognises that beyond policy reforms, SMEs must also be equipped to navigate regulatory frameworks and leverage digital solutions that simplify compliance.

    “Addressing both structural challenges and SME capacity gaps, we are working to ensure that Nigerian businesses can grow with fewer constraints, contribute meaningfully to the economy, and compete effectively in both local and global markets,” Odii stated.

    SOURCE: The PUNCH
    OPS Businesses Lose N2.5trn to Administrative Bottlenecks – DG SMEDAN. Members of the Organised Private Sector, including the Small and Medium Enterprises Development Agency of Nigeria, and the National Association of Chambers of Commerce, Industry, Mines, and Agriculture have expressed worry over the N2.5tn annual losses by the business community to administrative bottlenecks. The Director-General of SMEDAN, Mr Charles Odii, said the group plans to engage with the relevant agencies to streamline the processes required to address this anomaly. Last week, the Federal Government through the Minister of Marine and Blue Economy, Adegboyega Oyetola, said the Nigerian business community was losing N2.5tn annually to delays and administrative bureaucratic bottlenecks. He disclosed this in Lagos while speaking at the stakeholders’ forum on establishing the National Single Window. Oyetola while quoting a report by the World Bank added that the cost of doing business in Nigeria was 40 per cent higher than what was obtainable in other West African countries. “As highlighted by the World Bank, the cost of doing business at Nigerian ports can be up to 40 per cent higher than in other West African countries due to delays and administrative bottlenecks, leading to an estimated annual revenue loss of N2.5tn within the business community,” Oyetola said. He, however, expressed hope that the implementation of the NSW could enhance efficiency, “potentially reducing these costs by at least 25 per cent.” According to him, by streamlining operations, improving transparency, and minimising delays, the system not only drives cost savings but also strengthens overall trade facilitation.The former Osun State Governor mentioned that the cumulative impact across all areas, including reduced costs, enhanced efficiency, and greater transparency, ultimately contributes to the overall ease of doing business. Reacting to this, the Director-General of the National Association of Chambers of Commerce, Industry, Mines, and Agriculture, Mr Sola Obadimu, said, “The issue is self-explanatory; we need a more efficient processing procedure at the ports to hasten processing time such that people who are exporting perishable items, for example, can get to their destination on time. “So that business can beat their deadlines so that the government can make more money and all these losses will be stopped. When the ports are efficient, it will yield more money to the government and businesses. If businesses conclude their transaction on time they will make more money.” On his part, the SMEDAN DG, Odii, said, “At SMEDAN we are actively engaging relevant agencies and levels of government to streamline processes and create a more supportive environment for SMEs.” He said one of the major initiatives of the group is the introduction of a reform-focused ranking system to encourage the adoption of policies and systems that ease business operations, reduce bureaucratic delays, and improve service delivery for SMEs. “This will help track and evaluate government agencies on their efforts to remove bottlenecks that hinder Small and Medium Enterprises’ growth,” he stated. Odii added that the group recognises that beyond policy reforms, SMEs must also be equipped to navigate regulatory frameworks and leverage digital solutions that simplify compliance. “Addressing both structural challenges and SME capacity gaps, we are working to ensure that Nigerian businesses can grow with fewer constraints, contribute meaningfully to the economy, and compete effectively in both local and global markets,” Odii stated. SOURCE: The PUNCH
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