In a bid to boost businesses and start-up operations in the Federal Capital Territory, workspace providers Regus and VCN Spaces have rolled out a series of innovative, hybrid workspaces, aiming to reduce entry barriers for entrepreneurs and early-stage firms.
The new facilities, unveiled Wednesday in Murjanatu House, are designed to cater to young businesses, freelancers, and corporates unable to afford long-term office leases.
Ayo Akinmade, country director at Regus Nigeria, highlighted the broader economic impact of the initiative. “We aim to provide an affordable environment where professionals can deliver high-quality work. The ripple effect is significant—by enabling people to work professionally, they can generate income, support their families, pay taxes, and contribute to the economy,” he said.
“We expect that many of the businesses operating here will be VAT-registered, remitting taxes to the government and creating employment. This is our third location in Abuja. The facility spans 1,200 square metres and will house between 50 and 60 office units,” he added.
Akinmade, who previously lived and worked in the UK, explained that the concept was inspired by a gap he observed upon returning to Nigeria. “When I moved back, there was nothing like this. We started in Lagos, then Port Harcourt, and now Abuja. It’s a hybrid model—before COVID, no one even used the term ‘hybrid’.”
He also noted the firm’s stringent vetting process to ensure security and credibility. “Given the realities in Nigeria, we carry out extensive checks before granting access to our spaces. Clients must submit photo ID, Corporate Affairs Commission (CAC) documents, provide banking details and professional references. We want to avoid any misuse of the facility.”
Valentine Nwandu, chief executive officer of VCN Spaces, underscored the strategic advantage of the new location. “You can’t get a better location in Abuja. We’re surrounded by key institutions — Transcorp Hilton is down the road, the Federal High Courts are nearby, as well as INEC and NEPA. It’s as central and accessible as it gets,” he said.
“For businesses and their employees, this makes commuting straightforward. And being surrounded by premium clientele enhances the quality of the environment. For start-ups and young entrepreneurs who can’t yet afford to lease traditional offices, this offers an immediate and professional space to operate from.”
Nwandu added that members of the workspace will benefit from a nationwide network. “Once you’re a member here, you can use our facilities in Lagos, Kano or elsewhere. It expands your capacity to do business across Nigeria.”
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