In a groundbreaking move to elevate the welfare and financial security of traders and artisans, Self Employees Global Service Limited (SGSL) recently inaugurated its Shared and Personal Assets Benefits Scheme (SPABS) welfare digital platform.

The event, attended by members, took place at the Nigeria Union of Teachers (NUT) Multi-Purpose Hall, Presidential Boulevard, Abeokuta, Ogun State.
This transformative initiative, launched in collaboration with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Nigeria Social Insurance Trust Fund (NSITF), Trustfund Pension, Stanbic IBTC Pension Managers, and Stanbic Bank, represents a pivotal moment for Nigeria’s informal economy workers.SPABS
In his keynote address, SGSL Chairman, Elder Joju Fadairo, described the SPABS platform as a revolutionary tool aimed at fostering growth, stability, and sustainability for traders and artisans.
“This platform represents a bold and transformative step towards ensuring that traders and artisans in Nigeria enjoy a more secure and prosperous future. We have always believed that every trader and artisan deserves access to resources and opportunities,” Fadairo stated.
He further explained that SPABS integrates welfare support benefits with digital innovation, providing investment accounts for every member.
“An integral part of SPABS is the creation of investment accounts for traders and artisans. These accounts will serve as a tool for wealth creation, financial discipline, and long-term economic stability,” he added.
The SPABS welfare digital platform offers unlimited welfare benefits, including access to private and government schemes.
According to Fadairo, the initiative aims to empower members to actively participate in their financial journeys, supported by expert guidance.SPABS
“Today marks the beginning of a brighter chapter in your professional and personal lives. The SPABS welfare digital platform is your gateway to opportunities that will redefine your future,” he emphasized.
SGSL’s Commitment to the Informal Economy
SGSL is a certified Welfare Support Service Provider (WSSP) and tax consultant for informal economy workers. With RC.NO: 1385536, the organization has partnered with Ogun State Internal Revenue Service (OGIRS) to facilitate minimum tax collection through its approved platform, ONECARD TOPUP SERVICES LIMITED, pending the establishment of a new tax reform bill.

The SPABS platform is designed to enhance the well-being and financial security of individuals in the informal economy, fostering inclusivity and resilience. SGSL envisions a future where traders and artisans,  in Ogun State, thrive with confidence, supported by comprehensive welfare services and benefits.

SPABS
SGSL Chairman, Elder Olajoju Fadairo
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By Grace Olaogun
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