Enterprise Next Level (ENL) Cooperative Society reaffirmed its position as a transformative platform for entrepreneurship, wealth creation and financial empowerment as it successfully hosted its 2nd Annual General Meeting (AGM) themed “Sustainable Growth Through Unity and Progress” at Suite 301, Famous Building, Isheri Road, beside the FRSC Office, Ojodu-Berger, Lagos.
The well-attended gathering brought together members, partners, stakeholders, cooperative experts and government regulators to review the cooperative’s achievements, celebrate milestones and unveil strategic plans aimed at expanding opportunities for members while strengthening economic prosperity within the entrepreneurial community.
Speaking at the event, the President of ENL Cooperative Society, Mr. Simeon Ugbekpa, described ENL as a carefully designed ecosystem created to foster personal development, entrepreneurial excellence, financial independence, and total well-being.
According to him, the organization has continued to evolve beyond a conventional cooperative society by building an ecosystem that empowers members through multiple business portfolios, mentorship opportunities, investment platforms, wellness solutions and wealth-building initiatives.
“ENL is a haven for entrepreneurial development, mentorship, and empowerment. Our mission is to raise value-driven entrepreneurs, groom them into investors and nation-builders and support them in achieving healthy and wealthy lifestyles. We believe in creating opportunities that improve lives and ensure long-term financial success,” he said.
One of the major highlights of the AGM was the presentation of the cooperative’s performance and its impact on members’ lives through accessible financial services, business support, savings programs and investment opportunities.
Members praised the cooperative’s operational efficiency and transparency, particularly its loan disbursement system which has enabled entrepreneurs to access funds with minimal stress.
Beneficiaries of services including Mr. Aderoju Moses and Mr. Femi Popoola, shared testimonies of how ENL’s loan facilities positively impacted their businesses.
They commended the organization for its seamless coordination, prompt loan processing, and commitment to ensuring members receive timely financial support needed to grow their ventures.
Their experiences underscored ENL’s growing reputation as a trusted financial partner helping entrepreneurs overcome capital challenges while expanding their businesses.
The AGM also featured educational sessions led by renowned cooperative consultant and expert, Mr. Isaac Sohe, alongside officials from the Lagos State Ministry of Commerce, Trade and Investment, who provided detailed presentations on cooperative regulations, governance structures, taxation policies, compliance requirements and emerging opportunities within the cooperative sector.
The sessions equipped members with valuable knowledge needed to operate effectively within regulatory frameworks while maximizing the benefits available through cooperative enterprises.
Mr. Ugbekpa disclosed that ENL is introducing additional products and services into its growing portfolio as part of efforts to create more value for members and stakeholders.
The organization currently operates through six strategic business arms designed to support members at different stages of their entrepreneurial journey:
ENL Wellness Products
A range of herbal wellness products developed to promote healthier living, vitality and productivity among entrepreneurs, recognizing that good health remains essential for business success.
ENL Distribution Model
A business distribution system that empowers independent business owners to earn sustainable income while promoting ENL products and services.
ENL Cooperative Society
A democratic network of entrepreneurs supporting one another through collective savings, business loans, micro-investments and strategic collaborations.
ENL Real Estate
An investment platform that provides opportunities for passive income generation and property ownership with affordable entry plans starting from as low as ₦50,000 monthly.
ENL Lifestyle and Tours
A platform encouraging entrepreneurs to embrace balanced lifestyles through travel, networking, vacations and global exposure.
ENL Academy
A training and capacity-building institution focused on helping entrepreneurs transform skills and knowledge into profitable and sustainable businesses.
A major announcement at the AGM was the planned launch of one of ENL’s flagship real estate projects, ENL Oasis Apartments, scheduled for October 2026.
Located within the serene Peace Garden Estate in Ikorodu, Lagos State, the luxury mini-estate is designed to serve both long-term residents and short-stay guests.
The development consists of two residential blocks:
Block A A bungalow comprising four one-bedroom apartments, each featuring:
Spacious sitting room
Ensuite bedroom
Fitted kitchen area
Guest convenience
Block B Three units of two-bedroom duplexes featuring:
Ground-floor sitting room
Kitchen area
Dining section
Two ensuite bedrooms with balconies
The project is currently under development and forms part of the organization’s RealVEST Programme, which offers investors an attractive annual return on investment of up to 30 percent.
Management expressed confidence that the project will further strengthen ENL’s position as a vehicle for wealth creation and long-term financial security for its members.
The AGM also recognized the efforts of the cooperative’s management team whose dedication has driven the organization’s remarkable growth over the past year.
The leadership team includes:
Mr. Simeon Ugbekpa – President
Mr. Francis Okoeguale – Vice President
Mr. Imoh Friday – Financial Secretary
Mr. Emmanuel Eboigbe – Treasurer
Ms. Catherine Edebor – General Secretary
Ms. Kemes Pius – Assistant General Secretary
Ms. Eunice Adimorah – Ex-Officio
Ms. Marvis Opara – Ex-Officio
Mrs. Maris Onofure – Ex-Officio
Mrs. Fatima Kolawole – Supervisor
As the AGM concluded, members expressed optimism about the future of the organization and its capacity to continue transforming lives through entrepreneurship, investment, collaboration and financial inclusion.
The event reinforced ENL’s vision of becoming Nigeria’s preferred destination for entrepreneurial development, empowerment, wellness, lifestyle enhancement and wealth creation.
With expanding investment opportunities, a growing membership base, innovative products and a commitment to transparency and sustainable growth, Enterprise Next Level Cooperative Society appears poised to make an even greater impact in helping individuals and businesses achieve lasting financial and economic success.
For members and stakeholders, the message from the AGM was clear: through unity, collaboration, and strategic investments, ENL is not only building successful entrepreneurs but also creating a pathway toward shared prosperity and nation-building.
