Nigeria
Home member
Living in Nigeria
₦10,000
to join, once
Shares from ₦5,000 a month
Who can join
Same share price. Same vote. Anywhere.
Anyone aged 18 or over, of good character, who passes our identity checks and meets the residence test. Pay a one-off joining fee once approved, then buy shares at ₦1,000 each, at your own pace.
Five member types
Choose the membership that fits you
- Abroad
Diaspora member
Africans living abroad
£10or $ / € equivalent to join, once
Shares from £25 a month - Founder
Founding member
Anyone joining in the first 12 months
£1,000+or ₦2m+ founding block, plus the joining fee
First 12 months onlyLimited - Pro
Professional member
Doctors, accountants, engineers, lawyers and others
Up to ½of your shares paid in volunteered skills hours
Your expertise counts - Group
Group member
Hometown unions, churches, mosques, businesses
One votethrough one named representative
Same joining fee
Every card buys shares at the same ₦1,000 and carries the same one vote.
Can I join today?
Wherever you live, there is a way in.
Our first two societies are registered in Edo State and the Federal Capital Territory. You can join either one if you live there, or if you or your family own or hold land or a home there. Everyone else can join the Supporter list and be first in when their state opens.
How membership works
From application to your first share
You become a member when your joining fee is paid, you have bought at least one share, and your name is on the register of members.
- 1Create your accountWith your phone number and a one-time code. No password to remember.
- 2Choose how you joinHome, diaspora, founding, professional or group member.
- 3Check your identityBVN or NIN at home; Non-Resident BVN or passport abroad, plus a quick selfie.
- 4Officer reviewUsually within 2 working days, and always within 30 days. We message you on WhatsApp.
- 5Pay the joining fee£10 or ₦10,000, once you are approved. Get your member number, then buy shares at your own pace.
How many shares?
I want to put in each month:
Shares a month
5
Shares in a year
60
Each share costs ₦1,000. You still get one vote, however many shares you hold. Shares carry no guaranteed return and can be withdrawn after 3 years with 6 months’ notice.
Simple rules
- One member, one vote. More money means a bigger share of profit, never more control.
- No one may own more than a fifth of all shares.
- Shares can be withdrawn after 3 years, with 6 months’ written notice.
- Every member is identity-checked: BVN or NIN at home, Non-Resident BVN or passport abroad.
- The joining fee is paid once you are approved, to VEKAT Group Ltd, the cooperative’s manager. It covers registration, identity checks and your member pack. It is not a share and is not refundable.
- Your shares are paid only into the cooperative’s own bank accounts, with your member number as the reference.
What you get
- Part-ownership of real businesses, and a share of profits when they make money
- A vote at the annual meeting, online or in person
- A say in which projects your shares back, on your own dashboard
- First chance to work in, supply or buy from the businesses
- Training and a network of members at home and abroad
What you do not get: a guaranteed return. Profits depend on how the businesses perform.
Supporter list
Not eligible yet? Be first in.
Our first societies are in Edo State and the FCT. If you have no link there yet, join the free Supporter list for your state or country. You pay nothing, and we tell you first when a society opens near you.
Join the Supporter listPrefer a paper-style form?
Until online registration opens fully, our Google Form is still accepted. Answers are imported into the same applications list.
Open the Google FormAbroad and at home, we build together.
Register in about ten minutes on your phone. Officers review within 2 working days and message you on WhatsApp.