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CAC is committed to creating enabling environment for business in Nigeria – Registrar


Lagos  –  The Corporate Affairs Commission (CAC) has reiterated its commitment to create enabling environment for businesses to thrive in the country.

Mr Bello Mahamud, the Registrar-General of CAC, pledged the Commission’s commitment to promote business in the country through seamless and prompt registration of companies and post-incorporation filings.

Mahamud said this in Lagos at a stakeholders sensitisation workshop of the commission in conjunction with the Nigerian Bar Association, Section on Business Law (NBA-SBL).

He said that CAC embarked on reforms to upgrade the ease of doing business in Nigeria through the introduction of its online registration portal.

“With this new software, our customers do not have to physically visit the commission any longer as you could apply for our services online anytime and day of the week.”

The registrar said that prior to the advent of the online portal, business registration was done manually which inhibited the ease of doing business in the country.

He said that with integration of the online platform, Start-to-Finish registration of companies had started in Enugu, Lagos, Kaduna, Kano, Port-Harcourt and Abuja.

Mahamud said that the development had saved customers the cost of travelling to the Commission’s head office at Abuja for certificates.
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He said that the commission was working on the review of indiscriminate query of data and introduction of validation system because of issues of missing files in the past manual system.

Mahamud said that the commission was collaborating with the Federal Inland Revenue Service (FIRS) to integrate e-stamping module into the Company Registration Portal to fast-track registration process.

The registrar said that the reforms were geared to improve the investment climate in Nigeria.

Mahamud was represented at the event by Mr Churchill Williams, Director, Public Affairs of CAC.

Mr Olumide Akpata, the Vice-President, NBA-SBL, said that collaboration with CAC was pivotal to the activities of lawyers and improvement of the country’s business environment.(NAN)

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