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CAC poses three-hour circle for company registration

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Following the successful deployment of an end-to-end registration module, the Corporate Affairs Commission (CAC) said it started prioritising the reduction of the registration circle for new companies to just three hours before the end of the year 2021.

The Registrar-General of the commission, Garba Ababukar, disclosed this at a dinner in honour of the Chairman, Governing Board, CAC, and Nigerian Ambassador Designate to the Kingdom of Spain, Ademola Seriki.

Techeconomy.ng obtained this indication contained in series of tweets posted via its Twitter handle on Sunday, April 11.

According to the CAC, “To achieve the target, the registrar-general said the commission was making arrangements to empower over 400 approving officers with working tools to process and approve registration applications either from home or anywhere necessary.”

Abubakar explained further that the challenges of COVID-19 pandemic had adversely hampered CAC’s delivery timeline.

Meanwhile, he noted that CAC was resolutely committed to serving its customers despite being forced to operate with less than 50 per cent of its workforce.

The registrar-general, while bidding farewell to Seriki, said he received the news of his appointment with mix feelings as CAC was going to miss his tremendous support and guidance.

On his part, the Minister of Industry, Trade and Investment, Niyi Adebayo, described the outgoing CAC Chairman as a man of immense pedigree and endowed with enormous potential to justify the confidence reposed in him by the president.

 

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