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Ease of Doing Business: CAC, NIMC collaborate for effective service delivery

*The Corporate Affairs Commission reveals when the collaboration is fully activated, the Commission may only require the enrolment of National Identification Numbers (NINs), and not signatures to process registration applications in the country

Alexander Davis | ConsumerConnect

The Corporate Affairs Commission (CAC) has disclosed it is partnering with the National Identity Management Commission (NIMC).

The regulatory Commission said the efforts was part of its reform initiatives for effective service delivery to its clients in the country.

ConsumerConnect reports Alhaji Garba Abubakar, Registrar-General of CAC, said this in a statement by Mr. Rasheed Mahe, Head of Media Unit at CAC, issued in Abuja, FCT.

Abubakar spoke at the just concluded Management retreat held in Kano.

The forum had the theme: “Corporate Affairs Commission: Consolidating on the Gains of Digital Transformation”.

The Commission’s partnership with NIMC has reached an advanced stage.

According to Abubakar, when the collaboration is implemented, the CAC might only require NIN enrolment numbers and not signatures to process registration applications in Nigeria, as obtainable in other jurisdictions around the world.

The CAC Registrar-General also disclosed that the Commission is blessed with highly talented, committed and skilled personnel, who worked outside office hours to approve applications from customers.

Training and re-training of the CAC members of staff in all sectors of its operations would continue to receive priority attention in a bid to achieve its mandates, said he.

Abubakar as well said that the Commission would train 700 members of staff by the end of the year as against the 583 trained in 2021.

The CAC Chief further stated that more staff of the Commission would be empowered with working tools, which he said would be provided by the World Bank.

He said that the work tools would enable them to grant registration approvals even outside of working hours.

Abubakar, therefore, enjoined the staff of the Commission to re-dedicate themselves to duty, especially those handling approvals to exercise caution in order to guard against avoidable errors.

On the new insolvency framework in pursuant to CAMA, 2020, the CAC Registrar-General enjoined legal practitioners to explore the enormous potential provided by the new legal arrangement.

The statement as well noted Duke Ukaga, Chairman of the Retreat Planning Committee, made a presentation on “Update on the Implementation of the 2021 Management Retreat’’.

The two-day event, which featured presentations of diverse topics, including the Current Innovations on the Companies Registration Portal (CRP), Ease of Doing Business: The Rwandan Experience, the Revised Operations Checklist, and an Introduction to the Insolvency Regulations, among others.

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