Nigeria: CAC To Register Companies Within 48 Hours, Approve Names Same Day

By: Hadiza Garba, Maiduguri

The Corporate Affairs Commission CAC has announced the commitment of the commission to register companies within 48 hours, approve names same day and ensure 5-day completion for other post-incorporation services not available electronically.

This disclosure was made by the Registrar General of Corporate Affairs Commission, Alhaji Garba Abubakar, during a chat with newsmen.

The commission’s boss also said that CAC was working assiduously to put a smile in the faces of customers and the public by the end of October, 2 months before its earlier announced target of December 2020.

In his statement Abubakar said that despite the challenges of Covid-19 which forced the CAC to tinker with the way it conducts business.

The commission made progress and was poised to live up to its newly released revised service timelines for the Covid-19 period.

The registrar said that moving forward the commission will soon be on part with the best registries in the world where customers will sit in the comfort of their rooms or offices and transact business with the commission without visiting its offices or sending any document through any designated courier company.

Abubakar therefore, used the media forum to advise Nigerians to take advantage of the diversity to advance peace, unity and progress in order to make Nigeria one of the best business destinations in the world.

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