The Corporate Affairs Commission on Sunday disclosed that it has begun the process of reducing the registration circle for new companies within 3 hours after the successful deployment of an end-to-end registration module. This according to the Commission, should be done by the end of 2021.
Registrar-General of the commission, Garba Ababukar, gave the indication at a dinner in honour of the Chairman, Governing Board, CAC and Nigerian Ambassador Designate to the Kingdom of Spain, Ademola Seriki.
The commission made this known in series of tweets posted via its Twitter handle on Sunday.
“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,” the agency stated.
Abubakar noted that the challenges of COVID-19 pandemic had adversely impacted on CAC’s delivery timeline.
He, however, said the CAC was resolutely committed to serving its customers despite being forced to operate with less than 50 per cent of its workforce.