Corporate Affairs Commission has launched a new company registration portal that will facilitate ease of doing business in Nigeria.
Minister of Trade, Industry and Investment, Dr. Olusegun Aganga during the launch of the company registration portal last week said “The platform we are launching today is the single biggest reform in company’s registration within Nigeria in decades.
“The CAC company registration portal will position CAC as one of the biggest registration bodies in the world and will address a key constraint to starting and operating businesses in Nigeria. We will be introducing transparency and accountability because it will be easier to find out about companies and their directors.
“It has been many months since this government envisioned the development of companies’ registration portal and finally we have achieved our objective today.”
Aganga commended the efforts of the Minister of Communications Technology saying the launch wouldn’t have been possible without the commitment of the Ministry. He also thanked the World Bank and DFID.
While explaining the process that bought about the new registration portal, Aganga said “Upon assumption of office in 2011, I realised that the commission was just trying to upgrade its software to allow for on-line registration and payment. That coincided with the collaboration with the DFID on Investment Climate Reform.
“Consequently, the commission’s vendor (DTI) was invited to accomplish the task as quickly as possible. The initiative experienced delays which necessitated the invitation to the ministry of communications technology with clear implementation time lines.
“Following the inability of the former vendor to deliver on the upgrade, the ministry of communications technology included the commission into phase two of type government service portal (GSP) and Messrs Oasis Management Co. Limited; vendors to the GSP were engaged to develop the application. I am elated that today; these efforts have culminated into a new CAC online registration platform for which I have the singular honour to get underway.”
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