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Published On: Thu, Jul 3rd, 2014

Our 24hrs business registration functional, says CAC

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Corporate-Affairs-Commission cacThe Corporate Affairs Commission (CAC) has said that the recent upgrade of its business registration procedure to a 24hr service is functional, contrary to insinuations in some quarters that it has failed. According to a statement issued by the Commission’s Head of Public

Affairs, Williams Churchill, the new improvement in the CAC’s service delivery to its clients, is not only functional but also efficient, despite occasional hiccups resulting from information and communication technology (ICT) challenges that are common in developing economies like Nigeria.

The Commission was reacting to a report in Vanguard newspaper of Monday, June 30, which tended to suggest that its 24hr business registration process had collapsed.

“To set the records straight, we wish to state unequivocally that the 24hr business registration procedure launched in 2012 by the Hon. Minister of Industry, Trade and Investment, in line with Mr.

President’s Transformation Agenda is not only functional but efficiently serviceable to the satisfaction of our clients. “This, we hasten to say, can be attested to by thousands of our clients and customers in our offices where the 24-hour registration service is available. These include our head office and our Wuse Zone 5 office both in Abuja and our offices in Kaduna, Kano, Enugu and our Lagos offices in Yaba and Alausa. “We wish to note, however, that there have been occasional hiccups resulting from unavoidable challenges to our ICT infrastructure, a situation that is not limited to our nation, but prevalent in most “The periodic challenges encountered in the registration process, which sometimes inhibit our meeting the 24hr target, are however too inconsequential to warrant the sweeping conclusion by Vanguard, which was done for reasons best known to the newspaper”, the statement said. While reassuring its teeming customers and other potential clients, of the viability of the technology on which its 24hr registration system was built, the CAC further pledged to continue to improve on the efficiency of its services, in line with the present administration’s drive to enhance the ease of doing business in Nigeria.


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