Law  

NBA section on business law, CAC promote ease of doing business

Boss-of-NCAC-29-7-15-CopyTHE Nigerian Bar Association Section on Business Law (NBA-SBL) in collaboration with the Corporate Affairs Commission (CAC) last week in Lagos embarked on a programme aimed at enhancing the ease of doing business in Nigeria.

CAC said as part of the investment climate reform programme of the Federal Government, it has in conjunction with the Federal Ministry of Communications Technology deployed a new online registration software known as CRP/GSP under the auspices of the Government service portal.

The Registrar-General of the Commission, Bello Mahmud through SA, Mr. A.G Abubakar made the submissions in the sensitization workshop where it highlighted the challenges and the innovations embarked upon by the Commission.

SBL co-chair, Moyosere Onigbanjo (SAN) said they are engaging all the regulators with a view to enhance the ease of doing business, starting with the CAC.

“We feel that business practice, business lawyers and other stakeholders and the regulators must engage regularly to climb up the ladder of ease of doing business in Nigeria. The regulator is not our adversary. So, we need to partner with them for the benefit of all stakeholders”, he explained.

The SBL vice chair, Olumide Akpata gave the opening remarks on behalf of the Chair, Asue Ighodalo. He explained that the meeting was part of the Sections decision to reach out to all the regulators, adding that more of meetings would be organised in the future with other regulators.

In his Keynote address, the Registrar-General through Abubakar said the workshop provided an ample opportunity for lawyers who are primarily the clients of the agency to understand some of the activities of the commission with a view to offering suggestion that will promote efficiency and service delivery.

His words: “This sensitization workshop no doubt provides a veritable platform to enable the commission to showcase the services it provides to members of the public and the current reforms it has embarked upon to promote doing business with ease in Nigeria so as to meet the requirement of a world-class company registry.”

He highlighted CAC’s achievements so far, identify it’s low points and shortcoming and mapped out a more progressive strategy for promoting seamless pre and post registration of companies in Nigeria.

The event also afforded members of the Bar the opportunity to share their experiences while transacting business with the Commission.

He explained that the Commission has since February launched a 24 hour online registration portal aimed at speeding up the process. Mahmud assured the lawyers and other customers that with the new portal, there will be no need of physical visitation to register a company, but could be initiated

He also explained that Enugu, Lagos, Kaduna, Kano and Port Harcourt offices have started start-to-finish registration of companies.



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