CAC plans new biz reg­is­tra­tion soft­ware

Daily Trust - - INDUSTRY - From Eyo Charles, Cal­abar

Reg­is­trar-Gen­eral of the Cor­po­rate Af­fairs Com­mis­sion (CAC), Malam Bello Mah­mud, has an­nounced that plans are un­der­way to de­velop new busi­ness reg­is­tra­tion soft­ware to en­able the con­duct of reg­is­tra­tion ser­vices and searches on reg­is­tered businesses to be done on­line.

The Reg­is­trar-Gen­eral told jour­nal­ists when the com­mis­sion com­menced its En­light­en­ment Cam­paign on Di­rect Reg­is­tra­tion of Businesses, or­gan­ised by the Growth and Em­ploy­ment in States (GEMS3), held at the Cal­abar Mu­nic­i­pal Coun­cil.

He said that with the new soft­ware, reg­is­tra­tion of com­pa­nies can be pro­cessed di­rectly by the own­ers of the businesses. He as­serted that the soft­ware which is ex­pected to be de­ployed by July this year was meant to ben­e­fit Small and Medium En­trepreneurs who may not af­ford the ser­vices of ac­cred­ited agents.

“It is also ex­pected that the pol­icy will also en­cour­age in­for­mal businesses to reg­is­ter and in the long run deepen ac­cess to fi­nance for those classes of businesses”, he said.

He com­mended GEMS3 for their con­tin­ued sup­port and as­sis­tance in the area of en­light­en­ment and the tech­ni­cal sup­port they have been pro­vid­ing to the CAC on the de­sign, de­vel­op­ment and test­ing of the new reg­is­tra­tion soft­ware.

In her re­marks, Cross River State Man­ager of the Growth and Em­ploy­ment in States (GEMS3), Mrs. Geral­dine Oku, said the pro­gramme was a part­ner­ship be­tween the Federal Govern­ment, the Depart­ment of In­ter­na­tional De­vel­op­ment and the World Bank, adding that it was aimed at re­duc­ing poverty by in­creas­ing growth, in­comes and jobs across Nigeria.

She stated that the CAC, sup­ported by GEMS3, has em­barked on an on­line reg­is­tra­tion process and cur­rently pur­su­ing other re­forms in­tended to up­grade its reg­is­tra­tion pro­cesses to re­duce time, cost and num­ber of pro­ce­dures re­quired for reg­is­ter­ing a busi­ness in Nigeria.

Ac­cord­ing to the GEMS3 State Man­ager, the busi­ness pro­mo­tion cam­paign was aimed at pro­mot­ing the ben­e­fits of for­mal­i­sa­tion to in­crease busi­ness reg­is­tra­tion in Nigeria. She said the first phase of the cam­paign took place in Kaduna, Kano, Cross River and La­gos, adding that the sec­ond phase would be­gin in May in four states while the third phase will cover the en­tire coun­try.

Newspapers in English

Newspapers from Nigeria

© PressReader. All rights reserved.