The Company Affairs Fee (CAC) has disclosed its readiness to implement a brand new know-how that can change the face of firm registration in Nigeria, in accordance with international greatest follow. With the brand new know-how, prospects can print their certificates with verifiable QR Code from anyplace on the planet amongst others.
When totally deployed, the brand new know-how amongst others will allow the Fee dispense certificates with the obligatory requirement that 2 Administrators should signal each doc and be substituted with the chance for firms to nominate a single Authentication Officer mandated to signal transactions on behalf of the corporate.
This disclosure was made by the Registrar Basic of CAC, Alhaji Garba Abubakar, at a dinner held in his honor by the Alumni Regulation Class of 1988, Ahmadu Bello College.
Abubakar revealed that the brand new know-how shall be deployed as quickly because the gazetting is achieved, to allow Nigerians register the much-awaited one-man firm, restricted legal responsibility partnerships, restricted partnership, and lots of different initiatives captured within the legislation.
He acknowledged that upon migration from what he known as the ‘semi-automated system’ to a completely automated one, some type of validation of information for firms shall be launched freed from cost in a bid to fill some gaps within the current database.
Whereas thanking the organizers for honoring him, Abubakar restated his resolve to make sure selfless service to the nation to be able to justify the arrogance reposed in him by President Muhammadu Buhari.
In his comment, the Chairman of the organizing committee, A.Ok. Ajibade SAN, extolled the great virtues of Garba Abubakar and thanked the Almighty God for reuniting them 32 years after to have fun certainly one of their very own, no matter their tribe or non secular affiliation.
In the meantime, on his personal, the BOT Chairman, A.U. Mustapha SAN, and President of the category, Dr. Ibrahim Abdul, each famous with delight that President Muhammadu Buhari chosen the fitting man to be the Registrar Basic of the Company Affairs Fee and prayed for his success.
As Nigerians eagerly await the Gazette of the CAMA, 2020, the Company Affairs Fee says it has accomplished work on a brand new know-how that can change the face of Firm registration in Nigeria in accordance with international greatest follow. pic.twitter.com/6HMcPQKM1o
— Company Affairs Fee (@cacnigeria1) November 8, 2020