Uncategories Business Registration On CAC Can Now Be Completed In 48hrs - Minister, Enelamah

Monday 3 December 2018



Business Registration On CAC Can Now Be Completed In 48hrs - Minister, Enelamah

December 03, 2018
Nigerians can now register their businesses with the Corporate Affairs Commission within 48 hours, the minister of industry has revealed. 

 
File photo: CAC Registration
 
Speaking while at the 10th meeting of the National Council on Industry, Trade and Investment in Abia, the minister of industry, trade and investment, Okechukwu Enelamah, said that intending enterprises can now complete their registration with the Corporate Affairs Commission (CAC) within 48 hours.
 
According to TheCable, the minister who spoke with the theme, ‘Ease of Doing Business: The Role of States and Local Governments’ on Friday, listed some of the completed reforms on trading across borders.
 
They include the reduction in import documentation requirements from 14 to eight and export documents from 10 to seven, an introduction of advance cargo manifests and scheduling of joint physical examination anchored by the Nigerian Customs Service.
 
He listed other reforms to include the passage and signing into law of two bills to ease access to credit for MSMEs.

“These two Bills are the Secured Transactions in Movable Assets Act 2017 and the Credit Reporting Act 2017,” he said.
 
“Business registration in Nigeria can now be concluded within 48 hours with the automated platform by the Corporate Affairs Commission (CAC).

“Technologies were deployed to improve service delivery in the Ministries in the areas of SME platform, digitizing and simplifying the provision of government services. Examples include Commercial Law Department in our Ministry, digitizing One Stop Investment Centre and Pioneer Status Incentives Processes at the Nigeria Investment Promotion Council.”
 
He said the reforms by the federal government can only work with collaboration of state and local government.

“For instance, State Governments should undertake reforms process of making land documentation and business registration seamless as resolved at the 9th Meeting of the National Council.
 
"Nigeria can only progress on the Ease- of- Doing Business initiative on the basis of collaboration among the key stakeholders, especially the State Governments.”


Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist

Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world

Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists

Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists

Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose

Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions

Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists


© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.
Tony Odijie

Share This Post Via

Related Posts

Next
« Prev Post
Previous
Next Post »

Subscribe to: Post Comments (Atom)

Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 


 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
 
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

Ads