• Mon. Apr 29th, 2024

CAC To Complement Efforts At Lifting Citizens Out Of Poverty

Corporate Affairs Commission (CAC) has expressed readiness to complement the Federal Government’s efforts towards lifting 100 million citizens out of poverty, as the nation sets to hold the Nigeria Industrialisation Summit-2021.

A statement by the CAC’s Head of Media Unit, Rasheed Mahe in Abuja, says the Registrar General/CEO Alhaji Garba Abubakar stated this when he received members of the summit’s Local Organising Committee led by the National Vice President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Mr David Erewa.

Alhaji Garba Abubakar, who described CAC as the gateway to any foreign or local investment, reaffirmed the commission’s readiness to provide services at the event to facilitate Nigeria’s dire desire for industrialization.

He used the forum to highlight the commission’s reform initiatives geared towards attaining the status of a world-class companies registry and assured the commission’s support to the organizers in accordance with provisions of the law.

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Speaking earlier, the leader of the delegation, National Vice President of NACCIMA Mr. David Erewa, said the summit was being organized in accordance with President Muhammadu Buhari’s commitment to lift 100 million Nigerians out of poverty within 10 years.

He revealed that, to support Nigeria realize the objective, the African Development Bank (ADB) under the leadership of its President, Dr. Akinwunmi Adesina, would provide a 520 million U.S dollars grant to support small businesses in some selected states across the country.

The National Vice President further said in order to encourage participation, attendance would be free, adding that the event scheduled for November 2021 was expected to draw participants and resource persons from across the globe.

AUWALU MUHAMMAD, KADUNA