The positive impact of the reforms being pursued by the Corporate Affairs Commission (CAC) on the Nigerian economy has been described as immeasurable.
In a statement, the CAC Head of Media, Rasheed Mahe explains that a cross-section of stakeholders stated this during the quarterly CAC Customers’/ Stakeholders forum in, Enugu State.
It says Barrister Pat Ofili of the Nigerian Bar Association (NBA), Clement Egwu of Association of National Accountants of Nigeria (ANAN), Barrister Akpa Eme from Manufacturers Association of Nigeria (MAN ) and Kamneme Njoku representing Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN ) were unanimous in separate remarks, that CAC should continue to pursue the reforms in line with global best practices.
According to them, the digitization of CAC operations undoubtedly brought succor to the Customers who in the past had to wait for up to 6 months or beyond to incorporate a company or conduct searches manually.
The Forum, therefore, commended the Staff of the Commission for working extra hours to approve registrations both outside work hours and weekends and charged them to sustain the tempo.
They however enjoined the Commission to intensify its sensitization drive and therefore called for more of such fora to ensure effective engagement.
While most of the speakers appreciated the way the Commission was changing, the representative of ICSAN, Kamneme Njokwu enjoined the CAC to reinvigorate its enforcement mechanism against defaulting Companies in accordance with provisions of the law and in line with best practices.
Earlier in a remark, the Registrar General/ CEO of the CAC, Alhaji Garba Abubakar highlighted the reform initiatives and restated commitment towards ensuring frequent engagement with the Stakeholders.
Represented by Director Compliance, Abdulhakeem Mohammed renewed the commitment to provide a vibrant Customer Relationship Management System with a view to enhancing Customer service before the end of the first quarter of 2022.
He also urged the Customers/ Stakeholders to leverage the Commission’s online system to make filings and assured that the CAC was making efforts for continuous improvement of its processes.
The statement reports that the one-day forum featured a discussion segment on Customers’ experiences while interfacing with the Companies Registration Portal (CRP ) with a technical team on hand to tackle head-on the spot some of the challenges identified.
Auwalu Muhammed, Kaduna