• Sat. Apr 20th, 2024

CAC, NEPC Collaborate To Boost Non-Oil Exports

Corporate Affairs Commission (CAC) has pledged continued support to the Nigerian Export Promotion Council (NEPC) as it strives to grow and improve online services to the Non-Oil Exports sector.

The Registrar General/ CEO of the Commission, Alhaji Garba Abubakar stated this in Abuja when he received in audience, the Executive Director/ CEO of the NEPC, Dr Ezra Yakusak.

Alhaji Garba Abubakar stressed that the CAC had ensured a series of collaborations with sister government agencies, in a bid to promote growth in various sectors of the economy.

He added that in order to ensure seamless interface, the Commision granted Application Program Interface (API) to several Embassies and Agencies which include the Federal Inland Revenue Service (FIRS) and Bureau of Public Procurement (BPP) amongst others.

According to him, the Commission is further building synergy with some regulatory agencies particularly on the inactive status of some companies to encourage compliance.

While stating that such synergy will soon include verification with National Identity Management Commission (NIMC), the Registrar cautioned against submission of manifestly false information to CAC as it was liable to two years imprisonment under the provisions of CAMA 2020.

Alhaji Garba Abubakar also stated that in line with the ease of doing business initiatives of the present administration, companies now had the choice to make all their post incorporation filings directly to the Commission without going through agents after due creation of Entity Electronic Account (EEA).

Earlier, the Executive Director/CEO of the NEPC, Dr Ezra Yakusak said the visit was to seek collaboration particularly on improving their online interface for seamless operations.

Ezra Yakusak informed the Registrar that although the NEPC had digitized its operations to address procedural hurdles in non-oil export business, collaboration with the CAC was critical to export facilitation.

He revealed that from 2017 to date
the council had registered 23,000 exporters, noting that CAC’s support would enable them to transform some of its current manual processes into digital.

The Executive Director used the forum to applaud the CAC’s reform initiatives aimed at promoting ease of doing business.

Similarly, the Head Media, Corporate Affairs Commission Mr Rasheed Mahe reports that the highlight of the visit includes the presentation of gifts.

Auwalu Muhammad, Kaduna