ADVERTISEMENT

We're poised for economic growth, global competitiveness - CAC boss

Alhaji Garba Abubakar, the Registrar-General of Corporate Affairs Commission (CAC) has reiterated the commitment of the commission to compete with its global peers for economic growth.

Alhaji Garba Abubakar,  CAC Registrar-General with Mr Mounir Haliru Gwarzo, the Group Chief Executive Officer, Media Trust Ltd.

The statement quoted Abubakar as saying this when he received Mr Mounir Haliru Gwarzo, the Group Chief Executive Officer, Media Trust Ltd., who paid him a courtesy visit in his office.

Abubakar said that the reform initiatives implemented by the commission was to enhance the ease of doing business.

He said that the registration of companies was made open to the public through the provision of an end-to-end electronic solution in line with global best practices.

ADVERTISEMENT

Responding to the controversy that had earlier surrounded the implementation of the CAMA, 2020, Abubakar said that the misrepresentation was due to the activities of people without knowledge of the new law.

He explained that the law was tailored in line with global best practices, adding that the 2021 Regulations made pursuant to the CAMA,2020 had adequately addressed the concerns of all denominations.

Abubakar used the forum to laud Media Trust for acknowledging the recent successes recorded by the commision and also congratulated Gwarzo on his appointment.

He described the appointment as well deserved considering his vast experience in both public and private sectors of the economy.

The News Agency of Nigeria ( NAN). reports that Gwarzo was a former Director-General, Securities and Exchange Commision.

ADVERTISEMENT

Earlier, Mounir Gwarzo said that CAC was the only government agency operating a fully digitised self-service portal and urged it to sustain the tempo.

He expressed optimism that CAC would soon become a world-class companies registry.

Gwarzo, who led the management team on the visit, said the purpose was to explore means of collaboration that would be beneficial to both parties.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Naira gains 6% against dollar at official market

Naira gains 6% against dollar at official market

Vitaliy Yuzhilin: Labours as an entrepreneur and deputy of the State Duma

Vitaliy Yuzhilin: Labours as an entrepreneur and deputy of the State Duma

Dogecoin Price Prediction: DOGE at $0.2 by March or ROI with DOGE20?

Dogecoin Price Prediction: DOGE at $0.2 by March or ROI with DOGE20?

NewsNow Nigeria app officially launches in Amazon Appstore

NewsNow Nigeria app officially launches in Amazon Appstore

Telcos announce deadline for second stage of SIM disconnections

Telcos announce deadline for second stage of SIM disconnections

LG Launches LG Insider Community: Community for connection, innovation, support

LG Launches LG Insider Community: Community for connection, innovation, support

Nigeria’s public debt stock increases to ₦97.34trn in Q4 2023

Nigeria’s public debt stock increases to ₦97.34trn in Q4 2023

Naira appreciates further to ₦1,382.95/$ at official market

Naira appreciates further to ₦1,382.95/$ at official market

CBN Governor Cardoso is very happy with naira's recent wins

CBN Governor Cardoso is very happy with naira's recent wins

ADVERTISEMENT
ADVERTISEMENT