Stakeholders commend CAC over ease of doing business




A business association, Small Scale Consultative Forum comprising start-up businessmen and women in Abuja, have commended the Corporate Affairs Commission (CAC) and its acting registrar general, Lady Azuka Azinge, for the life-touching reforms so far introduced in the commission since she assumed office in 2017.

In a statement signed by Mr Komolafe Jameel and Pius Ekong, president and secretary of the forum respectively after its annual business appraisal during the weekend in Abuja, it noted that CAC under the watch of Lady Azinge has transformed small scale businesses into what it calls a ‘sought-after bride’ due the various transformational policies introduced in the last two years.

According to the statement, “Opening up and deepening communication with stakeholders and the general public through open market sensitisation, customers’ fora coupled with the sensitisation of micro, small and medium scale enterprises (MSMEs) and other associations through the media, has brought about more robust way of doing businesses in the country.”

It added that it was through this means that the commission was able to implement the Business Incentive Strategy (BIS) through which members of the forum under the category of micro, small and medium scale enterprises, were allowed to register their business names at a discounted rate of N5, 000 which represents half of the normal filing fees for business names.

While commending the Lady Azinge and her team for implementing 24-hour service delivery timeline for pre-incorporation applications for overall efficiency, the statement said sustaining the online operations, which have made it possible to discard manual operations in the commission, will continue to boost the business of its members.

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