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CloudnewsmagThe Corporate Affairs Commission (CAC) said it has integrated its system with the database of the National Identity Management Commission (NIMC).
The registrar-general of the Commission, Garba Abubakar, disclosed this in an interview with newsmen on Monday said this will help to fast-track the process of company registrations. According to him, the integration allows the commission to instantly validate the information about the individual registering a company.
He added that with the integration, the Commission no longer requires people to upload their signature while registering a company as that will be accessed through the NIMC database. He also declared only Nigerians with National Identification Number (NIN) can now register a company in the country.
While noting that the integration with the NIMC database will ensure the integrity of the information received via the CAC portal, Abubakar said:
Speaking on the Commission’s commitment to ensuring speedy service delivery to clients, said the CAC has been driving this through improvements being made to its portal.
On cost of accessing the Commission’s services, he said it had been a deliberate policy at the commission for clients to access basic information about all the entities registered for free to Nigerians.
According to Abubakar, the commission would on May 25, inaugurate the register for the Beneficial Ownership Information, which is a key initiative of the government. He said the stand-alone register would allow people to query the database either by the name of the individual or by his address or the name of the company. Abubakar said it would also provide all the necessary information required on the entity.
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