Nairametrics| The Corporate Affairs Commission (CAC) has announced that anyone loking to register a business in Nigeria, only needs to complete just one form. The Special Adviser to the commission’s Registrar General, Alhaji Garba Abubakar, said it had consolidated the forms required to incorporate a business, reducing the number from seven to one.
“We now have just one form which has been deployed this week. It contains all the information you need to register and is available for download on the CAC website. This reduces the cost and time needed to register a business,” Abubakar
Abubakar also said the CAC would ensure that business owners are able to upload documents electronically as part of its deliverables in the 60-day National Action Plan on Ease of Doing Business in Nigeria. The Lagos Stakeholders Forum was the second in two days by EBES, following Thursday’s forum in Kano.
Nigeria has a 3 year target to rise above 100 from current 160, in the ease of doing business ranking. The world bank relies heavily on feedback from end users, particularly their knowledge about the efforts been made by the government to determine Nigeria’s ranking.