Vice President, Prof. Yemi Osinbajo, has assured that the portal facility of the Corporate Affairs Commission, which will enable companies complete their registration online would become live next month.
The Vice President who in recent weeks had focused on ensuring ease of doing business in the country gave the assurance on Thursday at a Micro, Small and Medium Enterprises (MSME) Clinic in Jos, Plateau state.
Osinbajo noted that issues of new business registration, access to loans, certification of products, issuance of visas and import inspection were all being addressed under a new reform regime anchored by the Presidential Enabling Business Environment Council (PEBEC) secretariat.
According to him, “we tried to look at the various areas that make it particularly difficult to do business in Nigeria, for instance, for those who want to register companies it used to take a long time but now we have improved on that considerably.’’
He told the MSME operators that, “It is now possible for you to do a lot of business registration online. As a matter of fact by next month the portal facility of the Corporate Affairs Commission, CAC, would be completely online.’’
“We are using a private sector cyber resource called Main One, which is providing all of the services for the CAC portal. So it can become much easier for us to use, I am saying that the Corporate Affairs Commission will now be online all the time.”
Osinbajo added that “the other aspect of doing business that we are trying to do is with respect to ensuring that those who come in to Nigeria to do business find it easy to come in, we are making it easier for them to obtain visas on arrival.”
On import inspections, the Vice President said, “before now you had several documents to fill but we have reduced the number of documents by half so that you are not filling hundreds of documents’’, adding that imported goods must henceforth be in pallets so that it is easier to inspect under a new joint inspection arrangement led by the Nigerian Customs Service.
The Vice President added that “we are trying to look for ways of ensuring that anyone who want to do business in Nigeria can do so without any pains and without any trouble at all.’’