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Nigerians Can Now Register Businesses In 2 Days – Presidential Council by dammy13(m): 4:59am On Apr 25, 2017
Nigerian government on Monday said the number of days required for registration of new businesses in Nigeria has been reduced from 10 to 2, courtesy of a reform agenda of Buhari administration.

Also, prospective business owners can now search on Corporate Affairs Commission (CAC) portal (www.cac.gov.ng) to avoid duplication of names and prevent selection of prohibited names, while company registration no longer requires lawyers as it is now optional for SMEs to hire lawyers to prepare registration documents.

These are among highlights of a report presented at a Presidential Enabling Business Environment Council, PEBEC, at the Presidential Villa, marking the end of the 60-day Action Plan on Ease of Doing Business in Nigeria reforms.
The Council established by President Muhammadu Buhari is chaired by Vice President, Yemi Osinbajo, SAN.

However, Tuesday’s meeting was chaired by Transportation Minister Rotimi Amaechi.

Others in attendance were Foreign Affairs Ministers Geoffrey Onyeama, Minister of State for Industry Trade & Investment Aisha Abubakar, and her counterpart in Budget & National Planning Zainab Ahmed. Other government dignataries at the meeting included the Head of Service, Mrs Winifred Oyo-Ita, and several heads of MDAs.

The report was presented by Dr. Jumoke Oduwole, Senior Special Assistant to the President on Trade & Investment.

According to the report, CAC has introduced single incorporation form (CAC1.1) to save time and reduce costs while the agency has introduced document upload interface on its website to enable e-submission of registration documents.

Other aspects of the reforms now actualized in the last 60 days include the Integrated FIRS e-payment solution into CAC portal to enable e-stamping while the reform empowers CAC internal lawyers to certify company incorporation forms and conduct statutory declaration of compliance for a fixed fee of N500.

According to the report, the PEBEC listed “Dealing with construction permits, Getting electricity, Registering Property, Getting Credit and Paying Taxes,” as some of the areas where the council has recorded progress in the past 60 days.

The report also highlighted the completed reforms on the “Entry and Exit of People,” indicator which includes Simplified Visa-on-Arrival process, Infrastructural improvements at the Abuja airport, and the new Immigration Regulation 2017.

It also indicated that the completed reforms are being closely monitored to ensure diligent implementation with minimal disruption while pending reforms are being escalated to ensure completion in the coming weeks.

http://fabinfos.com/nigerians-can-now-register-businesses-in-2-days-fg/

Lalasticlala Mynd44 seun Dominique

11 Likes 3 Shares

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by leo1234(m): 6:43am On Apr 25, 2017
I need to register my own company.
Money must be made.

3 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by ZUBY77(m): 6:44am On Apr 25, 2017
Ok
Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by echelons(m): 7:15am On Apr 25, 2017
I wish it's true and immediately achievable.

I wish all government workers could do training with private firms for like 1 year so they can imbibe the proper attitude of real work.

Imagine going to FIRS to process TIN, the officer there was just bitter that I came late (around 1pm), that she has been working since morning! Was wondering if she was supposed to be sleeping since morning.

Meanwhile, government agencies need younger staff as front staff. How can you have a 45 year old as a front line staff in a government agency, that wrong staffing.. that's like the age of most mid level managers in banks.. how can you expect the best from ppl like this.

Younger ppl, immediate graduates need opportunities like these to grow.

40 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by estyvino(m): 7:15am On Apr 25, 2017
I will certainly be CEO

Good one there

1 Like 1 Share

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Icecomrade: 7:15am On Apr 25, 2017

Our lawyers won't like this.

Less money for the pocket.

4 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by bootylady101(f): 7:16am On Apr 25, 2017
good move
Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by rattlesnake(m): 7:16am On Apr 25, 2017
Registering business is not the matter now it's funding

9 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Nobody: 7:16am On Apr 25, 2017
Well Buhari is a bit slow but surely getting there! Well-done PMB, Nigeria is on course but it could be faster

11 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Chuknovski(m): 7:16am On Apr 25, 2017
at last a ray of hope for Sme's in Nigeria, won't forget how I suffered in the hands of this CAC people,,,, God don cash dem..

3 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by chronique(m): 7:16am On Apr 25, 2017
Story. The last time I tried using the site this year, it had issues. It was a similar story like this that I read, that made me try the site.

6 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Nobody: 7:16am On Apr 25, 2017
rattlesnake:
Registering business is not the matter now it's funding

Don't know what you mean clearly though, but are you waiting for government to fund your business? Wrong line of thinking bro. Who funded Facebook? Who funded Snapchat? Who funded Google? Who funded Uber? Nobody funded these companies, they raised their funds without the government
Forget the rvbbish and stop waiting for an insensitive government!
Ideas rule the world not government funding

15 Likes 1 Share

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by littlewonders: 7:17am On Apr 25, 2017
Only on news it works go there it still takes as long as

1 Like 1 Share

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Adecks01(m): 7:17am On Apr 25, 2017
Register business and fund it with tissue papers or leaves abi?

2 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by PLANETMARS(m): 7:17am On Apr 25, 2017
story
Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by OnowuOra(m): 7:17am On Apr 25, 2017
.
Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Nobody: 7:18am On Apr 25, 2017
For real or just news?
Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Houseofglam7(f): 7:18am On Apr 25, 2017
Who wan register business now when to chop food sef na wahala




Ndi ara

4 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by benuejosh(m): 7:19am On Apr 25, 2017
the saying is always different from the doing. Give a try and you'll spend weeks before you finally do your registration.

1 Like 1 Share

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Einl(m): 7:19am On Apr 25, 2017
When I read the title... I laughed so hard I fell from my seat.
If it is possible, the person that thought of it needs a medal.

2 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Timiblanko(m): 7:19am On Apr 25, 2017
Nigerians they will misuse every opportunity given to them, corruption has transfer the their blood stream

1 Like

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by ijebuloaded(m): 7:19am On Apr 25, 2017
rattlesnake:
Registering business is not the matter now it's funding

Stage by Stage

2 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Rosheal(m): 7:19am On Apr 25, 2017
Good
Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by ifeelgood: 7:20am On Apr 25, 2017
Fayose we are not seeing Buhari everyday but we are seeing his policies. Long live my President.

8 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Chuknovski(m): 7:20am On Apr 25, 2017
no more chuwachuwA end of the road for some ole inside CAC

3 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Nobody: 7:21am On Apr 25, 2017
Wack Country cheesy

2 Likes

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by 2T215: 7:21am On Apr 25, 2017
This is about minutest of problems of doing business in Nigeria. Regulatory agencies activities must be reviewed seriously. Nafdac, FIR, others are a pain with some of their demands. Regulatory agencies activities should be streamlined





quote author=dammy13 post=55888506]Nigerian government on Monday said the number of days required for registration of new businesses in Nigeria has been reduced from 10 to 2, courtesy of a reform agenda of Buhari administration.

Also, prospective business owners can now search on Corporate Affairs Commission (CAC) portal (www.cac.gov.ng) to avoid duplication of names and prevent selection of prohibited names, while company registration no longer requires lawyers as it is now optional for SMEs to hire lawyers to prepare registration documents.

These are among highlights of a report presented at a Presidential Enabling Business Environment Council, PEBEC, at the Presidential Villa, marking the end of the 60-day Action Plan on Ease of Doing Business in Nigeria reforms.
The Council established by President Muhammadu Buhari is chaired by Vice President, Yemi Osinbajo, SAN.

However, Tuesday’s meeting was chaired by Transportation Minister Rotimi Amaechi.

Others in attendance were Foreign Affairs Ministers Geoffrey Onyeama, Minister of State for Industry Trade & Investment Aisha Abubakar, and her counterpart in Budget & National Planning Zainab Ahmed. Other government dignataries at the meeting included the Head of Service, Mrs Winifred Oyo-Ita, and several heads of MDAs.

The report was presented by Dr. Jumoke Oduwole, Senior Special Assistant to the President on Trade & Investment.

According to the report, CAC has introduced single incorporation form (CAC1.1) to save time and reduce costs while the agency has introduced document upload interface on its website to enable e-submission of registration documents.

Other aspects of the reforms now actualized in the last 60 days include the Integrated FIRS e-payment solution into CAC portal to enable e-stamping while the reform empowers CAC internal lawyers to certify company incorporation forms and conduct statutory declaration of compliance for a fixed fee of N500.

According to the report, the PEBEC listed “Dealing with construction permits, Getting electricity, Registering Property, Getting Credit and Paying Taxes,” as some of the areas where the council has recorded progress in the past 60 days.

The report also highlighted the completed reforms on the “Entry and Exit of People,” indicator which includes Simplified Visa-on-Arrival process, Infrastructural improvements at the Abuja airport, and the new Immigration Regulation 2017.

It also indicated that the completed reforms are being closely monitored to ensure diligent implementation with minimal disruption while pending reforms are being escalated to ensure completion in the coming weeks.

http://fabinfos.com/nigerians-can-now-register-businesses-in-2-days-fg/

Lalasticlala Mynd44 seun Dominique [/quote]
Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by ademega(m): 7:23am On Apr 25, 2017
That is cool
Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Benjom(m): 7:23am On Apr 25, 2017
That's a commendable move by the government. It can only get better.

1 Like

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by DesChyko(m): 7:24am On Apr 25, 2017
Oh really? We await testimonies of intending businessmen
Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Temptee101(m): 7:25am On Apr 25, 2017
Let the "real" presidency not deny this later because with this sort of govt with several presidencies anything could happen


But i still ask o....who is the presidency ?

1 Like

Re: Nigerians Can Now Register Businesses In 2 Days – Presidential Council by Adecks01(m): 7:27am On Apr 25, 2017
To register ordinary Jamb takes week and they now feed the brainless with all their imaginary tales

5 Likes 1 Share

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