“Nigeria yesterday recorded a landmark achievement in its Investment Climate Reforms Programme as the Corporate Affairs Commission, a parastatal under the Ministry of Trade and Investment, kicked off its start-to-finish 24-hour business incorporation service.
The Minister of Trade and Investment, Mr. Olusegun Aganga, said the inauguration of the one-day start-to-finish business registration marked an important milestone in the efforts of President Goodluck Jonathan’s administration to reposition the Nigerian business environment.
He spoke during the commissioning of the Alausa, Lagos office of CAC and the inauguration of the Commission’s 24-hour start-to-finish incorporation service in Lagos.
Aganga also directed the CAC to open a complaints register for customers who are unable to register their businesses within 24 hours.
He said, “The Lagos offices (Yaba and Alausa) can now accept Incorporation documents and process the certificates from start to finish within 24 hours. The same thing goes for the Head Office. This is encouraging in line with global best practices and useful for investors who would want to commence business urgently.
“The target is to ensure that companies are registered within two hours and to institute a vibrant and transparent companies registry where services will be user-friendly. However, to show that we mean business and that we care about our customers, I direct that a complaints register be opened for anyone who is not able to get his company registered within 24 hours. . .”
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