No be small matter oh! This year, the Corporate Affairs Commission (CAC) don waka come out make we hear say dem don de-list over 400,000 inactive and non-compliant companies from their official register in 2025. E get as Registrar-General Hussaini Magaji take yan am during one ‘Celebration Walk’ wey dem do for Abuja, and na big step to clean our national database from all these dormant entities.
Hussaini no gree keep quiet as him talk how the commission dey try protect the integrity of the national companies register. He jam us with the gist say CAC don shift from traditional manual registration to fully digital services. Now, entrepreneurs fit register their businesses from any corner of the world without even stepping foot for CAC office. Na glory, my people!
Him talk say, “Now, CAC dey provide service anytime, anywhere and 24 hours a day. You fit register your business from your room!” So, dem don help matter for ease of doing business plenty. Bet e no dey easy before, but technology don carry us go new level!
As part of their dedication to small businesses, CAC don link up with Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to give free registrations to over 250,000 entrepreneurs. Dem dey try reduce the wahala wey small businesses dey face, to make sure say dem fit operate within wetin law allow.
Dem no stop for that, oh! The also don bring out ‘beneficial ownership register’ wey go allow everybody see who be the real owners of companies for Nigeria. Dis one, my people, na major move to show say dem serious about transparency and fighting financial crime!
Hussaini no forget to mention say dem don make Nigeria one of the standard places wey global communities fit refer to when it come to corporate transparency. Dem things wey CAC dey do go help bring confidence back for the business environment and make the whole system better for investors.
So my people, if you get your business plan, no look back again. Just waka go online, do your registration and start your own journey. Na so we go fit grow our economy and show the world say we dey shine!
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