Great News! You No Longer Need A Lawyer To Register Your Business – CAC


The Registrar-General of the Corporate Affairs Commission (CAC), Bello Mahmud on Thursday said Nigerians no longer need a lawyer to register their businesses with the commission.

Speaking at the second presidential economic communication workshop in Abuja, Mahmud said this was with a view to creating an enabling environment for businesses to thrive.

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To this effect,the CAC has now made the process easier than it used to be, he added. Revealing how this has been done he said:

“We have reduced the cost of registering a business by 50 percent. You don’t need a lawyer to register your business for you anymore. You can ‎now do it yourself. The process is easy now. 

‎”You can now register your business anywhere at our offices in Lagos, Kano and Enugu.”

Business registration has been made easier

The senior special assistant to the president on industry, trade and investment, Jumoke Oduwole, who also spoke at the event, outlined measures the government was to taking to create investment opportunities for the country.

According to her, one of the measures is‎ reducing the strictures to getting a Nigerian visa.

She also said President Muhammadu Buhari was concerned about the ranking of Nigeria as one of the most difficult countries to do business; hence he has set up a committee to come up with ways of making Nigeria business friendly.

Nigeria was recently ranked 169th out of 190 countries by World Bank in on its Ease of Doing Business index for 2017.

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According to the report, Nigeria moved up by one point from 170th position in 2016 ranking to 169th position in the 2017 ranking. The report also showed that the most improvement for Nigeria came in the area of access to credit where the country moved up to the 16th position.