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Reps Commend CAC For Sustained Positive Results

by Olivia Betrand
September 5, 2022
in Business, News
Federal-House-of-Representatives

The House of Representatives Committee on Commerce has commended the Corporate Affairs Commission (CAC) for achievements it has recorded so far.

The commendation is contained in a statement issued by CAC’s head of media unit, Mr Rasheed Mahe, on Monday in Abuja.

Mahe said the Mr Femi Fakaye-led House of Representatives committee on commerce, commended the commission’s leadership led by its registrar-general, Alhaji Garba Abubakar, at its headquarters to wrap up its oversight visit.

 

 

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“Fakaye commended Abubakar for keeping the agency afloat and turning things around in accordance with his pledge to the National Assembly.”

According to Fakaye, the commission has been breathing fresh air since Abubakar assumed office as the registrar general.

He urged the registrar general to take steps to maintain the achievements for economic growth, adding that CAC was one of the vital organs that gave life to the Nigerian economy.

Other members of the committee, however, charged the commission to review and revisit certain areas of its operations that needed improvement.

According to them , the commission’s creation of sustained public awareness on its activities and achievements with special emphasis on the rudiments of ensuring successful online registration of companies was worth commending.

In his response, Abubakar expressed his commitment to sustain and improve on the gains so far recorded, describing the year 2020 as the best year for the commission in terms of revenue generation and remittance although he said the slash in fees was negatively affecting some of its operations.

Abubakar said the commission was on the verge of deploying a Customer Relationship Management (CRM) solution to beef up its customer service in line with global best practices.

He said the commission was able to surmount most of its challenges and achieved set targets, as well as objectives because of its dedicated and committed staff.

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