CAC receives boost on Companies Registration Portal

Jennifer Inah, Abuja

0 898

The Corporate Affairs Commission CAC has received a boost in its attempt to establish and integrate a platform for filing audited accounts on its business software known as the Companies Registration Portal CRP.

The progress occurred following the successful selection and initiation of the developer of the accounting software: CENTRIFUGE GROUP to effectively drive the process.

The Registrar General/CEO of the Corporate Affairs Commission Mr Garba Abubakar during an initiation meeting held between the CAC and its development partner; the Agents for Citizen Driven Transformation,  expressed satisfaction over the level of progress so far witnessed by the project.

Represented by his Technical Assistant, Mr Mohammed Abdullahi, the Registrar General said the full deployment of the software will afford customers the opportunity to seamlessly file annual financial accounts and bi-annual statements for companies and incorporated trustees amongst others.

Previous collaboration
The National Programme Manager, European Union Agents for Citizen-Driven Transformation, Mr Damilare Babalola said the event was a continuation of earlier collaboration with the CAC.

He stressed that Messrs Centrifuge was eminently qualified for the assignment and therefore brought on board to speed up the project which aims to improve on CAC’s existing structure, make it more effective and to increase compliance particularly for the civil society organizations.

Also speaking at the event, the Group Managing Director of CENTRIFUGE GROUP, Damilola Awe thanked the European Union Agents for Citizen-Driven Transformation, and the CAC for finding them worthy to undertake the project and assured of their commitment to deliver on the mandate between six to eight weeks from commencement.

CAC News recalls that the CAC and the Agents for Citizen Driven Transformation had on March 1, 2021 signed a memorandum of understanding to further complement the efforts of the Commission towards achieving full implementation of the Companies and Allied Matters Act, CAMA 2020.

 

Nneka Ukachukwu

Leave A Reply

Your email address will not be published.