Nigerian government on
Monday said the number of days required for registration of new
businesses in Nigeria has been reduced from 10 to 2, courtesy of a
reform agenda of Buhari administration.
Also,
prospective business owners can now search on Corporate Affairs
Commission (CAC) portal (www.cac.gov.ng) to avoid duplication of names
and prevent selection of prohibited names, while company registration no
longer requires lawyers as it is now optional for SMEs to hire lawyers
to prepare registration documents.
These are among highlights
of a report presented at a Presidential Enabling Business Environment
Council, PEBEC, at the Presidential Villa, marking the end of the 60-day
Action Plan on Ease of Doing Business in Nigeria reforms.
The Council established by President Muhammadu Buhari is chaired by Vice President, Yemi Osinbajo, SAN.
Edited from Daily Post