The Corporate Affairs Commission (CAC) through its Registrar-General, Garba Abubakar has revealed during the 2022 Management Retreat in Kano that it will be replacing the present means of identification for individuals who are to register their businesses and companies with the National Identification Number (NIN).
“For every Nigerian and a foreigner residing in Nigeria, all we will require from you moving forward is your NIN, and we will validate your information from the NIN. If there are discrepancies, we will not register; you have to rectify it,” he stated.
Abubakar stated that integrating with the National Management Data would replace the use of passports, driver’s licenses,s, and others for identification for the purpose of registration with the CAC.
He further noted that the commission is working to provide a system that would allow for the submission of financial information effortlessly with more efficiency than the current system.
