Service Efficiency: CAC Incorporates NNPC Limited Same Day After Request

The Corporate Affairs Commission has Incorporated Nigerian National Petroleum Company Limited in accordance with provisions of the provisions of Petroleum Industry Act (PIA), 2021 signed into law by President Muhammadu Buhari, in less than a day after submission of the request.

The Registrar General of the Corporate Affairs Commission, Alhaji Garba Abubakar revealed this in Abuja while speaking at the Quarterly meeting of Heads of Agencies under the Federal Ministry of Industry Trade and Investment.

The Registrar General further stated that the registration was completed same day after fulfilling all requirements set for the incorporation of the NNPC LIMITED.

Abubakar while updating the gathering on the digitization of the Trademark and Patent Registry which was being pursued by the CAC in a bid to ensure synergy said the project was awaiting clearance from NITDA which was studying the statement of requirement submitted to it.

From Right to Left: The Registrar General, Corporate Affairs Commission, Alhaji Garba Abubakar

On the free Federal Government sponsored 250,000 Business names registration, the Registrar General said despite suffering a delay from one of the selected Aggregators, the Commission had less than 3,000 applications to wind up the project and therefore gave a commitment to ensure completion by first week of October, 2021.

Declaring open the meeting earlier, the Minister of Industry Trade and Investment, Otunba Niyi Adebayo said the event was being held quarterly to assess amongst other things, the journey so far, challenges and way forward for the agencies under the ministries purview.

Otunba Adebayo therefore charged the agencies to ensure more commitment and dedication to service for the overall growth of the economy.

In her remark, the Minister of State for Industry, Trade and Investment, Ambassador Maryam Katagum gave an update on the implementation of the Covid-19 Survival Fund which she described as tough and challenging experience but a huge success.

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