17TH NBA-SBL INT’L CONFERENCE: NBA lauds CAC exceptional performance

The Nigerian Bar Association Section on Business Law (NBA-SBL) has commended the active and impactful participation of the Corporate Affairs Commission in its just concluded 17th Annual International Business Law Conference held in Lagos.

The conference with the theme “The Nigerian Business Landscape: Priorities for Law, Policy, and Regulation” took place from Wednesday, July 5th, to Friday, July 7th, 2023.

The NBA-SBL Chairman of the Governing Board, Dr. Adeoye Adefulu, stated this while speaking to reporters in Lagos shortly after visiting the Regulatory clinic set up by the association.

Adeoye Adefulu said he was amazed by the CAC team, which provided robust engagement with customers and resolved most of their lingering challenges.

He therefore said that the CAC-NBA-SBL relationship should be further strengthened for the benefit of the Nigerian economy.

Adefulu, who commended the automation of most CAC services, enjoined it to reinvigorate problem-solving mechanisms to ensure faster resolution of issues.

Also speaking, the Coordinator of the Regulatory Clinic, Oluwatoyin Oladejo, expressed satisfaction with the turnout of customers and the immense support and resolution of issues by the CAC team.

While describing the clinic as the best part of the conference, Oluwatoyin called for the sustenance of the collaboration, which had been impactful.

She enjoined customers to endeavor to always read the available guidelines on the CAC’s Companies Registration Portal (CRP) in order to maximize their usage as well as avoid unnecessary challenges.

Speaking in the same vein, Mohammed Abdullahi, Technical Assistant to the Registrar General, charged CAC’s valued customers and the general public interfacing with the Companies Registration Portal to first read the inline guidelines before embarking on any transaction.

Mohammed Abdullahi also encouraged customers to imbibe the habit of visiting the CAC website, to update themselves and pick meaningful resources that would help them get services easily.

He charged customers to always be mindful of the devices they use, ensure robust connectivity with diligence, and check payment status before submitting applications.

CAC News reports that the 2023 NBA SBL conference attracted a distinguished faculty of knowledgeable speakers and resource persons from within and outside Nigeria.

Since its inception in 2004, the Annual Business Law Conference of the NBA-SBL has been a converging point for decision-makers in both the public and private sectors.

It has also been the largest gathering of business lawyers in Nigeria, with over 1,000 lawyers and legal professionals having attended over 20 working sessions covering all areas of practice relevant to lawyers and to Nigerian businesses.

CAC News reports that other Regulators that attended the clinic include the Trademarks, Patents, and Designs Registry, the Special Control Unit Against Money Laundering (SCUML), the Federal Competition and Consumer Protection Commission (FCCPC), and the Financial Reporting Council of Nigeria (FRC), among others.

 

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