The CAC has assured that it will collaborate with a nongovernmental organisation, Kudimata, to register 30 thousand businesses owned by Corps Members. The Registrar-General/CEO CAC, Hussaini Ishaq Magaji, revealed this on Tuesday 13th February,2024 while receiving Mrs. Kathleen Erhimu, the founder of Kudimata Nig Ltd.,who was on a courtesy call to the Commission. Hussaini Ishaq Magaji described the development as a huge boost to his dream of registering 20 million businesses in 2024. Speaking on her mission to the CAC, the founder, Kudimata, said the over-two-year-old firm is in partnership…
Day: February 13, 2024
FG to establish National Commodity Board to tackle food security ,price volatility
The Federal Government has hinted at plans to establish a National Commodity Board as a solution to the escalating food inflation in the country. In tackling price volatility, the board will be given the mandate to assess and regulate food prices, as well as maintain a strategic food reserve for stabilizing prices of crucial grains and other food items. Vice President Kashim Shettima disclosed this on Tuesday during a two-day high-level strategic meeting on climate change, food systems and resource mobilization held at the Banquet Hall of the Presidential Villa,…
CAC partners Opay to formalise 300,000 Unregistered businesses
In its continued bid to drive compliance and achieve President Bola Ahmed Tinubu’s dream of creating 50 million jobs, the Corporate Affairs Commission has announced plans to formalise 300,000 businesses in the country. The Registrar-General/CEO of the CAC, Hussaini Ishaq Magaji, revealed on Tuesday during a meeting with the management of Opay Services Ltd. Magaji recalled that last week the CAC recorded a similar milestone for bringing on board two million businesses through Moniepoint. The CAC boss, who stressed that operating businesses without registration was criminal under the provisions of…
RE: ENDING THE AFFRONT TO THE RULE OF LAW : A RESPONSE To COLLINS NWEKE By Magnus Agu [email protected]
Reading through the public letter by Collins Nweke, purportedly addressed to the new Chairman, House Committee on Diaspora Affairs I thought it would be something new, something different, something more intelligent. But it was all still same of the same I won’t bore you with a long treatise I think Collins Nweke already did that .So let me go straight to the points that I want to focus on in the write-up 1. The issue of Nido ( Nigerians in diaspora organization )Collins Nweke has taken us through the history…
Ministry of Industry mulls partnership with NIDCOM to boost Diaspora Investments in Nigeria
The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite has expressed the need to work with the Nigerians in Diaspora Commission (NIDCOM) to boost diaspora investments in the Country. Speaking during a courtesy call by the Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM), Hon. Abike Dabiri-Erewa, the Minister said she will create a full department called “Catalytic Investment Unit” in the Ministry to accommodate all diaspora related matters. The Minister commended NiDCOM, partnering with three private sector-led Nigerian Diaspora Summit initiative (NDSI) to organise the Nigerian Diaspora Investment summit, which…
Tinubu Confers National Honours On Super Eagles, Gifts Them Plots Of Land
President Bola Tinubu has coffered national honours on all members of the Super Eagles squad that won the silver medal at the Africa Cup of Nations (AFCON) in Cote d’Ivoire. DDM News reports that the president also granted a plot of land in the Federal Capital Territory (FCT) and a flat to each of them for their feat at the just concluded competition. Nigeria’s run to claim the country’s fourth AFCON title came to a disappointing end after the Eagles lost 2-1 to Cote d’Ivoire in the final on Sunday.…
BREAKING: PDP confirms Wabara as BoT chairman
The Peoples Democratic Party (PDP), has confirmed Chief Adolphus Wabara, a former Senate President as the substantive chairman of the party’s Board of Trustees. Also, Ahmed Makarfi, a former governor of Kaduna State, was appointed BoT Secretary. He will be succeeding Kabir Turaki, former Minister of Special Duties. The declaration was made at the end of the 76th BoT meeting, held on Tuesday at Wadata Plaza in Abuja
Emefiele forged Buhari’s signature used to move $6.2m — Boss Mustapha
Boss Mustapha, a former Secretary to the Government of the Federation, has told the Federal Capital Territory High Court that his principal, former president Muhammadu Buhari, never approved USD6,230,000 as payment for election observers. He appeared as second prosecution witness on Tuesday against Mr Godwin Emefiele, a former governor of the central bank who is currently facing a 20-count charge bordering on alleged corrupt practices and forgery instituted by the Economic and Financial Crimes Commission (EFCC). The Economic and Financial Crimes Commission had alleged that on February 8, 2023, Emefiele…
Senator Onyesoh mourns tragic death of Herbert Wigwe, His Wife, and Son.
The Senator, representing Rivers East Senatorial District and Chairman Senate Committee on Federal Character and Intergovernmental Affairs, Senator Chief Allwell Heacho Onyesoh, (DSSRS) has expressed shock over the sudden demise of his brother and constituent, Dr. Herbert Onyewumbu Wigwe, who tragically lost his life in a helicopter crash in the United States of America over the weekend among others. Dr. Wigwe, who was Group Chief Executive Officer of Access Holdings PLC, died in the crash with his wife Doreen, their son Chizi, and former Group Chairman of the Nigerian Exchange…