CAC targets AI to enhance future operations

The Registrar-General/CEO of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji has said Speed, Cost, Accuracy, and timeliness will be among the important determining criteria for the evaluation of a global registry in the future.


Hussaini Magaji stated this while declaring open the 2023 Management Retreat of the organisation in Keffi, Nassarawa State.

CAC Registrar-General said the theme: “THE ROLE OF THE CORPORATE AFFAIRS COMMISSION IN PROMOTING INVESTMENT AND ECONOMIC DEVELOPMENT.”underscored the role the Commission played in the birth and sustainability of businesses.


Represented by Justine Nidiya, Director of Compliance, the Registrar-General stressed that future operations of the Registry are expected to be cloud- and artificial intelligence-based.


He therefore charged the CAC staff to strive hard to invent and reinvent themselves as individuals and as an organisation to avoid becoming obsolete.


The CAC boss, who chronicled the CAC’s movement from manual to semi-automated to fully automated and now offers online operations, therefore urged participants to offer frank but courteous contributions to discussions that will build the future registry of their dreams.


The event witnessed paper presentations and panel discussions on the Beneficial Ownership Register (B.O.R.) presented by Favour Ime of Open Ownership,Data Protection, and Security by Ayodeji Rex Abitogun and Key Performance Indicators (KPI) by Ayo Murtala amongst others.

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