• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, January 31, 2023
Leadership News
Read in Hausa
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
Leadership News
No Result
View All Result
Home News Business

Federal Govt Says NIN Compulsory For Business Registration

by Kingsley Okoh
2 months ago
in Business
Reading Time: 1 min read
NIN
Share on WhatsAppShare on FacebookShare on TwitterTelegram

The federal government has disclosed that, without the  National Identification Number(NIN ), Nigerians would no longer be able to register businesses.

This was disclosed by the registrar of the Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, on Monday in Abuja during the monthly reform seminar organised by the Bureau of Public Service Reform (BPSR).

He noted that, the necessity is to verify the integrity of the data they are collecting.

NIN NIN NIN
ADVERTISEMENT

Abubakar, speaking at a lecture session themed ‘Current  Reforms, Innovations and Challenges of the Corporate Affairs Commission, and Their Impact on the Growth of Nigerian Economy,’ said: “if you don’t have a NIN, it means you can’t register your company, The essence is to verify the integrity of the data we are collecting.”

On the security side, he added that, the Corporate Affairs Commission(CAC) opted for NIN because its security can’t be compromised, unlike the National Identity card, passport, and driver’s license, which could easily be cloned.

NIN NIN NIN
ADVERTISEMENT

He noted that,” we register an average of 2,000 companies every week. But it’s not just enough to register, you have to file your returns.

RELATED

APC Campaign Council Assures Of Issue-based Campaign

APC Leader Ends Door-to-door Campaign In Delta Community

17 hours ago
Concessioning: Federal Govt Names Preferred, Reserve Bidders For Abuja, Lagos, Kano Airports

Lagos Airport, Western Marine Customs Commands Get New Area Comptroller

17 hours ago

”As it stands, one man can register and own a company and if he is dead his children can take over for as long as the company is surviving and there are interests. In fact, before now, many people were forced to register their companies with a second party just to fulfil legal requirements, but with CAMA, all that is in the past.”

He added that, the Act has also introduced limited partnerships and limited liability partnerships, which now provide additional options for entrepreneurs and law firms.

 

SendShareTweetShare
Previous Post

‘Why Fuel Scarcity Persists’

Next Post

NEPC Urges Sokoto Businessmen To Explore Supports, Access Funds

Kingsley Okoh

Kingsley Okoh

YOU MAY LIKE

APC Campaign Council Assures Of Issue-based Campaign
Business

APC Leader Ends Door-to-door Campaign In Delta Community

17 hours ago
Concessioning: Federal Govt Names Preferred, Reserve Bidders For Abuja, Lagos, Kano Airports
Business

Lagos Airport, Western Marine Customs Commands Get New Area Comptroller

17 hours ago
NPA
Business

Lekki Port To Facilitate Trade Volume, Increases GDP Growth

17 hours ago
Next Post
Social Market Approach To Drive Policy Implementation For MSMEs –  Ezekwesili

NEPC Urges Sokoto Businessmen To Explore Supports, Access Funds

ADVERTISEMENT

LATEST UPDATES

JUST-IN: EFCC Arrests Racketeers Of New Naira Notes In Abuja

JUST-IN: EFCC Arrests Racketeers Of New Naira Notes In Abuja

January 30, 2023
Why Implementation Of Oransaye Report Is Slow – Buhari

Attack On Buhari, Invented In PDP’s Imagination – APC Campaign

January 30, 2023
Abuja Light Rail To Resume Operations Before May 29 – Minister

Abuja Light Rail To Resume Operations Before May 29 – Minister

January 30, 2023
PDP Condemns Attack On Buhari In Kano, Blames Tinubu, Ganduje

PDP Condemns Attack On Buhari In Kano, Blames Tinubu, Ganduje

January 30, 2023
JUST-IN: Chaos In Rivers As SDP Guber Candidate, Abe, Escapes Assassination

JUST-IN: Chaos In Rivers As SDP Guber Candidate, Abe, Escapes Assassination

January 30, 2023
Self-Awareness Is Critical To Success In Turbulent Times – Former British Ambassador

Self-Awareness Is Critical To Success In Turbulent Times – Former British Ambassador

January 30, 2023
Jennifer Douglas To Inspire Women In Trade At UK Parliament

Jennifer Douglas To Inspire Women In Trade At UK Parliament

January 30, 2023
Army Arrests 116 Miscreants In Lagos, Recovers Arms, Illicit Drugs

Army Arrests 116 Miscreants In Lagos, Recovers Arms, Illicit Drugs

January 30, 2023

© 2022 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast

© 2022 Leadership Media Group - All Rights Reserved.