
Dr Olusegun Aganga, the Minister of Industry, Trade and Investment, said that the new online registration portal was developed by CAC to make registration of business easy and accessible to its clients.
“Nigerians will no longer have to incur extra costs and will not travel to the CAC’s office to register their businesses,’’ Aganga said.
He added that it was a joint initiative with the Federal Ministry of Communications Technology under Government Service Portal initiative. He explained that the portal was robust enough to accommodate all platforms such as inter-switch, e- transaction and visa card. Others include Verve card, American express and other forms of electronic payment.

He demonstrated the use of the portal which took him only 15 minutes to register his business name, adding that the online registration would reduce the cost of doing business in Nigeria. Aganga said that the registration was in line with the Transformation Agenda of President Goodluck Jonathan to fast track the development of the nation’s economy.
Earlier, Dr Omobola Johnson, the Minister of Communication Technology, said that online registration would enable users to make payment services from the comfort of their homes. Johnson said that the portal would assist in revenue general for the commission as well block all financial leakages. She said that the portal was developed with local content in ICT initiative and was done to increase the participation of Nigerian companies in the ICT sector.
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