Home Business Small Business CAC To Complement FG’s Efforts To Lift 100 Million Out Of Poverty
Small Business

CAC To Complement FG’s Efforts To Lift 100 Million Out Of Poverty

Share
Share

The Corporate Affairs Commission (CAC) has reinstated its readiness to complement the Federal Government’s efforts to lift 100 million citizens out of poverty, as the nation sets to hold the Nigeria Industrialisation Summit-2021.


According to statement signed by CAC’s Head of Media unit, Mr Rasheed Mahe, the Registrar General/CEO of CAC, Alhaji Garba Abubakar was quoted as saying this when he received members of the summit’s Local Organising Committee led by David Erewa,  the National Vice President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

Abubakar, who described CAC as the gateway to any foreign or local investment, stated the commission’s readiness to provide services at the event to facilitate Nigeria’s dire desire for industrialisation.

He used the forum to highlight the commission’s reform initiatives geared towards making the CAC attain the status of a world class companies registry.

He also assured of the commission’s support to the organisers in accordance with provisions of the law.

Earlier, leader of the delegation, Mr David Eweta , National Vice President of NACCIMA, said the summit was being organised in accordance with President Muhammadu Buhari’s commitment to lift 100 million Nigerians out of poverty within 10 years.

He revealed that, to support Nigeria realise the objective, the African Development Bank (ADB) under the leadership of its President, Dr. Akinwunmi Adesina, would  provide  520 million U.S dollars grant to support small businesses in some selected states across the country.

He further disclosed that in order to encourage participation, attendance would be free, adding that the event scheduled for November 2021 was expected to draw participants and resource persons from across the globe.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Stanbic IBTC Bank Set To Boost Entrepreneurship With 2024 Edition Of Its SME Training

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has commenced the 2024...

Odu’a Investment, Nigerian Philanthropy Office Sign MoU On MSMEs Funding

Odu’a Investment Company Ltd (OICL) and the Nigerian Office for Philanthropy and...

DavoDaniMfB Is Committed To Financial Support For SMEs

DavoDani Microfinance Bank (DDMFB) has taken a significant step towards fostering financial inclusion...

Polaris Bank Deepens Promotion Of SMEs In Nigeria With 2023 Fashion Souk

Polaris Bank, Nigeria’s Leading Digital Retail Bank, in partnership with Eventful Limited...