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CAC processes 10,000 daily registrations after AI rollout

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The Corporate Affairs Commission has disclosed that it now processes close to 10,000 business registration requests daily, a dramatic leap from the “few hundreds” recorded in its early years, following the full deployment of artificial intelligence across its service platforms.

The commission, however, admitted that the transition to an AI-driven portal caused disruptions and temporary setbacks in productivity and service delivery in 2025.

The Registrar-General of the commission, Hussaini Magaji, made this known on Monday in Abuja at the opening ceremony of CAC’s 35th anniversary celebration, where he described the milestone as a defining moment in Nigeria’s economic formalisation drive.

The event, themed “Upholding Public Trust through Excellent Service Delivery,” was held to celebrate the commission’s resilience, teamwork, and institutional evolution since its establishment in 1991.

The commission was established by the Companies and Allied Matters Act of 1990 to replace the inefficient Company Registry.

As an autonomous body, it handles the incorporation and regulation of companies, business names, and incorporated trustees. It was modernised by CAMA 2020.

Speaking in his address, Magaji said CAC’s operations have since evolved into a fully digital, end-to-end registry, accessible across Nigeria and globally on a 24-hour, seven-day basis.

“When the Corporate Affairs Commission was established in 1991, our story began humbly, but with a bold mandate. At the time, CAC operated from a single office in Area 11, Garki, Abuja, serving the entire nation.”

He recalled that business owners and associations were then forced to travel from across the country to Abuja to register entities, as processes were entirely manual and records were paper-based.

“Service delivery was limited by geography and time. Yet, that single office laid the foundation for what has become one of Africa’s most dynamic and reform-driven corporate registries. Fast-forward to 2026, and our services are no longer confined to one location,” he said. “This is our evolution: from paper to portal, from queues to clicks, from stress to seamless, from one office to the world.”

He attributed the surge in registration volumes to tax reforms, government policies promoting the formalisation of informal businesses, and the rapid growth of digital and social media-driven enterprises.

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“To put this into perspective, CAC now receives close to 10,000 business registration requests daily, compared to only hundreds in the past,” Magaji said. “In addition, our complaint management system, through emails and call centres, now handles an average of 5,000 inquiries every single day.”

He argued that such volumes would be impossible to manage manually. “Imagine the number of staff required to manage this volume. Only AI can effectively complement human capacity with the required speed, accuracy, and precision,” he added.

He, however, acknowledged that the year was particularly challenging due to the transition, noting that transformational change often comes with initial difficulties.

“I must acknowledge, however, that 2025 was particularly challenging. The transition to an AI-driven portal came with disruptions and temporary setbacks in productivity and service delivery in some areas. Transformational change is never easy. Nevertheless, I sincerely appreciate our stakeholders and customers for their patience, understanding, and confidence that the desired outcomes will emerge.

“As I have consistently assured you, I will not relent until the CAC delivers services that rank among the best in the world. Indeed, nothing truly good comes easy. Today is not merely a celebration of time; it is a celebration of purpose, resilience, transformation, and national impact,” Magaji said.

Magaji described the commission’s AI transition as inevitable, stressing that CAC had already become a global reference point in name reservation and business name registration, with turnaround times of as little as 10 minutes.

“Let me state clearly: the deployment of AI at CAC is not optional; it is necessary. Nevertheless, I sincerely appreciate our stakeholders and customers for their patience, understanding, and confidence that the desired outcomes would emerge.”

To deepen its digital transformation, Magaji announced the signing of a Letter of Collaboration between CAC and Google, describing it as a strategic partnership to strengthen service delivery. “Google brings global expertise and technological support that will further strengthen our systems, enhance portal performance, and deepen the ease of doing business in Nigeria,” he said.

He also unveiled a redesigned CAC website (www.cac.gov.ng) featuring new AI-powered tools, including an AI Lawyer, which provides instant responses on CAC laws and procedures, and an AI Name Generator, which allows users to generate and reserve scalable business names with ease.

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As part of its anniversary initiatives, the commission approved free business name registration for 3,500 small businesses across the 36 states and the Federal Capital Territory.

Other initiatives include scholarships for the six best corporate law students from each campus of the Nigerian Law School in 2026, donation of 120 mattresses to an IDP camp, support for orphanages, and a 25 per cent commemorative staff bonus. Special car and housing loan schemes were also announced for staff, alongside board-recommended promotions for pioneers and retiring officers.

“As we celebrate the past, we are even more inspired by the future, one driven by technology, efficiency, transparency, and global standards.

“In the spirit of this celebration, the management of CAC has approved the following initiatives: free business name registration for 3,500 small businesses, to be distributed across the 36 states of the federation and the Federal Capital Territory; scholarships for six best corporate law students from each of the six campuses of the Nigerian Law School for the year 2026, in support of corporate law studies; donation of 120 mattresses to an IDP camp; and support for orphanages as part of our social responsibility.

“Equally, in recognition of our resilient staff who have driven these reforms, and in line with our Conditions of Service, particularly Paragraph 6.02, I am pleased to announce a commemorative staff bonus of 25 per cent of one month’s gross salary, applicable for this month only. Special car loan and special housing loan.

“Finally, to our pioneers and retiring staff who could not make it in the current promotion exercise, the Management has recommended their promotion to our Board in line with our Conditions of Service,” he concluded.

Delivering a goodwill message, the Chairman of the House of Representatives Committee on Commerce, Ahmed Munir, said the commission’s digital transformation had simplified the process of business registration and empowered millions of entrepreneurs to transition from the informal to the formal economy.

According to him, CAC’s reforms have strengthened Nigeria’s structured economy by easing the journey from business ideas to fully registered corporations. He urged stakeholders to work together to ensure that no Nigerian entrepreneur is hindered by regulatory barriers but supported by an efficient and ambitious system.

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“Embrace the digital frontier by simplifying the path from idea to corporation. You have empowered millions of entrepreneurs to move from the informal sector into the structured economy.

“I see a future where ECOWAS shall be freely integrated with a West Africa Corporate Affairs Commission headquartered in Nigeria, backed by an ECOWAS stock market to expand capital within ECOWAS communities, becoming a major player in the technical community and the global market square. Our committee remains committed to providing legislative support, as necessary, to further enhance your digital infrastructure and transparency.

“We view the CAC not just with recognition, but with responsibility. As we look to the future, let us remember that every certificate issued is more than just paper. Let us work with vigour to ensure that no Nigerian entrepreneur is held back by regulation, but is instead propelled by a system that is as fair and ambitious as they are. Together, we are not just registering companies; we are igniting the engine of the giant of Africa. Congratulations to the men and women of staff; onward to greater heights,” he said.

The Director-General of the National Information Technology Development Agency, Kashifu Abdullahi, pledged technical backing for CAC’s AI reforms. “We are in the era of artificial intelligence, and the only way to transform institutions today is to embrace and integrate AI into operations,” Abdullahi said, assuring the commission of support in deploying ethical and responsible AI solutions.

Established in 1991, the Corporate Affairs Commission is Nigeria’s statutory body for the registration and regulation of companies, business names, and incorporated trustees. Its reforms are central to the Federal Government’s drive to improve Nigeria’s ease-of-doing-business ranking, expand the tax base, and formalise micro, small, and medium-scale enterprises.

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Fuel Subsidy Is The Biggest Scam – Donald Duke

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Former governor of Cross River State, Donald Duke has described fuel subsidy as the biggest scam.

It was reports that Duke made the claim in a recent interview.

The Peoples Redemption Party (PRP) presidential candidate argued that Nigeria’s crude oil resources could support significantly lower domestic fuel prices if properly managed.

“Look, I don’t believe there’s any subsidy in fuel.

“For a barrel of crude oil, there are about seven by-products. The two consequential ones are diesel and petrol, PMS and AGO, and kerosene, aviation fuel and all those things.

“You sell them at commercial rates, okay? Work it out. You can almost sell petrol today at ₦200 a litre, not the ₦1,000-plus.

“So that thing about subsidy, I think, is the biggest scam that has been perpetrated, maybe globally,” Duke said.

The former governor also described Nigeria as an energy-rich country that has failed to translate its vast resources into affordable and reliable energy for its citizens.

“You’re an energy-blessed country. You have all known forms of energy existing in Nigeria, from the crudest, which is human labour, to hydrocarbons, solar, hydro, uranium and now lithium.

“You have all those things. Why are we still energy-poor? Because the political will is not there. But even beyond the political will, we’re not thinking through this,” Duke said.

Duke said the continued flaring of natural gas, despite the country’s energy challenges, was another indication of what he described as poor management of Nigeria’s resources.

“We easily flare two billion cubic feet of gas a day. That is equivalent to 20 million litres of diesel.

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“If you had a turbine to power all of Africa, it would not consume 20 million litres of diesel daily.

“So, it’s akin to the abundance of water while the fish is thirsty,” he said.

He also rejected arguments that domestic fuel prices should be benchmarked against international prices, saying countries should leverage their natural resources to improve the welfare of their citizens.

“When I hear excuses like, ‘Oh, it’s cheaper in America,’ or, ‘We’re cheaper than it is in America,’ every country has its own endowments.

“You’ve got to use what you’ve got to get what you want. We are an energy-blessed country. The people should feel their blessings,” he said.

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Whatsapp to begin charging businesses per message from October 1

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Meta, the parent company of WhatsApp, will begin charging businesses for certain messages sent through the WhatsApp Business Platform from October 1, 2026.

This was disclosed in a WhatsApp Business Platform pricing update in July 2026.

The new charges will be applied to companies using the official WhatsApp Business Platform, formerly known as the WhatsApp Business API, to manage customer conversations at scale.

Banks, fintechs, e-commerce companies, telecoms operators, logistics firms and large retailers that rely on the platform for customer service and transactional communication are among those that could be affected.

However, the development will not affect ordinary WhatsApp users or most small businesses using the standard WhatsApp Business app on their phones.

Under the current system, when a customer sends a message to a business, a 24-hour customer service window opens. During that period, businesses can respond with free-form service messages and certain utility messages without paying Meta.

However, from October 1, Meta will begin charging businesses on a per-message basis for service messages sent during the customer service window.

Meta, in its developer documentation, said, “Effective October 1, 2026, Meta will charge on a per-message basis for all service messages, consistent with how Meta charges for template messages. These messages have not been charged since November 1, 2024.”

The company added, “Effective October 1, 2026, Meta will charge on a per-message basis for utility messages sent in response to users (within an open 24-hour customer service window). These messages have not been charged since July 1, 2025.”

Utility messages include communications such as payment confirmations, order updates and delivery notifications.

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Meta also warned businesses and Solution Providers about the need to add a payment method ahead of the new charges.

It said, “For any Solution Provider or directly-integrated businesses that does not have a payment method on file by September 30, 2026, Meta will stop delivering service messages as of when they become charged on October 1, 2026.”

For Nigerian businesses, a chargeable utility or service message is expected to cost about $0.0101 per message, equivalent to roughly ₦14 based on an exchange rate of about ₦1,340 to the dollar.

Marketing messages are considerably more expensive, at about $0.062 per message, or approximately ₦84 at the same exchange rate.

The charges are Meta’s fees and do not necessarily represent the total amount a business will pay. Companies using Business Solution Providers or third-party platforms to access the WhatsApp Business Platform may incur additional provider charges.

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FG reaffirms partnership with Taraba to unlock economic potential

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The Federal Government has reaffirmed its commitment to working with the Taraba State Government to unlock the state’s vast potential in agriculture, energy, tourism, infrastructure and mineral resources.

The Minister of Information and National Orientation, Mohammed Idris, stated this on Thursday in Jalingo at the Gala night to mark the Taraba State’s 35th anniversary and the official unveiling of the Taraba Regional Development Master Plan.

He described the newly unveiled Taraba Regional Development Master Plan as an important blueprint for sustainable growth.

Idris, who conveyed the greetings of President Bola Tinubu and the Federal Executive Council to the government and people of Taraba State, said the state’s 35th anniversary offered an opportunity not only to celebrate its progress since creation in 1991, but also to define a clear pathway for its future.

He commended Governor Agbu Kefas of Taraba for adopting a long-term development framework, saying the success of the Master Plan would ultimately depend on sustained implementation and its impact on the lives of citizens.

“The success of this Master Plan will not be measured by the ceremony at which it is unveiled, but by the roads built, businesses created, jobs generated, communities connected and lives improved,” the minister said.

Idris described Taraba as one of Nigeria’s most promising economic frontiers, with enormous opportunities in agriculture and agro-processing, livestock, hydropower, tourism, manufacturing and mineral development.

He praised the Kefas Administration for its investments in education, healthcare, infrastructure, security and economic development, particularly its policy of free and compulsory primary and secondary education.

He said the evidence was in the provision of more than N1.8 billion in 2026 to cover NECO, BECE and NABTEB examination registration for public-school students.

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The minister also highlighted the approximately 268 million dollars financing agreements signed between Taraba State and the ECOWAS Bank for Investment and Development for an integrated industrial park, 10,000 hectares of irrigated rice production and processing, and a 50-megawatt solar power plant in Jalingo.

He said the investments represented the kind of initiatives required to convert the state’s natural advantages into production, value addition, employment and sustainable economic growth.

Idris said Tinubu’s administration was complementing the state’s development drive through major federal infrastructure projects.

“These include the Gembu–Mbamnga–Yang (Lip) Road, the Bali–Serti–Gashaka–Gembu Road, interventions on the Jalingo–Mutum Biyu–Tella–Wukari corridor, as well as further work on the Mayo Selbe–Gembu, Mutum Biyu–Garba Chede and Jalingo–Numan roads.

“These are more than roads. They are investments in connectivity, trade, tourism, agriculture, security and the movement of people and goods,” he said.

The minister also reaffirmed the federal government’s commitment to harnessing Taraba’s agricultural, energy and mineral potential, including the strategic Mambilla Hydroelectric Power Project.

On security, Idris said the federal government was advancing reforms toward the establishment of State Police to bring policing closer to communities while ensuring professionalism, accountability and safeguards against abuse.

He said such a framework could be particularly beneficial to Taraba because of its vast terrain and dispersed border communities, where local knowledge, intelligence gathering and rapid response were critical to effective policing.

The minister also cited the establishment of the Nigerian Army’s 10 Division, headquartered in Jalingo, with operational responsibility for Taraba and Adamawa States, as evidence of the federal government’s commitment to strengthening security in the region.

“Security and development must go together. People cannot invest, farmers cannot move their produce, tourists cannot visit and businesses cannot grow where communities feel unsafe,” Idris said.

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He said the federal government’s economic reforms were designed to create a stronger fiscal foundation for development, noting that the removal of petrol subsidy had mobilised N15.8 trillion in additional resources for the Federation between June 2023 and December 2025.

According to him, approximately N5.4 trillion accrued to the federal government while about N10.4 trillion went to states and local governments, providing additional resources for infrastructure, education, healthcare, security and human capital development.

Idris said the federal government remained opposed to a return to the previous subsidy regime, stressing that the priority was to consolidate the gains of reform, protect vulnerable Nigerians and ensure that additional public resources translated into tangible improvements in citizens’ lives.

He emphasised that development must ultimately be people-centred, creating opportunities for young people, expanding women’s economic participation, supporting farmers and small businesses, and connecting communities to markets and public services.

The minister also pledged stronger collaboration between the Federal Ministry of Information and National Orientation and the Taraba State Ministry of Information and Re-Orientation to ensure citizens understand and embrace the objectives of the Master Plan.

“The vision contained in this Master Plan must go beyond government offices. It must reach the farmer, the entrepreneur, the student, the trader and communities across Taraba.

“This is because a plan for Taraba must ultimately be a plan owned by the people of Taraba,” he said.

Idris congratulated Kefas, the government, and the people of Taraba State on the state’s 35th anniversary, describing the occasion as both a celebration of Taraba’s history and a renewed commitment to its future.

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“35 years of history. A new blueprint for the future. And a renewed commitment to building the Taraba we want and the Nigeria we deserve,” the minister said.

In his remarks, Kefas also called for continuity in governance, acknowledging the contributions of former military administrators and elected governors to Taraba State’s development.

He said his administration was committed to building on previous achievements, correcting what needed to be corrected, completing worthy projects and opening new frontiers for future generations.

He stressed that the development of Taraba must remain bigger than any government, political party, ethnic group or individual, urging former leaders to continue contributing their experience and institutional knowledge to the peace, unity and prosperity of the state.

“Government must be a continuum. Development must be cumulative. Taraba is bigger than any government, any administration, any political party, any ethnic group, or any individual,” Kefas said.

He added that the ultimate credit for development belongs to the people of Taraba State.

Present at the event were the former Governor of Taraba State, Rev. Jolly Nyame; Secretary to the Government of Taraba State, Chief G.T. Kataps; Director-General of the Nigerian Television Authority, Salihu Dembos; and  Director-General of the Federal Radio Corporation of Nigeria, Dr Mohammed Bulama.

Others were the Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho; as well as other distinguished government officials, traditional leaders, members of the diplomatic and business communities, and other dignitaries.

NAN

Source: punchng.com

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