CAC logo

By Ngozi Onyeakusi—The Registrar General, Corporate Affairs Commission CAC, Hussaini Ishaq Magaji has said that all social media must register with the Cooperate Affairs Commission. Magaji  said this during a courtesy visit by  the Managing Director, Opay, Dauda Gotring and his team in Abuja. He said “the federal government’s agenda is to ensure job creation. The CAC is set to ensure that every business no matter how little is registered. Every social media and content creators must be registered and enforced to pay tax. This cannot go on, these group of people are under mandate to register as a business considering the amount they make from these content creation, the government is all out to ensure every business in Nigeria no matter what or how is registered with the CAC.

The corporation is registering three hundred thousand companies in line with the job creation agenda of  President Tinibu’s agenda. The commission is registering another batch of three hundred thousand business names from Opay. The visit from the Opay team is to ensure regularisation of these business names in CAC. This will expand tax net, encourage businesses and create more jobs for Nigerians.  The MD, Opay Dauda Gotring said the idea behind Opay operations is to ensure every Nigeria is uses a bank, even in the rural areas. Opay is ready to partner with CAC to ensure these group of people have their businesses registered, with their consent though.

Gotring said the Opay organization is working to ensure that all companies no matter how little, as long as you operate as a business you should be registered with the CAC, and since Opay handles these accounts the are working on sensitising the owners of the accounts so the can be registered with CAC. In the same vein, the General manager,  Kudimata, Ms Kathleen Erhimu, also said that over 400.000 corpers have been trained in different skill acquisition programmes and 300.000 are to  registered there companies with CAC. She said that, it is a small skill acquisition programmes meant for National Youth Service Corp  in partnership NNPC .She said, “we do not allocate programs to, the corpers they choose the skill  they are interested in, and after the training,  the starter pack kit is giving to them.