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CAC To Unveil New Business Registrations End Of August

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Corporate Affairs Commission (CAC)- Investors King

The Registrar-General, Corporate Affairs Commission (CAC), Garba Abubakar, has disclosed that two new forms of business registrations which were provided for by the Companies and Allied Matters Act (CAMA) 2020 will be available to Nigerians by the end of August.

He said the Limited Partnership (LP) and Limited Liability Partnership (LLP) were becoming increasingly desirable across various jurisdictions around the world.
Abu Bakar, at a stakeholders’ forum in Port Harcourt, Rivers State, also said that the commission was making arrangements to deploy a Customer Relationship Management (CRM) software next year.

He said the solution was designed to interact with customers and resolve their challenges within 24 hours.
The CAC boss also doused customers’ concerns over the commission’s denial of certain names for registration, adding that such rejected names had security implications while others were deceptive or abstract.

He, therefore, advised customers to always approach the commission with fully qualified names that equally agree with objects of the association or organisation applying for registration.

The registrar general who also used the forum to highlight the commission’s ongoing reforms stated that filing of statements of affairs and biannual statements were now conducted seamlessly on the companies registration portal.

He added that all but two forms of post-incorporation filings were now available online 24 hours a day on the company registration portal.

Abubakar stressed that the CAC no longer entertain filing of share transfer as it was alien to the law, pointing out that information on Person with Significant Control (PSC) was available free of charge on the CAC website in line with global anti-money laundering requirement.

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President Buhari To Speak At The 76th UN General Assembly By 2 PM

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President Muhammadu Buhari is set to address the 76th Session of the high-level General Debate of the UN General Assembly at the UN headquarters in New York on Friday, the News Agency of Nigeria reports.

The Nigerian leader will deliver his address at 2 PM Nigerian time (9 AM in New York) to other world leaders during the morning session.

Buhari will speak to the theme of the Assembly and other global issues.

The theme for the 76th session is, “Building Resilience Through Hope – To Recover from COVID-19, Rebuild Sustainably, Respond to the Needs of the Planet, Respect the Rights of People and Revitalise the United Nation’’.

Friday’s session will also include speeches by leaders from The Gambia, South Sudan, Republic of Benin, Senegal and Germany, among others.

The Nigerian leader has participated in some bilateral meetings with a number of leaders of other countries’ delegations and heads of International Development organisations.

Buhari has met with the President of Burundi, Evariste Ndayishimiye, held a meeting with Nigeria’s Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation and also attended the UN Food Systems Summit.

The Nigerian leaders also held a bilateral meeting with Her Majesty, Maxima Zorreguieta, Queen of The Netherlands and participated at a hybrid High-Level event, tagged “Transformative Actions for Nature and People”.

In addition, the President delegation had participated in other high-level meetings such as the Commemoration of the 20th Anniversary of the Adoption of the Durban Declaration and Programme of Action on Reparations, Racial Justice and Equality for People of African Descent.

The delegation is also attended the High-Level Plenary Meeting to commemorate and promote the International Day for the Total Elimination of Nuclear Weapons, among others.

(NAN)

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Over 8,000 Nigerian Doctors Now Work In UK, 353 Registered In The Last 100-Day

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The United Kingdom (UK) registered about 353 Nigerian doctors in the last 100 days, according to data from the General Medical Council – the body which licenses and maintains the official register of medical practitioners in the UK.

The GMC licensed at least 353 Nigerian-trained doctors between June 10, 2021, and September 20, 2021.

The statistics also showed that between July 24, 2020, and September 21, 2021, about 862 Nigeria-trained doctors were licensed in the UK despite the COVID-19 pandemic.

The data also showed that 8,737 doctors who obtained their degrees in Nigeria currently practice in the UK.

Officials of the National Association of Resident Doctors are speculating that the rate of migration might double in the coming weeks since doctors were not given the right remuneration.

They said that many Nigerian doctors are migrating to Saudi Arabia, which might be more than those moving to the UK.

A poll by NOI in 2018 showed that 88 percent of Nigerian doctors were considering work opportunities abroad, but experts say the figure may be higher due to the rising insecurity and economic crunch.

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Elections in Africa Must Follow Democratic Process – Osinbajo

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Africans must continue to make the extra effort in ensuring that elections in the continent go through the democratic process, remain transparent and fair, according to Vice President Yemi Osinbajo, SAN.

He said this yesterday while receiving the President-elect of Sao Tome and Principe, Mr. Carlos Manuel Vila Nova who paid him a courtesy visit at the Presidential Villa.

On the 18th of July, 2021, elections were held in Sao Tome to replace President Evaristo Carvalho, whose tenure expired on 3rd September, 2021. Based on constitutional provisions, an outright winner did not emerge from the polls and a run-off led to the emergence of Mr. Vila Nova, who would be sworn in 2nd October, 2021.

According to Prof Osinbajo “there is no question at all that for those of us in Africa, we must make the extra effort to ensure that the democratic process is very transparent. It is such a pleasure to see that that was what took place in your country which led to your election.”

Speaking about areas of cooperation between both countries, the Vice President said, “we already talked about some of the areas of cooperation…your tenure might be an opportunity to bring some of those things to fruition.”

Prof Osinbajo reassured Mr. Manuel Vila Nova of Nigeria’s support to ensure that “your tenure is as comfortable and effective as possible as partners and friends.”

In his own remarks, President-elect Vila Nova expressed appreciation to President Muhammadu Buhari for supporting Sao Tome and also thanked the Vice President for his attention, stating that Nigeria is a “friendly country” and the relationship between both countries dates back many years.

In attendance at the meeting were the Minister of State for Foreign Affairs, Ambassador Zubairu Dada, and a member of the Sao Tome and Principe’s cabinet, Mr. Americo de Oliveira Ramos.

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