The Economic and Financial Crimes Commission (EFCC) and the Corporate Affairs Commission (CAC) have reaffirmed their commitment to collaborating in the fight against corruption.
This commitment made during a visit by EFCC Chairman, Ola Olukoyede, to the CAC Registrar-General and CEO, Ishaq Magaji aimed to foster economic growth and create a more transparent business environment.
Olukoyede expressed appreciation to the CAC management and staff for their prompt responses and support in assisting the EFCC’s operations.
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He emphasised that both agencies are working towards their mandates in the interest of the nation.
The EFCC chairman also reiterated his resolve to leverage anti-corruption efforts as a tool for economic stimulation, ensuring a fair and conducive environment for investors and businesses to thrive.
In response, Magaji highlighted the importance of the visit in strengthening the longstanding partnership between both institutions.
He noted that collaboration in areas such as knowledge and information sharing would further enhance their efficiency in tackling corruption-related crimes.
Magaji also reaffirmed CAC’s commitment to aligning with President Bola Tinubu’s seven-point transformation agenda aimed at revitalizing the economy.
He disclosed that the commission had adopted artificial intelligence (AI) to streamline its company registration processes.
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“Our intelligent company registration portal is designed to facilitate seamless registration, with the ultimate goal of completing company registrations within one hour, similar to the UK Companies House model,” Magaji stated.