The Governor of Lagos State, Babajide Sanwo-Olu, has appealed to the Corporate Affairs Commission (CAC) to simplify its registration process, especially for startups and small businesses that might struggle to pay registration fees.
The Governor ssaid this on Thursday during a courtesy call on him by the Registrar-General of CAC, Mr Hussaini Magaji, at Alausa, Ikeja.
This appeal comes amid the struggle by Point of Sales (PoS) operators to meet the July 7, 2024 registration deadline set by the CAC.
Sanwo-Olu, who was represented by his Deputy, Dr Obafemi Hamzat, suggested that the CAC could adopt a model similar to the state tax card, which provided a database for the government to manage infrastructure needs without burdening businesses.
While expressing the state government’s willingness to collaborate with the CAC to ensure seamless registration of businesses in the state, he emphasized the need for more sensitization to correct the perception that registering with the CAC was difficult.
