Business
CAC Registrar General is a dictator—Lawyers
Corporate Affairs Commission (CAC) building on Tigris Crescent was shut down by Lawyers who stage a protest against the leadership of Alhaji Garba Abubakar which they described as dictatorial. According to the lawyers, Abubakar who is the Registrar General and Chief Executive Officer of the CAC is frustrating President Muhammadu Buhari’s Ease of Doing The lawyers were lamenting the treatment and introduction of manual processes which have taken the management of the CAC back to the 80s.
“For over three weeks I have been following up on a certificate that I received the RC on 27 June and I am yet to collect the certificate because of the cumbersome system put in place by the RG. We are kept in the CAC car park for long hours waiting for certificates that never come out. The RG is only concerned about money and seeing us suffer,” the lawyer said. Another lawyer that spoke to Chronicle NG explained that after concerns were raised they brought out another circular which says it was for going forward. “When I uploaded my applications they were denied and I was told to comply with the first query. The RG has no respect for lawyers.
He feels he is a law unto himself. “He doesn’t listen to suggestions and feels like he knows it all. We used to do manual searches before but because of COVID they said they will only do status reports. We did not mind because we are open to change but then he increased the search fee by N3,000. The problem is, they give inaccurate information and mix things up,” another lawyer said. “If you rely on information contained in the report to seal a deal, you will suffer loss.”
“I heard from a reliable source that he intends to make it permanent after COVID because of the additional N3000 charge.
-
Finance6 hours agoTotal capital importation rose in Q4 2025, says statistics bureau
-
Economy6 hours agoFG begins registration for training of 10m Nigerians on financial literacy
-
Oil and Gas6 hours agoDangote Refinery reduces petrol price to N1,200 per litre
-
Finance6 hours agoFirstBank empowers SMEs with AI-driven growth strategies, hosts SMEConnect webinar
-
News6 hours agoAfreximbank launches inaugural accelerator programme cohort to scale Africa’s Digital trade ecosystem
-
Economy6 hours agoWBG working with governments, private sector, regional partners, stakeholders to help solve Middle East war challenges challenges
-
News6 hours agoPower sector reforms attract $2bn investments – Adelabu
-
News6 hours agoDangote Refinery cautions stakeholders on IPO speculation
