CAC to replace passport, driver’s licence with NIN for biz registration

The Corporate Affairs Commission (CAC) said it will soon replace the existing means of identification for persons applying for business and company registration with the National Identification Number (NIN).

 The Registrar-General of the commission, Garba Abubakar, disclosed this during the 2022 Management Retreat held in Kano.

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Abubakar said integrating with the National Management Data would replace use of passport, driver’s licence and others for identification for the purpose of registration with the CAC.

“For every Nigerian and a foreigner residing in Nigeria, all we will require from you moving forward is your NIN, and we will validate your information from the NIN. If there are discrepancies, we will not register; you have to rectify it,” he stated.

He further noted that the commission is working to provide a system that would allow for submission of financial information effortlessly with more efficiency than the current system.