The House of Representatives Committee on Commerce says the Corporate Affairs Commission (CAC) has been breathing fresh air since assumption of office of Alhaji Garba Abubakar as Registrar-General.

The Committee made the statement during an oversight visit to CAC offices around the country.

The Commerce Committee Chairman, Femi Fakaye, accompanied by members to wrap up the oversight at the Commission’s headquarters in Abuja on Thursday, in a release made available to the media by the Head, Media of CAC, Rasheed Mahe, noted that against all odds, Alhaji Garba Abubakar was keeping the Agency afloat by turning things around in accordance with his earlier pledge to the National Assembly.

Femi Fakeye who described the CAC as one of the vital organs that gives life to the Nigerian economy and prayed that the RG would ensure that the trajectory of positive results was maintained for economic growth.

He used the forum to clear what he called misconceptions by some Nigerians about the role of the National Assembly under a democratic setting.

Fakaye said contrary to such misconceptions, the legislature was vested with powers that include oversight, investigation, and summons, amongst others.

In their separate contributions, members of the Committee, including the Deputy Chairman, Richard Gbande, Ado Sani Kiri and Dr. Haruna Mshelia, amongst others, took turns to share their experiences about their visits to CAC offices around the country.

While they were unanimous about the remarkable overhaul witnessed in most of the offices, they however charged the Commission to review and revisit certain areas that were in need of more attention as they observed.

Worthy of attention, according to the members, was the creation of sustained public awareness on the activities and achievements of the Commission with special emphasis on the rudiments of ensuring successful online registration of companies.

The Registrar-General/CEO of the Corporate Affairs Commission, Alhaji Garba Abubakar, in his response, reassured of his commitment to sustain and improve on the gains so far recorded.

Abubakar, who described the year 2020 (Covid-19) era as the best year for the Commission in terms of revenue generation and remittances, however lamented that the slash in fees was negatively affecting some of its operations.

He stressed that in view of a dedicated and committed workforce, the Commission was able to surmount most of its challenges and achieved set targets and objectives.

According to the Registrar-General, the Commission would continue to ensure improvement of its workforce through the provision of adequate working tools, conducive working environment as well constant training and retraining of staffers within available resources.

Abubakar who painstakingly spoke on the reform initiatives of the Commission, said the Commission was on the verge of deploying a Customer Relationship Management (CRM) solution to beef up its customer service in line with global best practices.

Highlights of the visit included guided facility tour of the CAC headquarters.

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