The Economic and Financial Crimes Commission (EFCC) and the Corporate Affairs Commission (CAC) have agreed to strengthen their collaboration in the fight against corruption. This partnership aims to curb fraudulent activities, promote transparency, and ensure businesses operate with integrity.
EFCC Executive Chairman, Olanipekun Olukoyede, emphasized the importance of using anti-corruption measures to stimulate the economy and create a business-friendly environment. He noted that both agencies are committed to delivering on their mandates for the good of the nation.
The Registrar-General of CAC, Hussaini Magaji, highlighted the benefits of their strengthened partnership, including combating financial crimes and promoting ease of doing business in Nigeria.
To achieve these goals, the CAC has developed an intelligent company registration portal, making the registration process seamless and AI-driven. The ultimate goal is to register companies within one hour, aligning with international best practices.
Magaji restated the Commission’s resolve to align with the President’s 7-point transformation agenda in turning the economy around. He expressed his optimism that the strengthened partnership between the EFCC and CAC would foster transparency, combat financial crimes, and promote ease of doing business in Nigeria.
This collaboration is a significant step towards creating a more stable economic foundation for Nigeria. By working together, the EFCC and CAC can better combat corruption and promote a business-friendly environment.
The meeting between the two agencies was attended by key officials, including EFCC special Investigation Officer, Mr Chris Odofin, and CAC Directors, Mrs Olayemi Oyeniyi, Mr Deinma Anga, and Mr Duke Ukaga, among others.