The Corporate Affairs Commission, CAC, has disclosed that it is exploring ways to make use of Artificial Intelligence, AI, to achieve registration of companies within minutes in line with global best practices.

 

The General Registrar-and CEO of the Commission, Hussaini Ishaq Magaji, disclosed this on Tuesday during a meeting with the Executive Vice Chairman EVC/CEO of NASENI, Khalil Suleiman Halilu, in Abuja. To achieve this target, Magaji said the CAC will be relying on the AI and the high-powered computing (HPC) products of NASENI

 

A statement from the commission further disclosed that the Registrar-General noted that the operational capacity of the CAC registration portal has been speedily increasing since his assumption of office in October 2023, highlighting the need for it to explore more technology-driven solutions from the right partners to support and sustain the system.

 

“Hussaini Magaji therefore said that the Commission’s desire to explore artificial intelligence to register companies within minutes in line with global best practices is only achievable through partnerships

 

“He believes that NASENI, as a developer of a series of technology solutions, including solar, has a role to play in the quest to take CAC to the next level,” the statement read in part.