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CAC registers 1,045 companies in 6 months

25 September 2012, 16:11

Akwa-Ibom - The Akwa Ibom Zone of the Corporate Affairs Commission (CAC) registered 1,045 businesses in six months in Akwa Ibom, the zonal head of the commission, Mr Michael Anusa, has said.

Making the disclosure in an interview with the News Agency of Nigeria (NAN) on Tuesday in Uyo, Anusa said the commission also registered 301 limited liability companies between January and September 21 this year.

He explained that most of the registered firms were small businesses, which he described as cheaper and less cumbersome to deal with.

``It does not require you going to a lawyer, a chartered accountant or general secretary. You do not require an agent, and you can do it by yourself. Come to the office, take your form and pay just four thousand naira,’’ Anusa stated.

He attributed the low business registration to a lack of entrepreneurial skills among people in the state. People are not trained to learn how to do business.

``In the South-East, from tender age you are trained on one business or the other so that before you grow up, you already have the knowledge, skills and capital to do business which is lacking in Akwa Ibom State.

``The few people going into business do not see the need for training the younger ones for the future. You cannot do business without requisite knowledge, ’’ he said.

Anusa advocated the introduction of an entrepreneurship course at primary to university levels, adding that by the time a child was out of secondary school he might have equipped himself with one business idea to be self-employed.

 ``The lack of skills has really affected the people from the state, because every young man is looking for a paid employment and tricycle-riding to make quick money.  

``People are not patient enough to learn business skills for a long time to equip themselves better,’’ he explained.

Anusa noted that the school system was not helping the state, adding: ``they need to develop a curriculum of business education and entrepreneurial courses as a core subject in primary and secondary schools’’.

The zonal head warned prospective customers against patronising touts, urging them to always come to the office for their business transactions.


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