 Corporate Affairs Commission was established by the Companies and Allied Matters Act , which was promulgated in 1990 to regulate the formation and management of companies in Nigeria.
The establishment of the Corporate Affairs Commission as an autonomous body was as a result of the perceived inefficiency and ineffectiveness of the erstwhile Company Registry, a department within the Federal Ministry of Commerce and Tourism which was then responsible for the registration and administration of the repealed Companies Act of 1968.
Bello Mahmud,
Registrar-General/CEO.
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CAC UPHOLDS EMERGENCY EVACUATION DRILL |
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Stakeholders managing the nation's emergency disaster and response have commended the Corporate Affairs Commission (CAC) for putting in place emergency management facilities for safe emergency evacuation.
The stakeholders comprising the National Emergency Management Agency (NEMA), the Federal Fire Service, Red Cross Society and the Nigerian Security and Civil Defence Corps (NSCDC), gave the commendation during a recent emergency sensitization programme for the Commission's staff at CAC corporate headquarters, Abuja.
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The Registrar General of the Corporate Affairs Commission (CAC), Alhaji Bello Mahmud says the imperative of the Chartered Institute of Taxation of Nigeria (CITN) in nation building cannot be overemphasized.
The Registrar General who stated this when the President of CITN came on a courtesy visit to the Commission stressed that in developed world, the whole economy is built around taxation
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 Boards of four parastatals under the Federal Ministry of Trade and Investment were on February 21, 2013 inaugurated by the Minister of Trade and Investment, Dr. Olusegun Aganga, in Abuja.
They include the Boards of the Corporate Affairs Commission (CAC), Oil and Gas Free Zone Authority (OGFZA), Standard Organisation of Nigeria (SON) and the Nigeria Export Promotion Council (NEPC).
Inaugurating the Boards, the Minister who was represented by the Minister of State for Trade and Investment, Dr. Samuel Ortom commended the President, Dr. Goodluck Ebele Jonathan for constituting the new Boards comprising, men and women of integrity, knowledge and experience in the public and private sectors of the Nigerian economy.
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