Corporate Affairs Commission

Corporate Affairs Commission is an body of the Nigerian Government responsible for the regulation and management of companies in Nigeria. It was introduced in 1990 with the passing of the Companies and Allied Matters Act. It is headed by a Chairman and closely assisted by the Registrar General/ CEO. The current chairman is Otunba Funso Lawal.[1][2][3]

Other prominent offices of the board of CAC includes Manufacturer Association of Nigeria, Institute of Chartered Accountants of Nigeria (ICAN), Nigerian Bar Association, Securities and Exchange Commission, Federal Ministry of Trade and Investment, Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture, Federal Ministry of Justice and Federal Ministry of Finance. All these government agencies and parastatals send top representatives on the CAC board.

References

  1. ↑ http://new.cac.gov.ng/home/board-members/
  2. ↑ http://www.punchng.com/business/business-economy/cac-goes-tough-on-defaulting-firms/
  3. ↑ http://www.punchng.com/business/business-economy/cac-boss-advises-business-owners-on-corporate-governance/

External links

This article is issued from Wikipedia - version of the 9/29/2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.