NIN compulsory for business registration- FG

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The federal government has disclosed that without the  National Identification Number (NIN ), Nigerians would no longer be able to register businesses.

This was disclosed by the registrar of the Corporate Affairs Commission (CAC), Alhaji Garba Abubakar,  on Monday in Abuja during the monthly reform seminar organised by the Bureau of Public Service Reform (BPSR).

He noted that the necessity is to verify the integrity of the data they are collecting.

Abubakar, at the lecture, themed: ‘Current  Reforms, Innovations and Challenges of the Corporate Affairs Commission, and Their Impact on the Growth of Nigerian Economy’ said:

• “If you don’t have a NIN, it means you can’t register your company, The essence is to verify the integrity of the data we are collecting.”

For security purposes: He added that the CAC opted for NIN because its security can’t be compromised, unlike the National Identity card, passport, and driver’s license, which could easily be cloned…