CAC Goes AI-Driven As EFCC Partnership Fosters Transparency And Ease Of Doing Business

Through this collaboration, the agencies will work together to strengthen their efforts in curbing fraudulent activities, ensuring that businesses operate with integrity, and ultimately creating a more stable economic foundation for the country.

This partnership was disclosed in a statement issued by the commission in Abuja after a courtesy visit by the EFCC Executive Chairman, Olanipekun Olukoyede.

Olukoyede, in his remarks, thanked the entire management and staff of CAC for the support and prompt response given to EFCC requests.

He said, “We have resolved to use the instrumentality of fighting corruption to stimulate the economy and create a conducive environment for investors to run their business and ensure that everyone plays by the rules.”

In his response, the Registrar-General, Hussaini Magaji, said the visit would afford the two agencies the opportunity to strengthen their already existing collaboration in several areas, among which are knowledge and information sharing.

Magaji restated the commission’s resolve to align with Mr President’s 7-point transformation agenda in turning the economy around.

“The strengthened partnership between the EFCC and CAC is expected to foster transparency, combat financial crimes and promote ease of doing business in Nigeria,” he added.

The CAC boss therefore told the EFCC boss that the CAC registration process is now AI-driven.