While addressing journalists in Abuja, Nigeria’s minister of Industry, Trade and Investment Olusegun Agang said the online registration will help reduce the cost of conducting business significantly and the time it takes for foreign and local investors to establish their businesses.
According to Aganga, the delay was due to the fact that the earlier vendor failed to issue a software upgrade so a new one was appointed to build a new and robust system.
Apart from the public, the system is also open to accredited agents and professionals to do their own transactions directly than using brokers or middle-men.
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