The Corporate Affairs Commission says it now records about 10,000 business registration requests daily following the deployment of artificial intelligence across its service delivery platforms.
The Registrar-General of the CAC, Hussaini Magaji, disclosed this during an anniversary lecture marking the commission’s 35th anniversary on Monday in Abuja.
Magaji said the adoption of AI had significantly enhanced the commission’s capacity to process the growing volume of business registrations and customer inquiries nationwide.
According to him, business registration volumes have increased sharply due to tax reforms, policies promoting the formalisation of informal businesses, and the growth of digital and social media-based enterprises.
“Today, CAC receives close to 10,000 business registration requests daily, compared to only hundreds in the past.
“Our systems also handle an average of 5,000 customer inquiries every day through emails and call centres,” he said.
The registrar-general explained that managing such volumes would be impossible through manual processes, adding that AI had become critical to improving speed, accuracy and efficiency.
