Nigerian agency finally registers blockchain start-up, accuses employees for rejection of the first application-Emerging Market
Nigerian agency finally registers blockchain start-up, accuses employees for rejection of the first application-Emerging Market
Just a few days after it became known that she had refused to process a company registration application from Flint API Limited, the Nigerian Agency Corporate Affairs Commission (CAC) has now registered the blockchain start-up. However, the agency is responsible for the non -processing of the application.
The U -turn of the CAC
according to A test report , followed the cancellation of an intervention of the general registrars of the CAC, alhaji Garba Abubakar. How reported the refusal of the CAC, the start-up Register, the directors of an incubation center in which Flint API Limited, prompted to request the intervention of the Nigerian Vice President Yemi Osinbajo.
There is speculation that Osinbajo has intervened, but the report by Cryptoassetbuyer indicates that it was Muhammad Abdullahi, an assistant from Abubakar who helped in the registration process. The difficulty in processing the application should also be due to a mistake by an unnoted employee.
foundation with founding certificate
After completing the registration process, which was said to have only six hours, Abdullahi informed the co -founder of convexity, Adedeji Owonibi, about this development. On LinkedIn he wrote:
Adedeji Owonibi Your application was registered with RC 1852282. Thank you for your contact. However, this type of affairs should be escalated via the channels provided by the Commission.
In the meantime, after this development, the other co -founder of convexity, Charles Orkafombah, suggested that Osinbajo actually intervened in the matter. He also confirmed that Flint API Limited was issued a founding certificate.
Do you agree that it was Osinbajo's intervention that forced CAC management to undo the original decision? Tell us your opinion in the comment area below.
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