FG Gives Update On CAC Re-Validation Deadline And Duration

FG Has Given Update On CAC Re-Validation Deadline And Duration For Business Owners.

 

 

Truetells Nigeria reports that the Corporate Affairs Commission (CAC) has announced that the planned payment for re-validation of accreditation is a one-time fee and would not be done annually.

 

The CAC disclosed this in a social media statement on Friday and added that the deadline has been extended to June.

“Dear esteemed Customers, please be informed that payment for re-validation of accreditation is one-off. And accreditation is not renewable annually.

 

“Furthermore, the timeline for re-validation of accreditation has been extended to June 10 2021,” it said.

 

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What you should know

• Recall that CAC had given registered companies until April 1 to revalidate their various information and accounts or face sanctions.
• Registrar General, Garba Abubakar also warned that “any account not revalidated by the deadline will cease to have an effect by 1st of April, 2020 until the Customer comes forward to re-validate.”