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Navigating New Costs: CAC Fee Increase and Your Business

Corporate Affairs Commission Adjusts Service Fees to Enhance Efficiency and Sustain Digital Reforms

The Corporate Affairs Commission (CAC) says it has reviewed some of its service fees to enhance service quality, improve efficiency, and sustain digital transformation in its operations.

The commission said this in a public notice it issued in Abuja on Tuesday.

It stated that the increment, which will take effect from August 1, reflects prevailing economic realities and rising operational costs.

It said the adjustment followed engagements with key stakeholders.

The commission added that the review was to sustain prompt and technology-driven service delivery for Nigerians.

“The review of fees is crucial to ensuring that the commission continues to provide prompt, efficient, and technology-driven services that meet the expectations of its stakeholders for the benefit of the Nigerian economy,” it said.

The CAC described the reviewed fees as modest and competitive.

It said the changes would support its ongoing reforms to enhance transparency, accountability, and customer satisfaction.

“The schedule of the revised fees has been published on the commission’s official website: www.cac.gov.ng, including a direct link to its resource section for easy access,” the notice said.

The commission assured the public of its continued commitment to delivering high-quality services and maintaining the integrity of Nigeria’s corporate registry.

It urged the public, business owners, and corporate stakeholders to visit its website for full details of the reviewed service charges and other resources. (NAN)

Oluwatobiloba Adekunle

Oluwatobiloba is a dynamic mass communication student, poised to become the voice of the masses. As an aspiring journalist, he serves as the eyes and ears of society.

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