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CAC begins sixth batch of company strike-off, targets 100,000 companies

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# CAC Begins Sixth Batch of Company Strike-Off Targeting 100,000 Companies

The Corporate Affairs Commission (CAC) has initiated its sixth batch of company strike-offs, with a target of removing 100,000 companies from its register. The action is part of the CAC's regulatory mandate to maintain an accurate and up-to-date record of companies operating in Nigeria.

The strike-off exercise represents an effort by the regulatory body to ensure the integrity of Nigeria's company register by removing inactive or non-compliant entities. This represents the sixth such batch to be undertaken by the CAC as part of its ongoing administrative oversight function.

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Read the full story at the source Premium Times (NG) · NG