Lagos, Nigeria – The Corporate Affairs Commission (CAC) don show serious face as dem don threaten to delist 100,000 companies wey no dey active for long time. Na wetin we fit call ‘ghost company’ thing o! Dem dey talk say plenty of these companies been dey sleep since 10 years ago, no file any returns, and no comply with Companies and Allied Matters Act (CAMA) policy.
Dis move na part of CAC plan to clean up Nigeria corporate register and make sure say only companies wey dey play by di rules go dey shine for di register. Dem drop public notice wey clearly state say affected companies suppose use di next 90 days to regularise their status, or else, dem go just vanish like magic (and we know how Nigerian magic be, e fit shock you!).
Di last time wey CAC talk say dem go delist companies na last year, when dem clear off some like dem dey sweep floor. Dem say, “It dey illegal for any company wey dem don strike off register to dey operate o!” If company no comply? Na Federal High Court go need to intervene to revive am – that means, if you no fit follow di rules, better no forget your own business na!
Companies wey dey involved don get flagged as either inactive or dey just dey chill since ten years wey dem no send their annual returns or even talk about their Persons with Significant Control (PSC). Time for companies to wake up dey rush file returns, because if dem miss am, dem go still dey feel di heat.
As CAC dey tighten di belt for compliance, dis move dey show how serious dem dey take transparency and accountability for businesses for Naija. Dem wan make sure say ghost companies no dey spoil our business environment. So, if you dey run company, you beta shine your eye and do wetin you suppose do, make we no dey hear any ‘my company don disappear’ gist!
For di general public, CAC dey urge make everybody dey check dem corporate records well. E go help you avoid serious wahala with ghost companies wey don already pack their bags and vanish. Make we dey follow di law if we wan make our businesses prosper for dis Naija wey sabi! E no go too hard, just put your house in order. No be so?
