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Revalidation of the CAC: payment accreditation is a one-time event

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The Corporate Affairs Commission (CAC) has reported that re-validation of accreditation would be a one-time charge rather than an annual fee.

The CAC announced this on social media on Friday, along with the fact that the deadline has been extended until June.

“Dear valued Customers, please be advised that re-validation of accreditation is a one-time charge. Furthermore, accreditation is not renewed on an annual basis.
“Furthermore, the deadline for re-validating accreditation has been extended until June 10th, 2021,” it added.

 Recall Nairametrics reported earlier this year that CAC had given registered companies until April 1 to revalidate their various information and accounts or face sanctions.

RegistrarGeneral, 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.”

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