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Student Village Academy Forums GENERAL DISCUSSIONS CAC Announces Fee Hike Effective August 1 to Boost Service Efficiency

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    • #80001
      justseyi
      Keymaster

      The Corporate Affairs Commission (CAC) has unveiled a review of its service fees, set to take effect from August 1, 2025. The review aims to enhance service quality, streamline operations, and sustain the commission’s digital transformation efforts. The announcement was made in a public notice issued by the commission in Abuja on Tuesday.

      According to the CAC, the fee adjustments reflect Nigeria’s current economic realities and rising operational costs, following extensive consultations with key stakeholders. The commission emphasized that the revised fees are essential to maintain prompt, technology-driven services that align with the expectations of businesses and the public, ultimately benefiting the Nigerian economy.

      “The modest fee review ensures we continue delivering efficient, transparent, and accountable services while advancing our digital transformation,” the CAC stated. The commission described the new fees as competitive, designed to support ongoing reforms that prioritize customer satisfaction and uphold the integrity of Nigeria’s corporate registry.

      Details of the revised fee schedule are now available on the CAC’s official website, http://www.cac.gov.ng, with a direct link to the resource section for easy access. The commission encouraged business owners, corporate stakeholders, and the public to visit the site for comprehensive information on the updated charges and other resources.

      The CAC reaffirmed its commitment to providing high-quality services, assuring Nigerians that the fee adjustments will strengthen its capacity to maintain a robust and reliable corporate registry. As the August 1 implementation date approaches, the commission urged stakeholders to stay informed and leverage its digital platforms for seamless interactions.

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