The Corporate Affairs Commission (CAC) revealed that it has registered 245,000 businesses under its free business name registration scheme so far this year.
This was disclosed by the Registrar-General, Alhaji Garba Abubakar, in an interview with the News Agency of Nigeria in Abuja on Wednesday.
The CAC boss added that the free registrations were done with the approval of the federal government, as part of its interventions to reduce the economic impacts of COVID-19 on Nigerians.
He added that the “Federal Government paid 50 percent of the cost of registration to CAC and more than 245,000 business names were consequently registered,” citing that the free business registration process so far has been electronic and applicants also got their certificates electronically.
“The numbers were divided between the 36 states of the federation and the FCT,” he said, noting that “Lagos, Abia and Kano States had the largest numbers.”
He disclosed that aggregators were appointed and paid to collect SMEs information and submit the same to CAC.
“The commission provided special access for the aggregators for effective service delivery since they were responsible for scanning and uploading of documents,” he said, citing that the CAC had to take over from one of the aggregators appointed for two states, who failed to deliver.
“We are hoping that by end of September, the exercise will come to an end,’’ he said.
What you should know
Recall Nairametrics reported in October 2020 that President Muhamadu Buhari approved free business name registration with the Corporate Affairs Commission (CAC) for 250,000 businesses across the nation.
Please I am interested in the free Business Registration but I do not know how to go through the process.Need help . Thanking you in advance
I am a beneficiary of this free business name registration. Thanks to federal government n CAC
Have you been able to collect your certificate?
List of the beneficiaries
All lying we applied and applied nothing happen, maybe it’s there village people
Surprised to hear that the free CAC registration is still on . I called the aggregator in Imo state sometime around January, and was informed the process has ended.
Well,we thank you for that but most of us are yet to take receipt of our CAC Certificates.
Why are you guys so full of lies?
Who and who did you Grant the CAC certificates?
I tried to register for my company Business Name through the Lagos State aggregator and all his three phone numbers are not going through and so I couldn’t benefit from the free business name registration offer.
Now I am trying to register now on my own without the help or assistance of any aggregator, but I was asked to pay #10, 000.00 Ten Thousand naira only.
What should I do as I have done name search and CAC have approved it for me after paying search fee of #500.00 Fi e Hundred Naira only.
Go ahead with the Registration yourself with the 10k or else it will be waste of time while waiting
I have been trying to register a business name since January, 2021.
The portal is frustrating.
All the numbers provided for help are all not functional.
Customers service relation is zero.
We have paid for the reservation and for the registration.
9 months after we are yet to get out electronic document.
The way it is I am afraid we are going to loose all money’s paid.
Yes, login to the portal to make the payment.
Please note, I would redirect you to Remita page for payment where you are to use your card for payment. After successful payments, just wait and be redirected back to CAC portal.
Tx
Please Anthonia can you help me with the link to apply for the free cac.
CAC has fail me. I registered online since August last year. I paid the sum of10000 naira. Up till now I can’t access my certificate. Gone to their office in Marina Lagoa severally but no good response. The security was so nice to tell me they say their system don crash. Please what should I do.
Thumbs up for this initiative.
But I must ask, Why is the CAC registration portal so user unfriendly? It is stacked against individuals registering by themselves. You must engage an agent.
Why?
I did my own registration online myself in August 2021 and got the certificate downloaded, though I paid N500 for search and N10,000 for registration.
Which one is free here.
Please direct me on how to go about it.
How did you do it?
How many days will one wait after paying the N10,000 before collecting the certificate? How will one collect the certificate, please?
Lawal fashion designer form Minna niger state redsiter my company since November last year,no message no calls no certificate.iam confess, please do something.mr garuba. thanks
Fantastic efforts by the president.
I want to register. When is the process of registration closing ?
I taught it free, why pay 10000 naira again
Please direct me how to proceed, I want to register.thanks
Please I register with CAC but steal yet I didn’t received my certificate l need your assistance