The Corporate Affairs Commission (CAC), has announced plans to delist 91,843 companies for failing to file their annual returns.

In a post on its website, the commission listed 91,843 companies for delisting (2,738 less than the 94,581 it initially published in August).

The Registrar-General and Chief Executive Officer, CAC, Garba Abubakar, had in July noted that the commission would delete 100,000 registered companies from its database over failure to file their annual returns.

He said, “CAC steps up enforcement of 100,000 companies to go off its register for failure to file an annual return.”

The CAC CEO added that the commission would give notice of striking off to the affected enterprises, as enshrined in section 692 of the CAMA, 2020.

The post published on it website December 5 read, “Further to its earlier notice of the commencement of striking off the names of Companies from the Register of Companies and published on August 2, 2023, the Commission hereby notifies the General Public that the list of Companies that have failed to comply with the provisions of the Companies and Allied Matters Act 2020, to file up to date annual returns is now ready for publication in accordance with the provisions of Section 692 of the Act.

“Companies who filed complete annual returns in response to the earlier publication are advised to confirm removal from the list of Companies to be struck off. The updated list for publication is available on the Commission’s website.”

It noted that any company that filed complete annual returns but still has its name on the list should send a mail with evidence of filing to compliance@cac.gov.ng not later within 30 days.