BREAKING: CAC uncovers 189 fake companies used to secure land allocations in Abuja

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The CAC says it has uncovered 189 fake companies used to secure land allocations in the Federal Capital Territory (FCT), Abuja.

The Corporate Affairs Commission has raised an alarm over the high number of fake companies in the country.

The Registrar General of the commission, Hussaini Magaji, disclosed this during a press briefing in Abuja on Tuesday, October 24. He explained that the discovery of the non-existent company led him to investigate further, resulting in the identification of others existing for same purpose.

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