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CAC registers 3,098,193 companies in 28 years - Premium Times Nigeria

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CAC registers 3,098,193 companies in 28 years

The Corporate Affairs Commission on Tuesday said it had registered 3,098,193 companies and firms in Part A, B and C categories from its inception in 1990 to March 21.

She explained that in 2016, the council got the sum of 175,098 from the LLC , 193,194 from Business name in 2017 and 252,035 from Incorporated Trustee in 2018. She said the commission remained resolute in reviewing its processes regularly, in a bid to improve service delivery.

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Kindly share the numbers of those companies filing returns with CAC currently

Like seriously yet the number of unemployed people in the country is on the high side. Registering company is not just the thing giving them guidelines to work with, for instance the work experience issue we suffer in this country,

If we have this high number of companies in this country, there won't be high unemployment rate, definitely government policies & probably lack of visionaries in piloting the companies killed most of them

Please how many of the company are still existing and how are not. Let them do this arithmetic and how to help those that want to come back to stand back. Registering of companies is not what is important but are they functioning

Out of that, I have two that I have not been running for the past 4 years.

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