The Registrar General of the Corporate Affairs Commission Garba Abubakar said that the planned payment for CAC re-validation of accreditation is a one-time fee.
According to him, the exercise would not be done annually.
The commission stated this in a tweet Friday and added that the deadline has been extended to June.
“Dear esteemed Customers, please be informed that payment for re-validation of accreditation is one-off. And accreditation is not renewable annually.
“Furthermore, the timeline for re-validation of accreditation has been extended to June 10 2021,” it said.
InfomediaNG earlier reported that CAC announced April 1 as the deadline for registered companies to re-validate their data or face sanctions.