By peterside Rejoice

 

The Corporate Affairs Commission (CAC) has announced a review of its service charges, with the new fee structure scheduled to take effect from August 15, 2025.

In a statement issued on Sunday, the Commission said the review was part of broader reforms aimed at improving service delivery, enhancing operational efficiency, and aligning its pricing with prevailing economic realities.

“The Commission wishes to inform the general public, esteemed customers, and all stakeholders that in the continued efforts to improve its service quality and delivery, it has become necessary to review certain service fees effective the 15th day of August, 2025,” the statement read.

According to the CAC, the decision followed consultations with key stakeholders and is aimed at sustaining its digital transformation and technology-driven operations.

It explained that the fee increase would support ongoing efforts to modernize the Nigerian Corporate Registry, strengthen regulatory oversight, and build investor confidence in the country’s business environment.

“The changes will be modest and competitive,” the Commission assured, adding that the adjustments are necessary to keep pace with rising costs and to ensure continued delivery of prompt, efficient, and transparent services.

The Commission also emphasized its commitment to transparency, accountability, and customer satisfaction, noting that a detailed schedule of the revised fees would be released in due course.

The CAC joins other government agencies that have recently reviewed their pricing structures. Earlier, the National Identity Management Commission (NIMC) raised charges for its services, including a 75% increase in the fee for correcting date of birth on the National Identification Number (NIN) database from ₦16,630 to ₦28,574.

The trend reflects growing pressure on public institutions to maintain service standards amid economic challenges and inflation.

The CAC urged customers and stakeholders to prepare for the changes and pledged continued engagement as part of its efforts to create a more responsive and resilient corporate regulatory system.

 

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