Ultimatum - NEWS AGENCY OF NIGERIA

Philip Daniel Yatai
Apr, Tue, 2025

CAC gives businesses 6 weeks ultimatum to comply with registration requirements

116 total views today

By Lucy Ogalue

The Corporate Affairs Commission (CAC) has given all businesses operating in Nigeria a six-week ultimatum to comply with the registration requirements of the Companies and Allied Matters Act (CAMA), 2020.

The Commission, in a circular issued on Tuesday in Abuja, said that after the ultimatum, it would take necessary action against erring offenders who fail to comply.

”This includes legal action, against any Company, Limited Liability Partnership, Limited Partnership or Business Name found operating without registration or under a name different from its registered identity.

“It is a criminal offence under Section 863 of CAMA to carry on business in Nigeria without proper registration, or to use a name or acronym other than that under which the entity is legally registered,” it said.

According to the statement, Section 729 of the Act mandates all registered entities to display their registered name and number outside every business location.

It said that this should also be displayed on all official publications, including letterheads, signage, marketing and publicity materials.

It also said that Section 862(1) of the Act imposed strict penalties on individuals who knowingly made false statements in any document required under the Act.

According to CAC, such offenders risk a two-year prison term and a daily fine for each day the infraction continues.

The commission therefore advised all business owners to take immediate steps to regularise their operations, stating that non-compliance would be met with swift enforcement actions. (NAN)

Edited by Bayo Sekoni

AMMC gives AEPB 48-hour ultimatum to clean up Abuja

Philip Daniel Yatai
Oct, Mon, 2024

Environment , Metro

AMMC gives AEPB 48-hour ultimatum to clean up Abuja

1,252 total views today

By Philip Yatai

The Abuja Metropolitan Management Council (AMMC), has given the Abuja Environmental Protection Board (AEPB) 48-hour ultimatum to clean up Abuja.

The Coordinator of the Council, Chief Felix Obuah, gave the ultimatum after an emergency meeting with management of the board and contractors handling refuse evacuation in Abuja on Monday.

The News Agency of Nigeria (NAN) reports that the meeting was held after the coordinator inspected the state of refuse evacuation in Asokoro District.

Obuah expressed disappointment with the slow pace of refuse evacuation in the district, noting that the nation’s capital should be a model city for cleanliness across Nigeria.

He, thereafter, directed the Director of AEPB, Mr Osi Braimah to ensure that Asokoro was thoroughly cleaned within 48 hours.

He added that the efforts should be extended to other major districts, including Guzape, Maitama, Central Business District, Wuse, and other areas within the Abuja metropolis.

He also directed the director to immediately recall casual workers to accelerate the evacuation of refuse across the city.

“I am tired of receiving calls from residents complaining of how dirty the city has become.

“Today, I was forced to go round major areas of the city to assess the state of refuse collection and what I saw was an eyesore.

“I realised that the contractors engaged to clean the city are no longer doing their jobs and AEPB must do something about it,” he said.

He advised the companies to also within 48 hours, clean up their act, or face the wrath of FCT Minister Nyesom Wike, whom he said, was already displeased with the situation.

The coordinator pointed out that the beauty of any city largely depended on its cleanliness.

According to him, Abuja should not only be clean but should also set the benchmark for other cities in the country to follow.

Responding, Braimah assured the coordinator that the board would do as directed. (NAN)

Edited by Maureen Atuonwu