Corporate Affairs Commission –Everything You Need To Know About Cac
The Corporate Affairs Commission (CAC) is regarded as Nigeria’s incumbent corporate registry set up vis-à-vis the Companies and Allied Matters Act (CAMA). Promulgated in 1990, CAMA was enacted as a basis for overseeing company establishment and management in Nigeria.
Prior to the establishment of the Corporate Affairs Commission, Company Registry –which regulated the administration of the defunct Companies Act of 1968 –was the body initially performing the corporate regulatory functions of present-day CAC.
Company Registry, which was a department in the Federal Ministry of Commerce and Tourism, failed to discharge its duties effectively. Therefore, it is notable that the establishment of CAC as an independent body was borne out of the need for an effective alternative to the previously existing Company Registry.
Under the leadership of its Registrar-General, CAC discharges its roles through authorized members of relevant associations including:
- The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN)
- The Institute of Chartered Accountants of Nigeria (ICAN)
- The Nigerian Bar Association (NBA)
- The Association of National Accountants of Nigeria (ANA)
List of All CAC Offices in Nigeria
Plot 420, Tigris Crescent,
Off Aguiyi Ironsi Street,
Maitama
Abuja.
email: cservice@cac.gov.ng
PLOT 7, OTUNBA JOBI FELE WAY, BEHIND MKO GARDENS,
ALAUSA, IKEJA,
Lagos State
Nigeria
email: oregun@cac.gov.ng
52, Unity Road, off Ibrahim Taiwo Road,
Kano
Kano State
Nigeria
email: kano@cac.gov.ng
Plot 332, Danjuma Drive, Trans Amadi Industrial Layout,
Portharcourt
Rivers State
Nigeria
email: portharcourt@cac.gov.ng
NO 18/20, CATHOLIC MISSION STREET,
LAGOS ISLAND,
LAGOS
email: yaba@cac.gov.ng
Plot 31B, Okpara Avenue
Enugu
Enugu State
Nigeria
email: enugu@cac.gov.ng
NO 44, GODWIN ABBE WAY, OFF SAPELE ROAD, G.R.A.,
BENIN-CITY,
Edo State
Nigeria
email: edo@cac.gov.ng
BESIDE CITY GLOBAL HOTEL, BY UMUGUMA JUNCTION, PORTHARCOURT ROAD,
Owerri
Imo State
Nigeria
email: owerri@cac.gov.ng
No. 1 Yakubu Avenue, Behind Lugard Hall
Kaduna
Kaduna Sate
Nigeria
email: kaduna@cac.gov.ng
YINGI, RAYFIELD ROAD,
AFTER MTN OFFICE BEFORE GOLD N BASE JUNCTION,
BESIDE AIRFORCE BASE,
JOS,
PLATEAU STATE
jos@cac.gov.ng
Premium House, 1st Floor, Jericho,
opposite Evans publishing company,
Eleyele, Ibadan
Oyo State
Nigeria
email: ibadan@cac.gov.ng
151, OYEMEKUN ROAD,
AKURE, ONDO STATE
email: akure@cac.gov.ng
10, Adama Bola Sa’adu House 10, Ahmadu Bello way, G.R.A,
Ilorin
Kwara State
Nigeria
email: ilorin@cac.gov.ng
56/63,First Avenue,
Beside O.K centre,
Ibara Housing Estate,
ABEOKUTA,
OGUN STATE
abeokuta@cac.gov.ng
NO. 4, UBI INYANG STRET,
UYO,
KWA IBOM STATE
uyo@cac.gov.ng
38 MCC ROAD,
CALABAR,
CROSS RIVER STATE
calabar@cac.gov.ng
PLOT BNA 5366, ABU KING SHULUWA ROAD, OFF OTUKPO ROAD,
MAKURDI,
BENUE STATE.
makurdi@cac.gov.ng
NO 3, SULTAN ABUBAKAR ROAD,
SOKOTO,
SOKOTO STATE.
sokoto@cac.gov.ng
3, INTERCITY BANK BUILDING, 3RD FLOOR, (FORMER BOSSO ROAD),
MINNA,
NIGER STATE
minna@cac.gov.ng
OPPOSITE GOMBE LOW-COST HOUSING ESTATE,
GOMBE,
GOMBE STATE
gombe@cac.gov.ng
NO 11, ASMA’U HOUSE, KIYAWA ROAD (SAME BUILDING WITH AFRI BANK),
DUTSE,
JIGAWA OFFICE
dutse@cac.gov.ng
11A, MOHAMMED BELLO KIRFI ROAD,OPPOSITE STATE LIBRARY,
BAUCHI,
BAUCHI STATE
bauchi@cac.gov.ng
NO. 5, BLOCK G, COMMERCIAL LAYOUT, GIDAN DAWA,
ALONG IBB WAY, KLP 137, KANO ROAD,
KATSINA,
KATSINA STATE
katsina@cac.gov.ng
NO. 14, SULTAN ABUBAKAR ROAD, ALONG GOVERNMENT HOUSE,
BIRNIN-KEBBI,
KEBBI STATE
kebbi@cac.gov.ng
PLOT 26, OKEY ANUEIAGU AVENUE (NEAR COSMILA HOTEL) OKPUNO,
AWKA,
ANAMBRA STATE.
awka@cac.gov.ng
NO 1, EQUITY PLAZA, SURULERE STREET, PHASE 1,
LOKOGOMA, LOKOJA,
KOGI STATE
lokoja@cac.gov.ng
2A, SANI ABATCHA WAY,
BESIDE GTB,
GUSAU,
ZAMFARA STATE.
gusau@cac.gov.ng
NO 2, HOSPITAL ROAD, OPPOSITE GALBOSE HOSPITAL,
JIMETA, YOLA,
ADAMAWA STATE
yola@cac.gov.ng
ADJACENT STARCOMMS OFFICE,
DEMBOA ROAD, OLD G.R.A.,
MAIDUGURI,
BORNO STATE
maiduguri@cac.gov.ng
PLOT 74, BLOCK 11, ASABA HOUSING ESTATE,
CORE AREA LAYOUT, DBS ROAD,
ASABA,
DELTA STATE
asaba@cac.gov.ng
PLOT 111B, ELEGHEIM LAYOUT, ALONG BCA ROAD,
UMUAHIA,
ABIA STATE
umuahia@cac.gov.ng
19, SABON FEGI, OPPOSITE MODERN MARKET ROAD,
LAFIA,
NASARAWA STATE.
lafia@cac.gov.ng
KILOMETRE 4, GBONGAN ROAD, NEAR FRSC, BESIDE ADE BARE SPECIALIST HOSPITAL,
OGO OLUWA, OSOGBO,
OSUN STATE
osogbo@cac.gov.ng
153, OPPOSITE MURI HOTEL, HAMMA RUWA WAY,
JALINGO,
TARABA STATE
jalingo@cac.gov.n
NO 444, CHIEF MELFORD OKILO EXPRESS WAY, YENEZUE-GENE,
YENAGOA,
BAYELSA STATE.
yenagoa@cac.gov.ng
NO 13, SAM EGWU WAY,
ABAKALIKI,
EBONYI STATE
abakaliki@cac.gov.ng
PLOT 4, COMMERCIAL BLOCK ‘C’ EXTENSION TO GRA ALONG NEW IYIN ROAD ( BANK/SECRETARIAT ROAD),
ADO-EKITI,
EKITI STATE.
ekiti@cac.gov.ng
PLOT 565, NDOLA SQUARE, OFF MICHAEL OKPARA STREET,
ZONE 5, WUSE, ABUJA
abuja@cac.gov.ng
Functions Performed by the Corporate Affairs Commission
As per the provision of Section 7 of the Companies and Allied Matters Act (CAMA), the Corporate Affairs Commission is vested with the power to carry out the following functions:
- Establishment and maintenance of company office and registry in every of Nigeria’s 36 states wherein such office and registry are well equipped to perform the Commission’s duties, as provided under the Act or any relevant law
- Administration of the Act (CAMA) and the supervision/regulation of company establishment, incorporation, management and winding up
- Registration of Business Names and Incorporated Trustees
- The undertaking of activities considered relevant for the full implementation of CAMA’s provisions
- Providing a broad array of additional services
- The organization and conduct of inquiries into any company actions/relationships provided that such inquiries are in tandem with both public and shareholders’ interests
- Overseeing the initial stage of the accreditation process for authorized professionals and users of the Companies Registry. These professional users are precisely regarded as Chartered Secretaries, Lawyers and Chartered Accountants
- Provision of responses to grievances or questions relating to the services offered by the Commission
- Sale of the Commission’s statutory publications and forms
- Performing an oversight function over companies’ compliance with the provisions of CAMA
Types of Companies Registered by CAC
In tandem with the regulatory authority of CAC, only four types of companies can be established for the conduct of business in Nigeria. Therefore, CAC specializes in the registration of the following company types:
- Public Limited Company (PLC)
- Private Limited Company (LTD)
- Unlimited Companies
- Companies Limited by Guaranty
Conclusion
CAC sets a benchmark of 50 individuals as the maximum number of members for private limited companies whereas there is no limit to the number of individuals who can make up a public company. Also, for every of the four aforementioned company types, CAC stipulates the minimum membership of two individuals.
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