The Corporate Affairs Commission has announced plans to commence the striking off of a fresh batch of companies from its register.
In a notice on its Instagram page on Tuesday, the Commission said the affected companies had failed to comply with the law.
Late last year, CAC issued a notice to strike off the names of dormant companies that have not filed annual returns for 10 years.
In the Excel sheet attached to the fresh notice on its website, about 100,000 companies were listed, and they have been inactive for about 10 years, with their incorporation dates spanning between 2002 and 2006. This was listed as the fifth batch.
"The General Public is hereby informed that the Corporate Affairs Commission has commenced another round of striking off companies that have not complied with the provisions of the Companies and Allied Matters Act 2020 from the Register in accordance with the requirements of the Act. The companies whose names are to be struck off have been published on the Commission's website. Companies and the general public are advised to check the website for the list of the affected companies.