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HomeNewsCAC DIRECTIVE ON RE-VALIDATION OF ACCREDITED AGENTS: UPDATE FROM THE NIGERIAN BAR ASSOCIATION

CAC DIRECTIVE ON RE-VALIDATION OF ACCREDITED AGENTS: UPDATE FROM THE NIGERIAN BAR ASSOCIATION

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To all Lawyers in Nigeria

Members of the Nigerian Bar Association (“NBA”) would have seen a notice dated 1st June 2021 from the Corporate Affairs Commission (“CAC”) reminding accredited agents of the CAC to revalidate their status as agents with the CAC. Accredited agents are required to pay for such revalidation on or before 10th June 2021 or risk a suspension of their accounts. 

Kindly recall that when the news of this revalidation first broke out in March 2021, the NBA had issued a statement dated 12th March 2021 informing Nigerian lawyers that the NBA was engaging with the CAC on this process. Following the engagements, we wish to provide the update below:

1. The CAC maintains that the revalidation exercise is important to it for a proper administration of the CAC database especially as the CAC migrates to a process where most or all activities at, or dealings with, the CAC will be concluded on its online portal. 

2. The CAC and the NBA have agreed that rather than require lawyers and accredited agents to pay the accreditation fee on an annual basis, the payment will be a one-off fee. 

3. The CAC and the NBA have also agreed that the payment and reaccreditation will not apply to lawyers who paid or were accredited by the CAC between 1st January 2020 and the date of the initial reaccreditation notice from the CAC in March 2021. The portion of the reminder notice from the CAC dated 1st June 2021 which exempted only those who procured their accreditation after 31st December 2020 was an error which will be withdrawn or clarified by the CAC. 

4. The CAC and the NBA have agreed that in order to enhance efficiency at the CAC and deal with service level complaints from lawyers who use the services of the CAC, an NBA help/support desk (manned by the NBA-CAC Task Force) will be set up at the CAC. Lawyers who have applications at the CAC that are not attended to within the designated timelines may escalate their complaints to the NBA support team which will liaise with the CAC with a view to resolving the issues. Such complaints should be sent to nbacac@nigerianbar.org.ng. Kindly note that only correspondence relating to delays and service inefficiency at the CAC will be entertained by this help/support desk. 

5. The NBA is not oblivious of the challenges that lawyers have had to face with their clients on account of delayed processing of applications, and other service-related issues at the CAC. Accordingly, the NBA will continue to work with the CAC towards enhancing efficiency at the CAC and generally improving on the experience of our members when dealing with the CAC.

Signed

Olumide Akpata

NBA President

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Oludare
Oludare
Lawyer, Bibliophile, Polyglot, Traveller
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