CAC generates over ₦2bn to FG

The Corporate Affairs Commission, CAC, says it contributed over two billion naira to the Federal Government in the year 2020.

Speaking in Abuja, the Registrar General of CAC, Garba Abubakar, said the sum is the first of such surplus amounts to have been contributed to the Federal Government by the Commission.

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Abubakar, however, added that the Agency’s contribution was made possible following new policies being put in place by the Commission to check financial leakage in the system.