The Corporate Affairs Commission (CAC) has announced the deferment of the implementation of revised fees for its services to Oct. 1.

The Commission, in a public notice issued on Saturday in Abuja, said the decision was taken to enable it prioritise full stabilisation of its new Company Registration Portal before mid-September.

9news Nigeria reports that the revised fees were earlier scheduled to take effect on Sept. 1.

This was after CAC had already postponed the initial deadline of Aug. 1, following technical hitches on the upgraded portal.

The CAC said that the latest extension was aimed at delivering optimum value to customers and stakeholders, while ensuring a seamless transition into the new regime of services.

According to the notice, the deferment demonstrates CAC’s strong determination to provide efficient and customer-centric services that meet global standards.

The Commission expressed appreciation to its customers and stakeholders for their patience, understanding, and cooperation during what it described as a critical phase of transformation.

It then reaffirmed its commitment to building an intelligent registry that supported Nigeria’s ease of doing business reforms.