Birnin Kebbi - The Kebbi branch of the Corporate Affairs Commission (CAC) on Tuesday embarked on verification of companies registered in the state.
The State Customer Relations Officer of the commission, Mustapha Ahmad, told the News Agency of Nigeria in Birnin Kebbi.
He said that the verification was to identify companies that failed to comply with the provisions of the regulatory provisions.
"The few that register fail to file their annual returns with the commission.
"There are cases of companies that registered, but failed to display their certificate of incorporation at their business premises.
"Anyone caught in such act would be made to pay fines,’’ he said.
Ahmad said that the verification would be more on financial institutions to safeguard the interests of depositors in banks and to further generate revenue.
He however did not disclose the target revenue expected to be generated during the exercise.