The Corporate Affairs Commission has commenced moves to strike off 100,000 companies from its register.

The firms are affected over their failure to file outstanding annual returns and other statutory documents.

The Commission disclosed this in a public notice signed by its management on Wednesday.

It said the exercise, tagged Batch 6, was being carried out pursuant to Section 692 (3) and (4) of the Companies and Allied Matters Act, 2020.

According to the notice, the affected companies can find their names on the Commission’s website.

The notice read, “This is to notify the General Public and Esteemed Customers that the Corporate Affairs Commission has commenced another round of striking off names of companies from the Register pursuant to the provisions of Section 692 (3) and(4) of the Companies and Allied Matters Act, 2020.

“The list of the affected One Hundred Thousand (100,000) companies can be accessed at the Commission’s Website http://cac.gov.ng”

The Commission urged the companies to regularise their records within 90 days of the notice.

Dangote Industries Limited (DIL) has called on Nigerians to provide credible information that could lead to the arrest of persons involved in the illegal use of its branded trucks and get five hundred thousand naira (N500,000) reward.

Dangote had introduced a whistleblower initiative as the conglomerate moves to clamp down on the “illegal use” of its trucks.

The company said the move was part of efforts to curb unauthorised haulage activities and protect the integrity of its nationwide logistics operations. In a statement on Sunday,

DIL encouraged the public to report any suspected cases of its trucks being used to transport unauthorised goods or passengers.

The company warned that only approved products are permitted to be conveyed by trucks belonging to its subsidiaries.

According to the statement, Dangote Cement trucks are authorised to transport only cement, limestone, high-grade gypsum, coal and clinker, while Dangote Sugar Refinery trucks are restricted to sugar products.

The company said trucks belonging to NASCON Allied Industries are designated for Dangote Salt and DanQ Seasoning products. “Dangote Packaging vehicles are to carry bags and packaging materials, Dangote Petroleum Refinery and Petrochemicals trucks are approved for polypropylene products, while Dangote Fertiliser Limited vehicles are authorised to transport urea fertiliser,” the statement reads. ‘TRUCKS FOUND WITH UNAUTHORISED GOODS TO BE TREATED AS ILLEGAL HAULAGE’ Dangote said any of its trucks found conveying unauthorised goods would be treated as engaging in illegal haulage.

The company said drivers and owners of such goods risk arrest, confiscation of the cargo and prosecution. “Anyone with verifiable information that leads to the arrest of persons involved in illegal haulage activities or the recovery of unauthorized goods transported on Dangote trucks will receive a cash reward of Five Hundred Thousand Naira,” the statement further reads.

Dangote urged whistleblowers to provide details such as the truck type, registration plate number, cab number, location, description of the goods being transported, colour of the vehicle, and photographs where possible, to aid investigations.

The company said it has established dedicated hotlines across its operations to receive reports of illegal haulage activities.

The group said law enforcement agencies, including the police, have been authorised to arrest drivers found using Dangote trucks for unauthorised commercial haulage.

Dangote Industries reiterated its zero-tolerance stance against logistics-related fraud, saying the whistleblower programme is aimed at strengthening transparency, accountability and compliance across its logistics network. “Public cooperation remains critical in our efforts to eradicate illegal haulage activities,” the company said.

“We encourage anyone with credible information to come forward and help us maintain the integrity of our transportation system.” DIL said the initiative is expected to protect its assets, promote lawful business practices and ensure offenders are brought to justice.

Finally Rivers State Governor, Siminalayi Fubara, has presented a proposed budget of N1.854 trillion for the 2026 fiscal year to the Rivers State House of Assembly, describing it as a “Budget of Resilience for Growth and Development.”

Presenting the Appropriation Bill before lawmakers on Friday, Governor Fubara said the budget was designed to consolidate the gains of his administration in infrastructure development, human capital advancement, security and economic growth, while ensuring fiscal discipline and accountability in the management of public resources.

Fubara noted that despite various challenges, governance had remained effective in the state, with notable progress recorded in critical sectors. He attributed the state’s fiscal stability to prudent financial management, transparency, and a commitment to responsible governance.

According to him, the proposed budget projects a total revenue of N1.854 trillion, representing a 24.49 per cent increase over the 2025 adjusted budget. The projected revenue is expected to come from Internally Generated Revenue (IGR), Federation Account Allocation Committee (FAAC) receipts, derivation funds, grants, loans, asset sales, and opening balances.

A breakdown of the revenue projections shows that N487.61 billion is expected from internally generated revenue, while N936.05 billion will come from FAAC allocations, including derivation funds, Value Added Tax (VAT), and exchange gains. Capital receipts, grants, loans, and asset sales are projected at N382.48 billion, while opening and closing balances account for N48.11 billion.