This article is about the cost and requirements for registering an NGO in Nigeria currently in this year 2022. A Non-Governmental Organization (NGO), is a group that is founded independently of the government. They are usually non-profit organizations, or humanitarian groups which can also be clubs or associations that renders services to its members and others. According to many different surveys, NGOs enjoy a high level of public confidence, making them a suitable proxy for societal and stakeholder concerns. However, non-governmental organizations (NGOs), such as the World Economic Forum, can act as corporate lobbying groups.
In Nigeria today, the number of non-governmental organizations has skyrocketed. While many attribute this to the country’s continuous insurgency and the influx of international organizations, others feel it is due to the country’s desperate need to reach out to more people for numerous reasons. We shall be looking at how much it costs to register an NGO in Nigeria today in this article very shortly and we will also discuss about the step by step processes for registering a non-governmental organization (NGO) in Nigeria as well. Do kindly continue reading to find out more.
CURRENT COST OF REGISTERING A NON-GOVERNMENTAL ORGANIZATION (NGO) IN NIGERIA 2022
In recent years, NGOs have become increasingly popular in Nigeria. While there is no set fee for forming an NGO because the final amount to be paid varies from case to case, on the average, registering an NGO costs between the price range of ₦120,000 – ₦400,000 in Nigeria today. The price varies depending on the type of NGO you wish to register, the fees charged by lawyers who will assist you with the process, and other fundamental fees.
DOCUMENTS REQUIRED FOR REGISTERING AN NGO IN NIGERIA 2022
The following documents are required for the registration of a non-governmental organization (NGO) in Nigeria today (2022):
- An application letter
- Applicant’s constitution in two (2) copies
- Two (2) copies of the application form signed by the organisation or association’s Chairman and Secretary
- Extract from the minutes of the general meeting that appointed the trustees, which includes a list of all members present as well as the vote pattern.
- Two (2) Passport photographs of the Trustees.
- On the application form, the Trustees’ residential addresses and signatures are required.
- Each trustee must file a trust declaration form with the Nigerian High Court.
- Evidence of property acquisition for the organization or undertaking in lieu of property acquisition.
- The impression of the association’s common seal on the application form.
- Extract of the Minutes of the meeting where the special clause rule was adopted into the constitution of the organization; signed by Chairman and Secretary.
- Original Newspaper publication
- Bank draft for the prescribed fee.
STEP BY STEP PROCESSES FOR REGISTERING AN NGO IN NIGERIA 2022
The following is a step by step guide for the registration of a non-governmental organisation (NGO) in Nigeria this 2022:
DEVELOP YOUR PLAN FOR YOUR NGO
When it comes to registering an NGO in Nigeria, this should be the first step. This procedure is about you and the organization you have proposed. Simply put, define the mission and purpose of your future non-governmental organization. You should clearly explain the activities that the organization will participate in as well as a plan of action.
CHOOSE A NAME FOR YOUR NGO
Another thing you must do after developing a plan for your NGO is to choose a name for your organisation. You have a lot of options for naming your potential NGO. However, make sure the name reflects the NGO’s goal. You should not choose a name that does not correspond to your NGO’s vision and objective. It is also critical that you choose more than one name as options for your NGO as some of the names could have been picked by another similar NGO.
APPOINT REQUIRED PERSONNEL/TRUSTEE
This is a crucial part of the procedure. Choose someone who is qualified to serve as a Trustee. The trustee must be at least 18 years old and have should never been convicted of any crime.
INVOLVE AN ACCREDITED SOLICITOR
The next step is to seek legal advice. A lawyer will assist you in conducting pre- and post-incorporation of your organisation in the most formal and legal manner possible. The Solicitor will assist you in doing a name availability search in the most efficient manner possible. This is one of the most crucial procedures since it determines whether the name you have chosen is available and usable. If the name you want is not available, he or she will be told to choose another, and they will check again. If available, he or she will help you select the name and reserve it until the process is completed. Kindly note that name availability check and registration can be done within 48 hours by a CAC qualified Solicitor.
PUBLICATION OF NOTICES
Following the name reservation process for your non-governmental organisation (NGO), your selected solicitor will guarantee that three national dailies are published, one of which should be a local daily that circulates in the area where your new NGO will be based.
DRAW UP A FORMAL CONSTITUTION
The organization’s constitution is the next major stage. While the Solicitor is in charge of this procedure, the NGO’s owner should be present to add or remove anything from the constitution. The purpose and goal of the organization should be included in the constitution, as well as the names of the members of the Board of Trustees and a statement of purpose.
DOCUMENTATION OF ALL INCORPORATION DOCUMENTS
Your solicitor will gather all required documents, which must include a properly completed application form, a letter of application, confirmation of newspaper publications, copies of the organization’s constitution, and so on. Check out the list of required documents we have given earlier in the course of this article for more information.
SUBMISSION AND FILING OF DOCUMENTS
Your Solicitor will then file all of the required documents with the Corporate Affairs Commission (CAC) for the organization’s incorporation after compiling all of the required documents.
COLLECTION OF THE NGO CERTIFICATE OF INCORPORATION
This is the final step towards registering your NGO in Nigeria, and after you must have been through with all other processes, The Corporate Affairs Commission of Nigeria will now issue you with the certificate of incorporation for your non-governmental organization (NGO) through your solicitor. After this is done, you can then proceed to open an official account for your organisation.