…says those behind it are enemies of the country By Jimitota Onoyume – Warri Pentecostal Fellowship of Nigeria, PFN,  has called on President Muhammadu Buhari to review what it referred as “offensive clause” in the new Companies and Allied Matters Act, CAMA, that affects churches in the country, saying those who smuggled it in were enemies […]

James Ogunnaike – Abeokuta An Ogun  State-based clergyman, Prof David Bamgbose has berated the leadership of the Christian Association Nigeria (CAN) on how it allowed the Companies and Allied Matters Act, 2020 scaled through the legislative processes only to discover the controversial law shortly after it was assented to by President Muhammadu Buhari. The CAN […]

By Victoria Ojeme The Corporate Affairs Commission (CAC) has said that the new Companies and Allied Matters Act 2020 will answer the widespread call for registered associations to become more accountable and transparent. The CAC said religious bodies and other non-governmental organisations should stop describing the new Act as evil. The Registrar-General of CAC, Garba […]

By James Ogunnaike An Ogun  State-based clergyman, Prof David Bamgbose has berated the leadership of the Christian Association Nigeria (CAN) on how it allowed the Companies and Allied Matters Act, 2020 scaled through the legislative processes only to discover the controversial law shortly after it was assented to by President Muhammadu Buhari. The CAN had […]

Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari requesting him to “urgently rescind your assent to the Companies and Allied Matters Act, 2020, [CAMA 2020], and to send the legislation back to the National Assembly to address its fundamental flaws, including by deleting the repressive provisions of the […]

Socio-Economic Rights and Accountability Project, SERAP, has instructed its Legal Counsel Femi Falana, SAN to take all appropriate legal actions against President Muhammadu Buhari if he fails to repeal the Companies and Allied Matters Act, CAMA, 2020 within 14 days.

Opposition to the segment of the Companies and Allied Matters Act (CAMA) 2020 which deals with churches spread at the weekend just as the Christian Association of Nigeria (CAN) signalled its intention to challenge the ‘offensive’ provision in court.

By Olasunkanmi Akoni A group, under the aegis of Human Rights Writers Association of Nigeria, HURIWA, has described the controversial Company and Allied Matters Act, CAMA, 2020 as a declaration of war on Christianity and agenda to Islamise Nigeria by another means that must be resisted by all means. HURIWA, therefore, charged President Muhammadu Buhari […]

By Marie-Therese Nanlong – Jos Reactions have continued to trail the recently accented Companies and Allied Matters Act, CAMA, 2020 as the New Nigeria People’s Party, NNPP questions the accent, wondering if the country under the All Progressives Congress, APC, was at war with God. The NNPP reminded the ruling APC that the country is […]

By Sam Eyoboka Presiding Bishop, Living Faith Church Worldwide, Bishop David Oyedepo, the tiny voice that let loose the avalanche of opposition to the Companies and Allied Matters Act, CAMA, again on Tuesday, said he does not care if anybody insults him or not, saying such people are wasting their time. Oyedepo received lots of […]

…Suspend CAMA now; it’s ungodly, CAN tells Buhari …As PFN rejects it; plans to seek redress By Sam Eyoboka & Olasunkanmi Akoni The Christian Association of Nigeria, CAN, and the Pentecostal Fellowship of Nigeria, PFN, yesterday, rose against the new Company and Allied Matters Act, CAMA, 2020, describing some of its provisions unacceptable. While CAN, […]

Wants Buhari to suspend implementation until NASS amends controversial sections By Luminous Jannamike – Abuja Christian Association of Nigeria has rejected the Companies and Allied Matters Act 2020, saying the Church won’t accept its provisions. The CAN President, Rev. Samson Ayokunle, in a statement on Thursday, described the new law as ‘ungodly.’ Recently, President Muhammadu […]

By Olasunkanmi Akoni The leadership of the Christian Association of Nigeria, CAN, has condemned the Companies and Allied Matters Act, CAMA, 2020 that was assented to by President Muhammadu Buhari recently calling for its immediate suspension. In a statement on Thursday, CAN President, Pastor Adebayo Oladeji, maintained that by implications, Buhari has repealed the Companies […]

The business and legal community will need to ‘unlearn’ some of the concepts that have governed Nigerian company law for three decades, such as authorised share capital, physical meetings, company seals

By Henry Umoru ABUJA – MOVE by the Senate to repeal and re-enact the twenty-eight-year-old Companies and Allied Matters, CAMA Act to promote financial stability and to reduce the time and cost of setting up a company, yesterday got a boost as the Bill scaled second reading. A Bill for an Act to repeal the […]