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CAN Writes FG, Demands Suspension of Implementation of CAMA

The Christian Association of Nigeria on Monday submitted its position paper on the Companies and Allied Matters Act, 2020, to the President Muhammadu Buhari, demanding the suspension of the implementation of the controversial law.

The position of CAN was received on behalf of the president by his Special Assistant on Niger Delta Affairs, Ita Enang, during a brief meeting held at CAN Secretariat in Abuja.

The letter signed by CAN President, Samson Ayokunle, was delivered by a former Chaplain of Aso Villa Chapel, William Okoye.

Others at the meeting were CAN delegate to the 2014 National Conference and representative of the President of the Christian Lawyers Fellowship Organisation of Nigeria, Moses Arome; General Secretary of CAN, Joseph Daramola; and Special Assistant to the CAN President on Media and Communication, Adebayo Oladeji.

The letter partly read, “We respectfully acknowledge the invitation extended to us to make an input into the Companies and Allied Matters Act, 2020 following the myriad of objections that attended the enactment of the Act.

“While we sincerely appreciate the courtesy of your invitation, we are, however, constrained from doing so on the following grounds:
We are yet to be availed with the authentic version of the voluminous Act, made up of 870 sections besides the sundry and complex schedules and addendum.

“Furthermore, we are mindful that comments in public domain are beginning to indicate that CAMA, 2020 has the potential that can further undermine the faith of stakeholders in the Nigerian-state. The reactions from public office holders have not helped matters because they are binary in perspective and pander towards a fait accompli.

“The dominant schools of thought in the public domain, hold the view that should stakeholders of the Nigerian-state seek judicial intervention or amendment of the Act by the National Assembly, they shall achieve nothing much, as they consider such, as exercises in futility.

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