The Christian Association of Nigeria, CAN, on Tuesday, September 1, 2020 wrote a letter to President Muhammadu Buhari, asking him to suspend the implementation of the Companies and Allied Matters Act (CAMA).
CAN in its letter to Buhari said it is yet to view a full copy of the Act and they consider the Act, as indeed, a complex of statecraft compendium, laden with issues that are grossly inimical to national interest, security (- peace and stability), and overall wellbeing of the Nigerian-state.
The Association also stated that the Act did not get any inputs from various interest groups and failed to accommodate their views.
It suggested that there was no point in seeking judicial intervention or amendment of the Act by the National Assembly as that will achieve nothing.
“Mr. President . . . we are of the opinion that you should kindly issue the appropriate directives to suspend the implementation of CAMA 2020 and affirm a thorough reappraisal of the legislation that is in correlation with the provisions of the 1999 Constitution of Nigeria (as amended), other extant legal and policy frameworks, the national economy, national security, national interest and the wellbeing of the Nigerian-state,” the CAN statement ended.
It would be recalled that the CAMA was signed into law by President Muhammadu Buhari on August 7 and has since then generated controversy as critics have said it has serious consequences for the functioning of nonprofits, including churches, in the country.