Breaking: CAN drags FG to Court over CAMA

The Christian Association of Nigeria (CAN) has sued the federal government over the implementation of the Companies and Allied Matters Act (CAMA) 2020.

On August 7, President Muhammadu Buhari signed CAMA into law. The law stipulates that religious bodies and charity organisations will be regulated by the registrar-general of the Corporate Affairs Commission (CAC) and a minister.

CAMA 2020 provides that the commission may by order, suspend the trustees of an association or a religious body and appoint an interim manager or managers to coordinate its affairs, where it reasonably believes that there has been any misconduct or mismanagement, or where the affairs of the association are being run fraudulently, or where it is necessary or desirable for the purpose of public interest.

The Christian body has filed a suit with the number FHC/ABJ/CS/244/2021 at the federal high court in Abuja, over the regulation which has been reportedly gazetted.

In a statement on Monday, Joseph Daramola, CAN’s general secretary, said the association dragged the federal government to court to contest some provisions of CAMA, which it is not comfortable with.

The case has the Corporate Affairs Commission (CAC), and minister of industry, trade and investment as respondents.