The Christian Association of Nigeria (CAN), has called on President Muhammadu Buhari to suspend implementation of the new Companies and Allied Matters Act (CAMA) 2020.
President of the Christian body, Rev. Samson Ayokunle, made the call at a news conference on Tuesday in Abuja.
According to Ayokunle, comments in the public space regarding the Act, suggest that either the input of stakeholders was not sought or their views were not adequately accommodated by the Act.
Represented by the General Overseer, All Christians Fellowship Mission (ACFM), Rev. William Okoye, the CAN president noted that the association was yet to receive an authentic copy of the Act.
“We consider the Act a complex of statecraft compendium, laden with issues inimical to peace and stability and overall wellbeing of the country.
“From the reactions of stakeholders and a cross-section of the people it is apparent the Act either did not receive input from various interest groups or failed to accommodate their views.
“There is need for stakeholders to seek judicial intervention or amendment of the Act.
“We must allay stakeholders’ fears and encourage them to exercise their democratic rights, hoping that when citizens approach the state institutions they shall rise up to the challenge,” he said.
The CAN president who urged President Buhari to issue the appropriate directives to suspend the implementation of the Act based on stakeholders’ opinions said “The directive should be 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 people.”
