The Christian Association of Nigeria (CAN) has urged President Muhammadu Buhari to suspend the implementation of the Companies and Allied Matters Act (CAMA).
The call was made by CAN President, Samson Ayokunle, on Tuesday, August 1, 2020, in Abuja during a news conference.
The CAMA bill had been passed by the National Assembly earlier this year and President Buhari had signed it into law on August 7, 2020.
Ayokunle said that comments in the public domain indicate that the act was undermining the faith of stakeholders in the country.
He said:
”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 urged Buhari to issue the appropriate directives to suspend the implementation of the Act based on stakeholders’ opinions and affirm a thorough reappraisal of the legislation.
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.”
