CAN rejects CAMA, describes as “Satanic”

The Christian Association of Nigeria has rejected the Companies and Allied Matters Act, 2020

The association said the act would snuff life out of the church and rank the church as a secular institution under secular control

President Muhammadu Buhari had on August 7 signed into law, the companies and allied matters bill, 2020 which has been passed by the national assembly replaced the 1990 CAMA.

The Christian body described as satanic, section 839 (1) and (2) of the law which empowers the supervising minister “to suspend trustees of an association and appoint the interim managers to manage the affairs of the association for some given reasons.