The Pentecostal Fellowship of Nigeria has called for a review of the Companies and Allied Matters Act passed by the National Assembly, saying it is subject to abuse.
The body explained that there was cause for concern as the law related to civil society organisations, religious bodies and other not-for-profit concerns.
Omobude, in a statement on Tuesday, argued that there were contradictions in the law, stressing that some of the provisions in CAMA were already covered by other legislation.It said, “Following a briefing by its team of legal advisers, the Pentecostal Fellowship of Nigeria is convinced that there is indeed cause for concern about the Companies and Allied Matters Act recently signed into law, as it concerns civil society organisations, religious bodies and other not-for-profit concerns.
“We believe that these provisions, among others, leave the door open to abuse, denial of fair hearing, arbitrariness and dubious use of power by the commission and/or its agents.”
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