- The signing of CAMA into law has been opposed by SERAP
- According to SERAP, the legislation is the most repressive law in Nigeria's history
- The organisation said that it has taken the case to court and mentioned the presidency and NASS as respondents
PAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed!
The signing of the Companies & Allied Matters Act (CAMA) 2020 has been fiercely opposed by the Socio-Economic Rights and Accountability Project (SERAP).
CAMA 2020 was passed by the Senate and the House of Representatives and signed by President Muhammadu Buhari recently.
The new business legislation furnishes a platform that fosters the ease of doing business as well as brings the provisions to align with modern technology.
However, SERAP, on its Twitter page describes the act as the most repressive law in Nigeria's history which it believes will be used to suppress the rights of Nigerians.
Meanwhile, Legit.ng reported that President Muhammadu Buhari's aide Lauretta Onochie had tackled the presiding bishop of the Living Faith Church International, Bishop David Oyedepo.
Onochie was reacting to Oyedepo's rejection of the new regulation law on religious bodies. According to her, if the statement faulting the federal government's move was truly credited to Oyedepo, then the time had come for the cleric to manufacture his own country.
"I hope this is not true. If it is, Oyedepo will have to manufacture his own country and live by his own laws.
"As long as he lives and operates within the entity called Nigeria, he will live by Nigerian rules and laws. He will do as he's told by the law. Enough of lawlessness," she said on Twitter.
Moreover, Oyedepo had said those insulting him for rejecting the CAMA were wasting their time.
The cleric made the disclosure while delivering a sermon tagged: “Breaking Limits” on Tuesday, August 18, adding that negative remarks do not influence his actions.
Coronavirus: Bishop Oyedepo wants churches to open if markets can; do you agree? | Legit TV