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CAMA: Religious Leaders Are Worried About Abuse Of Processes – Osinbajo


 Vice President, Professor Yemi Osinbajo, has said that the major concern of religious leaders with the recently enacted Companies and Allied Matters Act (CAMA) 2020 is the fear that the processes are not abused in a way that compromises the entire structure and operation of the organisation.

Professor Osinbajo who spoke during the Nigerian Bar Association (NBA) Annual General Conference on Thursday stated that these leaders want to be accountable, contrary to views based on reactions to a section of the act.

He maintained that the CAMA 2020 is massive legislation that covers a wide range of issues on companies and if a section is contentious, what the aggrieved parties can do is to approach the National Assembly and propose an amendment.

“As a general position, I do not think it will be right to say that pastors don’t want to be accountable. I believe that several Christian organizations and pastors are willing to be accountable. The problem that they may have is ensuring that processes are not abused in such a way as to compromise the entire organization. And I think that if all that is required is some process of accountability, I think it will be easier for organizations to accept that.

The concern of the Churches is that it could lead to a situation where practically anybody could be appointed as a trustee to oversee the Church and a Church or a Mosque is a spiritual organization and if you do not share the same faith with the Church or Mosque, you may be the wrong person and if a wrong is appointed, you may create more trouble for the organization.

“What can be done is that, whatever the proposal for amendment may be, whatever the views of the leadership of the church may be, regarding the question of how the trustees, whether they are interim trustees or not, can be put in the form of a proposal that will be taken to the National Assembly for consideration for an amendment to the law, that is the process which is entirely opened and ought to be pursued,” the Vice President added.

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