Warning: include(/home/magidzxo/public_html/wp-content/plugins/af-companion/inc/notice-upgrade.php): failed to open stream: No such file or directory in /home/magidzxo/public_html/wp-content/plugins/af-companion/inc/class-aftc-main.php on line 999

Warning: include(): Failed opening '/home/magidzxo/public_html/wp-content/plugins/af-companion/inc/notice-upgrade.php' for inclusion (include_path='.:/opt/alt/php72/usr/share/pear') in /home/magidzxo/public_html/wp-content/plugins/af-companion/inc/class-aftc-main.php on line 999

Warning: include(/home/magidzxo/public_html/wp-content/plugins/blockspare//admin/notice-upgrade.php): failed to open stream: No such file or directory in /home/magidzxo/public_html/wp-content/plugins/blockspare/inc/init.php on line 60

Warning: include(): Failed opening '/home/magidzxo/public_html/wp-content/plugins/blockspare//admin/notice-upgrade.php' for inclusion (include_path='.:/opt/alt/php72/usr/share/pear') in /home/magidzxo/public_html/wp-content/plugins/blockspare/inc/init.php on line 60

Warning: getimagesize(https://www.magicfm.ng/wp-content/uploads/2017/08/SERAP-1.jpg): failed to open stream: HTTP request failed! HTTP/1.0 404 Not Found in /home/magidzxo/public_html/wp-content/plugins/fb-instant-articles/vendor/facebook/facebook-instant-articles-sdk-extensions-in-php/src/Facebook/InstantArticles/AMP/AMPArticle.php on line 925

Warning: getimagesize(https://www.magicfm.ng/wp-content/uploads/2017/08/SERAP-1.jpg): failed to open stream: HTTP request failed! HTTP/1.0 404 Not Found in /home/magidzxo/public_html/wp-content/plugins/fb-instant-articles/vendor/facebook/facebook-instant-articles-sdk-extensions-in-php/src/Facebook/InstantArticles/AMP/AMPContext.php on line 681
President Buhari dragged to court over Companies and Allied Matters Act, 2020

Business

President Buhari dragged to court over Companies and Allied Matters Act, 2020

By magic

February 15, 2021

The Socio-Economic Rights and Accountability Project (SERAP) has approached the Federal High Court in Abuja, urging it to restrain President Muhammadu Buhari from using the Companies and Allied Matters Act, 2020 to target activists.

SERAP in a statement issued on Sunday by its SERAP Deputy Director, Kolawole Oluwadare, wants the court to bar Buhari from implementing draconian and unlawful provisions of the CAMA 2020 which allows the Federal Government to arbitrarily merge a new association with an already registered association; to suspend and remove trustees of any association, and to take over funds belonging to any association, and transfer such funds to another association on the pretext that the account is dormant.

The organisation also joined the Attorney General of the Federation and Minister of Justice, Abubakar Malami, and the Corporate Affairs Commission (CAC) as defendants in the suit.

According to the statement, the suit with file number FHC/ABJ/CS/172/2021 was filed last Friday in the nation’s capital.

SERAP is seeking an order stopping President Buhari, Malami and the CAC from implementing the unconstitutional provisions of CAMA 2020 which allow the Federal Government to arbitrarily and unilaterally cancel or revoke the certificate of registration of any association on flimsy grounds.