Concerns about CAMA can be addressed through NASS amendment – Osinbajo

The Vice President Yemi Osinbajo has  urged those who have concerns about the recently signed Companies and Allied Matters Act (CAMA) 2020, CAMA legislation to approach the National Assembly for possible amendments, since “we are in a democracy.”

Osinbajo spoke at the ongoing Nigeria Bar Association Annual General Conference during a Special Conversation featuring him and the Speaker of the House of Representatives Mr. Femi Gbajabiamila.

Responding to the issue of  CAMA,  the Vice President said the solution to the concerns is evident, noting that an amendment to the CAMA Act could be sought by those expressing concerns about sections of the law.

He said “we have a process by which this can be redressed. Whatever the proposal for amendment may be, whatever the view 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 into a proposal that will be brought to the National Assembly for consideration for amendment to the law, that is the process which is entirely opened and ought to be pursued.

“We are in a democracy and there is a process by which things can be done and that process is the one where you bring forward amendments to the National Assembly and they will do whatever is considered useful in the circumstance.”