Igbochief001:

it's the job of the federal government to protect it's citizens from scammers

na2016:


Guy calm down. They government is helping you. This is how Obj did when miracles were flying everywhere.

na2016:


Guy calm down. They government is helping you. This is how Obj did when miracles were flying everywhere.

Tango123:


See below. Copied from somewhere

If you guys know the amount of things hidden in that 604 pages of the new Companies Act,you'll start weeping.The Corporate Affairs Commisson has just been made a monster. You see that NIPOST regulation fixing N20m as licensing fee?That is small stuff compared to what CAC will do.

The sector that will be worst hit are the churches, mosques, charity organisations, schools, NGOs etc. The CAC can now arbitrarily remove & replace the "owners" or leaders of these organisations. Also, CAC can convert/take over the monies in their bank accounts.

Every sector will be hit. In the old Act, small fees were clearly prescribed for certain things.E.g, the Act may say if you fail to do XYZ, you'll pay N50 for each day of default.The new Act has removed all those meagre fees & gives CAC power to make regulations prescribing fees.

Online vendors who operate under a business name other than their government names, are now risking conviction in court if they don't register their business names with CAC.

The most damning revelation from my review so far is that, a private organisation has been written into the new Companies Act & has been emboldened through the back door to:
1. generate revenue; and
2. regulate an aspect of law practice, accountancy etc.

The private org is Business Recovery and Insolvency Practitioners of Nigeria (BRIPAN). S. 705(C) of the new CAMA requires that to qualify as insolvency practitioner,you must be a lawyer/accountant AND a member of BRIPAN. On BRIPAN website, membership fee ranges from N90k - N250k.

BRIPAN is not a chartered institute (like ICAN, ICSAN, CIPM) or a statutory body. It is a private association formed by private citizens. Remember how Lagosians fought against Alpha Beta being written into the Lagos Land Use Charge Law (albeit unsuccessfuly)?

In similar fashion, some people have successfully slipped in BRIPAN (a private organisation) into an Act of the National Assembly and the President has signed it into law. How did our law makers not see this while deliberations on the bill were ongoing?

Another curious provision in the new CAMA is S. 851 which empowers CAC to now act as a 'court' or tribunal of some sort. So if CAC imposes fees on your small business, before you can go to court to challenge those fees, you must first appear before CAC panel & make your case.

The panel is made up of guess who? Registrar General of CAC, 5 officers of CAC & someone from the Ministry of Trade & Investment, which is the Ministry overseeing the CAC. In effect, the CAC is now a Prosecutor & Judge in its own case. Goodluck if you have a case against CAC.

One of the narratives touted by the govt regarding this new law is that, it'll aid ease of doing business. While I agree that on face value,some sections of the law will aid this,I am simply drawing our attention to other sections which will become a clog & make things difficult.

Another narrative is that, with this new law, you wont need a lawyer to either incorporate a business or carry out many post incorporation activities as you can do them yourself. Truth is,many lawyers will grapple with this new law.If this is so,what are your chances as a layman?

aribisala0:


Jesus and Muhammad were quite successful without bank accounts and private jets.You don't need that stuff to spread the word

So long as the law is constitutional no problem. Anyone can challenge that in court

No layman is forced to open a business without using a lawyer but those who think they can do without them are allowed to do so.That is a good development

aribisala0:


Jesus and Muhammad were quite successful without bank accounts and private jets.You don't need that stuff to spread the word

So long as the law is constitutional no problem. Anyone can challenge that in court

No layman is forced to open a business without using a lawyer but those who think they can do without them are allowed to do so.That is a good development

Halo22:
I know you were trying to make a point, but insult is what I won't take. If we start with this very one is heaven going to fall? You must be a religious fan, but try to be reasonable even in ur indoctrination.

TimeTraveler369:


That makes you a complete slowpoke if you do not care about accountability

AnanseK:


What brought my father into this? Your behavior clearly shows your brothel upbring and the reason why you will never understand what morality is, let alone moral responsibility, honesty or role of government. Accept my sympathy.

Tango123:


Are u sure u are not a member of BRIPAN, or a beneficiary

Who regulates BRIPAN

Or will it be like efcc and dss that are used as attack dogs to attack political enemies

Tango123:


The civil authorities in yhe time of Jesus and Mohammed didnt put their hands forcefully on private money donated by private individuals for private issues

It is interesting u avoided the place that article mentioned a private organisation is being used

Who owns and runs that private organisation.

Why are u not questioning that

aribisala0:
Not relevant

Tango123:


Phase out corruption in the govt first, or to a good level, so that we van trust this will not be used in a sectarian fashion against churches who speak up against the govt.

Tell me whicj Nigerian political leader in this fg rhat gives Nigeria a good name abroad

This govt has not given us any reason to trust them

What is more important to Nigerians now is security and the economy

Let tjis government face the herdsmen and so called bandits killing people in Nigeria. That is more important than private money held by private organisations

Now it is the church, tomorrow it is ur business and ur bank account they will come after

Tango123:


U see ur hypocrisy

U tell me churches need to be regulated

But i should not question nor ask who regulates BRIPAN

Its either u are so believing and trusting in Nigerian govt, which to me is like trusting a goat to look after yam

Or u are one of the goats in question

Even in civilised countries, no private unregulated body will be tasked with regulating other bodies. Even state bodies like police are heavily regulated

Now that i know ur line of reasoning, which at best is mistaken, and at worst is coniving with this govt, i rest my case with u

Today it is the church, tomorrow it will be ur old boys association of ur school, next tomorrow it will be ur private money in ir private account

Empiree:
Did you watch the video at all?. It answered your questions. Also, do mosques earn income?. Mosques do not earn income. They are houses of worship but churches in nigeria are 95% percent business centers. Tell me what most of the pastors do for living besides owing churches?. Churches are business centres because worshippers make monthly payments via tithes.

IMASTEX:

Too much sense, haven't seen too much of it in one mentioned in a while now. I wasn't surprised either when I checked the name! Well, as sensible & biblical your point is, those church goers won't accept not because they love God, but because their pastors make them believe otherwise, and the pastor is simply doing so because he himself needs people to fund his greed. Flexherbal you need to see this.

TonyeBarcanista:
Those against CAMA Amendment are either ill-informed or mischievous.

In sane societies like USA, South Africa, UK, Europe, Australia etc, there are agencies that regulate religious organisations, CSOs and NGOs. Why should Nigeria's be different?

Some people said it is a fight against the church, and I ask, which Church?

If the Bible is right, the Church is the congregation of believers. It is not a building or religious organisation. And believers don't need any formal nomenclature or organisation to worship. The Bible says where two or three are gathered, CHRIST is present. The Bible never said people should establish organisations, neither did the early Christians establish organisations.

Now let's look this....

A man wakes up on a faithful morning, he approaches CAC (Government) to register his organisation, which he names XYZ Church

He lists himself, his wife, Kids or associates as Trustees

He gets certificate from the government to operate...

Yet, he argues with the government that they have no right to regulate the activities of the same organisation that he went to government to register.

He shouts persecution, war against the church and God.

Meanwhile, he is the final authority and CEO in the religious organisation, and won't hesitate to show the exit door to anyone that questions his authority.

The irony is that he abides to similar laws abroad...


As much as I'm not a fan of this administration, I support this CAMA... Although Nigeria politicians are useless

FACT:

FG or any other government cannot regulate the "Church" (congregation of believers). Even the Roman government couldn't regulate the Church.

However, government can only regulate religious organisations (formal organizations) that are registered with the government in line with the constitutional mandate.

The rule is simple, don't register your organisation with government if you don't want to be regulated... Same way you don't register your business and NGO with government if you don't want their regulation...

Igbochief001:

it's the job of the federal government to protect it's citizens from scammers

Kingspin:
Keep Quiet

Church members help offer money to running church activities or build a church.

Are you not a shame to say such.

If Church is business that shouldn't be your headache because they don't bomb people.

Why are Muslims jealous about?

shadeyinka:

The Word of God is a double edged sword. And the letters kill but it's the Holy Spirit who gives life (to it and for us)
2Cor 3:6:
"Who also has made us able ministers of the new testament; not of the letter, but of the spirit: for the letter kills, but the spirit gives life."

adekolaelect:
Many Nigerians are senseless they couldn't like to pay tax for government that can offer them Roads ,Hospitals and many other things but like contributing for religious Leaders who has nothing to offer them than promising Imaginary Heaven which no one had ever go and come back to tell us how it is. But the noise of these Christians is too much as if the law only applicable to churches only .They will only blame government for everything they lack but failed to Question where they contributed their major hard earn resource to simply because of religious sentiment .

TonyeBarcanista:
Those against CAMA Amendment are either ill-informed or mischievous.

In sane societies like USA, South Africa, UK, Europe, Australia etc, there are agencies that regulate religious organisations, CSOs and NGOs. Why should Nigeria's be different?

Some people said it is a fight against the church, and I ask, which Church?

If the Bible is right, the Church is the congregation of believers. It is not a building or religious organisation. And believers don't need any formal nomenclature or organisation to worship. The Bible says where two or three are gathered, CHRIST is present. The Bible never said people should establish organisations, neither did the early Christians establish organisations.

Now let's look this....

A man wakes up on a faithful morning, he approaches CAC (Government) to register his organisation, which he names XYZ Church

He lists himself, his wife, Kids or associates as Trustees

He gets certificate from the government to operate...

Yet, he argues with the government that they have no right to regulate the activities of the same organisation that he went to government to register.

He shouts persecution, war against the church and God.

Meanwhile, he is the final authority and CEO in the religious organisation, and won't hesitate to show the exit door to anyone that questions his authority.

The irony is that he abides to similar laws abroad...


As much as I'm not a fan of this administration, I support this CAMA... Although Nigeria politicians are useless

FACT:

FG or any other government cannot regulate the "Church" (congregation of believers). Even the Roman government couldn't regulate the Church.

However, government can only regulate religious organisations (formal organizations) that are registered with the government in line with the constitutional mandate.

The rule is simple, don't register your organisation with government if you don't want to be regulated... Same way you don't register your business and NGO with government if you don't want their regulation...

aribisala0:


I told you not to question anything?

When

Where?

Confida:
No weapon formed against the church shall prosper

Igbochief001:

it's the job of the federal government to protect it's citizens from scammers

Goke7:


Most nigerian churches do not want to be accountable even to their members parting away with their hard earned resources. Everything is covered using the name of God.

The govt just want these churches to be more accountable

Igbochief001:

it's the job of the federal government to protect it's citizens from scammers

I have no problem with the useless cama, but the worse scammer in this country is the government. I wish they fix themselves before making some useless laws.

Tango123:


See below. Copied from somewhere

If you guys know the amount of things hidden in that 604 pages of the new Companies Act,you'll start weeping.The Corporate Affairs Commisson has just been made a monster. You see that NIPOST regulation fixing N20m as licensing fee?That is small stuff compared to what CAC will do.

The sector that will be worst hit are the churches, mosques, charity organisations, schools, NGOs etc. The CAC can now arbitrarily remove & replace the "owners" or leaders of these organisations. Also, CAC can convert/take over the monies in their bank accounts.

Every sector will be hit. In the old Act, small fees were clearly prescribed for certain things.E.g, the Act may say if you fail to do XYZ, you'll pay N50 for each day of default.The new Act has removed all those meagre fees & gives CAC power to make regulations prescribing fees.

Online vendors who operate under a business name other than their government names, are now risking conviction in court if they don't register their business names with CAC.

The most damning revelation from my review so far is that, a private organisation has been written into the new Companies Act & has been emboldened through the back door to:
1. generate revenue; and
2. regulate an aspect of law practice, accountancy etc.

The private org is Business Recovery and Insolvency Practitioners of Nigeria (BRIPAN). S. 705(C) of the new CAMA requires that to qualify as insolvency practitioner,you must be a lawyer/accountant AND a member of BRIPAN. On BRIPAN website, membership fee ranges from N90k - N250k.

BRIPAN is not a chartered institute (like ICAN, ICSAN, CIPM) or a statutory body. It is a private association formed by private citizens. Remember how Lagosians fought against Alpha Beta being written into the Lagos Land Use Charge Law (albeit unsuccessfuly)?

In similar fashion, some people have successfully slipped in BRIPAN (a private organisation) into an Act of the National Assembly and the President has signed it into law. How did our law makers not see this while deliberations on the bill were ongoing?

Another curious provision in the new CAMA is S. 851 which empowers CAC to now act as a 'court' or tribunal of some sort. So if CAC imposes fees on your small business, before you can go to court to challenge those fees, you must first appear before CAC panel & make your case.

The panel is made up of guess who? Registrar General of CAC, 5 officers of CAC & someone from the Ministry of Trade & Investment, which is the Ministry overseeing the CAC. In effect, the CAC is now a Prosecutor & Judge in its own case. Goodluck if you have a case against CAC.

One of the narratives touted by the govt regarding this new law is that, it'll aid ease of doing business. While I agree that on face value,some sections of the law will aid this,I am simply drawing our attention to other sections which will become a clog & make things difficult.

Another narrative is that, with this new law, you wont need a lawyer to either incorporate a business or carry out many post incorporation activities as you can do them yourself. Truth is,many lawyers will grapple with this new law.If this is so,what are your chances as a layman?

na2016:


Go and sit down. You talk as if you say down ti read the entire 600 pages of that law.