Buhari Signs Amended Companies And Allied Matters Bill Into Law

Sahara
President Muhammadu Buhari has signed into law the Companies and Allied Matters Bill, 2020. The bill will replace the extant Companies and Allied Matters Act, 1990. Femi Adesina, Special Adviser to the President on Media and Publicity, said the law will see to the reduction of filing fee and other reforms to make it easier and cheaper for small and medium-sized enterprises to register and reform their businesses in Nigeria. He said, “The law will allow corporate promoters of companies to establish private companies with a single member or shareholder, and creating limited liability partnerships and limited partnerships to give…
Source: Buhari Signs Amended Companies And Allied Matters Bill Into Law

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