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President Muhammadu Buhari has written to the Nigeria Senate
seeking an amendment to the Companies and Allied Matters Act, 1990
to preserve the powers of the Attorney-General’s approval of
business registration.

President of the Senate, Dr Ahmad Ibrahim Lawan reading the
executive communication on Thursday, added that the amendment of
the Act being sought by Mr President would drive the “ease of doing
business for transparency and efficiency.”

Part of the letter states: “In line with Section 58 of the
Constitution of the Federal Republic of Nigeria 1999 as amended and
section 26(5) of the Act, I wish to seek amendment of the Companies
and Allied Matters Act. ”

The proposed amendment sought by President Buhari would be laid
for first reading at a later date in line with parliamentary
practices.

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