#OBSCURELEGALFACTS BY AROME ABU
PRIVATE ORGANISATIONS AUTHORISED TO GUARD
MONEY
In Nigeria, it is an offence for an organisation to carry on the
services of guarding or carrying of money for the purposes of
providing security against crime, except the entity is registered
with the Corporate Affairs Commission and it is granted licence by
the Nigeria Security and Civil Defence Corps.
PENALTY
N100,000-N500,000
See Section 1& 2 of the Private Guard Companies Act
Regulation 29 of the Private Guard Companies Regulation
2018.
Section 3 of the Nigeria Security and Civil Defence Act.
Arome Abu is the Principal Partner of TCLP.
CAVEAT: Note that this information is provided for general
enlightenment purposes and is not intended to be any form of legal
advice.
Obscure Legal Facts is an exclusive daily publication of THE
COUNSEL L-P.
Plot 108 Idris Gidado
Way, Wuye, Abuja.
abuarome@gmail.com
+234 803 262 2359
+234 708 1156 539.
Twitter: @TheCounseLP
#OBSCURELEGALFACTS BY AROME ABU
PRIVATE ORGANISATIONS AUTHORISED TO GUARD
MONEY
In Nigeria, it is an offence for an organisation to carry on the
services of guarding or carrying of money for the purposes of
providing security against crime, except the entity is registered
with the Corporate Affairs Commission and it is granted licence by
the Nigeria Security and Civil Defence Corps.
PENALTY
N100,000-N500,000
See Section 1& 2 of the Private Guard Companies Act
Regulation 29 of the Private Guard Companies Regulation
2018.
Section 3 of the Nigeria Security and Civil Defence Act.
Arome Abu is the Principal Partner of TCLP.
CAVEAT: Note that this information is provided for general
enlightenment purposes and is not intended to be any form of legal
advice.
Obscure Legal Facts is an exclusive daily publication of THE
COUNSEL L-P.
Plot 108 Idris Gidado
Way, Wuye, Abuja.
abuarome@gmail.com
+234 803 262 2359
+234 708 1156 539.
Twitter: @TheCounseLP