#OBSCURELEGALFACTS BY AROME ABU
FOREIGNERS CANNOT BE DIRECTORS IN SECURITY COMPANIES IN
NIGERIA
Generally, foreigners can become directors in Nigerian
companies. However, the directors of private security companies
must be wholly Nigerians.
Whilst the Corporate Affairs Commission may allow registration
of a proposed security company with foreign directors, bottlenecks
will be experienced at the Nigeria Security and Civil Defence
Corps, which is the body, empowered to licence Security Companies
in Nigeria.
See Section 13(1)(e) of the Private Guards Company 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: @TheCounselLP
#OBSCURELEGALFACTS BY AROME ABU
FOREIGNERS CANNOT BE DIRECTORS IN SECURITY COMPANIES IN
NIGERIA
Generally, foreigners can become directors in Nigerian
companies. However, the directors of private security companies
must be wholly Nigerians.
Whilst the Corporate Affairs Commission may allow registration
of a proposed security company with foreign directors, bottlenecks
will be experienced at the Nigeria Security and Civil Defence
Corps, which is the body, empowered to licence Security Companies
in Nigeria.
See Section 13(1)(e) of the Private Guards Company 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: @TheCounselLP