President Muhammadu Buhari has expressed his support for the Companies and Allied Matters Act, 2020 (CAMA), recently passed to law, saying it will help fight corruption in the country.
President Buhari’s Special Adviser on Media and Publicity, Femi Adesina, who made the disclosure in a statement titled ‘CAMA Act will help us fight corruption, President Buhari explains at UNGA high-level summit,’ on Thursday, sad, CAMA would also enhance would enhance transparency and corporate accountability.
He said, Buhari’s comments were contained in a video message presented at the Open Government Partnership (OGP) 2020 Virtual Leaders’ Summit.
The summit reportedly held on the sidelines of the 75th session of the United Nations General Assembly (UNGA75) in New York, United States.
According to Adesina, the president disclosed that since inception in 2025, his administration has been making efforts to change the perception of Nigeria’s commitment to the fight of corruption.
Buhari reportedly stated that his recent assent to CAMA 2020 Act was one of the measures taken by his government to implement tougher anti-corruption measures.
He said that the Act provides a legal framework for the implementation of beneficial ownership information disclosure in Nigeria.