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Minimum Age For Company Directors In Nigeria

Minimum Age For Company Directors In Nigeria

Minimum Age For Company Directors In Nigeria. Daily Law Tips (Tip 488) by Onyekachi Umah, Esq., LLM. ACIArb(UK)

For every company in Nigeria, there must be at least 2 directors at all times. This applies to private and public companies registered in Nigeria.

Although a minor can be a shareholder in Nigeria, only adults are allowed to be directors in Nigeria. The minimum age for directors in Nigeria is 18 years.

References;

Sections 18, 20, 567 and 613 of the Companies and Allied Matters Act, 1990.

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Feel free to reach the author, ask questions or make inquiries on this topic or any other legal issues via onyekachi.umah@gmail.com or +2348037665878.

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