Daily Law Tips (Tip 488) by Onyekachi Umah, Esq., LLM. ACIArb(UK)

*MINIMUM AGE FOR COMPANY DIRECTORS IN NIGERIA. *

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.

My authorities are sections 18, 20, 567 and 613 of the Companies and Allied Matters Act, 1990.

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Practical Considerations to Negotiate an Enforceable Joint Operating Agreement in Civil Law Jurisdictions (Netherlands: Kluwer Law International, 2020) By Professor Damilola S. Olawuyi, LL. B (1st Class), BL (1st Class), LL.M (Calgary), LL.M (Harvard), DPhil (Oxford), Professor of Law and Deputy Vice-Chancellor, Afe Babalola University, Ado Ekiti, Nigeria, www.damilolaolawuyi.com. & Professor Eduardo G. Pereira, LL. B (Brazil), LL.M (Aberdeen), PhD (Aberdeen),www.eduardogpereira.com   

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