By Andah John
The Federal Government has suspended the law that forced Pastor Enoch Adeboye to stand down as the General Overseer of the Redeemed Christian Church of God (RCCG) in Nigeria.
In a statement by the media aide to the Ministry of Industry, Trade and Investment, Constance Ikokwu, the law has been suspended in order to review it.
The Financial Reporting Council of Nigeria under Jim Obazee, had directed not-for-profit organisations to comply with a corporate governance code. The code stipulates a term of 20 years for heads of such entities. This includes churches and mosques.
This was the provision that led to Pastor Adeboye’s retirement as RCCG’s GO, after spending over 20 years in the saddle.
He then named Pastor Joshua Obayemi to head the church in Nigeria while he remained the global overseer of the church.
In the statement, the Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah, said that the government remains committed to restoring and enhancing market confidence and improving the ease of doing business in Nigeria.
Before the announcement by the Ministry, Presidential spokesperson, Garba Shehu, announced President Buhari’s approval of the immediate removal of the Executive Secretary of the Financial Reporting Council of Nigeria (FRN), Jim Obazee, as well as the reconstitution of its board.
The President subsequently approved the appointment of Daniel Asapokhai as the new Executive Secretary and also appointed Adedotun Sulaiman as the new chairman of the council.