Posted By: | January 05, 2021 |

‘Charitable Objects’: Legal and Regulatory Issues in Nigeria’s Not for Profit Sector

Nigeria’s Not-for-Profit (NFP) Sector is becoming increasingly visible for the uptick in their charitable causes. Through the years, charity has progressed from random individual/religious charitable acts of helping the poor to more organised philanthropy, including diverse corporate social responsibility (CSR) initiatives by companies, activities by family foundations and group endowments. “Giving back” is now a popular mantra amongst high net worth individuals (HNIs), whilst religious organisations are also upping their ante in institutionalising and using NFP vehicles to contribute their quota in furtherance of social causes.

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