Age Limit for Company Directors Under the CAMA 2020 Explained

Age Limit for Company Directors Under the CAMA 2020 Explained

October 25, 2025

Appointing directors is one of the most important steps in running a company in Nigeria. Beyond choosing capable individuals, companies must ensure that directors meet certain legal criteria – one of which is age.

The Companies and Allied Matters Act (CAMA) 2020, Nigeria’s principal corporate law, clearly defines who can or cannot serve as a director based on age and legal capacity. This article breaks down what the law says, the rationale behind it, and what companies should keep in mind when appointing directors.

Who Is a Director Under Nigerian Law?

Under Section 269 of CAMA 2020, a director is “a person duly appointed by the company to direct and manage the business of the company.” Directors make strategic decisions, oversee operations, and are responsible for ensuring compliance with corporate and legal obligations. Because of these significant duties, only individuals with full legal capacity can serve as directors.

Minimum Age Requirement for Directors

According to Section 283(1) of CAMA 2020, a person under the age of 18 cannot be appointed as a director of a company.

Maximum Age Limit for Directors

CAMA 2020 does not specify a maximum age limit for directors of private companies. However, for public companies, Section 282(2) provides that:

“A person who is 70 years or older may be appointed or reappointed as a director only after a special notice and disclosure to the members of the company.”

This promotes transparency and allows shareholders to make informed decisions about leadership continuity.

Key Takeaways

  • Minimum age for directors: 18 years.
  • Persons under 18 may be appointed only if two adults also serve as directors.
  • No upper age limit for private companies.
  • For public companies, directors aged 70 and above require special notice and shareholder approval.

If you’re forming a company or reviewing your board structure, make sure your directors meet the age and eligibility requirements under Nigerian law.

 

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached

More Articles

Search

Connect With Us

Got any questions?

If you are having any questions, please feel free to ask.

Send us an email

Frequently Asked

  • What additional documents do I require to file my Annual Returns?
  • What’s the difference between a business name and an LLC?
    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 

  • What is an execution clause in a contract?

    This is the section in which the parties sign the contract or agreement.

  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water

  • What is data protection?

    Data protection is a legal process of protecting sensitive data.

  • What is eligible for Patent registration?

    Patents are granted for the invention of products or processes. However, for it to be patentable, the invention

    • Must be new,
    • Must have an inventive step that is not obvious to someone with knowledge and experience in the subject,
    • Must be capable of being made or used in some kind of industry and not be, a scientific or mathematical discovery, theory or method, a literary, dramatic, musical or artistic work, a way of performing a mental act, playing a game or doing business, the presentation of information, or some computer programs, an animal or plant variety, a method of medical treatment or diagnosis,
    • And must not be against public policy or morality.
  • Is there a penalty for late renewal of registration of products with NAFDAC?

    Yes, there is a late renewal fee, which is dependent on the category of the product.

  • How many directors do I need to start a company?

    A minimum number of one (1) adult director is required to form a company.

  • What do I need for a trademark search in Nigeria?

    To do a trademark search you will need the name or/and logo (device) of the trademark to be searched and the Class of the trademark that accurately describes it.

Call Us Now on +234 901 719 0079 Chat on WhatsApp