Procedures for the Removal of Managing Directors in Nigeria: Any Need for Duality of Approach under the Companies and Allied Matters Act?

This paper discusses the distinction between the mode of removing directors who are appointed for a term of office and directors who rose through the ranks from a junior staff. The paper argues that there is no reason for the maintenance of the distinction that allows the former to enjoy greater protection of the law than the latter, and canvasses that the distinction should be obliterated from our company law and practice, as it is not contained in the Companies and Allied Matters Acts.