In a decisive move to resolve an 18-year leadership crisis, the Corporate Affairs Commission (CAC) has withdrawn the registration certificate of the National Youth Council of Nigeria (NYCN).
The Federal Ministry of Youth Development announced the development in a public notice on Friday, confirming it had received official communication from the CAC dated October 6, 2025.
According to the Ministry, the CAC acted under the powers granted by Sections 8(1)(c) and 8(1)(d) of the Companies and Allied Matters Act (CAMA), 2020. The decision follows a comprehensive investigation into the council's affairs, which revealed serial violations of both the NYCN Constitution and the CAMA 2020.
As a consequence of the deregistration, the CAC has derecognized all existing claims to leadership, trusteeship, and management within the factionalized youth body.
To manage the transition, the CAC has constituted an Interim Management Committee (IMC) to oversee the council's affairs for one year, effective October 6, 2025.
The Federal Ministry of Youth Development, stating it is a law-abiding institution, has acknowledged the CAC's authority and urged all stakeholders, member organizations, and partners to cooperate fully with the newly established IMC.
The Ministry stated that this intervention is aimed at "restoring unity, legitimacy, and institutional integrity to the NYCN, in line with its founding ideals."
It further reaffirmed its commitment to ensuring a stable and credible youth governance framework that aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu.
No comments:
Post a Comment