Leadership crisis: CAC withdraws registration certificate of NYCN

News Express |8th Oct 2025 | 147
Leadership crisis: CAC withdraws registration certificate of NYCN

NYCN logo




The Corporate Affairs Commission (CAC) has withdrawn the registration certificate earlier issued to the National Youth Council of Nigeria (NYCN) on October 28, 2020, over a prolonged leadership crisis spanning eighteen years.

Mrs. Omolara Esan, Director of Information and Public Relations at the Federal Ministry of Youth Development, announced this in a statement on Tuesday in Abuja.

Esan, in the statement, informed the general public, particularly all youth stakeholders, member organizations, and affiliates of the NYCN, that the Ministry of Youth Development had received an official communication from the CAC dated October 6, 2025, notifying it of the withdrawal of the registration certificate earlier issued to the National Youth Council of Nigeria on October 28, 2020.

“According to the CAC’s correspondence, this action was taken pursuant to the powers conferred on the Commission under Sections 8(1)(c) and 8(1)(d) of the Companies and Allied Matters Act (CAMA), 2020, following a comprehensive investigation into the affairs of the Council, which has faced a prolonged leadership crisis spanning over eighteen (18) years,” the statement added.

Upon a detailed review of the Council’s records and governance practices, the Corporate Affairs Commission found serial violations of both the NYCN Constitution and the provisions of CAMA 2020, particularly Sections 833 and 834. The Commission has consequently de-recognized all existing claims to leadership, trusteeship, and management within the organization.

In line with its statutory powers, the Corporate Affairs Commission has constituted an Interim Management Committee (IMC) to oversee and manage the affairs of the Council for a period of one year, effective October 6, 2025.

Part of the statement read: “As the supervisory authority over the National Youth Council of Nigeria, the Federal Ministry of Youth Development, being a law-abiding institution, takes due cognizance of this development and acknowledges the legal authority of the Corporate Affairs Commission under the Companies and Allied Matters Act, 2020.

“The Ministry therefore urges all stakeholders, youth organizations, and partners of the Council to take due note of this development and to cooperate fully with the Interim Management Committee in the ongoing restructuring process. This exercise is aimed at restoring unity, legitimacy, and institutional integrity to the NYCN, in line with its founding ideals.

“The Federal Ministry of Youth Development remains firmly committed to ensuring a stable, credible, and inclusive youth governance framework that upholds accountability, transparency, and aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu,” it stated. (Nigerian Tribune)




Comments

Post Comment

Wednesday, October 8, 2025 7:13 AM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025