CAC withdraws NYCN certificate over prolonged leadership crisis

The Corporate Affairs Commission (CAC) has withdrawn the registration certificate of the National Youth Council of Nigeria (NYCN) following a protracted leadership crisis that has plagued the organisation for nearly two decades.

The decision was announced in a statement issued by the Director of Information and Public Relations at the Federal Ministry of Youth Development, Mrs. Omolara Esan, on Monday.

According to the statement, the CAC’s action was taken under Sections 8(1)(c) and 8(1)(d) of the Companies and Allied Matters Act (CAMA) 2020, after a comprehensive investigation into the Council’s activities.

Esan said the Commission’s review revealed “serial violations” of both the NYCN Constitution and provisions of CAMA, particularly Sections 833 and 834, leading to the deregistration of all existing claims to leadership, trusteeship, and management within the Council.

“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 one year, effective October 6, 2025,” the statement added.

The Ministry of Youth Development, as the supervisory authority of the Council, acknowledged the CAC’s legal authority and pledged its full cooperation with the Interim Management Committee to restore unity, legitimacy, and institutional integrity to the NYCN.

Esan called on all stakeholders, youth organisations, and partners to support the restructuring process aimed at repositioning the Council in accordance with its founding ideals.