News
Federal Ministry Of Youth Development Withdraws Registration Certificate Of NYCN
The Federal Ministry of Youth Development has withdrawn the registration certicate of National Youth Council of Nigeria, NYCN, following an official communication from the corporate affairs commission (CAC).
The ministry added that the registration certificate earlier issued to NYCN on October 28, 2020 has been withdrawn.
A statement by the Ministry’s Director, Information and Public Relations, Omolara Esan noted that 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.
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Consequently, the commission has de-recognized all existing claims to leadership, trusteeship, and management within the organization.
The 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.
And 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 (1) year, effective October 6, 2025.
The ministry however, urged all stakeholders to cooperate fully with the IMC in the ongoing restructuring process which aims to restore unity, legitimacy, and institutional integrity to the NYCN.
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