Federal Ministry Of Youth Development Withdraws Registration Certificate Of National Youth Council Of Nigeria (NYCN)
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Federal Ministry Of Youth Development Withdraws Registration Certificate Of National Youth Council Of Nigeria (NYCN)
The Federal Ministry of Youth Development has officially withdrawn the registration certificate of the National Youth Council of Nigeria (NYCN) following a formal notification from the Corporate Affairs Commission (CAC).
According to the Ministry, the registration certificate earlier issued to the NYCN on October 28, 2020, has now been revoked.
In a statement signed by the Ministry’s Director of Information and Public Relations, Omolara Esan, it was revealed that the CAC, after a comprehensive review of the Council’s records and governance structure, uncovered several violations of both the NYCN constitution and the provisions of the Companies and Allied Matters Act (CAMA) 2020, particularly Sections 833 and 834.
As a result, the Commission has de-recognized all existing claims to leadership, trusteeship, and management within the organization. The action, taken under Sections 8(1)(c) and 8(1)(d) of CAMA 2020, follows an extensive investigation into the affairs of the Council, which has been plagued by a leadership crisis lasting over eighteen (18) years.
To restore order, the CAC has constituted an Interim Management Committee (IMC) to oversee and manage the affairs of the NYCN for a period of one (1) year, effective October 6, 2025.
The Ministry urged all stakeholders to give their full cooperation to the IMC as it undertakes the restructuring process aimed at restoring unity, legitimacy, and institutional integrity to the National Youth Council of Nigeria.