Abuja: National Youth Council's Transition Committee Reacts as CAC Deregisters Organisation

• The national transition committee (NTC) of the National Youth Council of Nigeria (NYCN) has hailed the Corporate Affairs Commission (CAC) for suspending the board of trustees of the NYCN and constituting an interim management committee
• Legit.ng reports that the CAC had withdrawn the certificate of registration for the NYCN, effective Monday, October 6,2025, in a major move to resolve the body’s prolonged leadership crisis
• In a statement, the NYCN's NTC lamented that the council had been bedeviled by 'continuous manipulation, malpractice, misrepresentation, and misinformation by some of board of trustees members'

Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering public affairs and governance in Nigeria.

FCT, Abuja - The national transition committee (NTC) of the National Youth Council of Nigeria (NYCN) has lauded the Corporate Affairs Commission (CAC) for suspending the board of trustees (BoTs) of the body.

According to a statement jointly signed by Gbenga Adedamola and Yahaya Baba, chairman and secretary of the NTC respectively, and sent to Legit.ng, the NYCN's NTC applauded the CAC for setting up an interim management committee (IMC).

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NYCN's future hangs in balance

It would be recalled that the CAC recently withdrew the registration certificate of the NYCN, citing prolonged leadership crises and alleged multiple governance violations. In a letter to the ministry of youth development, the CAC invoked sections 8 (1) (c) and 8 (1) (d) of the companies and allied matters act (CAMA) 2020. It said it adopted the stance following "a comprehensive investigation" into the council’s affairs. The council had been embroiled in disputes for over 18 years.

The commission’s decision led to the establishment of an IMC to oversee the NYCN’s affairs for a year, effective Monday, October 6, 2025.

NYCN's NTC pleased with CAC

Reacting, the NTC expressed gratitude to the CAC for what it called a "timely intervention", stating that the intercession would bring much-needed stability to the NYCN.

The statement by the NYCN's NTC partly reads:

"The CAC's intervention is a step in the right direction towards restoring sanity and good governance to the NYCN."

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It added:

"This development is seen as a necessary corrective measure to promote a stable, credible, and inclusive youth governance framework, aligning with President Bola Ahmed Tinubu's 'Renewed Hope' agenda."

Furthermore, Legit.ng gathered that the ministry of youth development has acknowledged the CAC's decision. The ministry was said to have urged stakeholders, youth organisations, and partners to cooperate with the IMC during the restructuring process.

Youths protest CAC's deregistration of NYCN

Meanwhile, on Thursday, October 9, dozens of NYCN members staged a protest at the CAC headquarters in Abuja over the commission’s decision to withdraw the council’s registration.

Addressing newsmen, Abubakar Suleiman, NYCN secretary-general, accused the CAC registrar-general Hussaini Ishaq Magaji (SAN) of acting “unlawfully and working against President Bola Tinubu’s 'Renewed Hope' agenda.

Per The Nation, Suleiman said the deregistration violated a subsisting court process, as the NYCN had a pending appeal challenging CAC’s powers to delist the organisation.

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Suleiman vowed that the protest would continue for 30 days and would be replicated across CAC offices nationwide until their demands are met.

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Youth council presents demands to Tinubu

Earlier, Legit.ng reported that the NYCN presented President Tinubu with eight key demands to address the economic difficulties affecting Nigerians.

The group, while lauding President Tinubu's efforts to improve the national economy, pointed out that those reforms have also led to increased living costs and hardships.

Proofreading by James Ojo, copy editor at Legit.ng.

Source: Legit.ng