NTC applauds CAC for suspending NYCN board, establishment of interim c’ttee

By Johnbosco Agbakwuru

ABUJA — THE National Transition Committee, NTC, of the National Youth Council of Nigeria, NYCN, has commended the Corporate Affairs Commission, CAC, for its decisive enactment successful suspending the NYCN Board of Trustees and appointing an Interim Management Committee (IMC).

The NTC said the determination has been warmly received by NYCN members, who were said to person agelong endured crises and governance challenges stemming from the council’s problematic constitution.

NTC successful a connection connected Thursday issued by its Chairman, Gbenga Adedamola and Secretary, Yahaya Baba, highlighted that the “NYCN has faced persistent issues, including manipulation, malpractice, misrepresentation, and misinformation by definite Board of Trustees members.

“These problems person fueled prolonged litigation, interior conflicts, and enactment factions crossed each levels of the organization.”

They further stated that the suspension of the committee and the instauration of the IMC are seen arsenic captious steps toward resolving these longstanding issues and restoring stableness and credibility to the NYCN.

The NTC expressed heavy appreciation for the CAC’s “timely intervention,” which it said is expected to pave the mode for meaningful reforms and effectual governance wrong the council.

The CAC’s determination followed its withdrawal of the NYCN’s registration certificate, citing ongoing enactment disputes and governance violations spanning implicit 18 years.

In a missive to the Federal Ministry of Youth Development, the CAC invoked Sections 8(1)(c) and 8(1)(d) of the Companies and Allied Matters Act (CAMA) 2020 aft a thorough probe into the council’s affairs.

Effective October 6, 2025, the IMC was established to negociate the NYCN’s operations for 1 year.

The Federal Ministry of Youth Development has endorsed the CAC’s actions, emphasizing that the involution aims to reconstruct unity, legitimacy, and organization integrity to the NYCN.

The Ministry called connected stakeholders, younker organizations, and partners to enactment the IMC during this restructuring period.

NTC said the improvement aligned with President Bola Tinubu’s Renewed Hope Agenda, promoting a stable, credible, and inclusive younker governance framework.

The IMC is tasked with addressing the council’s challenges and ensuring compliance with statutory governance standards, positioning the NYCN to efficaciously service the interests of Nigerian youths.

The station NTC applauds CAC for suspending NYCN board, constitution of interim c’ttee appeared archetypal connected Vanguard News.