NYCN, CAC Meeting Ends in Deadlock as Suspension Stands

NYCN, CAC

A closed-door meeting between the Corporate Affairs Commission (CAC) and representatives of the National Youth Council of Nigeria (NYCN) on Thursday ended without a clear resolution, deepening the rift between the two bodies over the suspension of the council’s trustees.

The meeting, held at the CAC headquarters in Abuja, was convened to address the ongoing dispute surrounding the commission’s decision to delist the NYCN from its official registry.

Speaking after the meeting, the Director of Customer Service and Acting Registrar-General of the CAC, Julius Anga, described the discussions as “fruitful,” noting that both parties were given the opportunity to present and clarify their positions.

According to Anga, the CAC’s decision followed a series of internal investigations that uncovered governance irregularities within the council. He confirmed that the commission subsequently delisted the NYCN and suspended its trustees, appointing an interim management committee to oversee the council’s affairs.

“The suspension will remain in place for one year, after which the situation will be reviewed,” Anga stated, adding that the commission acted within its statutory powers to ensure compliance with corporate governance standards.

However, the National President of the NYCN, Amb. Sukubo Sara-Igbe Sukubo, strongly faulted the CAC’s decision, describing it as “unlawful and insensitive.”

Sukubo accused the commission of disregarding existing legal processes and failing to act in good faith. He emphasized that the issue is already before the Court of Appeal, and therefore, the CAC lacks the authority to enforce any action that contravenes a pending judicial decision.

“No agency or institution has the power to override a court ruling. The CAC’s actions undermine the rule of law and the integrity of the judiciary,” Sukubo said.

He further warned that the commission’s decision could destabilize youth leadership structures across the country, and hinder ongoing efforts to promote peace, unity, and credible representation among Nigerian youths.

According to Sukubo, the meeting ended in a stalemate, as the CAC declined to reconsider its position or acknowledge the NYCN’s legal appeal for dialogue.

The impasse leaves the future of the council uncertain, with both sides maintaining their respective stands pending the outcome of the case before the appellate court.

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