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Compliance Officer at YouthhubAfrica

By9jabook

May 11, 2025
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Youth Foundation for Development, Education & Leadership also known as YouthhubAfrica is a non-profit organization founded in 2011. Youthhubafrica is a platform for young people in Africa involved in social change to interact, learn, and collaborate in new, creative, and easy ways. Youthhubafrica’s mission is to equip young people with skills and an enabling environment to take center stage for Africa’s development.

 JOB DESCRIPTION

Job Title: Compliance Officer             
Reports to: Executive Director
Location: Abuja                                  
Department: Accounts

Main Function  

The Compliance Officer will carefully review the organization’s balance sheets, income statements, and other financial documents. This role is responsible for meticulously screening for discrepancies and ensuring compliance with applicable federal and state regulatory requirements The goal is to find and prevent oversights, errors, and fraud that could impact the integrity of the organization’s finances as well as support the operations team with donor requirements and project implementation.

Role Responsibilities

Regulatory Compliance:

  • Develop and implement risk management strategies and compliance audit plans, procedures, documentation, databases, and tracking systems
  • Create and maintain a comprehensive compliance program, including policies and procedures, to address legal, ethical, and donor requirements.
  • Conduct internal audits, self-assessments, and thorough reviews of financial statements and records to ensure compliance with regulations and identify potential risks and irregularities.
  • Monitoring for potential compliance risks in areas like accounting practices and financial reporting.
  • Review financial statements and transactions for accuracy and compliance with accounting standards.
  • Ensure the Organization adheres to federal and state laws and regulations and submits accurate and timely regulatory filings and reports
  • Ensure compliance with anti-money laundering  regulations
  • Collaborate with legal and regulatory teams; liaise with external regulatory bodies and auditors
  • Oversee the preparation of accurate and timely financial reports, including monthly, quarterly, and annual statements.
  • Ensure compliance with accounting standards, tax regulations, and corporate governance requirements.

Internal Controls:

  • Implementing and maintaining robust internal controls to mitigate financial risks and ensure data integrity.
  • Implementing and monitoring internal controls to ensure compliance with financial regulations, donor guidelines, and project implementation procedures.
  • Assessing the effectiveness of existing controls and recommending improvements where necessary.
  • Conducting regular control testing and reporting on control deficiencies.

Audit Oversight:

  • Collaborate with the finance manager and external auditors during financial audits, providing necessary documentation, and addressing audit findings.
  • Preparing detailed reports of findings and recommending corrective actions

Reporting and Analysis:

  • Analyzing financial data to identify trends and potential compliance issues.
  • Generating compliance reports for senior management and the board of directors.
  • Tracking and reporting on key compliance metrics.
  • Monitor ongoing compliance; follow up on previous findings to make sure they’ve been addressed
  • Evaluate the effectiveness of internal controls. Recommend improvements, as needed
  • Raise awareness about emerging compliance risks and best practices.

Investigations and Remediation:

  • Investigate complaints and potential violations of financial regulations
  • Implement and oversee whistleblower policies and procedures
  • Conduct special investigations into potential financial misconduct or regulatory breaches
  • Implement corrective actions to address identified issues and prevent future occurrences.
  • Stay current with financial regulations and other regulatory laws and policies
  • Engage in professional development opportunities
  • Provide guidance and support to junior officers and other staff
  • Assist in the preparation for regulatory examinations and audits

ELIGIBILITY

  • Bachelor’s degree in Accounting,Project Management, Economics, or a related field.
  • Professional certifications such as ACCA, ACA are an added advantage
  • Minimum of 4 years of financial management experience.
  • Previous experience in a compliance or auditing role is an added advantage

WORTH

  • Competitive Salary
  • Health Insurance
  • Pensions Contribution
  • Group Life Insurance
  • Free lunch
  • Personal Development Opportunity
  • NSITF Compliance

NOTE: YHA is an equal opportunity and inclusive employer. As a result, we do not discriminate based on age, gender, or disabilities

Method of Apply 

Interested and qualified candidates should forward their CVs and cover letters to apply@youthhubafrica.org on or before the 13th of February 2025 using COMPLIANCE OFFICER as the subject of the mail.

Application Deadline: February 13, 2025

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From Tramadol to Canadian to Exol-5 The New Drug Destroying Nigerian Youths An Investigative Article .From Tramadol to Canadian to Exol-5: The New Drug Destroying Nigerian Youths An Investigative Report on the Shifting Landscape of Substance Abuse in Nigeria Nigeria faces a severe and evolving drug crisis, particularly among its youth. What began with the widespread abuse of Tramadol has progressed through mixtures like “Canadian” to newer pharmaceutical diversions such as Exol-5. This shift reflects deeper issues: easy access to prescription drugs, weak regulation, socioeconomic pressures, and aggressive street-level marketing. NDLEA operations and health studies reveal a public health emergency that threatens an entire generation. Phase 1: The Tramadol Epidemic (2010s–Early 2020s) Tramadol, a synthetic opioid prescribed for moderate to severe pain, became Nigeria’s most notorious street drug. Cheap, potent, and widely smuggled (often from India and other Asian countries), it offered users energy, euphoria, and pain relief — appealing to commercial drivers, laborers, students, and young men seeking confidence or stamina. Scale of the Problem: Millions of tablets seized annually by NDLEA. High prevalence among young males aged 15–35. Linked to increased crime, sexual violence, organ damage (kidney failure, seizures), and mental health breakdowns. Contributed to broader opioid misuse alongside codeine cough syrups. Government responses included tighter import controls and public awareness campaigns, but these only displaced demand to other substances rather than eliminating it. Phase 2: The Rise of “Canadian” (Mid-2020s) “Canadian” or “Canadian Loud” emerged as a popular code for high-grade cannabis (often indica-dominant strains) or cannabis mixed with other synthetics. It gained traction as users sought alternatives or combinations to Tramadol’s effects. This phase marked a move toward imported or locally cultivated premium weed, sometimes laced with stronger chemicals. Youths in urban centers like Lagos, Kano, Jos, and Onitsha embraced it for its perceived “cleaner” high compared to opioids. However, it fueled polydrug use — combining cannabis with opioids, sedatives, or alcohol — amplifying health risks. Phase 3: Exol-5 – The Current Threat (2024–2026) Exol-5 (Benzhexol Hydrochloride / Trihexyphenidyl 5mg), originally a prescription medication for Parkinson’s disease and drug-induced movement disorders, has become the latest pharmaceutical being heavily abused. Why Exol-5? Euphoric Effects: Users report intense euphoria, hallucinations, and a sense of detachment — making it attractive as a cheap “upper” or escape. Accessibility: Sold over-the-counter or on the black market despite being a controlled prescription drug. NDLEA has seized millions of pills in single operations (e.g., 3.1 million pills in Kano in late 2024, and over 5.6 million combined with Tramadol in other busts). Street Names: Exol, Artane, Benzhexol, “Farin Mallam” (in Northern Nigeria). Demographics: Prevalent among youths, laborers, and even psychiatric patients who divert prescriptions. Studies show abuse rates as high as 25% among certain outpatient groups. Health Consequences: Anticholinergic toxicity: Confusion, dry mouth, blurred vision, urinary retention, constipation, and in high doses — delirium, psychosis, seizures, and heart issues. Long-term: Cognitive impairment, addiction, exacerbated mental health disorders. Often mixed with Tramadol, codeine, or cannabis, creating dangerous synergies. In cities like Jos, Exol-5 sits alongside diazepam, Rohypnol, and Tramadol on street markets, easily available to teenagers and young adults. Why This Evolution Continues Supply-Side Failures: Porous borders, corrupt officials, and overproduction of pharmaceuticals enable diversion. Demand Drivers: Unemployment, poverty, peer pressure, trauma, and the pursuit of performance enhancement (e.g., for “hustle” culture). Weak Regulation: Many pharmacies sell restricted drugs without prescriptions. Online and street vendors fill gaps. Displacement Effect: Cracking down on one substance (Tramadol/codeine) pushes users and dealers toward the next available option. NDLEA reports ongoing large seizures, but the problem persists due to high profitability and low risk for mid-level distributors. Broader Impacts on Nigerian Youths Education: Increased dropout rates and poor academic performance. Mental Health: Rising cases of psychosis and depression. Economy: Lost productivity among the working-age population. Crime and Violence: Drug-fueled robberies, cultism, and family breakdowns. Public Health System Strain: Overburdened hospitals treating overdoses and chronic complications. Young people aged 15–39 remain the hardest hit, with national surveys showing drug use prevalence significantly above global averages. What Must Be Done Stronger Enforcement: Consistent prosecution of corrupt enablers and large-scale traffickers. Regulation: Crackdown on rogue pharmacies and better tracking of prescription drugs. Prevention & Rehabilitation: School programs, community outreach, and expanded treatment centers (currently woefully inadequate). Economic Alternatives: Address root causes like youth unemployment. Public Awareness: Honest campaigns highlighting real dangers of “Exol-5” and similar drugs. Conclusion From Tramadol’s opioid grip to “Canadian” cannabis culture and now Exol-5’s anticholinergic highs, Nigeria’s drug crisis is mutating faster than responses can contain it. Exol-5 represents the dangerous new frontier — a legitimate medicine turned youth destroyer due to misuse and greed. Without urgent, multi-layered intervention — combining supply disruption, demand reduction, and socioeconomic support — an entire generation risks being lost to addiction. The time for half-measures is over. Nigeria’s future depends on winning this fight.

May 25, 2026 abi