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Home » Tinubu Dissolves Committee On Privatisation Of FG Properties
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Tinubu Dissolves Committee On Privatisation Of FG Properties

adminBy adminJuly 30, 2026No Comments2 Mins Read
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President Bola Ahmed Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties.

The President also directed that all matters relating to the activities of the committee be coordinated by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (HAGF).

The PIC was established in 2000 during the administration of former President Olusegun Obasanjo to oversee the privatisation, sale and lease of Federal Government landed assets under the government’s monetisation policy.

Its membership comprised the then Minister of Housing as chairperson, alongside representatives of the Ministries of Transportation, Justice, Health and Agriculture, as well as the Nigeria Police Force.

Professor P.T. Ahire, then a Deputy Director in the Office of the Secretary to the Government of the Federation, served as the pioneer Secretary. Other members were drawn from both the public and private sectors.

Bayo Onanuga, Special Adviser to the President on Information and Strategy, said in a statement that on March 22, 2001, the Federal Executive Council (FEC) approved the establishment of a Panel of Inquiry to produce a White Paper to guide the implementation of its recommendations.

He said the panel worked for 21 months before submitting its report.

However, Onanuga said the present administration, after careful consideration, found that the activities of the PIC had extended beyond its original mandate, resulting in multiple litigations across the country.

He added that “the continued existence of the Committee is no longer justified.”

According to him, President Tinubu therefore directed the dissolution of the PIC and ordered that the Attorney General of the Federation coordinate all matters relating to its activities with effect from November 5, 2025.

“Following the President’s directive, the PIC stands dissolved, and the erstwhile Secretary, B. S. Dutsin-Ma, is hereby further directed to cease acting on behalf of the committee and the Federal Government on related matters.”

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