Tinubu Dissolves Presidential Committee on Sale of Federal Government Properties

President Bola Ahmed Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties, bringing an end to the committee established over two decades ago to oversee the privatisation and disposal of federal assets.

The announcement was made in a statement issued on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

According to the statement, all matters relating to the activities of the dissolved committee will henceforth be coordinated by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi.

The Presidential Implementation Committee was established in 2000 during the administration of former President Olusegun Obasanjo to supervise the privatisation, sale and lease of Federal Government landed properties under the government’s monetisation policy.

Its membership included the then Minister of Housing as chairperson, alongside representatives from the Ministries of Transportation, Justice, Health, Agriculture, the Nigeria Police Force, and members drawn from both the public and private sectors.

The statement recalled that on March 22, 2001, the Federal Executive Council approved the establishment of a Panel of Inquiry to produce a White Paper to guide the implementation of its recommendations. The panel reportedly worked for 21 months before submitting its report.

According to the Presidency, the Federal Government observed that the committee’s activities had expanded beyond its original mandate, leading to multiple litigations across the country. It added that the continued existence of the committee was no longer justified.

President Tinubu therefore directed that the Attorney General of the Federation coordinate all matters relating to the committee’s activities with effect from November 5, 2025.

The Presidency also directed the former Secretary of the committee, B. S. Dutsin-Ma, to immediately cease acting on behalf of the dissolved committee and the Federal Government on all related matters.

The directive takes immediate effect.