President Bola Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties, ending the operations of a committee established more than two decades ago to oversee the sale, lease and privatisation of federal assets.
The directive was contained in a State House statement issued on Thursday by the Special Adviser to the President 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 (SAN).
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The Presidential Implementation Committee was established in 2000 under the administration of former President Olusegun Obasanjo to oversee the privatisation, sale and lease of Federal Government landed assets as part of the government’s monetisation policy.
Its membership comprised the then Minister of Housing as chairman, alongside representatives of the Ministries of Transportation, Justice, Health and Agriculture, as well as the Nigeria Police Force. Professor P. T. Ahire served as the pioneer secretary.
The Presidency 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 the committee’s recommendations. The panel worked for 21 months before submitting its report.
According to the statement, the Federal Government concluded that the committee had exceeded its original mandate over the years, leading to multiple litigations across the country.
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“After careful consideration, the Government has noted that the activities of the PIC had extended beyond its original mandate, resulting in multiple litigations across the country, and the continued existence of the Committee is no longer justified,” the statement said.
President Tinubu also directed that the committee’s former secretary, B. S. Dutsin-Ma, should immediately cease acting on behalf of the dissolved committee or the Federal Government on matters relating to its activities.
The Presidency noted that, following the President’s directive, all issues previously handled by the committee will now be managed by the Office of the Attorney General of the Federation.
