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 body established more than two decades ago to oversee the privatisation, sale and lease of federal government landed assets.
The announcement was made on Thursday in a statement posted on the official X account of the President’s Special Adviser on Information and Strategy, Bayo Onanuga.
According to the statement, “President Bola Ahmed Tinubu (GCFR) has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties.”
It added that, “Henceforth, all matters relating to the activities of the Committee will be coordinated by the Honourable Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (HAGF).”
The Presidential Implementation Committee 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 from 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, while other members were 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 worked for 21 months before submitting its report,” the statement said.
Explaining the rationale for the dissolution, the Presidency stated that the committee had outlived its original purpose.
“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 read.
It further disclosed that President Tinubu had directed that “the Attorney General of the Federation coordinate its activities with effect from November 5, 2025.”
The statement added: “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.”
Boluwatife Enome
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