President Bola Ahmed Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties, bringing to an end the committee’s over two-decade role in managing the privatisation, sale and lease of Federal Government landed assets.
This was revealed in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.
The statement said all responsibilities previously handled by the committee will now be coordinated by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi.
“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.
According to the Presidency, the committee’s membership included the then Minister of Housing as chairperson, representatives of the Ministries of Transportation, Justice, Health and Agriculture, the Nigeria Police Force, as well as members drawn from the public and private sectors.
The statement also recalled the committee’s history, noting 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. The Panel worked for 21 months before submitting its report.”
Explaining the rationale behind the dissolution, the Presidency said a review showed the committee had exceeded the scope of its original assignment.
“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.”
President Tinubu subsequently ordered the committee’s dissolution and reassigned its functions.
“Accordingly, the President directed the dissolution of the PIC and that the Attorney General of the Federation coordinate its activities with effect from November 5, 2025.”
The statement added that the directive takes immediate effect.
“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.”
The Presidency said the decision is aimed at streamlining the management of issues relating to Federal Government properties and addressing the legal disputes arising from the committee’s operations.