President Bola Ahmed Tinubu has ordered the immediate dissolution of the Presidential Implementation Committee, PIC, on the Alienation of Federal Government Properties.

In a statement issued on Thursday by Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu directed that all matters previously handled by the committee now be coordinated by the Honourable Attorney General of the Federation and Minister of Justice, Lateef Fagbemi.

The PIC was established in 2000 under 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 included the then Minister of Housing as Chairperson, with representatives from the Ministries of Transportation, Justice, Health, Agriculture, and 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 pioneer Secretary. Other members were drawn from both the public and private sectors.

On March 22, 2001, the Federal Executive Council approved a Panel of Inquiry to produce a White Paper guiding implementation of the committee’s recommendations. The panel worked for 21 months before submitting its report.

The government noted that the PIC’s activities had extended beyond its original mandate, leading to multiple litigations across the country. As a result, its continued existence is no longer justified.

President Tinubu therefore directed the dissolution of the PIC, with the Attorney General of the Federation taking over coordination of its activities effective November 5, 2025.

“Following the directive, the committee stands dissolved. The erstwhile Secretary, B. S. Dutsin-Ma, has been ordered to cease acting on behalf of the committee and the Federal Government on related matters,” the statement said.

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