‘Existence No Longer Justified’ — Tinubu Dissolves Committee on Privatisation of FG Properties

President Bola Tinubu has approved the immediate dissolution of the presidential implementation committee (PIC) on the alienation of federal government landed properties.

A statement by Bayo Onanuga, special adviser to the president on information and strategy, on Thursday, said activities relating to the panel should henceforth be handed by Lateef Fagbemi, attorney-general of the federation.

According to Onanuga, the 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.

Onanuga said membership of PIC included the then minister of housing, who was the chairperson, and representatives from the ministries of transportation, justice, health, agriculture, and the Nigeria Police Force.

P.T Ahire, a professor, who was then a deputy director in the office of the secretary to the government of the federation, served as the pioneer secretary.

Onanuga said the federal government has observed that the activities of the committee had “extended beyond its original mandate”, which has resulted in multiple litigations across the country.

“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 reads.

“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.

“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.”