President Bola Ahmed Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties, ending the operations of a body that has overseen the privatisation, sale and lease of federal assets for more than two decades.
The decision was announced in a statement issued on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.
According to the statement, President Tinubu directed that all matters relating to the committee’s activities will henceforth be handled by the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi.
The PIC was established in 2000 under the administration of former President Olusegun Obasanjo to supervise the disposal of Federal Government landed assets under the monetisation policy.
The committee was chaired by the then Minister of Housing and comprised representatives of the Ministries of Transportation, Justice, Health and Agriculture, as well as the Nigeria Police Force. Professor P.T. Ahire served as its pioneer secretary, while members were drawn from both the public and private sectors.
The statement recalled that the Federal Executive Council approved the establishment of a Panel of Inquiry on March 22, 2001, to produce a White Paper guiding the implementation of the committee’s recommendations. The panel worked for 21 months before submitting its report.
Explaining the decision, Onanuga said the Federal Government concluded that the committee had outlived its usefulness, as its activities had extended beyond its original mandate and 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,” he said.
President Tinubu also directed that, with effect from November 5, 2025, all outstanding matters previously handled by the committee be coordinated by the Attorney-General of the Federation.
In addition, the former Secretary of the committee, B. S. Dutsin-Ma, was directed to immediately cease acting on behalf of the dissolved committee and the Federal Government on related matters.
The Presidency said the move is aimed at streamlining the management of issues relating to the alienation of Federal Government properties under the supervision of the Office of the Attorney-General of the Federation.
