By Our Correspondent, Abuja

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

In a statement on Thursday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the President directed that all matters relating to the Committee’s activities will henceforth be coordinated by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, effective November 5, 2025.

The PIC was established in 2000 under former President Olusegun Obasanjo to oversee the privatisation, sale, and lease of Federal Government landed assets under the 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.

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

According to the Presidency, the government noted that the activities of the PIC had “extended beyond its original mandate, resulting in multiple litigations across the country,” and that the continued existence of the Committee was “no longer justified.”

The President also directed the erstwhile Secretary of the Committee, B.S. Dutsin-Ma, to cease acting on behalf of the PIC and the Federal Government on related matters with immediate effect.