Tinubu dissolves committee on sale of federal properties, transfers oversight to AGF

President Bola Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties, with all matters relating to its activities to be handled by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi.

The development was announced in a statement issued on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

The Presidency said the committee, established in 2000 under former President Olusegun Obasanjo, was created to oversee the privatisation, sale and lease of Federal Government landed assets under the government’s monetisation policy.

According to the statement, “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.”

Explaining the decision, the Presidency said a review showed that the committee had outlived its usefulness.

“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 said.

The statement noted that the committee’s membership comprised 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 from the public and private sectors. Prof. P.T. Ahire, then a Deputy Director in the Office of the Secretary to the Government of the Federation, served as its pioneer secretary.

It also recalled that the Federal Executive Council approved the establishment of a Panel of Inquiry on March 22, 2001, to produce a White Paper to guide the implementation of recommendations relating to the committee’s work after the panel completed a 21-month assignment.

Announcing the new directive, the Presidency said, “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.”