President Bola Ahmed Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties, bringing to an end a body that has overseen the privatisation, sale and lease of federal assets for more than two decades.
The development was announced in a State House statement issued on Thursday, July 30, 2026, by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.
According to the statement, President Tinubu has 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.
Onanuga explained that the committee 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 included representatives of the Ministries of Transportation, Justice, Health and Agriculture, as well as 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 its pioneer secretary, while other members were drawn from both the public and private sectors.
The statement recalled that the Federal Executive Council, on March 22, 2001, approved the establishment of a Panel of Inquiry to produce a White Paper to guide the implementation of the committee’s recommendations. The panel worked for 21 months before submitting its report.
Explaining the rationale for the decision, Onanuga said the Federal Government concluded that the committee had outlived its usefulness after its operations extended beyond its original mandate.
“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,” Onanuga stated.
He disclosed that President Tinubu had consequently directed the dissolution of the committee, with the Attorney-General taking over coordination of all outstanding matters 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,” Onanuga added.
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.
