By Precious Mark
President Bola Ahmed Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties, transferring the coordination of all its activities to the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi.
According to a statement signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga on Thursday, he revealed that the President decided to scrap the committee after noting that its activities had extended beyond its original mandate, leading to multiple litigations nationwide and rendering its continued existence unjustified.
“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,” the statement read.
The PIC was originally established in 2000 under the administration of former President Olusegun Obasanjo to oversee the privatisation, sale, and lease of Federal Government landed assets under the national monetisation policy.
Following the presidential directive, the committee stands formally dissolved, and its erstwhile Secretary, B.S. Dutsin-Ma, has been instructed to immediately cease acting on behalf of the committee or the Federal Government on related matters.