President Bola Tinubu has approved the dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties.

A statement on Thursday by presidential spokesman, Bayo Onanuga, quoted Mr Tinubu as saying matters relating to the activities of the committee would be coordinated by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi.

“The PIC was established in 2000 during the administration of former President Olusegun Obasanjo to oversee the privatisation, sale, and lease of Federal Government landed assets under the government’s monetisation policy,” he said.

He said that its membership comprised the then minister of housing as chairperson, representatives of the ministries of transportation, Jmjustice, health and agriculture, as well as the Nigeria Police Force.

According to him, other members were drawn from both the public and private sectors.

“Accordingly, the President directed the dissolution of the PIC and that the Attorney General of the Federation coordinated its activities with effect from November 5, 2025,” Mr Onanuga said.

He further said that following Mr Tinubu’s directive, the PIC stands dissolved, while its Secretary, B.S. Dutsin-Ma, was directed to cease acting on behalf of the committee and the Federal Government on related matters.