President Bola Tinubu has approved the immediate dissolution of the Presidential Implementation Committee on the Alienation of Federal Government Properties, ending the operations of a committee established 25 years ago under former President Olusegun Obasanjo.
According to a statement issued on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, all responsibilities previously handled by the committee have been transferred to the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi.
The Presidency said the dissolution took effect from November 5, 2025. The committee’s former Secretary, B. S. Dutsin-Ma, has also been directed to immediately stop acting on behalf of the committee and the Federal Government on all matters relating to its operations.
The decision followed a government review which concluded that the committee had gone beyond its original mandate, leading to numerous legal disputes across the country.
“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 Presidential Implementation Committee was created in 2000 during the Obasanjo administration to supervise the privatisation, sale and lease of Federal Government landed assets as part of the Federal Government’s monetisation policy.
The policy aimed to convert government-owned houses, vehicles and other public assets into cash while ending the provision of non-cash benefits to public servants.
The committee included representatives from several ministries, including Housing, Transportation, Justice, Health and Agriculture, as well as the Nigeria Police Force. Professor P. T. Ahire served as its pioneer secretary.
In 2001, the Federal Executive Council approved a panel of inquiry to produce a White Paper to guide the implementation of the committee’s recommendations. The panel completed its work after 21 months.
Although the monetisation policy became one of the Obasanjo administration’s most significant reforms, its implementation generated long-running controversies over property valuations, allegations of irregular sales and multiple court cases.
