President Bola Tinubu has approved the immediate dissolution of the Presidential Implementation Committee (PIC) on the Alienation of Federal Government Properties.
Tinubu in a statement by his media aide, Bayo Onanuga, Tinubu said, all matters relating to the activities of the Committee will henceforth be coordinated by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN).
He said dissolution comes it was revealed 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 was no longer justified.
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.
