President Tinubu Dissolves Boards, Parastatals, Agencies, Institutions, Govt-Owned Companies

President Bola Ahmed Tinubu, GCFR, has approved the immediate dissolution of the Governing Boards of all Federal Government Parastatals, Agencies, Institutions, and Government-Owned Companies in the exercise of its Constitutional Powers and in the Public interest.

This is contained in a statement signed by Willie Bassey, Director, Information
For: Secretary to the Government of the Federation and made available to newsmen on Monday in Abuja.

The dissolution does not, however, affect Boards, Commissions and Councils listed in the Third Schedule, Part 1, Section 153 (i) of the 1999 Constitution of the Federal Republic of Nigeria as amended.

In view of this development and until such a time new boards are constituted, the Chief Executive Officers of the Parastatals, Agencies, Institutions, and Government-Owned Companies are directed to refer matters requiring the attention of their Boards to the President, through the Permanent Secretaries of their respective supervisory Ministries and Offices.

Permanent Secretaries are directed, also, to route such correspondences to Mr President through the Office of the Secretary to the Government of the Federation.

Consequently, all Ministries, Departments and Agencies are to ensure compliance to the provision of this directive which took effect from Friday 16th June, 2023.

Permanent Secretaries are particularly directed to inform the Chief Executive Officers of the affected Agencies under the supervision of their respective Ministries/Offices for immediate compliance.

However, the following Agencies are exempted from this dissolution:
1. Code of conduct Bureau
2. Council of State
3. Federal Character Commission
4. Federal Judicial Service Commission
5. Independent National Electoral Commission
6. National Defense Council
7. National Economic Council
8. National Judicial Commission
9. National Population Commission
10. National Security Council
11. National Police Council
12. Police Service Commission
13. Revenue Mobilization Allocation and Fiscal Commission.
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