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BREAKING: Pres. Tinubu Approves Dissolution of Boards of Federal Government Parastatals, Agencies, Institutions and Government-Owned Companies

BREAKING:  Pres. Tinubu Approves Dissolution of Boards of Federal Government Parastatals, Agencies, Institutions and Government-Owned Companies
June 19
21:20 2023

BREAKING:

PRESIDENT BOLA AHMED TINUBU APPROVES DISSOLUTION OF BOARDS OF FEDERAL GOVERNMENT PARASTATALS, AGENCIES, INSTITUTIONS AND GOVERNMENT-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.

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.

Willie Bassey
Director, Information
For: Secretary to the Government of the Federation

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Section 153 of the Constitution of the Federal Republic of Nigeria

(1) There shall be established for the Federation the following bodies, namely:

(a) Code of Conduct Bureau;

(b) Council of State;

(c) Federal Character Commission;

(d) Federal Civil Service Commission;

(e) Federal Judicial Service Commission;

(f) Independent National Electoral Commission;

(g) National Defense Council;

(h) National Economic Council;

(i) National Judicial Council;

(j) National Population Commission;

(k) National Security Council;

(l) Nigeria Police Council;

(m) Police Service Commission; and

(n) Revenue Mobilisation Allocation and Fiscal Commission.

(2) The composition and powers of each body established by subsection (1) of this section are as contained in Part 1 of the Third Schedule to this Constitution.

Section 153 of the Constitution of the Federal Republic of Nigeria

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