Tinubu dissolves boards of FG parastatals, government owned companies

President Bola Tinubu on Monday dissolved boards of all federal government parastatals, agencies and government-owned companies

This was contained in a statement issued by Willie Bassey, the Director of Information in the office of the Secretary to the Government of the Federation.

The statement said the dissolution was “immediate” and 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.

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“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.”

Agencies exempted from the president’s dissolution are Code of conduct Bureau, Council of State, Federal Character Commission, Federal Judicial Service Commission, Independent National Electoral Commission, National Defense Council, National Economic Council.

Others are National Judicial Commission, National Population Commission, National Security Council, National Police Council, Police Service Commission and Revenue Mobilization Allocation and Fiscal Commission.

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