President Bola Ahmed Tinubu, has approved the dissolution of the Governing Boards of all Federal Government Parastatals, Agencies, Institutions, and Government-Owned Companies with immediate effect.
Tinubu made this known in a statement signed by Willie Bassey, Director of Information on behalf of the secretary to the government of the federal
The statement however the noted that the dissolution does not ffect 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.
The statement reads in part:Â “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.”
Furthermore, the statement directed all Permanent Secretaries 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.