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Breaking: President Tinubu dissolves Boards of Parastatals, Agencies, Institutions

Monday, 19 June 2023, 9:40 pm
in News, Nigeria
0
Breaking: President Tinubu dissolves Boards of Parastatals, Agencies, Institutions
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President Bola Tinubu has approved the dissolution of boards of Federal Government parastatals, agencies, institutions and government-owned companies.

Also read; President Tinubu to travel to Paris for financial pact summit

The was contained in a press release signed by Willie Bassey, Director, Information for Secretary to the Government of the Federation on heels of the President’s dismissal of all Service Chiefs and Comptroller General of Customs.

The full Press Release

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

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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