Tinubu dismisses the boards of the NNPC, FIRS, and other federal institutions.

President Bola Ahmed Tinubu, GCFR, has approved the immediate dissolution of all Federal Government parastatals, agencies, institutions, and government-owned companies in the exercise of its constitutional powers and in the public good.

Boards, Commissions, and Councils mentioned in the Third Schedule, Part 1, Section 153 (i) of the 1999 Constitution of the Federal Republic of Nigeria as amended are not affected by the dissolution.

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

Permanent Secretaries are also directed to convey such communication to Mr. President through the Office of the Secretary to the Federation’s Government. As a result, all Ministries, Departments, and Agencies must guarantee compliance with the provisions of this order, which went into effect on Friday, June 16, 2023.

Permanent Secretaries are specifically requested to notify the Chief Executive Officers of the relevant Agencies overseen by their respective Ministries/Offices in order to ensure timely compliance.