President Bola Tinubu has also approved the immediate dissolution of the governing boards of all federal government parastatals, agencies, institutions, and government-owned companies.
According to a statement by the director, information, in the office of the secretary to the government of the federation, Wily Bassey, 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.
The exempted agencies include Independent National Electoral Commission ( INEC) and 13 others.
He said 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.”