The Federal Government has announced the dissolution of all federal Parastatals, Agencies, Institutions, and Government-Owned Companies.
President Bola Tinubu approved the dissolution in the exercise of his Constitutional Powers and in the Public interest.
Tthis was made known in a statement by Willie Bassey, Director, Information, Office of the Secretary to the Government of the Federation.
But 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 Agencies exempt from this dissolution are:
1. Code of conduct Bureau (CCB)
2. Council of State
3. Federal Character Commission (FCC)
4. Federal Judicial Service Commission (FJSC)
5. Independent National Electoral Commission (INEC)
6. National Defense Council (NDC)
7. National Economic Council (NEC)
8. National Judicial Commission (NJC)
9. National Population Commission (NPC)
10. National Security Council (NSC)
11. National Police Council (NPC)
12. Police Service Commission (PSC)
13. Revenue Mobilization Allocation and Fiscal Commission (RMAFC)
