Buhari Sacks Boards of all Federal Parastatals, Agencies

President Muhammadu Buhari has approved the dissolution of the governing boards of federal parastatals, agencies and institutions with effect from today, July 16, 2015.

A statement from the State House said until the boards were reconstituted, Chief Executive Officers of the affected parastatals, agencies and institutions were to refer all matters requiring the attention of their boards to the President through the Permanent Secretaries of their supervising ministries.
The statement reads: “While the dissolution does not affect Federal Executive Bodies listed in the 1999 Constitution of the Federal Republic of Nigeria, it covers administrative or technical committees and other similar organs established by the now dissolved boards.”