Read the passage below carefully:
In 1985, the Federal Government of Nigeria established precursor initiatives for environmental protection following an industrial toxic waste dumping incident in Koko, Bendel State (now Delta State). However, it was not until December 1988, through Decree No. 58, that the Federal Environmental Protection Agency (FEPA) was formally created as an autonomous body under the Works and Housing Ministry. The agency was mandated to set national environmental standards, monitor air and water quality, and regulate hazardous substance emissions across all states. In 1992, Decree No. 59 amended the original mandate, expanding FEPA's scope to include biodiversity conservation and natural resource management, while simultaneously transferring its administrative supervision directly to the Presidency. Subsequently, in 1999, FEPA was absorbed into the newly created Federal Ministry of Environment, effectively terminating its existence as an independent agency.
Based on the passage above, determine whether the following statement is true or false: Decree No. 58 of 1988 placed the Federal Environmental Protection Agency under the direct administrative supervision of the Presidency.
Answer: Answer