The row over the alleged Presidential Foreign Intervention Promotion Council (PFIPC) has escalated after Prince Adeniyi Adeyemi accused Chief of Staff Femi Gbajabiamila of demanding ₦600 million.
The Federal Government insisted the agency was fictitious and confirmed criminal charges against Adeyemi.
—“Gbajabiamila Demanded 48% of Take-off Grant”– Adeyemi—
Speaking to journalists on Thursday, Adeyemi alleged conflicting statements by Gbajabiamila on PFIPC and the Presidential Economic Advisory Council (PEAC), and called for an independent probe.
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He claimed: “He allegedly requested 48% of the take-off grant of ₦27.3 billion from the same agency, which he denies. I rejected it after he collected ₦400 million by proxy, with a balance of ₦200 million to secure the appointment.”
Adeyemi also said both PFIPC and PEAC are listed on pages 50 and 51 of the 2026 Appropriation Act, and urged President Tinubu to set up an independent panel to investigate the agencies, budget references, and related allegations.
—Presidency: ‘PFIPC Does Not Exist’—
The Presidency maintains the PFIPC is not real. It cited a June 11 disclaimer signed by Gbajabiamila:
“The unsuspecting public is hereby advised to note that such an office does not exist under this administration and no appointment has been made in that regard.”
However, the 2026 Appropriation Bill’s “Summary by MDAs” reportedly lists
“Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council” with an allocation of ₦1.303 billion.
Presidential spokesperson Bayo Onanuga described both PFIPC and PEAC as fictitious, and alleged Adeyemi falsely presented himself as Director-General.
—Charges Filed Over Alleged Forgery, Impersonation—
Onanuga said investigations began after complaints from the Nigerian Investment Promotion Commission. Adeyemi was arrested in Abuja on Oct. 27, 2025.
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Police alleged he forged appointment documents, impersonated a government official, and sought diplomatic support for visas with fake credentials. Documents were recovered, and he was linked to multiple bank accounts tied to the alleged agencies.
An eight-count criminal charge was filed against Adeyemi and two others at the Federal High Court, Abuja, on Nov. 27, 2025.
Quoting police findings, Onanuga said: “Adeyemi, using fake documents, fraudulently opened a CBN account by misleading the Office of the Accountant-General. No government money has been transferred into the account.”
The Presidency urged Nigerians to await the court’s determination. The case is scheduled for hearing on July 27.
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