The House of Representatives ad hoc committee investigating the purported Presidential Foreign Intervention Promotion Council, PFIPC, has identified 58 bank accounts and 12 entities linked to Adeniyi Adeyemi, who was presented as the council’s director-general.
The committee, which was constituted following controversy over the inclusion of the PFIPC in the 2026 Appropriation Bill, said its preliminary findings were based on oral testimonies, documentary evidence, financial records and submissions from several government agencies.
The report, released on Wednesday by Yusuf Adamu Gagdi, chairman of the committee, said investigations found that no valid Act of the National Assembly or presidential order established the PFIPC.
It also said evidence obtained from the State House indicated that the Presidency did not appoint Adeyemi as the PFIPC director-general.
The committee said it found no evidence that Femi Gbajabiamila, Chief of Staff to the President, signed Adeyemi’s purported appointment letter.
“The Committee therefore preliminarily finds that the purported appointment letter was fabricated and falsely attributed to the Presidency,” the report said.
The committee said such conduct, if established through the appropriate criminal process, would constitute a serious attack on the integrity of the Office of the President and the official identity of the Federal Government.
It added that the alleged creation or use of a document purporting to show that the President or Chief of Staff had authorized the appointment of an individual to head a non-existent federal institution could not be treated as a mere administrative irregularity. The committee said the matter warranted “the most serious investigative and prosecutorial attention.”
The entities identified by the committee as being linked to Adeyemi include the Confederation of United Nations Youths; FCT Investment Promotion Agency and Public-Private Partnership; FCT Investment Promotion Council and Public-Private Partnership; Foreign Investment Promotion Agency; United Nations Youth Global Agency; and United Nations Youth Global Foundation.
Others are World United Nations Youth Global Foundation; World Entrepreneurship University Limited; World Enterprise University Limited; FCT Investment Promotion Act; FCT Promotion Agency; and Olubadan of Ibadan Foundation. The committee said approximately 58 bank accounts were linked to the entities.
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The committee also said it uncovered a forged letter dated November 7, 2024, which purportedly originated from the State House and was addressed to the Office of the Accountant-General of the Federation, OAGF. According to the report, the letter requested the creation or issuance of an administrative code for the PFIPC.
The committee said the letter was purportedly signed by one Akambi Adewale, a name it said does not appear in State House records.
The panel accused the OAGF and the Budget Office of the Federation of “institutional lapses” in their handling of the PFIPC matter.
The OAGF, according to the report, acknowledged that its response to the purported letter should have been sent through a properly authenticated official channel rather than being handed directly to Adeyemi.
“The office further acknowledged that the response ought not to have been released to Prince Adeniyi Adeyemi or any other unauthorized person but should have been transmitted through a properly authenticated official channel,” the report said.
The committee described it as a serious administrative and security lapse that official correspondence addressed to the State House could allegedly have been collected by a person connected to the forged request.
It said it was investigating whether the circumstances resulted from negligence, failure to comply with basic verification requirements, breaches of established correspondence procedures, wilful disregard for due process or deliberate facilitation. “No officer will be condemned without fair hearing. Equally, no proven breach of public duty will be overlooked.”
The Budget Office, the committee said, made extensive submissions regarding its interactions with the purported organization.
It said preliminary evidence showed that the office had been presented with documents purporting to establish the PFIPC as a federal institution.
However, the committee maintained that verifying the legal existence of an institution is a fundamental requirement before it can be recognized within the Federal Budget Framework.
The Cable
