PFIPC probe: Reps directs IGP to produce alleged fake DG over N1.32 billion allocation

The House of Representatives committee investigating the operations of the controversial Presidential Foreign Investment Promotion Council (PFIPC) has directed the Inspector-General of Police, Olatunji Disu, to produce the organisation’s self-acclaimed Director-General, Adeyemi Adeniyi, before it on Wednesday.

The directive was issued on Monday during a resumed investigative hearing at the National Assembly Complex in Abuja.

The committee is investigating how the PFIPC, which it said was not legally established, allegedly secured office accommodation at Phase III of the Federal Secretariat Complex in Abuja and received a N1.32 billion allocation in the 2026 Appropriation Act.

What the committee is saying

The committee said Adeniyi’s appearance was necessary to help lawmakers clarify documents and allegations linked to the organisation.

Representing the Inspector-General of Police, Assistant Commissioner of Police Bashir Abdullahi appeared before the committee and was directed to ensure Adeniyi’s appearance by noon on Wednesday.

• “This committee clearly needs the suspected DG to appear before this committee. People’s names are involved. People’s integrity are involved. Institutional names are involved. Institutional integrity is involved.”
• “It is not an option now. We will need him here to confirm some documents to us in such a way that will not undermine our investigation to enable us to submit our report on time,” committee Chairman Yusuf Gagdi said.
• “The committee hereby resolves that the Inspector-General of Police of the Federal Republic of Nigeria do kindly present Mr Adeyemi on Wednesday by 12 noon. That is the ruling of the committee,” Gagdi declared.

The committee subsequently directed its clerk to formally communicate the resolution to the Inspector-General of Police.

Get up to speed

The directive followed the police’s confirmation of key aspects of an ongoing criminal investigation into allegations against Adeniyi.

ACP Abdullahi told lawmakers that the police had investigated part of the case and filed an eight-count charge against Adeniyi before the Federal High Court.

The police said Adeniyi had been arrested and arraigned, but cautioned the committee against publicly disclosing details that could prejudice the ongoing investigation or court proceedings.

The police also confirmed receiving a petition from the Office of the Chief of Staff to the President on October 17, 2025, alleging that Adeniyi fraudulently presented himself as the Director-General of both the Presidential Economic Advisory Council and the Presidential Foreign Investment Promotion Council.

More Insights

According to the police, the allegations included the use of the purported office to obtain accommodation within the Federal Secretariat, seek approval to recruit about 300 personnel, pursue a N1.3 billion allocation in the 2026 Appropriation Act and organise a World Investment Summit under the platform of the purported council.

A major point of the hearing was the comparison of signatures on documents allegedly issued by the Office of the Chief of Staff to the President with authentic official correspondence obtained by investigators.

• When asked whether the signatures matched, the police witness responded: “They are not the same.”
• The committee said the discrepancy raised concerns that official State House documents may have been forged.
• Gagdi said the investigation involved documents allegedly including a forged Act of the National Assembly intended to establish the purported agency.
• He disclosed that investigators had identified about 29 allegedly forged documents.
• The documents allegedly included purported approvals from the State House, the Office of the Head of the Civil Service of the Federation, the Office of the Secretary to the Government of the Federation and the Ministry of Finance.

Gagdi said representatives of several affected government agencies had appeared before the committee and disowned documents attributed to their offices.

The House committee said its investigation would continue independently of the police investigation and that its final report could recommend further action by relevant security agencies.

The committee chairman said lawmakers had deliberately avoided compelling the police to disclose information that could compromise the ongoing criminal investigation.

• “We are avoiding a situation whereby they will be pushed to make statements that will undermine their ongoing investigation,” Gagdi said.

The committee is expected to hear from Adeniyi on Wednesday as it continues examining the legal status of the PFIPC, the alleged documents used to support its operations and the N1.32 billion allocation contained in the 2026 Appropriation Act.

What you should know

Earlier, Nairametrics reported that the Budget Office of the Federation said the N1.3 billion appropriation for the Presidential Economic Advisory Council/Presidential Foreign Investment Promotion Council (PEAC/PFIPC) never became actual government expenditure because the required payroll, cash release and procurement processes were not completed.

The Budget Office said the National Assembly’s appropriation of funds for PEAC/PFIPC was not in dispute, but stressed that an appropriation is only legal authority to make provision for expenditure and does not automatically constitute a cheque, warrant or cash release.

Nairametrics earlier reported that Independent Corrupt Practices and Other Related Offences Commission (ICPC) confirmed that it invited the Chief of Staff to the President, Mr. Femi Gbajabiamila, to “gather facts” regarding the alleged fake Presidential Foreign Intervention Promotion Council (PFIPC).