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Central Bank of Nigeria (CBN) on Monday said it had opened two foreign-currency domiciliary accounts for the controversial Presidential Foreign Investment Promotion Council. This is as the Chief of Staff to the President, Femi Gbajabiamila, appeared at the headquarters of the Independent Corrupt Practices and Other Related Offences Commission to testify in the ongoing investigation […]
Continue ReadingFormer Ekiti State Governor, Ayodele Fayose, has been appointed as Chairman of the Rural Electrification Agency (REA), by president Bola Tinubu as part of a fresh round of 26 appointments into federal government agencies and commissions. The appointments, announced on Monday in a statement by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, said […]
Continue ReadingFemi Gbajabiamila, Chief of Staff to the President, has responded to invitation extended to him by the Independent Corrupt Practises Commission (ICPC) over the ongoing investigation into the alleged fake Presidential Foreign Intervention Promotion Council (PFIPC). Counsel to the Chief of Staff, Jiti Ogunye, who made this disclosure in a release stated that Gbajabiamila appeared […]
Continue ReadingEmbattled Director-General of the disowned Presidential Foreign Intervention Promotion Council (PFIPC), Adeniyi Adeyemi, has said the N400m he paid to secure his appointment letter was borrowed money, and that his lenders have since petitioned the Economic and Financial Crimes Commission (EFCC), demanding a refund. Adeyemi spoke on Channels Television’s Politics Today on Monday night, weeks […]
Continue ReadingOfficial documents said to have exclusively been obtained by Saturday Punch have cast fresh doubt on the Presidency’s insistence that the controversial Presidential Foreign Investment Promotion Council (PFIPC) never existed. According to Punch, the documents reveal that the Office of the Secretary to the Government of the Federation received, acknowledged and acted on correspondence submitted […]
Continue ReadingNigeria’s military investigators probing an alleged plot to overthrow President Bola Tinubu are reportedly grilling a Managing Director (MD) of a Federal Government agency in the South South region of Nigeria, according to Punch. Two intelligence officers confirmed that the MD was arrested for allegedly transferring a huge sum of money to a former Minister […]
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