Tag: PFIPC

PFIPC scandal: How CBN opened domiciliary accounts for phantom agency

Bode DoluLeave a Comment on PFIPC scandal: How CBN opened domiciliary accounts for phantom agency

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 Reading

PFIPC: Gbajabiamila appears before ICPC panel investigating ‘fake agency’

Bode DoluLeave a Comment on PFIPC: Gbajabiamila appears before ICPC panel investigating ‘fake agency’

Femi 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 Reading

Atiku questions alleged N6.44bn budgetary allocation for FIFA WC qualifying support after elimination, calls for independent probe of PFIPC scandal

Bode DoluLeave a Comment on Atiku questions alleged N6.44bn budgetary allocation for FIFA WC qualifying support after elimination, calls for independent probe of PFIPC scandal

Former Nigerian Vice President, Atiku Abubakar, has called for an independent investigation into the controversy surrounding the Presidential Foreign Investment Promotion Council (PFIPC) scandal. Atiku, in a statement issued on Wednesday by his Senior Special Assistant on Public Communication, Phrank Shaibu, also raised fresh questions over an alleged N6.44bn budgetary allocation for Nigeria’s 2026 FIFA […]

Continue Reading

PFIPC D-G’s dad, family friend arrested in Oyo State

Bode DoluLeave a Comment on PFIPC D-G’s dad, family friend arrested in Oyo State

Nigerian Police have arrested the father and family friend of embattled Director-General of the purported Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council, PFIPC, Adeyemi Adeniyi, in Oyo State. Adeniyi had gone into hiding, following revelations that he had allegedly scammed the Federal Government through the creation of a fake presidential council. The arrest came […]

Continue Reading

How SGF requested office space for the PFIPC ‘fake’ agency

Bode DoluLeave a Comment on How SGF requested office space for the PFIPC ‘fake’ agency

Official 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 Reading