A House of Representatives ad hoc committee investigating the controversial Presidential Foreign Intervention Promotion Council (PFIPC) has released preliminary findings linking 12 agencies and entities and approximately 58 bank accounts to PFIPC Director-General Adeniyi Adeyemi.
The committee, chaired by Yusuf Adamu Gagdi, said its findings were based on oral testimony, documentary evidence, financial records and submissions from several government agencies.
The panel was established after controversy over the inclusion of the PFIPC in the 2026 Appropriation Bill.
According to the preliminary report, the committee found no valid Act of the National Assembly or presidential order establishing the PFIPC.
The panel also said evidence received from the State House indicated that the Presidency did not appoint Adeyemi as the organisation’s Director-General.
The committee further said it found no evidence that Femi Gbajabiamila, the President’s Chief of Staff, signed Adeyemi’s purported appointment letter.
Based on its preliminary findings, the panel said the appointment letter was allegedly fabricated and falsely attributed to the Presidency.
The committee described the alleged use of a document purporting to show presidential authorisation as a serious matter that could warrant further criminal investigation and prosecution if established through due process.
The committee said it identified 12 entities associated with Adeyemi during its investigation.
They 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 panel said approximately 58 bank accounts were linked to the entities.
Panel Investigates Allegedly Forged State House Letter
The lawmakers also said they uncovered a letter dated November 7, 2024, which allegedly originated from the State House and was addressed to the Office of the Accountant-General of the Federation (OAGF).
The letter purportedly requested the creation or issuance of an administrative code for the PFIPC.
According to the committee, the letter was allegedly signed by an individual identified as Akambi Adewale, whom the panel said could not be found in State House records.
OAGF, Budget Office Face Questions
The committee accused the OAGF and the Budget Office of the Federation of institutional lapses in their handling of the PFIPC matter.
The OAGF reportedly acknowledged that its response to the purported request should have been transmitted through a properly authenticated official channel rather than being handed directly to Adeyemi.
The panel said it was investigating whether the circumstances resulted from negligence, failure to follow verification procedures, breach of official correspondence protocols or possible deliberate facilitation.
However, the committee stressed that no official would be condemned without a fair hearing.
The Budget Office also made submissions to the panel concerning its interactions with the purported organisation. The committee said preliminary evidence showed that the office had received documents presented as proof that PFIPC was a federal institution.
The lawmakers said verifying the legal existence of an institution should be a fundamental requirement before it is recognised within the Federal Budget Framework.
Investigation Remains Ongoing
The findings released by the House committee are preliminary and do not constitute final determinations of criminal or administrative liability.
The panel is expected to continue examining the documents, financial records and testimony surrounding the PFIPC, including the circumstances under which the organisation was presented as a federal institution and included in the 2026 budget process.
The investigation could ultimately determine whether further administrative, financial or criminal action is warranted.
