The House of Representatives Ad-hoc Committee investigating the alleged establishment of the Presidential Foreign Investment Promotion Council (PFIPC) without legal backing has summoned the Office of the National Security Adviser (ONSA) to explain why it failed to take action after being alerted that the council was not a legally recognised government agency. (Vanguard News)
The lawmakers also directed the Minister of Foreign Affairs to appear before the committee as part of the ongoing probe into the activities of the controversial council, which allegedly operated and engaged government institutions despite questions over its legitimacy. (Vanguard News)
The committee’s decision followed a memorandum submitted by the Permanent Secretary of the Ministry of Foreign Affairs, Dunoma Umar Ahmed, stating that the ministry had no official relationship with the PFIPC and had rejected repeated requests from its promoters for collaboration on a proposed World Investment Summit in Nigeria. (Vanguard News)
According to the ministry, the requests were received in June 2025, August 2025 and June 2026. However, officials declined to act on them after identifying discrepancies in the correspondence and initiating due diligence. (Vanguard News)
The Permanent Secretary disclosed that the ministry wrote to the Office of the National Security Adviser on October 16, 2025, seeking clarification on the status of Prince Adeniyi Matthew Adeyemi, who identified himself as Director-General of the Presidential Economic Advisory Council (PEAC) and the Presidential Foreign Investment Promotion Council.
In its response dated November 26, 2025, ONSA reportedly informed the ministry that checks with the Office of the Secretary to the Government of the Federation (SGF) and the Office of the Chief of Staff to the President showed that Prince Adeyemi was unknown to the Federal Government. (Vanguard News)
Despite that response, lawmakers questioned why stronger measures were not taken to halt the activities of the council.
A member of the committee, Abubakar Hassan Fulata, asked why the ministry did not formally notify the promoter that the organisation lacked legal recognition after receiving confirmation from ONSA.
Responding, the committee chairman said the Ministry of Foreign Affairs had fulfilled its responsibility by referring the matter to the National Security Adviser, stressing that ONSA must now account for the actions it took after confirming the council’s alleged illegality. (Vanguard News)
The committee also expressed concern over reports that the PFIPC allegedly engaged foreign diplomats and participated in diplomatic activities despite the Ministry of Foreign Affairs maintaining that it had no dealings with the council.
Lawmakers described the development as a serious lapse in coordination among government institutions, warning that no individual should be able to establish a fake government agency, secure official documents and conduct diplomatic engagements without being stopped. (Vanguard News)
Meanwhile, the committee issued a final ultimatum to Ministries, Departments and Agencies (MDAs) that have yet to honour its invitation, warning that any institution that fails to appear before the panel will face constitutional sanctions for obstructing the investigation. (The Guardian Nigeria)
The investigation is part of a broader House of Representatives probe into the establishment, operations and funding of the PFIPC, including allegations that the council operated without a valid legal framework and was allocated public funds in the 2026 budget. (Channels Television)
The House of Representatives Ad-hoc Committee investigating the alleged establishment of the Presidential Foreign Investment Promotion Council (PFIPC) without legal backing has summoned the Office of the National Security Adviser (ONSA) to explain why it failed to take action after being alerted that the council was not a legally recognised government agency. (Vanguard News)
The lawmakers also directed the Minister of Foreign Affairs to appear before the committee as part of the ongoing probe into the activities of the controversial council, which allegedly operated and engaged government institutions despite questions over its legitimacy. (Vanguard News)
The committee’s decision followed a memorandum submitted by the Permanent Secretary of the Ministry of Foreign Affairs, Dunoma Umar Ahmed, stating that the ministry had no official relationship with the PFIPC and had rejected repeated requests from its promoters for collaboration on a proposed World Investment Summit in Nigeria. (Vanguard News)
According to the ministry, the requests were received in June 2025, August 2025 and June 2026. However, officials declined to act on them after identifying discrepancies in the correspondence and initiating due diligence. (Vanguard News)
The Permanent Secretary disclosed that the ministry wrote to the Office of the National Security Adviser on October 16, 2025, seeking clarification on the status of Prince Adeniyi Matthew Adeyemi, who identified himself as Director-General of the Presidential Economic Advisory Council (PEAC) and the Presidential Foreign Investment Promotion Council.
In its response dated November 26, 2025, ONSA reportedly informed the ministry that checks with the Office of the Secretary to the Government of the Federation (SGF) and the Office of the Chief of Staff to the President showed that Prince Adeyemi was unknown to the Federal Government. (Vanguard News)
Despite that response, lawmakers questioned why stronger measures were not taken to halt the activities of the council.
A member of the committee, Abubakar Hassan Fulata, asked why the ministry did not formally notify the promoter that the organisation lacked legal recognition after receiving confirmation from ONSA.
Responding, the committee chairman said the Ministry of Foreign Affairs had fulfilled its responsibility by referring the matter to the National Security Adviser, stressing that ONSA must now account for the actions it took after confirming the council’s alleged illegality. (Vanguard News)
The committee also expressed concern over reports that the PFIPC allegedly engaged foreign diplomats and participated in diplomatic activities despite the Ministry of Foreign Affairs maintaining that it had no dealings with the council.
Lawmakers described the development as a serious lapse in coordination among government institutions, warning that no individual should be able to establish a fake government agency, secure official documents and conduct diplomatic engagements without being stopped. (Vanguard News)
Meanwhile, the committee issued a final ultimatum to Ministries, Departments and Agencies (MDAs) that have yet to honour its invitation, warning that any institution that fails to appear before the panel will face constitutional sanctions for obstructing the investigation. (The Guardian Nigeria)
The investigation is part of a broader House of Representatives probe into the establishment, operations and funding of the PFIPC, including allegations that the council operated without a valid legal framework and was allocated public funds in the 2026 budget. (Channels Television)
