PFIPC Probe: Reps Summon SGF, NSA, IGP, AGF, Finance Minister, Others Over Controversial Agency

The House of Representatives Ad-hoc Committee investigating the controversial Presidential Foreign Investment Promotion Council (PFIPC) is expected to resume its probe today with the appearance of several top government officials over the council’s alleged operations, its inclusion in the 2026 Appropriation Act and the allocation of government office space to the organisation.

Among those invited to testify before the panel, chaired by Rep. Yusuf Gagdi, are the Secretary to the Government of the Federation (SGF), Senator George Akume; National Security Adviser (NSA), Mallam Nuhu Ribadu; Inspector-General of Police, Olatunji Disu; Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN); Minister of Finance, Taiwo Oyedele; and Accountant-General of the Federation, Shamseldeen Ogunjimi.

Also expected before the committee are the Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu; Director-General of the Budget Office, Tanimu Yakubu; Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Aisha Rimi; officials of the National Economic Council Secretariat; as well as representatives of the Revenue Mobilisation, Allocation and Fiscal Commission and the National Salaries, Incomes and Wages Commission.

The lawmakers are seeking explanations on how the PFIPC found its way into the 2026 budget proposal presented by President Bola Tinubu to the National Assembly and the circumstances surrounding the allocation of office accommodation to the council within the Federal Secretariat.

The hearing follows testimony by the Permanent Secretary of the Ministry of Foreign Affairs, Ambassador Dunoma Ahmed, who denied any official relationship between the ministry and the PFIPC and questioned the legitimacy of the organisation.

Appearing before the committee earlier, Ahmed disclosed that Prince Adeniyi Adeyemi, who identified himself as the Director-General of both the Presidential Economic Advisory Council and the Presidential Foreign Investment Promotion Council, approached the ministry on three separate occasions—June 26, 2025; August 5, 2025; and June 5, 2026.

According to the Permanent Secretary, Adeyemi sought the ministry’s endorsement and collaboration for the proposed World Investment Summit in Nigeria.

Ahmed said the ministry declined the requests after carrying out internal verification, citing inconsistencies in the documents presented and concerns over the authenticity of the council.

He further informed lawmakers that the ministry subsequently wrote to the Office of the National Security Adviser on October 16, 2025, requesting clarification on the status of the organisation and its purported Director-General.

According to Ahmed, the NSA’s office responded on November 26, 2025, indicating that checks with both the Office of the Secretary to the Government of the Federation and the Office of the Chief of Staff to the President showed that Adeyemi was not known to either office.

The Permanent Secretary also maintained that the Ministry of Foreign Affairs never participated in any diplomatic activities involving the PFIPC and did not facilitate engagements between the council and foreign governments, diplomatic missions, international organisations or prospective investors.

He added that no memorandum of understanding, treaty or investment agreement was negotiated through the council, while no Nigerian diplomatic mission abroad was authorised to recognise or engage with it.

As part of the ongoing investigation, the committee directed the Inspector-General of Police to produce two suspects reportedly arrested in connection with documents allegedly originating from the Office of the Head of the Civil Service of the Federation. The documents were said to have approved the council’s participation in the federal budget process and granted a waiver for the deployment of about 300 personnel.

The panel is also expected to seek explanations from the SGF regarding the reported transfer of office accommodation within Phase III of the Federal Secretariat, which was originally allocated to the Office of the Secretary to the Government of the Federation in 2023 but was allegedly reassigned to the PFIPC.

At the committee’s previous sitting, Chairman Yusuf Gagdi expressed disappointment over the absence of several invited officials and warned that the House would not hesitate to enforce its constitutional powers should they fail to honour subsequent invitations.

“The committee will invoke its constitutional powers to compel their appearance if they fail to attend the next sitting,” Gagdi warned.

The House commenced the investigation following allegations that the PFIPC operated as a federal government agency despite repeated denials by key government institutions that it was ever established or officially recognised.

Lawmakers are expected to determine whether due process was breached in the council’s alleged access to government facilities, pursuit of official recognition and inclusion in the 2026 budget, with the findings likely to shape further legislative and possible legal actions.