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Reps Committee Finalizes Plans To Interrogate PFIPC DG

by Present Nigeria
August 10, 2026
in News
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Alleged Fake PFIPC DG Deletes Social Media Accounts Amid Probe
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The House of Representatives Ad Hoc Committee is putting final arrangements in place to question Adeniyi Adeyemi, the self-appointed Director-General of the Presidential Foreign Investment Promotion Council, PFIPC, who is currently being held in police custody.

The panel chaired by Representative Yusuf Gagdi is investigating how the alleged unrecognized body obtained office space at the Federal Secretariat in Abuja and secured a ₦1.32 billion allocation in the 2026 Appropriation Act.

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The committee, chaired by Representative Yusuf Gagdi, probing how the alleged unapproved entity secured office space within the Federal Secretariat Complex in Abuja and received a ₦1.32 billion allocation in the 2026 Appropriation Act. Adeyemi, through his legal team and family, declined to answer questions during an initial closed-door visit by lawmakers in custody, demanding that any questioning take place publicly in the presence of his lawyers and members of the press, consistent with previous open legislative hearings involving government officials.

Committee Chairman Gagdi previously stated that holding the session at a secured, undisclosed location was necessary to avoid interfering with ongoing law enforcement investigations and a court detention order.

However, the Coalition of United Political Parties (CUPP) has called for a fully transparent public inquiry, questioning how a non-existent agency could secure official recognition, access government infrastructure, and obtain budgetary allocations without assistance from internal government officials.

Key officials including the Head of the Civil Service of the Federation, the Director-General of the Budget Office, and representatives from the Central Bank of Nigeria have already testified before the panel as investigators continue to examine potential administrative oversights and alleged document forgeries.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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