The House of Representatives Ad Hoc Committee investigating the alleged inclusion of the purported Presidential Foreign Intervention Promotion Council, PFIPC, in the federal budget has said it found no evidence that the Chief of Staff to the President, Femi Gbajabiamila, approved or participated in the activities of the organisation.
The committee presented its preliminary findings on Tuesday, September 2, 2026, through its Chairman, Yusuf Gagdi.
According to the panel, evidence before it showed that Gbajabiamila acted promptly after concerns about the purported organisation were raised by the Nigerian Investment Promotion Commission.
The committee said within one day, the Chief of Staff communicated with the Nigeria Police Force, Office of the National Security Adviser, Department of State Services and the Economic and Financial Crimes Commission. He also initiated administrative verification through relevant government institutions.
“The documentary evidence presently before the Committee does not establish that the Chief of Staff authorised, approved, established or participated in the activities of the purported organisation,” Gagdi said. “On the contrary, the evidence demonstrates repeated steps to secure investigation, institutional verification and appropriate administrative action.”
The committee preliminarily commended Gbajabiamila for the timely interventions whenever the matter was brought to his attention.
The panel also found that a document purportedly appointing Prince Adeniyi Adeyemi as Director-General of PFIPC was fabricated. It said the letterhead was not an authentic State House letterhead and the reference number was inconsistent with official records. Evidence from the State House confirmed that no such appointment was made or approved.
The committee further stated that documents presented as a Presidential Executive Order and an Act of the National Assembly establishing PFIPC were not authentic. It said the Executive Order dated February 24, 2026 was neither issued nor approved, while the purported Act was never passed or assented to.
The panel said it found no valid law, gazetted enactment, or administrative instrument establishing PFIPC, which also operated under inconsistent names including Presidential Economic Advisory Council.
On alleged financial dealings, the committee disclosed that a company reported paying approximately ₦400 million in four instalments to Adeyemi after being promised a renovation contract for a residence allegedly allocated to him. It said it was tracing payment destinations and verifying ownership of the property.
Preliminary financial information also indicated that about 58 bank accounts were linked to Adeyemi, with more than 30 accounts operated in the names of about nine agencies, companies and foundations.
The committee said its findings were preliminary and that its final report would recommend legislative, administrative and prosecutorial actions.
