• Latest
  • Trending
Reps approves N774.77b NIMASA 2025 budget proposal

Reps Probe ‘Fake’ Investment Council, Orders IGP to Produce DG

July 27, 2026
COAS Seeks Stronger Regional Security To Tackle Emerging Threats

COAS Seeks Stronger Regional Security To Tackle Emerging Threats

October 1, 2026
Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

October 1, 2026
Police Uncover N6.17b Cyberfraud, Arrest Suspects

Police Uncover N6.17b Cyberfraud, Arrest Suspects

October 1, 2026
Mutfwang Woos EU Investors, Says Plateau Open For Business

Mutfwang Woos EU Investors, Says Plateau Open For Business

October 1, 2026
Kano: Suspect Arrested Over Alleged Invitation of Bandits for Attacks

Kano: Suspect Arrested Over Alleged Invitation of Bandits for Attacks

October 1, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
FG Breaks Ground For New Grid Control Centre In Osogbo

FG Breaks Ground For New Grid Control Centre In Osogbo

October 1, 2026
ReachOut Nigeria Celebrates 20 Years With 100 Million Rhapsody Copies

ReachOut Nigeria Celebrates 20 Years With 100 Million Rhapsody Copies

October 1, 2026
FCTA workers suspend strike, protests as Labour  reaches agreement with Wike

Wike Vows To Quit As FCT Minister If Tinubu Loses FCT, Rivers

October 1, 2026
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

AFCON 2025 Title Dispute: CAS Fixes Oct 8 For Senegal’s Appeal Hearing

October 1, 2026
ADVERTISEMENT
  • Privacy Policy
    • Home
      • Contact Us
  • Advert Rates
Thursday, October 1, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result
Home News

Reps Probe ‘Fake’ Investment Council, Orders IGP to Produce DG

by Present Nigeria
July 27, 2026
in News
0
Reps approves N774.77b NIMASA 2025 budget proposal
26
SHARES
52
VIEWS
FacebookTwitterWhatsappTelegram

The House of Representatives’ Ad-hoc Committee investigating the Presidential Foreign Investment Promotion Council (PFIPC) has directed the Inspector-General of Police, Olatunji Disu, to produce the Director-General of the agency, Adeniyi Adeyemi, within 48 hours.

The directive was issued on Monday during the committee’s resumed sitting as lawmakers intensified their probe into the activities of the council, which has been described by the committee as an alleged fake agency.

RelatedPosts

COAS Seeks Stronger Regional Security To Tackle Emerging Threats

Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

Police Uncover N6.17b Cyberfraud, Arrest Suspects

The committee said Adeyemi’s appearance was necessary to enable lawmakers obtain firsthand information and advance their investigation into the circumstances surrounding the establishment and operations of the PFIPC.

Lawmakers directed that the embattled Director-General be produced before the panel on Wednesday to answer questions relating to the ongoing inquiry.

The committee has yet to disclose further details of the allegations against the agency, but maintained that Adeyemi’s testimony is critical to the investigation.

The existence of the PFIPC as an agency of the Federal Government has raised so much dust for some months now with the Director General of the agency raising corruption allegations against the Chief of staff to the President, Femi Gbajabiamila, over the budgetary allocation to the agency.

The dust raised by the controversy led to the President giving a directive to the Independent Corrupt and Other related offences Commission to probe the growing controversy and report to him within 30 days.

The Director General of the agency who was in hiding was arrested somewhere in Osun State after a bench warrant was issued against him by the Federal High Court in Abuja in a case of forgery and impersonation against him by the Police.

He is currently in Police custody.

Many observers and commentators including opposition figures have added their voice to the matter asking for a comprehensive investigation to unravel the circumstances surrounding the appearance of the agency described as fake in the budget with an office space in the federal secretariat and domiciliary account with the Central Bank of Nigeria.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Like this:

Like Loading...

Related

Share10Tweet7SendShareShare2
Previous Post

Drug Kingpin, Ex-Footballer Jailed 24 Years Over 7kg Cocaine

Next Post

CAC Launches TBS Office, Targets Faster Registration For MSMEs

Related Posts

COAS Seeks Stronger Regional Security To Tackle Emerging Threats

COAS Seeks Stronger Regional Security To Tackle Emerging Threats

October 1, 2026
Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

October 1, 2026
Police Uncover N6.17b Cyberfraud, Arrest Suspects

Police Uncover N6.17b Cyberfraud, Arrest Suspects

October 1, 2026
Mutfwang Woos EU Investors, Says Plateau Open For Business

Mutfwang Woos EU Investors, Says Plateau Open For Business

October 1, 2026
Next Post
CAC Launches TBS Office, Targets Faster Registration For MSMEs

CAC Launches TBS Office, Targets Faster Registration For MSMEs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

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.

COAS Seeks Stronger Regional Security To Tackle Emerging Threats

COAS Seeks Stronger Regional Security To Tackle Emerging Threats

October 1, 2026
Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

October 1, 2026
Police Uncover N6.17b Cyberfraud, Arrest Suspects

Police Uncover N6.17b Cyberfraud, Arrest Suspects

October 1, 2026

© 2025 Present Nigeria. All Rights Reserved.

  • Privacy Policy
  • Advert Rates

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.

%d