Politics
Fake Nigerian presidential council secured budget allocation before government uncovered forgery

Synthesized from2 sources
Fake Nigerian presidential council secured budget allocation before government uncovered forgery
A fraudulent council claiming to attract foreign investment obtained government offices, staff, and a $950,000 budget line before the presidency declared it illegitimate.
- The government announced that the Presidential Foreign Intervention Promotion Council (PFIPC) had no legal basis, resting on a forged appointment letter carrying the president's chief of staff's signature.
- Prince Adeniyi Adeyemi Matthew, PFIPC's director general, denies forgery and has accused senior officials of demanding bribes; he is due in court on 27 July for charges including forgery and impersonation.
- Police detained Adeyemi's father, Chief Adetunji Adeniyi, who said officers forced entry into his home; police said he was invited to assist with inquiries.
- President Bola Tinubu ordered the anti-corruption commission to investigate and report within 30 days, including the role of any public officer.
What happened since
Nigerian police arrest boss of fake government agency after weeks on the run
Adeniyi Adeyemi Matthew, who posed as director general of a fictitious investment council, has been arrested in Osun State following a court warrant.
- Adeyemi was detained by police from the Force Intelligence Department and Intelligence Response Team after a Federal High Court warrant was issued for his failure to appear on charges of forgery and impersonation.
- President Bola Tinubu ordered a corruption investigation into the purported Presidential Foreign Investment Promotion Council (PFIPC) last week before the arrest.
- Tinubu's office stated that the official letter purportedly creating the PFIPC was fake, and police forensic analysis confirmed the signature of the president's chief of staff had been forged.
- The PFIPC appeared in the 2026 Appropriation Act with a 1.3 billion naira allocation, but the Accountant-General's Office said the agency never operated a Central Bank of Nigeria account.
Coverage
Read the original reportingThis brief was compiled from 2 outlets, over 32 hours of coverage. Each is listed below with the headline it led on, so you can compare them yourself.
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