All Eyes On Reps As NSA, AGF, IGP Summoned Over Explosive PFIPC Controversy

The National Security Adviser (NSA), the Attorney-General of the Federation (AGF) and Minister of Justice, the Inspector-General of Police (IGP), and several other senior government officials are scheduled to appear before the House of Representatives Ad Hoc Committee on Thursday as lawmakers intensify their investigation into the controversial Presidential Foreign Investment Promotion Council (PFIPC).....KINDLY READ THE FULL STORY HERE▶

The committee, chaired by Rep. Yusuf Gagdi, is examining the council’s legal status, operations, funding, and its reported inclusion in the 2026 Appropriation Bill despite concerns over its legitimacy.

Also expected to testify are the Accountant-General of the Federation, the Minister of Foreign Affairs, the Director-General of the Department of State Services (DSS), as well as the chairmen of the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

Others invited include the Auditor-General for the Federation, the Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), and the Chairman of the Fiscal Responsibility Commission (FRC).

The lawmakers are expected to seek explanations from the various agencies regarding their knowledge of, or involvement with, the PFIPC and the circumstances surrounding its operations.

The investigation was triggered after reports emerged that more than ₦1.3 billion had been allocated to the council in the proposed 2026 federal budget, despite lingering questions over its legal foundation and official mandate.

As part of the probe, the committee is examining how the PFIPC was established, the officials linked to its activities, the process through which it secured a budget allocation, its funding arrangements, membership, and its alleged use of official government correspondence.

Speaking while inaugurating the committee on Monday, Speaker of the House of Representatives, Tajudeen Abbas, urged members to conduct a thorough, evidence-based investigation, stressing that every government institution must derive its authority from a valid legal framework.

During the committee’s inaugural hearing, representatives of the Central Bank of Nigeria (CBN) and the Office of the Head of the Civil Service of the Federation presented preliminary findings.

Representing the CBN Governor, Director Hamisu Abdullahi informed lawmakers that the apex bank opened two domiciliary accounts in the names of the Presidential Economic Advisory Council/Presidential Foreign Investment Promotion Council on July 30, 2025, following a directive from the Office of the Accountant-General of the Federation.

According to him, the accounts—denominated in United States dollars and British pounds—have remained inactive with zero balances because no authorised signatories were provided.

Similarly, the Head of the Civil Service of the Federation, Didi Walson-Jack, told the panel that her office neither established the PFIPC nor deployed any civil servants to work for the organisation.

She disclosed that although the council had approached her office seeking approval for its proposed organisational structure and staffing, officials later identified irregularities in the documents presented as the legal basis for its establishment.