PFIPC Scandal Deepens As Adeyemi Reveals How ‘Fake Agency’ Made It Into 2026 Budget

Prince Adeniyi Matthew Adeyemi, the self-acclaimed Director-General of the alleged Presidential Foreign Intervention Promotion Council (PFIPC), has explained how the proposed agency reportedly found its way into the Federal Government’s 2026 budget despite his arrest before the appropriation process was concluded.....KINDLY READ THE FULL STORY HERE▶

Adeyemi made the claims during an interview with social media activist Martins Vincent Otse, popularly known as VeryDarkMan (VDM), in a video released shortly after his arrest.

He also dismissed allegations linking the Chief of Staff to the President, Femi Gbajabiamila, to the agency’s reported ₦1.3 billion budget allocation, insisting that he personally lobbied officials at the Budget Office for the agency’s inclusion.

‘I Applied Too Late For The 2025 Budget’

According to Adeyemi, he first approached the Budget Office in December 2024 with a request for the PFIPC to be included in the 2025 Appropriation Bill.

However, he said officials informed him that the budget process had already closed.

“I went to the Budget Office for the 2025 budget. I submitted my letter and all the necessary documents, but they told me it was already too late.

“When the 2025 budget was released and the agency wasn’t included, they told me it would be considered for the 2026 budget. We kept in touch because they assured me it would be looked into later,” he said.

‘Budget Office Officials Assured Me’

Adeyemi claimed a female staff member at the Budget Office facilitated his meeting with the Director-General before referring him to another senior official.

According to him, the DG jokingly asked him, “Where is my shini?”—a slang term often used to request gratification—but he insisted he had nothing to offer.

“She helped me see the oga. He asked me, ‘Where is my shini?’ I told him I didn’t have any. He then directed me to meet one of the directors,” Adeyemi stated.

He said the director later informed him that the agency could no longer be accommodated in the 2025 budget but assured him efforts would be made to capture it in the 2026 appropriation.

“They tried, but it couldn’t make the 2025 budget. They said it would be moved to the 2026 budget instead,” he added.

‘I Didn’t Bribe Anyone’

Responding to allegations that he paid officials to secure the agency’s inclusion, Adeyemi denied offering bribes, maintaining that no money changed hands throughout the process.

He admitted only promising to offer employment opportunities if the agency eventually became operational.

“Honestly, I didn’t pay anybody. The only promise I made was that when the agency started employing people, I could help them secure jobs.

“That was the favour I promised. No money exchanged hands,” he said.

‘I Was Shocked To See PFIPC In The Budget’

Adeyemi said his arrest brought all efforts regarding the proposed agency to an abrupt end, adding that he even advised one of the officials assisting him to discontinue the process.

“Immediately I got into trouble, everything stopped. The woman who was helping me kept calling because she couldn’t reach me. I told her to forget about it.”

He said he was surprised to later learn that the agency had appeared in the Federal Government’s budget.

“I didn’t even know it had been included until people told me it was in the budget. At that point, I was already facing court proceedings. Why would I still be pursuing the budget?” he said.

When asked whether Budget Office officials might have inserted the agency after his arrest, he replied:

“I honestly don’t know. Once my problems started, I stopped following everything.”

‘I Never Met Gbajabiamila’

Addressing allegations that he paid $400 million to facilitate his appointment, Adeyemi claimed the funds were provided in United States dollars through his late associate, Dolapo Tanimola.

However, he said he could not confirm whether the money ever reached the President’s Chief of Staff.

When asked who received the money, he replied:

“Dolapo.”

Adeyemi further insisted he had never met Femi Gbajabiamila before or after his appointment, maintaining that Tanimola handled every aspect of the process.

“I never met Gbajabiamila physically, either before or after the appointment. Dolapo Tanimola handled everything on my behalf,” he said.

As of the time of filing this report, the Presidency and the Budget Office have not publicly responded to Adeyemi’s allegations.