PFIPC Scandal: Leaked Documents Expose How Disowned DG Secured CBN Accounts, Federal Office

A series of official correspondences between key government institutions and Adeniyi Adeyemi, the disputed Director-General of the Presidential Foreign Intervention Promotion Council (PFIPC), has revealed how the council allegedly operated within the Federal Government system before its legitimacy was questioned.....KINDLY READ THE FULL STORY HERE▶

Documents reviewed indicate that the Office of the Secretary to the Government of the Federation (OSGF), the Office of the Accountant-General of the Federation (OAGF), and the Central Bank of Nigeria (CBN) processed requests from the PFIPC, apparently treating it as a recognised agency under the Presidency.

The Presidency has since accused Adeyemi of forging official government documents, including State House letterheads, appointment letters and approval documents. Adeyemi has denied the allegations and insists he will clear his name in court.

The controversy came to light on October 16, 2025, when the Ministry of Foreign Affairs sought clarification from the Chief of Staff to the President, Femi Gbajabiamila, and the National Security Adviser regarding Adeyemi’s status. The enquiry followed a meeting Adeyemi held with members of the diplomatic community on October 10 without the ministry’s involvement.

Responding on October 27, Gbajabiamila reportedly informed the ministry that the PFIPC was not a recognised government agency.

He also advised government institutions to verify any correspondence purportedly issued from his office before taking action and subsequently petitioned the Nigeria Police Force and the Department of State Services (DSS) to investigate the matter.

According to the documents, Adeyemi’s claim to the office was based on a purported appointment letter dated March 8, 2024, which stated that President Bola Tinubu had approved his appointment as Director-General of the Presidential Foreign Investment Promotion Council with effect from March 1, 2024.

The letter appeared on State House letterhead and bore a signature above the name of the Chief of Staff. However, Gbajabiamila has denied authorising or signing the document.

Further records obtained by Premium Times show that on July 29, 2025, the Office of the Accountant-General requested the CBN to open domiciliary accounts for two government agencies, including the PFIPC.

The CBN subsequently confirmed on August 13, 2025, that it had opened both dollar and pound sterling accounts for the council. The accounts were reportedly created under the name “Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council World Investment Summit.”

Earlier, on January 13, 2025, Adeyemi had written to the Accountant-General requesting self-accounting status for the council. Although the request was made on State House letterhead, it was signed by Adeyemi in his capacity as Director-General of the PFIPC.

In the letter, he claimed the agency had been assigned Administrative Code Number 0111062001 under the National Chart of Accounts.

Following subsequent correspondence, the Office of the Accountant-General granted the council provisional self-accounting status for six months, effective May 27, 2025.

Documents also show that Adeyemi wrote to the OSGF on November 7, 2024, requesting office accommodation. The request was later forwarded alongside those of other Ministries, Departments and Agencies (MDAs) to the Economic and Financial Crimes Commission (EFCC) for possible allocation of office space from recovered Federal Government properties.

Court filings indicate that the PFIPC eventually operated from the second floor of the Federal Secretariat Complex in Abuja.

In April 2025, Adeyemi also requested accounting and audit personnel from the Office of the Accountant-General, leading to the deployment of at least three civil servants to the agency on August 28, 2025.

On September 1, 2025, he wrote to the Ministry of Foreign Affairs requesting a Note Verbale to the United States Embassy to facilitate visa applications for seven delegates travelling with him to attend the African Economic Global Convergence Summit 2025. It remains unclear whether the ministry approved the request.

Police commenced investigations into the alleged forgery on October 23, 2025, before arresting Adeyemi four days later at the Federal Secretariat office from which he was operating.

The Federal Government has since filed an eight-count charge against him before the Federal High Court. The case is scheduled to be heard on July 27.