PFIPC: Court Denies Adeniyi Adeyemi Bail

State House Denies Authorising Fake Investment Council

A legislative probe into a fake presidential council exposed deep weakness in the federal bureaucracy on Thursday. The State House told lawmakers it never approved or created the Presidential Foreign Investment Promotion Council. Yet the fake agency secured budget codes, seized secretariat offices, and obtained official government vehicle number plates. Federal Road Safety Corps officials…

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PFIPC: Court Denies Adeniyi Adeyemi Bail

PFIPC: Adeyemi Accuses Other Ministries Over Scandal

Adeniyi Adeyemi, the detained head of a disputed presidential investment council, is fighting back against accusations that he invented the fake federal agency out of thin air. His legal team insists that key state institutions actively approved, funded, and housed the body over an extended period. The unfolding scandal exposes alarming gaps across Nigeria’s administrative…

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