PFIPC: Court Denies Adeniyi Adeyemi Bail

PFIPC: Court Denies Adeniyi Adeyemi Bail

A Federal High Court sitting in Abuja declined to grant bail or private medical access to Prince Adeniyi Adeyemi Mathew on Thursday, 3 September 2026. The 38-year-old suspect ran a phantom government agency known as the Presidential Foreign Investment Promotion Council. Justice Obiora Egwuatu refused to order his immediate release from police cells without first…

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Senate Gives NNPC Auditors One Week to Explain N210trn

Senate Awaits Anti-Graft Probe Results on PFIPC Budget Scandal

The Nigerian Senate has deferred legislative action on the controversy surrounding a fictitious presidential agency that successfully secured a N1.3 billion allocation in the 2026 national budget. Lawmakers resolved to pause any independent parliamentary inquiries until the Independent Corrupt Practices and Other Related Offences Commission concludes its ongoing criminal investigation. This tactical pause prevents an…

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PFIPC Scandal: ADC Wants Judicial Inquiry, Names 10 Institutions For Probe

  A fresh political storm has gathered around the Presidency as the African Democratic Congress pressed for an independent judicial commission of inquiry into the controversy surrounding the Presidential Foreign Intervention Promotion Council, insisting that the affair has grown far beyond the fate of a single official and now touches the credibility of the Nigerian…

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Adeyemi,  The N1.3bn Agency The Presidency Says Never Existed

  Prince Adeniyi Adeyemi Matthew has spent the better part of two years moving through the corridors of official Abuja with the confidence of a man who belonged there. He held meetings inside the Federal Secretariat, received foreign delegations, exchanged handshakes with directors-general and lawmakers, and signed correspondence as the Director-General of the Presidential Foreign…

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