The House of Representatives ad hoc committee investigating the controversial establishment and operations of the Presidential Foreign Investment Promotion Council (PFIPC) is expected to question the Accountant-General of the Federation (AGF), Shamseldeen Ogunjimi, today as its inquiry enters its third week.
The committee, chaired by Yusuf Gagdi, who represents the Kanke/Kanam/Pankshin Federal Constituency of Plateau State, is investigating how an organisation the Federal Government has described as non-existent allegedly secured office accommodation within the Federal Secretariat Complex in Abuja and received more than N1.32 billion in the 2026 Appropriation Act.
The probe has attracted public attention amid concerns over how the agency allegedly operated within government structures despite lacking legal recognition, raising questions about public financial management and institutional oversight.
At today’s hearing, Ogunjimi is expected to explain the process through which the PFIPC obtained a government budget code, enabling it to appear in the 2026 national budget despite questions surrounding its legal status.
His testimony is expected to shed further light on the budgetary and financial procedures that facilitated the agency’s inclusion in the Federal Government’s expenditure framework.
Since the investigation began, the committee has heard from several senior government officials whose testimonies highlighted apparent gaps in administrative processes that allowed the agency to function as though it had official approval.
Those who have appeared before the panel include the Head of the Civil Service of the Federation, Didi Walson-Jack; the Director of Banking Services at the Central Bank of Nigeria, Abdullahi Hamisu; and the Director-General of the Budget Office of the Federation, Tanimu Yakubu.
According to the committee, their testimonies focused on the sequence of events that enabled the PFIPC to navigate bureaucratic processes, obtain official documentation and become integrated into aspects of the federal administrative system despite concerns over its legitimacy.
The investigation gained further momentum following the arrest of Adeyemi Adeniyi, who allegedly presented himself as the Director-General of the PFIPC.
Adeniyi was arrested by operatives of the Nigeria Police Force after allegedly claiming that he paid N400 million through an intermediary to the Chief of Staff to the President, Femi Gbajabiamila, to facilitate his appointment as head of the council.
The allegation generated widespread public interest because of its implications for transparency and accountability within government institutions.
The Presidency and Gbajabiamila have both denied any connection to Adeniyi or the claims attributed to him.
The Presidency described him as an impostor, while the Chief of Staff dismissed the allegations as false, insisting that neither he nor the Presidency had any involvement in the establishment or operations of the purported agency.
Government officials have consistently maintained that the PFIPC is not a legally established federal agency, further raising questions about how it allegedly secured office space, processed official documentation and obtained budgetary allocations.
The committee is expected to determine whether administrative failures, institutional negligence or deliberate misconduct enabled the agency to operate within the federal bureaucracy.
Several senior government officials are also expected to appear before the panel as the investigation continues.
They include the Secretary to the Government of the Federation (SGF), George Akume; the Inspector-General of Police (IGP), Olatunji Disu; the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu; the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele; and the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi.
The committee said their testimonies would help establish whether due process was followed at various stages of the agency’s emergence and whether any public officials facilitated its activities.
The House panel has reiterated its commitment to conducting a thorough, transparent and impartial investigation, maintaining that anyone found culpable would be held accountable in accordance with the law.
Lawmakers said the inquiry is aimed at strengthening public institutions, safeguarding public funds and restoring confidence in government systems by identifying weaknesses that allowed the controversy surrounding the PFIPC to arise.
