The House of Representatives Committee investigating the controversial Presidential Foreign Investment Promotion Council (PFIPC) has directed the Inspector-General of Police (IGP) to produce the organisation’s self-proclaimed Director-General, Adeyemi Adeniyi, before lawmakers by 12 noon on Wednesday.
The directive was issued on Monday during a resumed investigative hearing at the National Assembly after the Nigeria Police Force confirmed that criminal investigations into Adeniyi’s activities were ongoing.
The committee is examining how the PFIPC, which lawmakers say was never legally established, allegedly secured office accommodation at the Federal Secretariat in Abuja and received a ₦1.32 billion allocation in the 2026 Appropriation Act.
Representing the IGP, Assistant Commissioner of Police Bashir Abdullahi told the committee that the police had filed an eight-count charge against Adeniyi at the Federal High Court over allegations of conspiracy and fraud.
According to Abdullahi, the investigation followed petitions from the Office of the Chief of Staff to the President, which accused Adeniyi of falsely presenting himself as the Director-General of both the Presidential Economic Advisory Council and the PFIPC.
The police alleged that Adeniyi used the purported office to secure accommodation at the Federal Secretariat, seek approval to recruit about 300 personnel, attempt to obtain a US$1.3 billion allocation for the agency, and plan a World Investment Summit under the council’s name.
The committee also heard that signatures on documents purportedly issued by the Office of the Chief of Staff did not correspond with authentic government records, raising concerns over alleged forgery.
Committee Chairman Yusuf Gagdi said investigators had identified 29 documents suspected to have been forged, including purported approvals from the State House, the Office of the Secretary to the Government of the Federation, the Office of the Head of the Civil Service of the Federation, the Federal Ministry of Finance and other government agencies. He said representatives of the affected institutions had appeared before the committee and disowned the documents.
Gagdi said Adeniyi’s appearance before the committee was necessary because the allegations raised questions about the integrity of several key government institutions. He added that while the committee would avoid interfering with the ongoing police investigation, it would continue its own inquiry and make recommendations after concluding its findings.
