The House of Representatives Ad-hoc Committee investigating the controversial Presidential Foreign Investment Promotion Council (PFIPC) has issued a 48-hour ultimatum to the Inspector-General of Police, Olatunji Disu, directing him to produce the self-acclaimed Director-General of the agency, Prince Adeyemi Adeniyi, before lawmakers by 12 noon on Wednesday, July 29.
The directive was issued during Monday’s resumed investigative hearing at the National Assembly in Abuja, chaired by Rep. Yusuf Gagdi, as lawmakers intensified their probe into the unestablished council.
Key Revelations & Investigative Findings
During the hearing, testimony provided by the Nigeria Police Force revealed severe administrative breaches surrounding the creation and operations of the council:
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29 Forged Official Documents: The committee disclosed that it has uncovered approximately 29 suspected forged government documents, including fraudulent approvals purportedly originating from the State House, the Office of the Chief of Staff to the President, the Office of the Secretary to the Government of the Federation (SGF), and the Ministry of Finance.
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Signature Discrepancies: Representing the IGP, Assistant Commissioner of Police (ACP) Bashir Abdullahi confirmed to lawmakers that signatures on documents issued under the Office of the Chief of Staff to the President did not match authentic official records.
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₦1.32 Billion Allocation & Recruitment Schemes: Investigations revealed that despite having no legal backing, the agency secured office accommodation at Phase III of the Federal Secretariat Complex in Abuja, attempted to recruit 300 personnel, and secured a ₦1.32 billion budgetary allocation in the 2026 Appropriation Act.
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8-Count Criminal Charge: ACP Abdullahi disclosed that police had already arrested and arraigned Adeyemi before a Federal High Court on an eight-count charge bordering on forgery, fraudulent misrepresentation, and impersonation following petitions from the Office of the Chief of Staff to the President.
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│ PFIPC INVESTIGATION SUMMARY │
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│ • Disputed Agency : Presidential Foreign Investment Promotion Council │
│ │
│ • Key Suspect : Prince Adeyemi Adeniyi (Self-proclaimed DG) │
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│ • Uncovered Items : ~29 forged approvals, ₦1.32bn allocation attempt, │
│ and illegal office space at Federal Secretariat. │
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│ • Legislative Order: IGP to produce Adeyemi before the panel by │
│ Wednesday, July 29, at 12 noon. │
└────────────────────────────────────────────────────────────────────────┘
(Sources: House of Representatives Press Corps & Nigeria Police Force Briefings)
Panel Rationale
Explaining the necessity of Adeyemi’s physical appearance, Committee Chairman Yusuf Gagdi emphasized that the integrity of major state institutions and high-ranking public officials had been implicated:
“This committee clearly needs the suspected DG to appear before this panel. People’s names are involved. People’s integrity is involved. Institutional names are involved… He must appear before lawmakers by noon on Wednesday to clarify these issues directly.” — Rep. Yusuf Gagdi, Ad-hoc Committee Chairman
Ayodele Quadri
Correspondent
