The Accountant-General of the Federation, Shamseldeen Ogunjimi, is expected to appear before the House of Representatives ad hoc committee today as lawmakers intensify their investigation into the controversial ₦1.32 billion budget allocation to the Presidential Foreign Investment Promotion Council (PFIPC), an agency the Federal Government says does not legally exist.
The committee, chaired by Yusuf Gagdi, is probing how the PFIPC allegedly secured office space at the Federal Secretariat in Abuja and was allocated more than ₦1.32 billion in the 2026 Appropriation Act, despite reportedly lacking legal recognition.
Lawmakers are expected to question Ogunjimi over how the council obtained a government budget code, which enabled its inclusion in the 2026 federal budget.
The investigation forms part of broader efforts by the House to uncover how the agency allegedly operated within government structures without official legal backing.
Committee Questions Key Government Officials
As part of the ongoing probe, the committee has already received testimonies from several top government officials, including the Head of the Civil Service of the Federation, Didi Walson-Jack, the Director of Banking Services at the Central Bank of Nigeria (CBN), Abdullahi Hamisu, and the Director-General of the Budget Office, Tanimu Yakubu.
The lawmakers are examining the processes that led to the agency’s appearance in the national budget and the institutions that may have facilitated its operations.
Probe Deepens After Arrest of Alleged Fake PFIPC Boss
The investigation gained further attention following the arrest of Adeyemi Adeniyi, who allegedly posed as the Director-General of the PFIPC.
According to the allegations, Adeniyi claimed he paid ₦400 million through an intermediary to the Chief of Staff to the President, Femi Gbajabiamila, in a bid to secure the appointment.
However, both the Presidency and Gbajabiamila have denied any association with Adeniyi, describing him as an impostor and distancing themselves from the alleged agency.
More Top Officials Expected to Testify
The House committee is also expected to hear from other senior government officials as the investigation continues.
Those expected to appear before the panel include the Secretary to the Government of the Federation (SGF), George Akume; Inspector-General of Police, Olatunji Disu; Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu; Minister of Finance and Coordinating Minister of the Economy, Wale Edun; and the Attorney-General of the Federation, Lateef Fagbemi.
The committee is expected to determine how the agency gained access to government resources and whether due process was followed in allocating public funds to the council.
