Source Reveals How PFIPC’s Budget Was Accelerated

Controversy surrounding the disputed Presidential Foreign Intervention Promotion Council (PFIPC) has intensified following claims that the organisation secured more than ₦1.3 billion in the 2026 Appropriation Act despite allegedly failing to undergo the mandatory legislative budget defence.

Naija News understands that the scandal, centred on the council’s self-styled Director-General, Adeniyi Adeyemi, has raised fresh questions about alleged forgery, budget manipulation and possible administrative complicity within government circles.

The controversy has also prompted demands for an investigation into how the disputed body reportedly obtained office space at the Federal Secretariat in Abuja and secured an allocation in the national budget.

Adeyemi was said to have presented himself for months as the legitimate head of the council, while operating from an office within the Federal Secretariat.

From the location, he allegedly received foreign diplomats and international partners, creating the impression that the council was a recognised government agency.

The development attracted public scrutiny after the Presidency reportedly disowned the council, describing it as a fictitious organisation.

Council Allocated ₦1.3 Billion

According to Vanguard, an examination of pages 50 and 51 of the approved 2026 budget reportedly showed that the disputed organisation was listed as the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council.

The council was captured under budget code 0111062001 and allocated a total of ₦1,302,978,784.

Of the amount, ₦1,002,978,784 was earmarked for recurrent expenditure, while ₦300m was provided for capital projects.

A breakdown of the expenditure showed that ₦573,260,187 was allocated for personnel salaries, while allowances and social contributions received ₦229,718,596.

The sum of ₦182.5m was also reportedly provided for logistics connected to the proposed World Investment Summit 2026.

Another ₦11 million was budgeted for what was described as strategic negotiation for investment professionals.

Agency Allegedly Skipped Budget Defence

Legislative sources who spoke with Vanguard alleged that officials of the PFIPC did not appear before the relevant Senate committee to defend the proposed expenditure.

The council’s management was said not to have presented its estimates before the Senate Committee on Establishment and Public Service Matters, chaired by Senator Cyril Fasuyi, who represents Ekiti North.

Under the Senate Standing Orders 2023, as amended, the committee is responsible for examining the annual budget proposals of agencies placed under its supervision.

Ordinarily, after the President presents an appropriation bill, it passes through first and second readings before being referred to the appropriations committees of the Senate and House of Representatives.

Relevant subcommittees subsequently invite ministers and heads of government agencies to justify the financial ceilings assigned to them by the Ministry of Budget and National Planning.

During the exercise, lawmakers are expected to examine previous budget performance, personnel costs, capital releases and proposed projects before recommending approval.

Sources, however, claimed that the PFIPC allocation received an accelerated approval and was included in the budget without undergoing the usual scrutiny.