๐๐ข๐๐๐จ ๐จ๐ ‘๐๐๐ค๐’ ๐๐ ๐๐ง๐๐ฒ ๐๐ ๐๐จ๐ง๐๐ซ๐จ๐ง๐ญ๐ข๐ง๐ ๐๐๐๐ฃ๐๐๐ข๐๐ฆ๐ข๐ฅ๐ ๐ซ๐๐ฌ๐ฎ๐ซ๐๐๐๐๐ฌ
โ Punch Newspapers (@MobilePunch) July 6, 2026
A video of Prince Adeniyi Adeyemi Matthew, the man at the centre of the alleged โฆ1.3bn โghost agencyโ scandal, has resurfaced online on Monday as the controversyโฆ pic.twitter.com/HdcvGX3ti6
A press conference video of Prince Adeniyi Adeyemi Matthew, the man at the centre of the alleged โฆ1.3bn ghost agency scandal, has resurfaced online, intensifying the controversy surrounding the disputed Presidential Foreign Intervention Promotion Council.
Disputed PFIPC DG Asks Tough Questions About CBN Accounts and Budget Process in Resurfaced Video
The video, recorded during a late June 2026 press conference, shows Adeyemi challenging the Presidency’s claim that the PFIPC is fictitious, Punch reports. He questioned how a supposedly non-existent agency passed through multiple layers of budget drafting, ministerial coordination, Budget Office review and National Assembly scrutiny to appear in official documents.
“At what point in this process did references to a non-existent agency allegedly enter the official record? And if they are indeed present in official documentation, what does that imply about the integrity of the process?” Adeyemi asked.
He also challenged the Presidency over the agency’s alleged Central Bank of Nigeria accounts. “The same acclaimed non-existent agency has a domiciliary account, a pounds sterling account and a Treasury Single Account, all domiciled in the Central Bank of Nigeria. Is it even possible to open an account with fictitious documents in a commercial bank in Nigeria today, let alone the Central Bank of Nigeria?” he said.
Adeyemi also alleged that Chief of Staff Femi Gbajabiamila demanded 48 per cent of the agency’s proposed โฆ27.4bn take-off grant, referencing an alleged demand of โฆ12.5bn โ a claim the Presidency has consistently denied.
The agency was allocated over โฆ1.3bn in the 2026 Appropriation Act, comprising โฆ803m for personnel, โฆ200m for overhead and โฆ300m for capital expenditure. Adeyemi faces an eight-count charge of forgery, impersonation and operating a fictitious government agency before the Federal High Court in Abuja, where the matter returns on July 27.
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