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From Ndubuisi Orji, Abuja
The State House yesterday told the House of Representatives Ad-hoc Committee investigating the operations of the Presidential Foreign Investment Promotion Council (PFIPC) that it never requested the Office of the Accountant-General of the Federation (OAGF) to generate a budget code for the agency.
Permanent Secretary, State House, Temitope Fashedemi, represented by the Director of Administration, Abdulkadir Idris, said the Presidency neither wrote to nor received any correspondence from the OAGF regarding the creation of a budget code for the PFIPC.
Fashedemi also denied claims that the State House sought approval for the establishment of the council.
“We did not send any correspondence or request to the Office of the Accountant-General in respect of this council. We don’t even know anything about this council. We only heard about it when it started appearing in the news.”
He further stated that the letter purportedly signed by one “Akande Adewale” as Director of Administration and Support Services could not have originated from the State House because neither the office nor the official exists in the Presidency.
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The PFIPC has come under intense scrutiny after the Presidency declared it an unauthorised agency. It was also revealed that the “phantom” agency received an allocation in the 2026 Appropriation Act and opened accounts with the Central Bank of Nigeria (CBN).
During the ongoing investigation, the OAGF told the committee that it generated a budget code for the PFIPC based on a letter purportedly written by the State House.
Meanwhile, the Federal Road Safety Corps (FRSC) told the panel that it allocated official Federal Government vehicle number plates to the PFIPC only after carrying out what it described as extensive verification.
In a memorandum dated August 6, 2026, submitted to the committee, the Corps Marshal, Shehu Mohammed, said the FRSC was shocked to learn that the council was not an approved government agency.
Mohammed explained that the verification process included examining documents portraying President Bola Tinubu as Chairman of the council, checking a Federal Government domain website, and physically visiting the council’s purported office at the Federal Secretariat Complex in Abuja.
