PFIPC scandal: Reps summon Foreign Affairs Minister, NSA
House Committee Summons Officials Over Alleged Presidential Foreign Investment Council
The House of Representatives ad-hoc committee investigating the purported establishment of the Presidential Foreign Investment Promotion Council (PFIPC) has summoned the Minister of Foreign Affairs and the National Security Adviser (NSA) to provide clarity on the council’s operations amid questions regarding its legitimacy.
This development follows a memorandum submitted by the Permanent Secretary of the Ministry of Foreign Affairs, Dunoma Ahmed, which indicated that the ministry had no formal interactions with the PFIPC. Instead, the ministry sought clarification from the NSA after irregularities were identified in correspondence related to the council.
During the committee session held on Tuesday, Ahmed revealed that Prince Adeniyi Adeyemi, who claimed to be the Director-General of both the Presidential Economic Advisory Council and the PFIPC, had approached the ministry on three occasions seeking collaboration and endorsement for a proposed World Investment Summit in Nigeria. These requests were made on June 26, 2025; August 5, 2025; and June 5, 2026, but the ministry did not act on them.
Ahmed cited “extant rules and regulations” and the need for due diligence as reasons for the ministry’s inaction. The letter stated, “The Ministry’s refusal to oblige the requests was necessitated by some discrepancies observed in the letters submitted by Prince Adeyemi and the ongoing investigation on the legitimacy of the PFIPC and its alleged director-general.”
Furthermore, the ministry had reached out to the NSA on October 16, 2025, to clarify Adeyemi’s status. The NSA responded on November 26, 2025, indicating that Adeyemi was unknown to any federal government office.
The ministry reiterated its lack of affiliation with the PFIPC, stating, “The Ministry did not participate in any diplomatic engagement or bilateral and multilateral discussions held by the PFIPC. The Ministry has never had any official interaction or engagement with the PFIPC or its alleged Director-General.”
Committee member Abubakar Hassan Fulata questioned why stronger actions were not taken after the ministry received confirmation of the council’s lack of legal recognition. He asked, “After confirming from the Office of the Secretary to the Government of the Federation and the Office of the Chief of Staff to Mr. President that this entity does not exist legally, did you communicate to the so-called Director-General… that this organization is illegal and that you should not interact with it any further?”
In response to the concerns, the committee chairman stated that the ministry acted appropriately by referring the matter to the national security adviser but emphasized that the NSA must now account for subsequent actions taken.
