Accountant-General to face House panel regarding N1.32bn PFIPC budget inquiry

The House of Representatives is questioning the Accountant-General today over how a non-existent agency, the PFIPC, was allocated N1.32 billion in the federal budget.

Shamseldeen Ogunjimi, the Accountant-General of the Federation, is scheduled to attend a hearing today before a House of Representatives ad hoc committee. The session concerns a contentious N1.32 billion budgetary allocation assigned to the Presidential Foreign Investment Promotion Council (PFIPC), a body the government claims does not exist.

Led by Yusuf Gagdi, the committee is looking into how this organization obtained office space at the Abuja Federal Secretariat and secured over N1.32 billion in the 2026 Appropriation Act despite having no legal status. Members of the House intend to demand answers regarding how the agency was granted a government budget code, which allowed it to be integrated into the federal budget.

The inquiry has already included testimony from key officials, such as the head of the Civil Service, Didi Walson-Jack, and Tanimu Yakubu of the Budget Office. The investigation intensified following the apprehension of Adeyemi Adeniyi, who impersonated the PFIPC head and falsely alleged he paid N400 million to Chief of Staff Femi Gbajabiamila to gain his position. The presidency has officially dismissed Adeniyi as an impostor and rejected any connection to the supposed agency.

Future sessions will include testimony from several high-ranking officials, including Secretary to the Government of the Federation George Akume, Inspector-General of Police Olatunji Disu, and Ministers Bianca Odumegwu-Ojukwu and Taiwo Oyedele, alongside Attorney-General Lateef Fagbemi.

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