The House of Representatives ad hoc committee investigating the operations of the Presidential Foreign Investment Promotion Council (PFIPC) is set to question the Accountant-General of the Federation, Shamseldeen Ogunjimi, as its investigation enters the third week.
The committee, chaired by Yusuf Gagdi, is probing how an organisation the Federal Government has described as non-existent allegedly secured office accommodation within the Federal Secretariat Complex in Abuja and received more than ₦1.32 billion in the 2026 Appropriation Act.
Lawmakers are expected to seek clarification from the Accountant-General on how the PFIPC obtained a government budget code, enabling it to appear in the national budget despite concerns over its legal status.
The committee believes his testimony will shed light on the financial and administrative processes that facilitated the agency’s inclusion in the federal budget.
Since the investigation began, the panel has heard from several senior government officials, including the Head of the Civil Service of the Federation, Didi Walson-Jack, the Director of Banking Services at the Central Bank of Nigeria, Abdullahi Hamisu, and the Director-General of the Budget Office of the Federation, Tanimu Yakubu.
Their testimonies focused on how the PFIPC was able to obtain official documentation and operate within government structures despite questions surrounding its legitimacy.
The probe gained further attention following the arrest of Adeyemi Adeniyi, who allegedly presented himself as the Director-General of the PFIPC.
According to the committee, Adeniyi claimed he paid ₦400 million through an intermediary to the Chief of Staff to the President, Femi Gbajabiamila, to secure his appointment.
The Presidency and Gbajabiamila have denied the allegation, describing Adeniyi as an impostor and maintaining they had no involvement in the establishment or operations of the purported agency.
Government officials have consistently stated that the PFIPC is not a legally established federal agency, raising questions over how it obtained office space, official documentation and budgetary allocations.
The committee is expected to determine whether administrative lapses, institutional negligence or deliberate misconduct enabled the agency to operate within the federal bureaucracy.
Several senior officials are also expected to appear before the panel, including the Secretary to the Government of the Federation, George Akume; the Inspector-General of Police, Olatunji Disu; the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu; the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele; and the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi.
The House committee said its investigation is aimed at strengthening public institutions, safeguarding public funds and ensuring accountability by identifying any failures that allowed the PFIPC controversy to occur.
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