Reported by: Oahimire Omone Precious | Edited by: Oravbiere Osayomore Promise.
The Inspector-General of Police, Olatunji Rilwan Disu, has explained why the alleged self-acclaimed Director-General of the purported Presidential Foreign Investment Promotion Council (PFIPC), Prince Adeyemi Adeniyi, was not produced before the House of Representatives Ad-Hoc Committee investigating the activities of the controversial agency. The IGP, speaking through his representative at the investigative hearing on Tuesday, July 28, 2026, told lawmakers that Adeniyi had already been arrested, arraigned, and charged before a Federal High Court on an eight-count criminal charge, and that producing him before the committee could prejudice the ongoing criminal proceedings.
The House Ad-Hoc Committee, chaired by Hon. Yusuf Gagdi, had summoned the IGP to produce Adeniyi before it by noon on Wednesday, July 29, 2026, following the uncovering of 29 allegedly forged documents linked to the purported agency. The committee is investigating how the PFIPC, which the Presidency has disowned, secured office accommodation at the Phase III Federal Secretariat in Abuja and received a ₦1.32 billion allocation in the 2026 Appropriation Act.
Appearing before the committee, Assistant Commissioner of Police Bashir Abdullahi, who represented the IGP, confirmed that the police had already arrested and arraigned Adeniyi before the Federal High Court on an eight-count charge. He disclosed that police investigations commenced after the police received a petition dated October 17, 2025, from the Office of the Chief of Staff to the President, alleging that Adeniyi falsely presented himself as the Director-General of both the Presidential Economic Advisory Council and the Presidential Foreign Investment Promotion Council.
According to the police, further petitions alleged that Adeniyi used the purported office to secure accommodation at the Federal Secretariat, sought approval to recruit about 300 personnel, attempted to secure a ₦1.3 billion budget allocation for the agency in the 2026 fiscal year, and planned to organise a World Investment Summit under the council's platform. Abdullahi cautioned the committee against disclosures that could prejudice the ongoing criminal proceedings, stating: "The Nigerian Police Force investigated part of this case late last year and filed eight-count charges before a Federal High Court. The case is ongoing. We don't want to say things that are under investigation. It is definitely going to prejudice the ongoing investigation and make people have opinions that may prejudge the outcome of an investigation or judicial decision".
However, the committee chairman, Yusuf Gagdi, insisted that Adeniyi's appearance before the panel was essential to resolve outstanding questions and clarify contentious issues, particularly given the gravity of the allegations and the government institutions implicated in the matter. Gagdi stated: "This committee clearly needs the suspected DG to appear before this committee. People's names are involved. People's integrity is involved. Institutional names are involved. Institutional integrity is involved. It is not an option now. We will need him here to confirm some documents to us in such a way that will not undermine our investigation". He subsequently directed the IGP to produce Adeniyi before the committee by noon on Wednesday.
The committee also heard testimony from the Accountant-General of the Federation, Shamseldeen Babatunde Ogunjimi, who confirmed that his office issued an administrative code to the PFIPC based on which it was included in the 2026 Appropriation Act. However, Ogunjimi explained that his office acted based on a correspondence from the State House requesting the creation of an administrative code for the agency, adding that the correspondence later turned out to be fake. He also disclosed that a letter of authentication written to the Presidency was intercepted by Adeniyi before it could reach the State House.
The committee has so far uncovered 29 allegedly forged documents, including a purported Act of the National Assembly, approvals from the State House, the Office of the Secretary to the Government of the Federation, the Office of the Head of the Civil Service of the Federation, and the Ministry of Finance. The investigation is aimed at identifying institutional weaknesses and recommending measures to prevent similar occurrences in the future. As the committee wraps up its investigation, the question of whether the police will produce Adeniyi before the panel on Wednesday remains unresolved, with the IGP's office maintaining that the suspect is already in court facing criminal charges.
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