PFIPC Scandal: We Rejected Three Requests by Adeyemi to Host Summit — Foreign Affairs Ministry

The Federal Ministry of Foreign Affairs has disclosed that it rejected three separate requests from Prince Adeniyi Adeyemi, who presented himself as the Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), seeking the ministry’s endorsement to host a World Investment Summit in Nigeria.

The disclosure was made by the ministry’s Permanent Secretary, Ambassador Dunoma Umar Ahmed, during his appearance before the House of Representatives Ad Hoc Committee investigating the alleged establishment of the PFIPC and its inclusion in the 2026 Appropriation Act despite concerns over its legal status.

Ahmed explained that the ministry neither approved any of the requests nor had any official dealings with the council. He said the ministry became suspicious after receiving correspondence from Adeyemi and subsequently sought clarification from the Office of the National Security Adviser regarding the legitimacy of the council and its activities.

According to the permanent secretary, Adeyemi approached the ministry on three occasions, requesting collaboration and official backing for the proposed World Investment Summit. However, the ministry declined the requests because it could not verify the legal status of the council or the authority under which it was operating.

The House committee is investigating the circumstances surrounding the operations of the PFIPC, including allegations that it functioned without legal backing and received a budgetary allocation in the 2026 Appropriation Act. As part of its inquiry, the committee has also invited relevant government officials to provide explanations regarding the activities of the council.

The latest revelation adds a fresh dimension to the ongoing PFIPC controversy, as lawmakers continue efforts to unravel the circumstances surrounding the establishment, funding and operations of the purported council.