Atiku alleges PFIPC fake agency and says Tinubu government is run by fraudsters

The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, on Wednesday, declared that the conflicting accounts by the Office of the Accountant-General of the Federation, OAGF, and the Central Bank of Nigeria, CBN, over the controversial Presidential Foreign Investment Promotion Council, PFIPC, have exposed a government trapped by its own contradictions. Atiku, who insisted that Tinubu […] PFIPC scandal: Tinubu trapped, should apologize, resign – Atiku

Former Vice President and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has accused the President Bola Tinubu administration of granting undue access and legitimacy to Adeniyi Adeyemi, the self-proclaimed Director-General of the controversial Presidential Foreign Investment Promotion Council (PFIPC). In a statement issued on Tuesday by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku described Adeyemi’s recent arrest as a diversionary tactic aimed at shifting blame toward the political opposition instead of addressing deeper official complicity in the scandal. Atiku argued that the matter extends far beyond one individual’s alleged impersonation. He expressed astonishment at how the PFIPC reportedly secured diplomatic recognition, recruited over 300 personnel, and obtained office space within the Federal Secretariat under the watch of the current administration. “The scandal is not merely that one man allegedly impersonated public authority. The greater scandal is that the Tinubu administration allegedly opened the doors of the Nigerian state to Adeyemi,” Atiku stated. “This allowed him to acquire the appearance and privileges of official legitimacy and permitted him to interact with institutions and diplomatic interests in the name of the Federal Government,” he added. The former Vice President also drew attention to what he termed broader irregularities in the 2026 national budget. He specifically questioned the allocation of N6.44 billion for a ‘Special Presidential Support Group for the 2026 World Cup Qualifiers’, noting that Nigeria had already been eliminated from the competition by November 2025. The PFIPC saga has dominated headlines in recent weeks, with Adeyemi facing allegations of forgery and impersonation. The Presidency has described him as an impostor, while the case has sparked calls for a thorough independent investigation into how such an operation allegedly functioned with apparent state backing. 

African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has said the President Bola Tinubu administration opened the doors of the Nigerian state to Adeniyi Adeyemi, the self-acclaimed Director-General of the controversial Presidential Foreign Investment Promotion Council, PFIPC. The ex-Vice President also described Adeyemi’s arrest as a tactics to shift blame toward the political opposition rather […] PFIPC scandal: Tinubu administration opened doors of Nigerian state to Adeyemi

Former Vice President and presidential candidate of the African Democratic Congress, Atiku Abubakar, has explained why President Bola Ahmed Tinubu bowed to pressure to order the Independent Corrupt Practices and Other Related Offences Commission to investigate the Presidential Foreign Intervention Promotion Council, PFIPC, and its embattled director general, Adeniyi Adeyemi.  In a statement by his […] Gbajabiamila: Real reason Tinubu ordered investigation into PFIPC, Adeyemi- Atiku

 The 2027 Presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, has countered claims in some quarters linking the alleged fake agency, the Presidential Foreign Investment Promotion Council, PFIPC to former President Muhammadu Buhari   The alleged discovery of PFIPC as a fake agency had sparked national debate as top government officials were linked to the operation of the agency.   Concerned Nigerians had called for an independent investigation to unravel how the agency was established and funded for two years under Prince Adeniyi Adeyemi, the self-acclaimed Director General.   However, claims by some All Progressives Congress, APC stalwarts and supporters of the President Bola Tinubu administration said the agency was established under Buhari.   But in a statement by his media aide, Paul Ibe, Atiku said “what Buhari created in September 2019 was the Presidential Economic Advisory Council, PEAC, which was chaired by renownedeconomist, Dr Doyin Salami.   According to the statement posted on his X handle, Ibe alleged that PFIPC was only a “manifestation of Tinubu’s 'tiwa tiwa' government”.   He wrote, “No matter how they try to spin it, the existence of the PFIPC, and how it “outsmarted' senior officials of government, SGF, CoS, the Ministry of Finance regulatory agencies, CBN, the NASS under leadership of Akpabio and Abbas, anti-corruption agencies, EFCC and security agencies, Nigeria Police, DSS, is a confirmation of how incompetent and clueless President Bola Ahmed Tinubu is.   “They should stop wasting our time and resources looking for scapegoats.   “The buck stops on the table of #Emilokan. It is not only his turn to “grab, snatch, and run” with power, it is also high time he shows accountability and lives up to his response, according to his oath of office”.

The 2027 Presidential candidate of the African Democratic Congress, ADC Atiku Abubakar has countered claims in some quarters linking the alleged fake agency, the Presidential Foreign Investment Promotion Council, PFIPC to former President Muhammadu Buhari DAILY POST reports that the alleged discovery of PFIPC as a fake agency had sparked national debate as top government […] Alleged fake agency: Buhari didn’t create PFIPC – Atiku counters claims, slams Tinubu