Adeniyi Adeyemi arrested in Nigeria over fake PFIPC agency

Adeniyi Adeyemi, who styles himself as Director‑General of the non‑existent Presidential Foreign Investment Promotion Council (PFIPC), was arrested in Osun State by the Nigeria Police Intelligence Response Team after a Federal High Court bench warrant was issued for forgery, fraud and impersonation charges. He is to be arraigned on 30 September 2026.

Adeyemi has claimed he paid ₦400 million to secure the appointment and alleged that the PFIPC received a ₦1.3 billion allocation in the 2026 federal budget, prompting calls for a parliamentary inquiry. The Presidency maintains the agency never legally existed and says forged documents bearing Chief of Staff Femi Gbajabiamila’s signature were used.

US lobbying firm Von Batten‑Montague‑York, engaged by former Vice President Atiku Abubakar, announced it would brief senior members of the Trump administration about the arrest, alleging the timing was meant to prevent Adeyemi from providing evidence to US authorities. The firm said it had been preparing to submit documentary evidence and a sworn statement to the United States government.

The case has drawn attention from lawmakers, civil‑society groups and opposition politicians, with several high‑profile witnesses slated to testify, including the President’s Chief of Staff and officials from the Accountant‑General’s Office.