Nigeria's Ghost Agency Got an Office, a Bank Account, and Nearly $1 Million in the National Budget. Nobody Noticed for Over a Year.
It started with a forged letter. It ended with a fictitious government council securing office space at Nigeria's Federal Secretariat, opening bank accounts with the Central Bank of Nigeria, appearing in the 2026 national budget with an allocation of ₦1.3 billion approximately $944,300 and operating for over a year before anyone in the government formally raised an alarm. The story of the Presidential Foreign Intervention Promotion Council is not just a tale of individual fraud. It is a forensic map of exactly how Nigeria's institutional oversight fails. Prince Adeniyi Adeyemi Matthew, PFIPC's director general. The Man Behind the Council Prince Adeniyi Adeyemi Matthew presented himself as the Director-General of the Presidential Foreign Intervention Promotion Council, claiming the agency had been established in 2024 to attract foreign investment to Nigeria . To support that claim, he produced an appointment letter bearing the name of Chief of Staff to the President Femi Gba...