Connect with us

News

See how CBN opened domiciliary accounts for PFIPC phantom agency

Published

on

The Central Bank of Nigeria on Monday said it had opened two foreign-currency domiciliary accounts for the controversial Presidential Foreign Investment Promotion Council (PFIPC).

This is as the Chief of Staff to the President, Femi Gbajabiamila, appeared at the headquarters of the Independent Corrupt Practices and Other Related Offences Commission to testify in the ongoing investigation into the activities of the fictitious agency.

The apex bank’s admission came at the public hearing convened at the National Assembly Complex by the House of Representatives Ad-hoc Committee investigating the existence and operations of the PFIPC, chaired by Yusuf Gagdi and inaugurated by Speaker Tajudeen Abbas.

The PUNCH gathered that Monday’s hearing revealed critical gaps in the bureaucratic processes that allowed the fictitious agency to obtain the functional perks accorded to real government agencies.

Represented by the Director of its Banking Services Department, Hamisu Ibrahim, the CBN said the accounts, one in US dollars, the other in British pounds sterling, were opened following a mandate received from the Office of the Accountant-General of the Federation.

“On July 30, 2025, we received a mandate dated July 29, 2025 from the Office of the Accountant-General. We received the mandate to authorise two accounts, one a US dollar domiciliary account, the other a pound domiciliary account, for the Presidential Economic Advisory Council/Presidential Foreign Investment Promotion Council,” Ibrahim told the committee.

He explained the CBN’s verification process, saying, “The process of opening an account requires a mandate from the Office of the Accountant-General of the Federation.

“Once we receive that mandate, we perform all the necessary verifications to confirm that this mandate is actually coming from that office.

“The department that handles the mandate is different from the department that actually does the account opening,” he said.

Nevertheless, he noted that no one came to activate the accounts after they were opened.

“We did not receive any correspondence, mandate, signature or mandate cards. We were not introduced to the authorising or approving officers.

“Based on that, those accounts remain inactive, with zero balance. There have been no foreign exchange allocations.

“The accounts have maintained zero balance from inception to date and have never recorded any inflow or outflow,” Ibrahim said, adding that a statement of account had been attached to the committee’s records.

However, the CBN’s account directly contradicted an earlier submission by Accountant-General Shamseldeen Ogunjimi, who had claimed that no accounts were opened in the PFIPC’s name.

Walson-Jack testifies

Also testifying before the committee, the Head of the Civil Service of the Federation, Didi Walson-Jack, said her office never allocated any space to the PFIPC.

See also  PHOTOS: Severely malnourished child found abandoned under scorching sun in Benue makes remarkable recovery

Records available to the Office of the Head of the Civil Service, she said, showed that the office space reportedly occupied by the council at the Federal Secretariat Phase III had been officially allocated to the Office of the Secretary to the Government of the Federation, not to the fictitious council.

“There is speculation that the council occupied office space in the Federal Secretariat Phase III. We can state categorically that the Office of the Head of the Civil Service of the Federation did not allocate any office space to the council.

“The office space indicated as the council’s official address forms part of the office accommodation allocated to the Office of the Secretary to the Government of the Federation for the use of the OSGF and presidential bodies,” she said.

Walson-Jack, however, told the committee that during the 2025 Annual Manpower Budget Defence Exercise, the council submitted additional documents through one Patricia Akhigbe, including the appointment letter of its Director-General and details of its mandate, after which its request was processed alongside those of 87 other ministries, departments and agencies.

An authorised establishment for 314 positions was subsequently issued to the council, and a recruitment waiver followed days later, she explained.

Walson-Jack said Akhigbe had since been invited for questioning by the police.

She stressed that her office neither deployed staff to the council nor approved any recruitment, and urged the committee to direct further inquiries to the Office of the SGF.

In his ruling after the day’s hearing, committee chairman Gagdi asked the Secretary to the Government of the Federation, George Akume, and other top government functionaries to appear before the panel on Thursday.

He stated, “In continuation of this assignment, the secretariat should invite the SGF to appear and brief this committee on the issues raised.

“Also to appear on Thursday are the Inspector-General of Police, Minister of Foreign Affairs, Minister of Finance, the Attorney-General of the Federation and Minister of Justice as well as the Minister of Budget and National Planning.”

“Also invited are the Accountant-General of the Federation, heads of the Budget Office of the Federation, Revenue Mobilisation, Allocation and Fiscal Commission, the National Salaries, Incomes and Wages Commission.”

ICPC quizzes Gbajabiamila

Meanwhile, in fulfillment of President Bola Tinubu’s directive on July 7 ordering the ICPC to investigate the PFIPC scandal within 30 days, Gbajabiamila appeared at the commission’s headquarters in Abuja, arriving at approximately 3:00 pm and departing at around 3:30 pm.

See also  Mass abductions return, 145 missing in four days

His legal counsel, Jiti Ogunye of Jiti Ogunye Chambers, confirmed the appearance in a statement signed Monday evening titled “Gbajabiamila Responds to ICPC invitation over Ongoing Investigation into ‘PFIPC’ Fake Agency”.

Ogunye wrote, “In full cooperation with the ICPC, acting as directed by the President of Nigeria, I hereby confirm that my client, Femi Gbajabiamila, Chief of Staff to the President of Nigeria, responded to the invitation of the Independent Corrupt Practices Commission and appeared at about 15:00 hours on Monday, July 20, 2026, as part of the ongoing investigation into the activities of the ‘PFIPC’ fake agency, among others. My client gave his testimony, responded to questions accordingly, and has returned to his duty post.”

Sources within the ICPC confirmed that Gbajabiamila arrived following a formal invitation from the commission and volunteered information relevant to the probe.

“The Chief of Staff was in our office earlier today (Monday). He came to volunteer information to help our investigation on the fake agency matter. He came personally and left after he said all he knew about the matter at hand,” one source said.

Gbajabiamila’s appearance at the ICPC on Monday comes alongside the filing of a N15bn defamation suit against Adeyemi before the High Court of the Federal Capital Territory.

The Chief of Staff is seeking N10bn in general damages, N5bn in aggravated damages and N200m in costs through his legal team led by Kemi Pinheiro, SAN.

The suit stems from allegations Adeyemi made at a press conference in June that Gbajabiamila demanded a 48 per cent kickback from the agency’s purported N27.3bn take-off grant, and that N400m had already been paid through a proxy while an additional N200m was required to secure presidential approvals.

Gbajabiamila denied ever meeting or communicating with Adeyemi or authorising anyone to act on his behalf.

The suit also sought a public retraction and apology published in five national newspapers and pinned on all of Adeyemi’s social media platforms for 30 days.

Ahead of his arrest last week in Osun State, Adeyemi had, in an interview with social media influencer Martins Vincent Otse, known as VeryDarkMan, claimed he personally lobbied Budget Office officials to secure the council’s inclusion in the 2026 Appropriation Act.

He said he first approached the office in December 2024 for the 2025 budget but was told the process had closed.

Officials, he claimed, later assured him the proposal would be considered for 2026.

See also  Tinubu moves EFCC recoveries, N242bn unclaimed dividends to NELFUND

“I went to that Budget Office for the 2025 budget. I submitted the letter and everything that I wanted, but I was told it was already late,” he said.

He denied paying any bribes, saying he merely promised employment opportunities.

He also claimed he was surprised to discover that the agency appeared in the 2026 budget with a N1.3bn allocation, saying he had already been arrested by the time the appropriation was passed.

Adeyemi also distanced Gbajabiamila from the budgetary allocation, saying he had never met the Chief of Staff in person.

“I never met Gbajabiamila physically before and after he was appointed. Dolapo Tanimola handled everything for me,” he said, referencing the same associate the police said died in a hotel fire in Abuja on October 22, 2025, five days before Adeyemi’s initial arrest.

The allegations have not been independently verified, and the Budget Office has not publicly responded.

Opposition divided

Meanwhile, the arrest of Adeyemi, executed by the Intelligence Response Team following a bench warrant issued by the Federal High Court after he failed to appear for his scheduled arraignment, has drawn reactions from opposition parties.

The National Coordinator of the Obidient Movement Worldwide, Dr Yunusa Tanko, called for a public inquest, saying, “There ought to be a public inquest into the matter. We don’t want anything to be done in shrouded secrecy. This scandal is a national disgrace. There is no better way to describe it.”

The Social Democratic Party’s National Publicity Secretary, Rufus Aiyenigba, said the arrest was in order but added that Gbajabiamila should step aside.

He said “It is only fair to also ask the Chief of Staff to equally step aside. This is not the first time allegations are being levelled against him. There is a growing pattern that has become a source of concern.”

The National Publicity Secretary of the National Democratic Congress, Osa Director, alleged that Adeyemi’s arrest was being used to shield others.

Director argued, “The first condition the government has to fulfil is to ask Gbajabiamila to step aside. He cannot be a judge and accuser in his own case. Buhari did it by asking his SGF Babachir Lawal to step aside. What is the big deal about Gbajabiamila stepping aside?”

Adeyemi is due to reappear before the Federal High Court in Abuja on July 27, alongside two accomplices identified only as Femi and Anu who remain at large.

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Belgian parliament to legislate to allow police to enter homes to facilitate undocumented migrant removals

Published

on

Belgian police will soon be able, in conjunction with the Immigration Office (DVZ), to enter the homes of undocumented migrants who pose a threat to public order or national security. This is set out in a bill drafted by the Belgian Asylum and Migration Minister, Anneleen Van Bossuyt (Flemish nationalist N-VA), and Justice Minister Annelies Verlinden (Flemish Christian democrat CD&V), which has now been approved by the House Home Affairs Committee. The proposal still needs to be OKed during a plenary session of the lower house of the Belgian parliament.

Home searches like these are controversial. The aim is to make it easier to deport people residing here illegally and who persistently refuse to cooperate with efforts to facilitate their return.

The new law will make this possible. Following entry into the home, the police may place the person in question – that is, the individual who poses a threat to public order or national security – under administrative detention. However, prior authorisation from an investigating judge is required to enter the home.

Speaking to press agency Belga, Minister Van Bossuyt referred to this as “an historic breakthrough” and had previously said that this “is the final piece in a firm but humane return policy”.

“This is not a witch-hunt against people who have international protection or are simply in the country illegally (..) The law sets out clear conditions, and a search of a home can only take place with the authorisation of an investigating judge.”

(Overly) broad definitions

The bill did, however, attract a great deal of comment and was extensively discussed in parliament.

See also  PHOTOS: Madagascar’s president says a coup is underway after soldiers join anti-government protests

The opposition, the federal police, investigating judges and lawyers alike were highly critical. They believe that the exact meaning of ‘a threat to public order or national security’ has not been defined clearly enough.

“It will be up to the investigating judge to determine whether someone poses a threat to public order or national security,” says Van Bossuyt. “The judge will independently assess whether that person poses such a threat. That is a crucial test.”

Minister Van Bossuyt finds the debate strange: “The concepts of public order and national security feature in many parts of our legislation. Nowhere is a specific list provided of what they entail.” What is more, according to Van Bossuyt, the Council of State, which vets Belgian draft legislation, has explicitly stated that it is not desirable to define these concepts, as they may evolve over time.

“When the Justice Minister drafts new legislation, she isn’t asked how judges should apply that law, is she?” Van Bossuyt notes.

Van Bossuyt has also tabled an amendment to her own bill: “We have given investigating judges more time to reach a decision, from 5 days to 7.”

She emphasises that their role is not merely reduced to that of a ‘rubber-stamp judge’: “The investigating judge will absolutely not be a rubber-stamp judge, precisely because they play such a crucial role in assessing whether someone poses a threat or not. They will have access to the full case file.”

What about minors?

Another point of criticism concerns the rights of minors. According to critics, these are not sufficiently safeguarded. Government party Les Engagés (Francophone centrist) was only prepared to vote for the bill if greater protection for minors was provided.

See also  Court rejects suit seeking fresh police investigation into late singer Mohbad’s death

“When authorising a search of a home, the investigating judge must determine all the conditions under which that search may take place,” explains Van Bossuyt. “If, for example, children are present, the investigating judge can stipulate that the search must take place during school hours. In that case, the likelihood of children being present is very low.”

The investigating judge may also, for example, require a psychologist to be present during the search, says Van Bossuyt. “So, the possible presence of minors has certainly been taken into account.”

The minister also points to the responsibility of the person who poses a threat to public order or national security: “It is that person who is making life difficult for those children,” says the minister.

Desperately needed, according to Van Bossuyt

Government party, Les Engagés, did not secure all the amendments it had requested, so MP Xavier Dubois boycotted the second reading. However, his group leader, Aurore Tourneur, did defend the amendments in the House Home Affairs Committee.

This enabled the majority to approve the bill after all, with the support of the Flemish liberal opposition party Anders. Although they, too, called for further amendments.

The left-wing opposition parties voted against. The far-right Vlaams Belang abstained. According to MP Francesca Van Belleghem, the law has been “so watered down by coalition negotiations that it will have virtually no effect in practice”.

‘This was a sensitive bill for several government parties: that’s no secret. In practice, there was an absolute need for this,’ concludes Van Bossuyt.

The bill must now be put to a vote during a plenary session, where the law can be definitively approved.

See also  Tinubu to Amupitan: Make 2027 polls transparent, violence-free

Speaking to Belga, the minister warned local authorities that have already announced they will not permit home visits, such as Leuven. “Be fully aware of what that choice means. If you refuse to implement this law and things go wrong, do not point the finger at the federal government afterwards. Because then you will be jeopardising the safety of your own residents” she said.

Source: VRT.BE

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

News

Trump rules out new Iran attack before US midterm elections

Published

on

President Donald Trump ruled out Thursday attacking Iran before the US midterms on November 3, saying Washington was holding “productive discussions” with Tehran.

Trump’s announcement on his Truth Social platform followed a surge in oil prices driven by media reports suggesting potential new US strikes prior to the elections.

“I want to make it clear to everybody that, while Iran is in very bad condition, both economically and militarily, and while the Blockade will remain in full force and effect…we will not be attacking Iran at any time prior to the Midterm Elections,” he wrote.

“We are having productive discussions with the Islamic Republic of Iran,” he added.

The Atlantic magazine reported on Wednesday that the White House had asked the Pentagon to develop options to strike Iranian targets that could be used before the midterms.

The New York Times said Thursday the plans were being developed despite Trump’s “ambivalence.”

The surge in crude oil prices has also been fueled by persistent tensions in the Strait of Hormuz — a strategic chokepoint for the global oil trade — as well as hostilities between Yemen’s Iran-backed Houthis and Saudi Arabia.

Polls suggest American voters are strongly dissatisfied with fuel prices, which have soared since US-Israeli strikes against Iran on February 28 triggered the conflict.

Brent North Sea crude, the international benchmark, rallied to as high as $105.88 a barrel on Thursday before retreating to $104.28.

– Putin vows to help –

Russian President Vladimir Putin promised Thursday to “do everything” to help end the Middle East war when he met Iranian counterpart Masoud Pezeshkian for talks ahead of a regional summit, Russian media reported.

See also  10 things candidates should know about Customs recruitment CBT exams

“We are ready to do everything that is in our power to contribute to the settlement of this situation,” Putin said after arriving in Turkmenistan for a summit of the Commonwealth of Independent States (CIS) that starts Friday in the Caspian Sea resort of Avaza.

He added that Iran had made “real efforts to end the war,” according to Russian news agencies.

Russia and Iran have reinforced diplomatic and military links since Russia launched its offensive in Ukraine in February 2022, becoming increasingly reliant on each other.

Trump has repeatedly insisted in recent weeks that the United States has effectively won the Iran war, despite ongoing unrest and a recent security threat that forced the withdrawal of American bombers from a base in England.

Iran’s President Masoud Pezeshkian insisted Tehran was “engaged in dialogue, but every time we negotiate with the United States, they attack again”, Iranian state media quoted him as saying at the talks with Putin.

Pezeshkian said the Islamic republic wanted to see a “final framework” to end the war.

But he accused the United States of “trying to impose its policies and views on all countries”.

“If the United States insists on pursuing a unilateral approach, a resolution will not be possible,” he said, according to state media.

– Approaching election –

The midterm elections will shape the final two years of Trump’s presidential term as his Republican Party risks losing its current grip on Congress.

Although Trump is not on the ballot, he is holding numerous rallies in an attempt to limit the damage or even turn the political tide.

See also  ADC picks Tinubu’s challenger for the 2027 race today

Trump has warned he faces a possible third impeachment if Democrats retake the House of Representatives, and the White House is preparing for a slew of investigations into corruption and abuse of power.

The US president also sought to calm a furor on Thursday over his comments at a rally earlier this week that Iran could “take out” the cities of Los Angeles and San Diego.

The 80-year-old blamed the “fake and artificial news” for misinterpreting the remarks, which Democrats pounced on.

“In actuality, what I was talking about was that a temporary increase in the price of Gasoline is a small price to pay for Iran not having a Nuclear Weapon and, if you want to see a big price, can you imagine what it would be like if they bombed San Diego and/or Los Angeles?” Trump said on Truth Social.

AFP

Source: punchng.com

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

News

INEC displays voter register, begins PVC distribution ahead of 2027 elections

Published

on

The Independent National Electoral Commission has commenced the display of the preliminary register of voters and distribution of Permanent Voter Cards across states as part of preparations for the 2027 general elections.

The seven-day exercise, which begins on Friday and runs through October 15, will allow registered voters to verify their details, raise claims and objections, and collect PVCs from the first phase of the Continuous Voter Registration conducted between August and December 2025.

In Plateau and Sokoto states, the respective Resident Electoral Commissioners announced that the exercise would take place at Registration Area centres, with PVC collection continuing at INEC offices at the local government level after the display period.

In a statement by the Plateau REC, Prof. Sam Egwu, made available to journalists in Jos on Thursday, the commission said the exercise was pursuant to Section 19(1) of the Electoral Act 2026, which mandates it to display the voter register not less than 90 days before the general elections.

He said, “The Independent National Electoral Commission, Plateau State, wishes to inform the good people of Plateau State that the commission will commence display of the Preliminary Register of Voters, attend to the hearing of claims and objections as well as collection of Permanent Voters Cards (PVCs) simultaneously in all the 207 Registration Areas in the state, from the 9th to 15th of October 2026 (7 days and weekends inclusive). Time is 9 am -3 pm daily.”

The statement asked all registered voters to take advantage of the opportunity to check their details.

See also  Akpabio steps in to unveil Lagos projects on Tinubu’s behalf

“All registered voters are encouraged to take advantage of this opportunity to carefully check information they provided, such as their names, photographs, date of birth, polling units and other relevant registration details to make necessary claims and objections within this stipulated period as an accurate voter register is important for free and credible elections,” the REC said.

He further disclosed that PVCs from the first phase of the CVR exercise conducted from August 18, 2025 to December 10, 2025, would be available for collection during the exercise.

In Sokoto, the REC, Umar Garba, while briefing journalists on the commission’s preparations for the 2027 general elections, said the exercise was part of INEC’s activities ahead of the 2027 elections.

Garba, who was at the Nigeria Union of Journalists Press Centre, said the commission was committed to ensuring that eligible voters were given the opportunity to verify their registration details and collect their PVCs.

“The Independent National Electoral Commission will commence the display of the preliminary register of voters for claims and objections, as well as the distribution of Permanent Voter Cards from the 9th to the 15th of October 2026,” Garba said.

He said PVCs relating to lost or damaged cards, transfers, updates and registrations conducted during the second and third phases of the CVR were not yet ready for collection.

Garba said the commission would announce when the affected PVCs became available.

He added that after the exercise at the Registration Area level ended on October 15, distribution would continue at INEC offices in the 23 local government areas of the state.

See also  NSIB reveals why jet landed on Asaba construction road

“This will enable eligible voters who could not collect their cards at the Registration Area level to do so,” he said.

On security, Garba said INEC had continued to take the advice of security agencies into consideration throughout the voter registration process.

“Throughout the registration of voters held recently, the commission took the advice of security agencies very seriously. This contributed to a safe process without any casualties,” he said.

He assured eligible voters that INEC would work to ensure that PVCs were distributed across the state.

On internally displaced persons, Garba said the commission was engaging security agencies to establish the number of IDPs in Sokoto and determine how they could participate in the 2027 elections.

“The commission is always talking with security agencies to ascertain the number of IDPs in the state. We are working to ensure that they vote once they are in official and recognised camps,” he said.

The REC also said INEC would release the total number of registered voters in Sokoto State at the appropriate time.

Source: punchng.com

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

Trending