The Nigeria Payments System Vision (PSV) 2028 outlines the roadmap for a secure, innovative, and inclusive payments ecosystem in Nigeria.
Read the document here:
https://t.co/4uHH22xEwz
#CBN#PSV2028
You are cordially invited to the 47th Edition of the CBN National Open Senior Tennis Championship 2026.
Preliminary matches are currently underway and will run from June 12 – June 19, 2026.
Venue: Tennis Complex, Package B, Moshood Abiola National Stadium, Abuja
Time: 10:00 AM
You are cordially invited to the 47th Edition of the CBN SENIOR NATIONAL OPEN TENNIS Championship Grand Finale
Venue : Tennis Complex, Package B, Moshood Abiola National Stadium, Abuja.
Time : 12:00 PM
Date : Saturday 20th June, 2026
#CBN#CBNSeniorTennisChampionship
Mr. @aonanuga1956
How in the world did a "fictitious" agency headed by on faceless Mr. Adeniyi Adeyemi Matthew end up with N1.3 billion in the 2026 budget prepared, signed and disbursed by the presidency?
The Senate and House of Representative as some point wrote a memo and met with the head of the same fictitious agency.
STATEHOUSE STATEMENT
Re: The Matter of Adeniyi Adeyemi Matthew and the fictitious Presidential Economic Advisory Council
We are aware of the public interest in the matter of a man called Adeyemi Adeniyi Matthew, who has been parading himself as the director-general of a fictitious Presidential Foreign Intervention Promotion Council cum Presidential Economic Advisory Council.
The office of the Chief of Staff to the President first blew the whistle on the existence of the illegal agency, following complaints from officials of the Nigerian Investment Promotion Council that another government agency appeared to be functioning at cross-purposes with it.
The Chief of Staff, on October 17, 2025, in a letter, asked the DSS and the Police to probe the activities of ‘fraudsters and imposters’ forging appointment letters purportedly from his office.
“The attention of this office has been drawn to the activities of certain individuals and groups engaged in the forgery of official appointment letters purportedly issued from my office. The fake documents, bearing falsified signatures, reference/folio numbers, and seals, have been used to claim leadership appointments to non-existent entities, with particular reference to the Presidential Foreign Intervention Promotion Council.
“The aforementioned entity under the leadership of one Prince Adeniyi Adeyemi Matthew as Director-General is said to have an office at the Federal Secretariat Complex Phase 111, 2nd Floor. Also, they have been parading themselves as a legitimate government agency, hosting meetings with both foreigners and Nigerian citizens, and even going so far as to request a note verbale from the Ministry of Foreign Affairs to the United States of America to facilitate visas for some of their staff.
“The above development not only constitutes a serious criminal act but also undermines the integrity of the presidency and the credibility of official government communication.
“I therefore urge you to initiate a thorough investigation to identify and apprehend those involved and also to uncover the network facilitating the forgery,” the Chief of Staff wrote in his petition to the security agencies.
The letter to the security agencies was accompanied by a copy of the forged appointment letter, a copy of the request for a note verbal to the Ministry of Foreign Affairs, and pictures of engagements obtained from the illegal agency's website.
Around the time the Chief of Staff lodged the complaint with the security agencies, the existence of the fake agency had raised concerns within the Foreign Affairs Ministry.
In a letter on October 15, 2025, the Foreign Affairs Ministry wrote to the office of the National Security Adviser and the Chief of Staff to the President, requesting clarification on the status of Adeyemi’s agency. The letter, which Ambassador Anderson Madubuike signed, followed Adeyemi’s October 10 meeting with ambassadors at the Wells Carlton Hotel and Apartments in Asokoro, without recourse to the ministry.
“This act contravenes extant rules and regulations guiding diplomatic practices globally,” the Ministry of Foreign Affairs said in its letter.
On October 20, the Office of the National Security Adviser wrote to the Office of the Secretary to the Government of the Federation, on the request of the Foreign Affairs Ministry.
On 29 October, the OSGF wrote to the Chief of Staff requesting clarification. “This has become expedient owing to several requests from governmental and non-governmental bodies seeking to ascertain the status of the appointment under consideration”
Two days earlier, the Chief of Staff sent his own clear rebuttal to the Foreign Affairs Ministry, stating that he had never issued an appointment letter to Adeyemi as director general of the fake presidential foreign investment promotion council. The Chief of Staff could not have issued a letter of appointment to a non-existent agency. Moreover, the Chief of Staff does not make appointments or write letters, as these are the exclusive preserve of the Office of the Secretary of the Government of the Federation.
On November 5, 2025, the Chief of Staff responded to the OSGF, again flatly denying Adeniyi Adeyemi and his spurious agency. “Prince Adeniyi Matthew, director-general of the Presidential Foreign Investment Promotion Council, is unknown to any office, nor do we have any dealings with the said council.
“My attention was drawn to a letter of this purported application, which is fake, and my office has instructed the police and other relevant security agencies to carry out investigations on the person and the entity he claims to represent”, the chief of staff wrote.
The Police made the first move by responding to the chief of staff's letter dated 17 October and began their investigation. On 27 October, Adeyemi was arrested in Abuja at the Secretariat office where he operated his elaborate scam.
The police searched the office and Adeyemi’s home in Suleja, recovering vital documents and exhibits. In Adeyemi’s statement to the police, he claimed that one Dolapo Babatunde Tanimola assisted him in procuring the fake appointment letter. Following his claim, the police went after the said Tanimola. The Police found that Tanimola died in a fire incident at Kachi Hotel in Abuja on 22 October, five days before Adeyemi’s arrest. Tanimola’s body was seen by the police at the morgue, confirming the death.
The police were able to establish that the agency Adeyemi purportedly headed was fictitious, that he forged his appointment letter and the documents recovered in his office and home, that he falsely paraded himself as a government appointee, and that he falsely solicited a note verbal from the Foreign Affairs Ministry to enable him and his staff to obtain US visas. The police also found that Adeyemi operated 34 bank accounts, with nine opened in the names of his fictitious agencies, known as the FCT Investment Promotion Agency and the Public Private Partnership (FIPA-APP), and the FCT Investment Promotion Act.
The Police found that Adeyemi, using the fake documents he created, fraudulently opened a CBN account by misleading the Office of the Accountant-General of the Federation. According to the police, no government money has been transferred into the account.
“The act of the suspect constitutes criminal forgery, impersonation and obtaining by false pretence, thereby bringing the office of the Chief of Staff to the President and the Presidency to disrepute before the public and international community”, the police wrote in the report of the investigation conducted by the assistant commissioner, Kabir Mogaji.
Based on their investigations, the police filed an eight-count charge at the Federal High Court in Abuja against Adeyemi and two of his accomplices on November 27, 2025. He is due in court on July 27.
Adeyemi was on police bail when he recently claimed that the Chief of Staff had appointed him as DG of the fictitious agency. This claim contradicted his statement to the police in November last year. His new claim prompted the Chief of Staff, on June 8, to issue a disclaimer consistent with earlier advisories that the man, called Adeyemi, is an impostor.
The case of Prince Adeniyi Adeyemi Matthew is a clear case of a con artist who appears to have built a web of false claims to deceive unsuspecting government officials and the public into playing by his scam book. He has a history of fraudulent misrepresentation. In November 2016, he paraded himself as an ambassador and President-General of the World Youth Organisation (WYO), an affiliate of the United Nations (UN). He claimed to have been elected in New Delhi, India. The local media celebrated him until the UN denied the existence of such a body.
Politicians and members of the public who are weaponising Adeyemi's claim against the Chief of Staff should refrain from swallowing his narrative hook, line and sinker. They are advised to await the trial of Adeyemi and his accomplices, as well as the court's judgement, as comments made today are sub judice.
Bayo Onanuga
Special Adviser to the President,
Information and Strategy,
July 1, 2026
On Monday, at the Federal Executive Council, our administration approved the most consequential reforms of the National Youth Service Corps Scheme since its establishment in 1973.
On the day I was sworn in as your President, I promised to create meaningful opportunities for our young people. I said women and youth would feature prominently in our administration, and this reform is partly the actualisation of that promise.
A landmark moment for Nigeria's digital future.
President Bola Ahmed Tinubu has signed the NIMC Act 2026 into law, strengthening secure digital identity, trust and innovation for every Nigerian.
One Nation. One Identity.
Accelerating Nigeria’s Digital Future!
The National Identity Management Commission (NIMC) is driving the nation’s *Digital Public Infrastructure (DPI)* to strengthen national security and boost public service delivery.
TINUBU'S NEW POLICY FOR UNIVERSITIES WILL MAKE THEM TO WAKE UP AND THINK LIKE A BUSINESS.
Tinubu Government Directs Universities to Fund Lecturers’ Allowances Internally — Nigerians Fear Tuition Hikes.
But There’s a Bigger Economic Picture.
The Federal Government has now directed public universities to begin paying the new Consolidated Academic Tools Allowance (CATA) for lecturers.
Using internally generated revenue while waiting for full budget implementation.
Many students are already panicking about possible tuition increases.
And honestly, their fears are understandable.
The allowance is massive:
• Graduate Assistants — over ₦1 million yearly.
• Senior lecturers and professors — over ₦3 million yearly.
• Tax-free funding for research, books, software, journals, conferences, and fieldwork.
But here is the main koko...
For decades, Nigerian universities depended almost entirely on Abuja allocations while operating like non-business entities.
You know I am an advocate of government thinking like a business?
Tinubu is doing the right thing.
The world changed.
Today:
• American universities make billions from patents, sports, research grants, technology, alumni donations, and international students.
• Chinese universities are directly linked to manufacturing and industrial growth.
• Singapore transformed universities into innovation centers feeding the economy.
• South Korea tied universities to national technology development.
Nigeria cannot continue funding 21st-century education with a 1970s economic structure.
This policy may look harsh now, but the Tinubu administration appears to be pushing universities toward economic productivity instead of total federal dependence.
Universities sit on thousands of hectares of land, research talent, intellectual property, consultancies, agricultural projects, technology hubs, medical services, and business opportunities — yet many generate very little revenue.
The government’s argument is simple:
“If lecturers are to receive globally competitive research and academic support allowances, institutions themselves must begin creating value.”
That's simple.
Painful?
Yes.
Risky?
Yes.
But economically, this is part of a wider reform agenda shifting Nigeria from a consumption economy to a productivity economy.
The danger, however, is this:
If university management simply transfers the burden to poor students through endless “sundry charges,” then the policy could worsen inequality and reduce access to education.
That is where leadership matters.
Universities must now become innovative:
• commercialize research
• partner industries
• attract private endowments
• monetize innovations
• expand professional programs
• improve agricultural and technology ventures
• reduce corruption and waste
A university should not only produce job seekers.
A university should become an economic engine.
This is how China built industrial power.
This is how America dominates technology.
This is how Asian nations used education to create wealth.
Nigeria is now entering that difficult transition stage where institutions are being forced to survive beyond federal oil money.
The real question is:
Will Nigerian universities reform and innovate
Or simply increase school fees and punish students?
Ugoji Maximillian
Not bad. But can be better.
Current major shareholders:
✑ Mohammed Indimi (29%)
✑ Aminu Alhassan Dantata (19%)
✑ Umar AbdulMutallab (10%)
✑ Althani Investment Limited (9%)
✑ Dangote Industries (7%)
✑ Islamic Development Bank (6%)
📢
OFFICIAL PUBLIC NOTICE
The Nigeria Revenue Service (NRS), in partnership with the Joint Revenue Board (JRB), has commenced the implementation of a unified Taxpayer Identification (Tax ID) system nationwide.
This initiative is aimed at enhancing transparency, simplifying tax compliance, strengthening revenue administration, and improving taxpayer data harmonization across all levels of government.
Accordingly, all MDAs, financial institutions, and organizations currently utilizing the TIN Validation API are hereby informed that the new Tax ID system will replace the existing framework.
Stakeholders are advised to commence the necessary integration and transition processes in line with the new directive.
SIGNED:
NRS MANAGEMENT & JOINT REVENUE BOARD
For more information and updates: @NigeriaRevenue
CLARIFICATION ON THE ACCESS CONTROL PROTOCOL AT ICPC HEADQUARTERS, ABUJA
Being the text of a media briefing by J. Okor Odey, Deputy Director/Head, Media and Public Communications of the ICPC at the Commission’s Headquarters in Abuja on Monday, 18 May, 2026.
A stronger community starts with all of us.
Every nomination is a chance to improve a school, strengthen a healthcare centre, and create opportunities that truly matter.
Text MTN to 421 or visit the website to nominate today!
WhatCanWeDoTogether
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