Fake Agency: Adeyemi Should Not Be on the Run if His Allegations Against Gbajabiamila Were True - Wike
I know President Tinubu's Chief of Staff, Femi Gbajabiamila, very well. Without prejudice, he did not do anything alleged in the fake agency scandal. If anyone wants to embarrass a President, they target three individuals: the Chief of Staff, the SGF, and the Finance Minister. I have been a victim of this kind of attempt and cheap blackmail. Atiku and the opposition's interest in this investigation is simply politics. They should wait until they come into power, if ever, and conduct their probe.
Nyesom Wike, FCT Minister
@vanguardngrnews All members has the right to speak on matters but the bushmen of our country donβt know this. Shouting at the top of their voices like crazies
Gbajabiamila demands a public apology within 72 hours from Adeyemi over "fake agency" bribery claims, threatening a N10 billion defamation suit. https://t.co/li5WTF2ZEL
He shouldnβt be the one to direct an investigation of himself; what is happening is his gang script played out for us to see. He is directly/indirectly involved
STATEHOUSE PRESS RELEASE
PRESIDENT TINUBU ORDERS ICPC TO INVESTIGATE βPRESIDENTIAL FOREIGN INTERVENTION PROMOTION COUNCILβ
President Bola Ahmed Tinubu has directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to conduct a thorough investigation into the activities of a βPresidential Foreign Intervention Promotion Councilβ (PFIPC) and all related matters.
The President directed that the investigation be concluded and a comprehensive report submitted to him within 30 days.
The directive follows the discovery of the fictitious PFIPC, which was never established by the Federal Government of Nigeria and has no basis in any law, presidential instrument, executive approval, or other lawful act of Government.
One Adeniyi Adeyemi Matthew presented himself as the Director-General of the so-called PFIPC and falsely claimed to be a presidential appointee.
Among the issues to be investigated by the ICPC are the forged appointment letters and other official government documents; the use of a false claim of presidential appointment to seek or obtain official recognition and diplomatic support, including visa facilitation; and the opening of multiple bank accounts in the names of purported government agencies using allegedly forged documents.
President Tinubu directed the ICPC to investigate not only the conduct of the principal individual and other collaborators involved but also the wider circumstances that may have enabled a fictitious body and a false claim of presidential appointment to acquire an appearance of official legitimacy.
The investigation is to examine the provenance and use of false official documents; the processes through which official recognition or diplomatic support may have been sought or obtained; the opening and operation of any related bank accounts; the source and movement of any funds involved; and the role of any public officer, private individual, financial institution, intermediary or other person or entity that may have facilitated, enabled or participated in the alleged scheme.
The President further directed the Commission to identify any weaknesses in government and institutional procedures that may have been exploited and to recommend immediate measures to prevent the recurrence of similar abuses.
All ministries, departments and agencies of the Federal Government have been directed to provide the ICPC, upon lawful request, with all relevant information, records and assistance required for the expeditious completion of the investigation.
President Tinubu stated that the integrity of the Presidency and the institutions of the Federal Government must be protected against impersonation, forgery, abuse of official identity and the exploitation of weaknesses in the public service.
The President directed that all persons found culpable be treated strictly in accordance with applicable law.
Bayo Onanuga
Special Adviser to the President
(Information and Strategy)
7 July 2026
FG DOES NOT OPERATE SHADOW BUDGET: ππππππππ ππ ππππππ ππππππππππππππππππ ππ ππππππ πππππππππππ
The Federal Government has noted recent public commentary alleging that approximately two percent of GDP amounting to over β¦8 trillion was spent outside the approved budget based on references to the IMF Representative in Nigeria and the Fund's 2026 Article IV Consultation Report.
These claims are incorrect and risk misleading the public regarding the government's financial management.
For the avoidance of doubt, the Federal Government does not operate a "shadow budget" or expend public funds outside the constitutional and statutory framework established for public finance.
Under Sections 80 - 83 and 162 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), public funds may only be withdrawn and expended in accordance with the Constitution and laws enacted by the National Assembly. Accordingly, Federal Government expenditure is incurred pursuant to duly enacted Appropriation Acts, Supplementary Appropriation Acts, and other statutory authorities enacted by the National Assembly. In addition, multi-year capital projects which necessarily span multiple budgets are implemented in accordance with extant laws and approved provisions for capital rollovers where applicable. These are recognised features of public financial management and should not be misconstrued as expenditures outside the budget.
It is inaccurate to suggest that trillions of naira have been secretly spent outside legislative approval. Such allegations should have identified the specific projects purportedly executed without appropriation or legal authority and present credible evidence in support of the claim. To be meaningful, assertions of this magnitude must be supported by verifiable facts rather than conjecture.
For the purpose of public education, it is important to distinguish between appropriation, expenditure authorisation, financing, and fiscal reporting.
Nigeria's public finance framework contains several statutory transfers, first-line charges and intervention mechanisms established by Acts of the National Assembly. These include, among others:
- Statutory allocations and contributions to development commissions and other agencies created by law.
- Cost of collection and cost of administration retained by designated revenue-collecting agencies as expressly provided under relevant legislation.
- Capital expenditure approved in separate budgets for some agencies and the Federal Capital Territory by the National Assembly.
- Special interventions approved by law to address national priorities such as security, infrastructure, disaster response, and other strategic national programmes or emergencies.
- Debt service obligations and other statutory transfers that are authorised under applicable legislation.
These expenditures are neither secret nor illegal. They are established by law, disclosed in various fiscal reports, and subject to applicable oversight, audit and accountability mechanisms. Their treatment for reporting purposes may differ from their presentation in the annual Appropriation Act, particularly under international statistical and reporting standards adopted by the Federal Government. Such classification differences should not be misrepresented as evidence of unlawful expenditure.
It is equally incorrect to suggest that the reported amount represents an increase in budget deficit. A fiscal deficit is determined by the relationship between total government revenues and total government expenditures. Whether a capital project is financed through annual appropriations, supplementary appropriations, statutory transfers, approved intervention mechanisms, or other lawful financing arrangements does not, by itself, increase the fiscal deficit.
Indeed, the IMF's observation relates primarily to the comprehensiveness, timing and presentation of fiscal reporting rather than the legality of expenditure. Like many countries, Nigeria continues to strengthen the alignment between budget presentation and international fiscal reporting standards as part of ongoing public financial management reforms. As a matter of fact, His Excellency, President Bola Ahmed Tinubu, GCFR had himself formally requested the National Assembly to end the practice of running multiple and overlapping budgets, and rather harmonise into a single, cohesive framework during his presentation of the 2026 Appropriation Bill to a joint session of the National Assembly on December 19, 2025.
The Federal Government remains firmly committed to prudent fiscal management, transparency and accountability. Recent reforms have significantly strengthened public financial management with ongoing improvements in budget assumptions and credibility, transparent revenue administration, digitalisation of government financial processes, and stronger treasury management. These reforms have been acknowledged by the IMF itself and other multilateral institutions, as well as international credit rating agencies, major media organisations and investors.
Public debate is both welcome and essential in a democratic society. However, it should be based on facts and an accurate understanding of Nigeria's constitutional and fiscal framework. Mischaracterising technical observations as evidence of unlawful expenditure neither advances informed public discourse nor strengthens democratic accountability.
The Federal Government will continue to uphold the rule of law, maintain transparency in the management of public resources, and work with the National Assembly, oversight institutions, development partners and the Nigerian people to further strengthen fiscal governance in line with international best practices.
ππͺπ¨π―π¦π₯:
Taiwo Oyedele
Honourable Minister of Finance and Coordinating Minister of the Economy
Federal Republic of Nigeria
@vanguardngrnews Courts all over the world only remind defendants to prisons for serious crimes or for flight risk, Sowore is none of these. Shame on the politically compromised Nigerian Judiciary.
Ten years ago the people of this country voted to leave the EU in the biggest expression of popular will in our history.
We need to stop fearing the freedom and make use of it and move on together. π¬π§
β2.5 million votes is guaranteed for President Tinubu in Edo State. They should release those Oyo State kidn@pped school children and teachers unconditionally. Those seeking power in Nigeria should stop disturbing our President Tinubu. They should stop kidn@pping; it cannot give them the Presidential Villa.β
β Edo State Governor, Monday Okpebholo
"Nigerians should continue to support President Tinubu and also pray for us. I can tell you that Nigerians have been giving me feedback on power supply since I was sworn in, and in the last four weeks, electricity supply has improved across the country."
βMinister of Power, Joseph Olasunkanmi Tegbe.