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Presidential Foreign Intervention Promotion Council (PFIPC) Scandal, Says ADC

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ADC Will Kick Tinubu Out Even If He Appoints Seyi As INEC Chair

Presidential Foreign Intervention Promotion Council (PFIPC) Scandal, Says ADC

The African Democratic Congress (ADC) has taken time to observe the raging scandal in relation to the Presidential Foreign Intervention Promotion Council (PFIPC) and the sundry allegations of bribe taking involving the President’s chief of staff, Mr. Femi Gbajabiamiala.
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It is our considered opinion that the issues involved point directly at the heart of national governance and raise fundamental questions about institutional integrity and must therefore be treated with the seriousness it deserves.

We have also taken note of the July 1 statement by the Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga. The ADC takes this statement as the APC government’s position on this latest scandal that threatens to conclusively rubbish any claim that this government has had to any form of integrity.

However, rather than provide answers to the raging questions on this scandal, the statement has instead left more questions. If anything, it actually exposed the staggering depth of institutional decay under the APC-led administration of President Bola Tinubu, suggesting that under Tinubu’s watch, the Presidency may have become a nest of fraudsters.

Focussing on exonerating the key government official at the heart of the scandal, who incidentally has been serially dogged by similar allegations in the past, without addressing how this level of criminality was even possible in the first place, confirms that the administration is either complicit or incompetent.

By the Presidency’s own account, a body it now describes as “fictitious” allegedly managed to operate across multiple arms of the APC-led federal government, interfacing with ministries, corresponding with public institutions, engaging foreign diplomats, obtaining official recognition from various quarters, and leaving behind a trail that raises serious questions about governance, accountability, and national security. This is no longer a matter involving one individual. It is a matter that goes to the heart of the security and integrity of the Nigerian state under the Tinubu government.

Based on the Presidency’s own statement, and the documentary evidence already in the public domain, we have identified at least ten government institutions that must be investigated if we must unravel the mystery behind this major scandal that in saner climes would have ended so many people’s political careers already:
1. The Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila: To determine how documents bearing the authority of his office were issued and the publicly reported claims of receiving bribes of between N200million and N600million from Prince Adeniyi Adeyemi.

2. Prince Adeniyi Adeyemi: To establish the full extent of his role in the creation, operation, and promotion of PFIPC; to verify the authenticity of the documents and approvals he publicly relied upon; to investigate his claims of making payments to senior government officials; and to determine whether he acted alone or as part of a wider network involving public officials and private actors.

3. The Secretary to the Government of the Federation, Senator George Akume: To establish whether any approvals, recognitions, or official records existed in relation to PFIPC in his office.

4. The Head of the Civil Service of the Federation, Mrs. Didi Esther Walson-Jack: To determine whether she actually gave approval of a recruitment waiver for over 300 civil servants into an organisation the Presidency now says never existed.

5. The Director General of the Budget Office of the Federation, Mr. Tanimu Yakubu: To explain how PFIPC reportedly appeared in the 2026 Appropriation with a budget running into billions of naira.

6.The Ministry of Foreign Affairs: To determine the extent of PFIPC’s engagements with foreign diplomats and whether established diplomatic protocols were subverted or bypassed altogether.
7.The Office of the National Security Adviser: To establish how what the president was alleging was even possible and why his office was not able to flag it or take action.

8. The Department of State Services, DSS, and the Nigeria Police Force: To explain the timeline of their investigations, if any, and whether earlier intervention could have prevented the alleged activities.
9. The Office of the Accountant-General of the Federation, and the Central Bank of Nigeria: To determine how public funds could be drawn and expended by a fictitious organisation using allegedly forged documents.

10. The relevant oversight committees of the National Assembly, including the Senate and House Appropriations Committees, the Senate Committee on Anti-Corruption and Financial Crimes, and the House of Representatives Committee on Treaties, Protocols and Agreements: To establish the basis upon which official correspondence and invitations were reportedly extended to PFIPC.

This matter must not be swept under the Presidential red carpet. The ADC therefore calls for the immediate establishment of an independent Judicial Panel of Inquiry headed by persons of unquestionable integrity, to investigate every aspect of the PFIPC affair, summoning all the foregoing, as well as others that may be relevant to the cases, as witnesses. The panel should have full powers to compel the production of documents, and determine the extent of any negligence, misconduct, collusion, abuse of office, and criminal wrongdoing involved in this case.

As the Presidency has alleged, if indeed the PFIPC was a fictitious organisation, then Nigerians deserve to know how a fictitious organisation allegedly secured recruitment approvals, budgetary allocations, official correspondence, diplomatic engagements, interactions with federal institutions, and recognition across multiple arms of government.

Similarly, if contrary to the Presidency’s position, the PFIPC is not a fictitious organisation, then Nigerians deserve to know why the government has decided to publicly disown a legitimate agency of government as way of defending one of its official on the serious allegations of bribery.
These are serious questions that cannot be answered by press statements, selective denials, or criminal prosecutions alone.

ADC Will Kick Tinubu Out Even If He Appoints Seyi As INEC Chair

ADC

Only a truly independent judicial inquiry can establish the facts, identify those responsible, and restore public confidence in the integrity of our institutions.
The damage that this scandal has done to the integrity of our public institutions is indeed incalculable. We imagine that when next a government agency engages with the international diplomatic communities, serious questions must be lurking at the back of their minds whether the government would wake up tomorrow and deny that such agencies actually exist.

Since coming to office, the Tinubu-led APC administration has done everything to bring the country down to its moral and ethical level. But this appears to be the height of it. We therefore call on all citizens to demand that the Tinubu government must not be allowed to get away with this. This country will continue to exist beyond the lifespan of any administration, but the country may never recover from the damage they do to today.

Lastly, Nigerians have noted that it is instructive that in the case involving the allegations against former Kaduna State Governor Mallam Nasir El-Rufai, the government had no hesitation in deploying agencies such as the ICPC, the DSS, and the EFCC.

Yet, in a matter involving serious allegations concerning the Chief of Staff to the President, the same government has not deemed it necessary even to ask Femi Gbajabiamila to step aside pending an independent investigation.
This glaring double standard undermines public confidence and reinforces the perception that there is one standard of accountability for political opponents, and another for those within the inner circle of power.

In this regard, the ADC therefore calls on President Bola Ahmed Tinubu to immediately constitute an independent Judicial Commission of Inquiry, chaired by eminent and independent Nigerians, to uncover the full truth behind the PFIPC scandal.

Anything short of a transparent, public, and independent inquiry will only reinforce the long-held public perception that this administration is unwilling to confront allegations of corruption involving powerful public office holders.

Let there be no mistake, if this administration refuses to act, or chooses to bury this scandal instead of exposing the truth, the ADC will make the PFIPC scandal one of the very first accountability priorities of an ADC-led government. Today, we put every public official connected to this affair on notice, no matter how highly placed or politically connected.

Every approval, every budgetary allocation, every official correspondence, every financial transaction, and every public officer connected to this scandal will be subjected to the highest level of scrutiny.

Those found to have abused public office, violated the law, or enriched themselves at the expense of the Nigerian people will be pursued to the full extent of the law. There will be no sacred cows, no untouchables, and no hiding place for corruption.

Signed:

Mallam Bolaji Abdullahi
National Publicity Secretary
African Democratic Congress (ADC)
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EFCC Arraigns ALSCON, Director for Alleged N582.43m Money Launderin

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EFCC

EFCC Arraigns ALSCON, Director for Alleged N582.43m Money Launderin

The Economic and Financial Crimes Commission, EFCC, on Monday, October 12, 2026, arraigned Aluminium Smelter Company of Nigeria, ALSCON, plc, and its Director, Zavyalov Dmitry, before Justice O. A. Egwuatu of the Federal High Court, Abuja, for alleged money laundering offences involving N582,430,250.00 (Five Hundred and Eighty-Two Million, Four Hundred and Thirty Thousand, Two Hundred and Fifty Naira).
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The company and its director were arraigned on a six-count amended charge, marked FHC/ABJ/CR/644/2025. Dmitry is said to be at large.

According to the charge, the company, a Designated Non-Financial Business and Profession, DNFBP, and Its Director, Dmitry, failed to report in writing to the Special Control Unit against Money Laundering (SCUML) single transfers made from the company’s account between March and July 2024, as required under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022.

The transfers include N147,515,050.00 in March 2024, N156,026,860.00 in April 2024, N121,425,200.00 in May 2024 and N127,338,190.00 in July 2024, all paid to UDATSON NIGERIA. Others are N15,124,950.00 paid to Urico Global Services in April 2024 and N15,000,000.00 paid to one Christopher Azogu in June 2024.

Count one reads: “That you, Aluminium Smelter Company Of Nigeria Limited, plc, a Designated Non-Financial Business and Profession (DNFBP) and Zavyalov Dmitry (at large) being Director of the said DNFBP sometime in March, 2024 in Abuja within the jurisdiction of this Honourable Court, failed to report in writing to the Special Control Unit against Money Laundering (SCUML), a single transfer of the sum of N147,515,050.00 (One Hundred and Forty Seven Million, Five Hundred and Fifteen Thousand, Fifty Naira) paid into UDATSON NIGERIA from account no. 1013726291 operated by Aluminium Smelter Company Of Nigeria Plc as specified under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022 and you thereby committed an offence contrary to and punishable under Sections 11 (3), 19(2) (b), and 22 of the same Act.”

Count two: “That you, Aluminium Smelter Company Of Nigeria, plc, a. Designated Non-Financial Business and Profession (DNFBP) and Zavyalov Dmitry (at large) being Director of the said DNFBP sometime in April, 2024 in Abuja within the jurisdiction of this Honourable Court, failed to report in writing to the Special Control Unit against Money Laundering (SCUML), a single transfer of the sum of N156,026,860.00 (One Hundred and Fifty Six Million, Twenty Six Thousand, Eight Hundred and Sixty Naira) paid into UDATSON NIGERIA from account no. 1013726291 operated by Aluminium Smelter Company Of Nigeria Plc as specified under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022 and you thereby committed an offence contrary to and punishable under Sections 11 (3), 19(2) (b), and 22 of the same Act.”

Count four of the charge sheet reads, “That you, Aluminium Smelter Company Of Nigeria Plc, a Designated Non-Financial Business and Profession and Zavyalov Dmitry (at large) being Director of the said DNFBP sometime in May, 2024 in Abuja within the jurisdiction of this Honourable Court, failed to report in writing to the Special Control Unit against Money Laundering (SCUML), a single transfer of the sum of N121,425,200.00 (One Hundred and Twenty One Million, Four Hundred and Twenty Five Thousand, Two Hundred Naira) paid into Udatson Nigeria from account no. 1013726291 operated by Aluminium Smelter Company Of Nigeria Plc as specified under section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022 and you thereby committed an offence contrary to and punishable under sections 11 (3), 19(2) (b), and 22 of the same Act.”

EFCC

EFCC

Lead counsel to the EFCC, Ekele Iheanacho, SAN, told the court that the offences are punishable under sections 11(3), 19(2)(b) and 22 of the Money Laundering (Prevention and Prohibition) Act.

When the charges were read, the company’s Acting Managing Director, Ime Monday Inyang, pleaded not guilty to all six counts on its behalf.

Counsel to the company had asked the court to quash the charges, claiming that the company was innocent of the charges.

In view of the plea, Justice Egwuatu adjourned the matter to January 27, 2027 for commencement of trial.

Dele Oyewale

Head, Media & Publicity

October 12, 2026
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Taiwo Oyedele, Cardoso Meet World Bank President Banga on Nigeria’s Shift From Stability to Growth

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Taiwo Oyedele

Taiwo Oyedele, Cardoso Meet World Bank President Banga on Nigeria’s Shift From Stability to Growth

Bangkok, 12 October 2026. The Honourable Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and the Governor of the Central Bank of Nigeria, Olayemi Cardoso, met the President of the World Bank Group, Ajay Banga, on Monday. The meeting took place on the sidelines of the 2026 IMF and World Bank Group Annual Meetings in Bangkok, Thailand, where Oyedele leads Nigeria’s delegation.
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The meeting reviewed Nigeria’s reform progress and the next phase of its agenda: turning macroeconomic stability into faster growth, more private investment and stronger domestic revenues.

Banga commended the progress of Nigeria’s reforms. He pointed to the rise in private capital inflows from about $300 million in 2023 to nearly $6 billion in 2026, a twentyfold increase.

Oyedele highlighted the rising economic growth and noted that Nigeria’s tax-to-GDP ratio rose from about 7 per cent to 12.5 per cent over the same period. This gives the government more room to fund public investment without resorting to deficit monetisation.

The meeting discussed how Nigeria can make greater use of World Bank guarantee instruments. These guarantees can unlock financing for infrastructure and draw more private capital into the domestic market.

Power infrastructure and human capital were identified as priorities for continued public investment, given their importance to business competitiveness, productivity and job creation. The meeting also stressed the quality of public spending, so that each naira delivers measurable economic and social returns.

Taiwo Oyedele

Taiwo Oyedele, Cardoso

The meeting is part of the Federal Government’s wider engagement with development partners to lock in reform gains and attract new investment. As Nigeria moves from stability to growth, the priority is to turn stronger fundamentals into productive investment, more jobs and better living standards for Nigerians.

Efe Ovuakporie
Head of Media
Federal Ministry of Finance
12 October 2026
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High Court Dismisses Aisha Achimugu’s Fundamental Rights Suit Against EFCC

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Federal High Court Judges

High Court Dismisses Aisha Achimugu’s Fundamental Rights Suit Against EFCC

Justice M.S. Liman of the Federal High Court sitting in Abuja has dismissed a fundamental human rights suit filed by Abuja-based businesswoman, Aisha Achimugu against the Economic and Financial Crimes Commission, EFCC.
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In the originating suit no : FHC/ABJ/CS/466/2026, Achimugu approached the court for determination of whether the defendant, EFCC’s action of searching her house and seizing her cars and jewelries and other items was within the powers of the Commission.

Achimugu also asked the court to enforce her rights to privacy, including an order of the court restraining the defendant from threatening or harassing and invading her private residence.

Part of her claim was for the court to award a N10,000,000,000 (Ten Billion Naira) damage against the EFCC for what she described as invasion of her privacy.

Delivering judgment in the suit on Monday, October 10, 2026, Justice Liman dismissed the suit and held that the defendant has the power to search the plaintiff’s property after receiving intelligence on the alleged criminal activities of the plaintiff. “EFCC has the right to search the residence,” he said.

The judge said that Achimugu and her legal representatives failed to show reason to warrant the kind of damage she demanded from the EFCC and equally dismissed the request for N10 billion damages.

On the whole, Justice Liman agreed that there was nothing that should have stopped the EFCC from carrying out its statutory duties. The court therefore held that the matter lacked merit and was dismissed because “ it is frivolous and it was brought in bad faith”. The damage she sought was also denied.

Federal High Court Judges

Federal High Court

Reacting to the judgment, counsel to the EFCC, Emenike Mgbemele said the judgment was in the interest of justice, adding that the suit was a ploy to waste the time of the court.

Dele Oyewale

Head, Media & Publicity

October 12, 2026
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