By Attah Ede
The Office of the Accountant-General of the Federation (OAGF) on Monday clarified that the Presidential Foreign Intervention Promotion Council (PFIPC) does not operate any account with the Central Bank of Nigeria (CBN).
It further stated that no public funds or salaries have been paid to the organisation through the OAGF.
This latest clarification was made by the Director of Public Relations at the OAGF, Bawa Mokwa, amid controversy over the status of the PFIPC as a Nigerian government entity.
Recall that on June 11, the Chief of Staff to the President, Femi Gbajabiamila, issued a disclaimer against the purported activities of the fake Presidential Foreign Intervention Promotion Council (PFIPC) and Presidential Economic Advisory Council (PEAC), stating that his office had not appointed anybody to lead the fictitious agencies.
The Chief of Staff said the PFIPC/PEAC convener, Adeniyi Adeyemi, is an impostor and is facing criminal prosecution.
The presidential spokesperson, Bayo Onanuga, alleged in an X statement on July 1 that Mr Adeyemi used forged documents to fraudulently open a CBN account by deceiving the Office of the Accountant-General of the Federation.
“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,” Mr Onanuga said.
Meanwhile, on July 2, Mr Adeyemi countered the Chief of Staff’s disclaimer, alleging that Mr Gbajabiamila received ₦400 million through a proxy to facilitate his appointment.
Responding during the weekend to Mr Onanuga’s statement on the opening of a CBN account by the PFIPC convener, the OAGF press director, Mr Mokwa, said neither public funds nor salaries had been paid to the organisation.
The OAGF spokesperson explained that the process of opening a CBN account for the PFIPC was never completed because the required documentation to activate the account was not submitted.
“You cannot open an account at the CBN without authorisation from the Accountant-General. The Accountant-General will authorise them to open an account at the CBN,” Mr Mokwa said.
The OAGF had written to the Central Bank of Nigeria (CBN) on July 29, 2025, directing it to open four domiciliary accounts for two government entities, the National Universities Commission (NUC) and the PFIPC.
Subsequently, on August 13, 2025, the CBN informed the OAGF that it had opened dollar- and pound-denominated accounts for the PFIPC.
Mr Mokwa stated that the purported PFIPC Director-General, Mr Adeyemi, approached the OAGF and presented an appointment letter, but alleged that the document concerned an already existing agency rather than the PFIPC.
Mr Mokwa said the account-opening process commenced based on the document presented. However, the account never became operational because the names of the officials expected to serve as account signatories were not submitted.
He insisted there was no channel through which the Office of the Accountant-General could release government funds to the agency because it did not have an operational account.
“The account, till today, has not seen the light of day. It has not seen one kobo because the account is not completely operational.
“That portrays that he has not collected a dime. The AGF has not released a dime to him because they don’t even have a place where the money can be paid,” Mr Mokwa said.
