The PFIPC Scandal and the Urgent Reforms Required
By Tunde Rahman When Prince Adeniyi Adeyemi Matthew walked into Phase III Section of the Federal Secretariat in Abuja with a forged letter and emerged with an office, signage, and a semblance of government legitimacy, he did not act alone. That is the uncomfortable truth of the “Presidential Foreign Intervention Promotion Council” saga. Adeyemi has been charged with eight counts of fraud and forgery. But the bigger scandal is not one man’s alleged audacity. It is how a non-existent agency got close to N1.3bn in the 2026 budget, secured office space in the heart of government, hosted top government functionaries from Nigeria and abroad, and allegedly operated multiple accounts. This is not a story about Chief of Staff Femi Gbajabiamila versus Prince Adeyemi. This is a story about systemic failure. And until the system is properly fixed, it is quite probable that the next Adeyemi is somewhere forging another letterhead. There are several systemic breaches in the saga that public finance ...
