Prince Adeniyi Adeyemi, who claims to be the Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), has expressed his readiness to cooperate with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in its investigation into the controversial agency.
Adeyemi made the declaration on Tuesday during an Instagram interview with social media personality VeryDarkMan, shortly after President Bola Tinubu directed the ICPC to investigate the activities of the purported council and all issues connected to it, with a directive to submit a comprehensive report within 30 days.
He also disclosed that he was prepared to hand over documents in his possession to security agencies to support ongoing investigations into the matter.
He said, “I am willing and ready to help security agencies or any panel set up by Mr President to unravel the truth.
“In fact, any moment from now, I will go to the DSS or the police to submit all the documents I have to help them investigate and look into this matter.”
Adeyemi maintained that the documents in his possession could help investigators establish the facts surrounding the council.
“They should authenticate them. They should verify them. They should unravel the truth,” he said.
During the interview, he questioned the Presidency’s insistence that the PFIPC does not exist, wondering how an agency described as fictitious was captured in the national budget.
“When the Presidency, through the Chief of Staff, said the agency does not exist, I wondered how an agency that found its way into the national budget could suddenly be described as fake,” he said.
He further revealed that he spent 23 days in detention while the 2026 budget was being prepared, insisting that he neither prepared nor defended any budget proposal on behalf of the council.
READ ALSO: PFIPC Scandal: Atiku Condemns Arrest Of Adeyemi’s Father, Demands Immediate Release
He added, “I was in detention for 23 days during the period the budget was being prepared. I did not prepare or defend any budget, and nobody went to defend it on my behalf. That is why I am confused about how the agency found its way into the national budget.”
Addressing his allegations against the President’s Chief of Staff, Femi Gbajabiamila, Adeyemi said he would rather allow an independent investigation to determine the truth than continue making accusations.
“I wouldn’t say he’s lying, and I wouldn’t say he’s telling the truth. That is why I requested that Mr President set up an investigative panel to unravel the truth, so we will know those involved,” he said.
Adeyemi also alleged that gunmen attacked him near Zuma Rock in September 2025. He insisted that his involvement with the council was motivated by his passion for attracting foreign investment into Nigeria.
“I don’t really have a negative plan. It’s all about passion for the country. That agency is to bring foreign investors to Nigeria and make Nigeria a preferred destination for investment,” he said.
Meanwhile, the Presidency has maintained that the Federal Government never established the PFIPC and has directed the ICPC to complete its investigation and submit its findings within 30 days.
As part of the investigation, Tinubu instructed the anti-graft agency to probe the alleged forged appointment letters and other official government documents reportedly used by Adeyemi to seek official recognition, diplomatic support, including visa facilitation, and to investigate the opening of multiple bank accounts in the names of purported government agencies using allegedly forged documents.
The presidential directive follows growing calls from civil society organisations, opposition politicians and senior lawyers for an independent probe into how the alleged agency reportedly operated from the Federal Secretariat Complex, opened accounts with the Central Bank of Nigeria, secured a ₦1.3 billion allocation in the 2026 Appropriation Act and engaged diplomatic missions despite lacking any enabling law or presidential approval.
Human rights lawyer Femi Falana, who represents Adeyemi, had also questioned how the council was included in the national budget even if the appointment letter was forged. He urged the ICPC to investigate both Adeyemi and Gbajabiamila.
The Presidency, however, has denied any link between Gbajabiamila and the alleged scheme, stating that forensic analysis conducted by the police confirmed the signature on the appointment letter was forged.