‘Fake’ PFIPC secured budget code but received no govt funds — Reps panel

Nigerian Tribune | 02-09-2026 09:22pm |

The House of Representatives in Nigeria is looking into a group called the Presidential Foreign Investment Promotion Council (PFIPC). The committee found that this group got a budget code, which is a way to track government funding, but it did not actually receive any money from the government. The chairman of the committee, Hon. Yusuf Gagdi, shared this information during an interview on a television program. This situation raises questions about the legitimacy and operations of the PFIPC.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.