By The Evangelist, Uyo
The Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), Adeniyi Adeyemi, has denied allegations linking him to the operations of an alleged fake government agency, insisting that the accusations are misleading and politically motivated. In his response, Adeyemi also pointed to other Ministries, Departments and Agencies (MDAs), alleging that similar irregularities exist across the public sector.
The controversy follows reports questioning the legitimacy and operations of the PFIPC, with critics alleging that the council lacked the legal backing to function as a federal government agency. The allegations have sparked public debate over the proliferation of agencies purportedly operating under government authority.
Reacting to the claims, Adeyemi maintained that the council’s activities were carried out in good faith and in pursuit of attracting foreign investment to Nigeria. He argued that rather than singling out the PFIPC, investigators should widen their probe to include other MDAs whose operational status and mandates may also require scrutiny.
The development has generated fresh calls from stakeholders for greater transparency and accountability in the establishment and regulation of government agencies. Analysts say the controversy underscores the need for clear legal frameworks and stronger institutional oversight to prevent confusion and protect public confidence.
As the matter continues to unfold, observers expect the appropriate government authorities to conduct a thorough and impartial investigation to determine the legitimacy of the allegations and ensure that any agency operating outside the law is held accountable.
The outcome of such inquiries is expected to provide clarity on the status of the PFIPC and any other affected institutions.
