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 ₦1.3 billion 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 analysts and other commentators have already pointed out, but they nonetheless require restating. There is a failure of due diligence in budgeting. The 2026 Appropriation Act contained ₦1.3 billion for the “Presidential Economic Advisory Council/PFIPC.”
