The House of Representatives Ad-hoc Committee investigating the controversial Presidential Foreign Investment Promotion Council on Thursday uncovered fresh inconsistencies in the documents used to establish the purported agency.
This is as the State House denied any involvement in requesting a budget code for the council or authorising its creation.
The latest revelations emerged during the committee’s investigative hearing at the National Assembly Complex, Abuja, where officials from the State House and the Federal Road Safety Corps appeared before lawmakers to explain their respective roles in the activities of the council, which is alleged to have operated without lawful approval.
The committee is investigating how the PFIPC was allegedly created, secured official government recognition and was integrated into aspects of the Federal Government’s administrative and budgetary processes in the 2026 Appropriation Act despite questions over its legal status.
Representing the Permanent Secretary, State House, the Director of Administration, Abdulkadri Idris, told lawmakers that the presidency neither initiated nor authorised the establishment of the PFIPC and never requested the Office of the Accountant-General of the Federation to generate a budget code for the council.
