A ₦400 million payment allegation has surfaced against Adeniyi Adeyemi as the House of Representatives intensifies its probe into the controversial Presidential Foreign Intervention Promotion Council (PFIPC).
The claim was made by businessman Gbenga Collins, Managing Director of Divine Dopacy Nigeria Limited, during a hearing on Tuesday before an ad hoc committee investigating the PFIPC, which was allocated ₦1.3 billion in the 2026 Appropriation Act despite being described by the Presidency as a fictitious agency.
Collins told lawmakers that Adeyemi presented himself as Director-General of the PFIPC and the Presidential Economic Advisory Council, and leveraged that position to demand a “facilitation fee” tied to a contract for the renovation and furnishing of a residence described as official.
“I had to pay ₦400 million for the facilitation of that project to show my strength that I would be able to handle the project,” Collins said. “He also said it would fast-track mobilisation.”
According to his testimony, the payments were made in five instalments between May and July 2025 into bank accounts linked to World Entrepreneurs Limited and Sunshine Confectionery and Catering Services.
Collins further alleged that Adeyemi operated from an office within the Federal Secretariat in Abuja, used vehicles with government number plates, and moved with security personnel—factors he said gave the impression of official authority.
He added that despite receiving contract documents, including an award letter and scope of work, the promised mobilisation funds never materialised.
The businessman told the panel that the failed deal caused severe financial strain, forcing him to raise funds from associates and dispose of personal assets.
The allegations form a central part of the ongoing investigation into the PFIPC, as lawmakers seek to determine how the entity—now widely described as non-existent—secured budgetary allocation, office space, and apparent government backing.
The House committee is continuing its inquiry to establish the facts surrounding the alleged payments, the legitimacy of the contract claims, and whether any laws were violated.
