1. The controversy surrounding the alleged Presidential Foreign Investment Promotion Council deepened on Tuesday as the House of Representatives intensified its investigation into the disputed agency, issuing a 48-hour ultimatum to Ministries, Departments and Agencies accused of frustrating its probe.
The investigation was launched following allegations that the council operated as a government agency despite questions over its legal foundation, with lawmakers examining how it appeared in official records and whether public institutions facilitated its activities.
2. Britain’s new Prime Minister, Andy Burnham, is expected to speak with President Bola Ahmed Tinubu in the coming weeks on Nigeria’s economic reforms. The outgoing British High Commissioner to Nigeria, Richard Montgomery, has made this known.
Yesterday, President Tinubu expressed his willingness to work closely with Burnham, who assumed office on Monday.
3. The Federal Ministry of Foreign Affairs on Tuesday told the House of Representatives Ad Hoc Committee probing the alleged unestablished Presidential Foreign Investment Promotion Council that it rejected the council’s requests for collaboration after discovering discrepancies in documents submitted by its self-acclaimed Director-General, Prince Adeniyi Adeyemi. The ministry’s Permanent Secretary, Ambassador Dunoma Umar Ahmed, said the ministry had no official relationship with the PFIPC.
4. Minister of Defence, General Christopher Musa (rtd) met with President Bola Ahmed Tinubu at the Presidential Villa, Abuja, on Tuesday, dismissing speculations that he wants to quit the cabinet. The Minister said he was surprised by the rumour surrounding his office, adding that he was prepared to take legal action against those peddling the fake news.
5. The Central Bank of Nigeria, CBN, on Tuesday told the House of Representatives ad hoc committee investigating the legal basis, operations and budgetary inclusion of the ‘phantom’ Presidential Foreign Investment Promotion Council, PFIPC that it received authorisation from the Office of the Accountant-General of the Federation, OAGF to open two domiciliary accounts for the council.
6. The Nigeria Hydrological Services Agency, NIHSA, on Tuesday, warned that 17 states will face flooding from July 21 to July 27, 2026. According to the Director General and Chief Executive Officer, NiHSA, Arc Umar Mohammed, the 17 states include Bauchi, Edo, Imo, Kaduna, Plateau, Benue, and 11 additional states.
7. The Senate on Tuesday extended by three weeks the lifespan of its ad hoc committee investigating the Safe Schools Initiative and broadened the scope of the probe to include the Tertiary Education Trust Fund and Nigerian Education Loan Fund. Others for probe are the Universal Basic Education Commission, Federal Ministry of Humanitarian Affairs and Poverty Alleviation, and the National Social Investment Programme Agency.
8. The Nigeria Security and Civil Defence Corps has uncovered a fake university in the Imeke area of Olorunda Local Council Development Area of Lagos State, where operators allegedly admitted students into unaccredited programmes and compelled them to join a Ponzi scheme. The NSCDC said six suspects were arrested during the operation, while 107 students were rescued from the illegal institution.
9. The Inspector General of Police, Olatunji Disu, has said nationwide anti-crime operations conducted between June 9 and June 21, 2026, resulted in the arrest of 1,198 suspects across the federation. Speaking at a monthly conference with strategic senior officers of the Nigeria Police Force in Abuja, the IG disclosed that the arrests spanned various offences, alongside significant recoveries of illegal arms and stolen vehicles and the rescue of abducted victims.
10. The phantom Presidential Foreign Investment Promotion Council (PFIPC) and its embattled Director-General, Prince Adeniyi Adeyemi Matthew, are not legal entities, members of the House of Representatives ad hoc panel probing the agency’s existence heard yesterday. Permanent Secretary in the Ministry of Foreign Affairs, Ambassador Dunoma Umar Ahmed, who appeared before the panel, said the Office of the National Security Adviser (ONSA) disowned the agency in a written communication sent to the ministry in November last year
