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How fake federal agency DG blew N400m on cars, relatives and luxury – Police

Published

3 months ago

August 9, 2026

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The Nigeria Police Force (NPF) says investigation has uncovered how fake Director-General of a fictitious Presidential Economic Advisory Council (PEAC)/Presidential Foreign Intervention Promotion Council (PFIPC), Prince Adeniyi Adeyemi Matthew, blew N400 million on cars, relatives and luxury items.

According to the police, Adeyemi never converted the N400 million to dollars, contrary to his claim.

Also, there was no record he gave the Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila, any money.

The principal suspect also contradicted his allegations against Gbajabiamila by claiming that he secured the appointment in March 2024 and gave N400 million bribe to get appointment in 2025.

It was also discovered that he obtained another N100 million loan from a microfinance bank to meet up with his highlife taste.

But five top government officials have been identified and quizzed for playing a major role in facilitating the commission of the offences.

They are two directors in the Office of the Accountant-General of the Federation and the Office of the Head of the Civil Service of the Federation

Others are a Special Assistant in the Budget Office; an Assistant Director with the Ministry of Budget and Economic Planning; and a seconded staff from the Office of the Secretary to the Government of the Federation.

According to The Nation, the police also grilled twenty two (22) suspects, whose names appeared in the course of the investigation.

The Police had probed a case of alleged criminal conspiracy, forgery, impersonation, obtaining money under false pretences, theft of public funds and money laundering.

The same report has been made available to the Office of the Attorney-General of the Federation and Minister of Justice, sister security agencies and relevant Ministries, Departments and Agencies.

For the first time, the Police also revealed the five names of those who aided Adeyemi to infiltrate the government MDAs.

The officials have also been recommended for trial by the police depending on the opinion of the Director of Public Prosecution (DPP).

The report contained the details of how money was wired into Adeyemi’s accounts and how it was spent.

The report reads in part: “The Nigeria Police Force is investigating a case of alleged criminal conspiracy, forgery, impersonation, obtaining money under false pretences, theft of public funds and money laundering reported through a written petition No.SH/COS/80/A/42 dated 17th October, 2025 by Rt. Hon. Femi Gbajabiamila, the Chief of Staff to the President, Federal Republic of Nigeria, addressed to the Director-General, Department of State Services (DG DSS) which was copied to the Inspector-General of Police for action.

“In the letter of complaint, attention of the Director-General, DSS and the Inspector-General of Police was drawn to the activities of fraudsters and impostors forwarding official appointment letters purportedly from the Chief of Staff to the President.

“The Inspector-General of Police directed the IGP-Monitoring Unit to investigate the case.

“The IGP-Monitoring Unit immediately commenced investigation; arrested the principal suspect, Prince Adeniyi Adeyemi Matthew, Director-General of a fictitious Presidential Economic Advisory Council (PEAC)/Presidential Foreign Intervention Promotion Council (PFIPC) on 27th October, 2025.

“His statement was obtained under words of caution in which he claimed that he got the fake appointment letter from one Babatunde Dolapo Tanimola (late). The suspect was subsequently charged to Court in November, 2025 for the offences of Criminal Conspiracy and Forgery.

“The Inspector-General of Police also received petition letter No. SH/COS/80/A/50 dated 29th June, 2026 from the same complainant, Rt. Hon. Femi Gbajabiamila, Chief of Staff to the President, Federal Republic of Nigeria against the same Prince Adeniyi Adeyemi Matthew.

“The complainant attached petition letters Nos. SH/COS/80/A/42 and SH/COS/80/A/45 dated 17th October, 2025 and 27th April, 2026 respectively, earlier addressed to the Director-General, Department of State Services.

“The petition was subsequently approved and referred to the Nigeria Police Force National Cybercrime Center (NPF-NCCC) through letter No. CB: 3380/IGP.SEC/ABJ/VOL.46/178 dated 1st July, 2026 for discreet investigation and report.

“The complainant, Rt. Hon. Femi Gbajabiamila, in his petition, made the following allegations:

(i) That one Prince Adeniyi Adeyemi Matthew had been parading himself as the Director-General of a fictitious Presidential Economic Advisory Council (PEAC)/Presidential Foreign Intervention Promotion Council (PFIPC) and that the Chief of Staff to the President signed the appointment letter purportedly appointing Prince Adeniyi Adeyemi Matthew as the Director-General of the Agency in question;

(ii) That the suspect used his fictitious capacity to secure an office in the Federal Secretariat Complex, FCT, Abuja;

(iii) That the suspect secured a recruitment waiver to employ about Three Hundred (300) staff through the office of the Head of Service of the Federation;

(iv) He also requested the inclusion and secured approximately One Billion, Three Hundred Million Naira (#1,300,000,000.00) for the said Agency in the 2026 Appropriation Act;

(v) That the suspect had further gone ahead to plan and arrange a World Investment Summit scheduled to take place in 2026.

“On receipt of the complaint, the investigative team commenced investigation by obtaining voluntary statement from the complainant, Rt. Hon. Femi Gbajabiamila.

“The team also obtained the complainant’s specimen signature, and he equally attached copies of some letters he signed sometimes in the year 2024, about the period the suspect claimed he was purportedly issued the suspected forged letters of appointment by the complainant as his known specimen signature for forensic analysis.

“Letters of investigation activities requesting for information were written and dispatched to the Permanent Secretary, State House, Offices of the Secretary to the Government of the Federation, Accountant-General of the Federation, Director-General Budget Office of the Federation, Head of Service of the Federation, Federal Ministries of Finance, Budget and Economy, the Clerk of the National Assembly, the Registrar, Supreme Court of Nigeria, Central Bank of Nigeria, Corporate Affairs Commission, Nigerian Financial Intelligence Unit (NFIU), Financial Institutions and National Hospital, Abuja.

“The team also forwarded to the Forensic Section of the Force C.I.D, Abuja for analysis and report, the specimen signatures of the complainant, Rt. Hon. Femi Gbajabiamila, Chief of Staff to the President and one Mr. Segun Imohiosen, who denied signing certain disputed documents purportedly bearing their signatures.

“The team has so far obtained voluntary statements from the Complainant and Seven (7) witnesses. Also, cautionary statements were recorded from twenty-two (22) suspects, whose names appeared in the course of the investigation.

“These include the cautionary statement of the principal suspect, Prince Adeniyi Adeyemi Mathew and statements obtained from officials of the Ministries, Departments and Agencies listed above.”

The police gave the details of how Adeyemi lured a businessman to part with N400 million in anticipation of a renovation contract.

Apart from allegedly collecting money from some unnamed individuals, the police indicated in the report that he obtained N100 million loan from a microfinance bank.

The report added: “Analysis conducted on the principal suspect’s World Entre University Nigeria Ltd, GTBank account No. 0695674387 revealed that the suspect received the total sum of Three Hundred and Eighty Million Naira (N380,000,000.00) in four (4) tranches from Divine Dopacy Nigeria Ltd, a company owned by one Oyekunle Gbenga Collins, who was allegedly lured by the suspect to part with the funds under the false pretence of facilitating the award of a Two Billion, Eight Hundred Million Naira (#2,800.000,000.00) contract for renovation of an official residence allocated to the suspect by the EFCC.

“Further analysis on the account revealed that the suspect used the proceeds for the purchase of two (2) personal vehicles and equally transferred large sum from the proceeds to his personal accounts and other family members which was subsequently laundered against his claim of converting the total N400 million to USD and handed over to the complainant (Gbajabiamila) through late Babatunde Dolapo Tanimola.

“Analysis conducted on the principal suspect’s Sunshine Confectionary and Catering Services Access Bank Plc Account No. 1379777557 revealed that the suspect received the sum of N20 million from the same Divine Dopacy Nigeria Ltd owned by Oyekunle Gbenga Collins.

The suspect also laundered the proceeds through his personal expenses and donations as against his claim of converting the total N400 million to USD and handed over to the complainant through (the) late Babatunde Dolapo Tanimola.”

The police indicated that its forensic analysis confirmed forgery of appointment letter and other correspondences by Adeyemi.

The police said: “Response letter No.CR: 3000/X/FCID/FHQ/ABJ/VOL.9/30 dated 18th March, 2026 from Handwriting Experts sent to the IGP-Monitoring Unit through Deputy-Inspector-General of Police, Force Criminal Investigation letter No. (FCID) “CR:3000/X/FHQ/ABJ/VOL.324/76 dated 31st March, 2026 confirmed that the signatures on the disputed documents are not the same with the signature of the complainant. This confirms the purported letters of appointment were not issued by the complainant.

“One Mr. Segun Imohiosen, the former Director, Information and Public Relations, Office of the Secretary to the Government of the Federation alleged to have signed Mandate and Terms of Reference for pioneering office of the Presidential Foreign Investment Promotion Council dated 6th January, 2025 reported on 17th July, 2026 and confirmed that he did not sign the purported document.

“He also confirmed that the signature in the purported document is not his signature and his office was not responsible for the issuance of mandate. He subsequently provided his specimen signature for forensic analysis.

“Investigation revealed that the Principal suspect, Prince Adeniyi Adeyemi Matthew forged a letter of appointment purportedly signed by the Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila and a purported Act establishing the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council, CHAPTER N2117.

“The suspect fraudulently smuggled the forged documents to the Offices of the Secretary to the Government of the Federation, the Head of Service of the Federation, Accountant-General of the Federation and Director-General, Budget Office of the Federation.

“The staff in the office of the Secretary to the Government of the Federation, the Head of Service of the Federation, Accountant-General of the Federation and Director-General, Budget Office of the Federation negligently processed and approved all requests made by the suspect which led to the fictitious agency getting Administrative Code, office space at the Federal Secretariat, official vehicles, Authorized Establishment, Administrative Waiver to recruit Three Hundred (300) Staff, Secondment of Officers, opening of two Accounts with the CBN, which include one (1) USD and one (1) GBP Accounts, Provisional Self-Accounting Status for six months and Inclusion in the 2026 Appropriation budget.

“The staff in these offices failed to conduct due diligence, thereby allowing the forged documents smuggled by the principal suspect to get approvals.

“It has also been established that the Request for Administrative Code for Presidential Foreign Investment Promotion Council purportedly written and signed by one Akanbi Adewale, Director, Administration and Support Services, State House did not emanate from the State House as investigation revealed that both the signatory and the Department have never existed in the organogram of the State House.

“The original copy of the response for the Administrative Code from office of the Accountant-General of the Federation, addressed to State House was mysteriously received by the principal suspect, Prince Adeniyi Adeyemi, who is not a staff of State House.

“The principal suspect, Prince Adeyemi, allegedly used the fictitious agency to fraudulently award contract of (N2.87 billion) to refurbish a property allegedly allocated to his office by the EFCC, which enabled him to obtain the sum of N400 million from Gbenga Oyekunle Collins, as facilitation fee for the contract.

“He also took a loan of N100 million from a micro-finance bank and also obtained unspecified amounts of money from unsuspecting members of the public under the guise of issuing to them, Diplomatic Passports, Note-verbale and visas.

The police identified five top government officials for playing a major role in facilitating the commission of the offences.

They are two directors in the Office of the Accountant-General of the Federation and the Office of the Head of the Civil Service of the Federation. Others are a Special Assistant in Budget budget office; an Assistant Director with the Ministry of Budget and Economic Planning; and a seconded staff from the Office of the Secretary to the Government of the Federation.

The report said: “Investigation further revealed that some key staff of ministries agencies played major role in facilitating the commission of the offences.”

“The Force has forwarded an Interim Investigation Report to the Hon. Attorney-General and Minister of Justice of the Federation requesting him to amend the previous charge filed by the Police Monitoring Unit, to include the newly established facts and the duplicate case file be forwarded to the Director Public Prosecution for vetting, advice and harmonization of all investigations by the various Agencies relating to the fake agency.

“The Force has also requested the Clerk of the National Assembly to respond to our letter of inquiry to shed light on circumstances surrounding the budget defence and subsequent passage of N1.3 billion for the fictitious agency in the 2026 Budget?

Related Topics:Adeniyi Adeyemi PFIPC Police

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Wale Tinubu, Rabiu, others Join President Tinubu in Makkah for Umrah

Published

15 hours ago

October 31, 2026

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The Group Chief Executive Oando Plc, Jubril Adewale Tinubu; Chairman of BUA Group, Abdul Samad Rabiu, and several other Nigerian business mogul have joined President Bola Ahmed Tinubu in Makkah, Saudi Arabia, for the performance of Umrah, the lesser Islamic pilgrimage.

The presence of the prominent Nigerian business leaders alongside the President in the holy city has drawn attention, bringing together three influential figures from Nigeria’s political and business communities in a moment of religious observance.

Tinubu and Rabiu, both prominent names in Nigeria’s corporate landscape, were seen alongside the President dressed in the traditional white Ihram garments worn by Muslim pilgrims performing Umrah.

Umrah, unlike the obligatory Hajj pilgrimage, can be undertaken at any time of the year. It involves a series of religious rites in Makkah and holds profound spiritual significance for Muslims across the world.

For the Nigerian business community, the appearance of the corporate leaders alongside the President also offers a glimpse into the intersection of faith, business and public life, particularly when influential figures come together outside the usual settings of boardrooms, corporate engagements and official functions.

The development comes as President Tinubu undertook the pilgrimage to seek divine guidance and offer prayers for Nigeria’s peace, unity, stability and progress.

According to the Presidency, the President performed the Umrah rites early Friday, October 30, at the Grand Mosque, Masjid al-Haram, where he circumambulated the Holy Ka’abah.

Speaking after completing the spiritual exercise, Tinubu described the pilgrimage as significant, linking it to his commitment to Nigeria and its people. He also expressed gratitude to Allah for the opportunity to pray for the country.

The President’s prayers reportedly centre on national harmony, security, economic prosperity and the need for Nigerians to live together peacefully.

Rabiu also used the occasion to express his hopes for the country, describing it as an honour to accompany the President on the spiritual journey. He prayed for lasting peace, unity and prosperity in Nigeria.

For Tinubu, whose Oando Group occupies a prominent position in Nigeria’s energy industry, the journey offered a departure from the familiar world of corporate leadership and business engagements. Rabiu, similarly, is a major player in the country’s industrial sector, with interests spanning manufacturing, cement and food production.

Their appearance in Makkah alongside the President underscores the presence of leading figures from Nigeria’s private sector at an important spiritual moment for the country’s leader.

Umrah, often described as the lesser pilgrimage, is a significant act of worship in Islam. Unlike Hajj, which takes place during a specific period in the Islamic calendar, Umrah can be performed throughout the year.

President Tinubu is expected to return to Nigeria next week after completing his spiritual engagements in Saudi Arabia.

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Atiku’s son Abba Abubakar promises to deliver Adamawa for Tinubu

Published

20 hours ago

October 31, 2026

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Abba Abubakar, son of former Vice-President Atiku Abubakar, has promised to deliver Adamawa, his father’s state, for President Bola Tinubu in the 2027 elections.

He spoke on Friday at the All Progressives Congress (APC) national secretariat in Abuja during the Haske Bola Tinubu Organisation (HBTO) unveiling and the launch of its subsidised public transportation support scheme.

Abubakar, HBTO founder, said his decision to back Tinubu is not an attempt to antagonise his father, the African Democratic Congress (ADC) presidential candidate.

“I recognise that political decisions, particularly those that differ from the positions of individuals with whom one shares personal and family relationships, often attract considerable public attention,” he said.

“However, political conviction is a matter of personal judgment, conscience, and the freedom of every individual to make independent choices.

“My decision to establish and lead the HBTO is a deliberate political choice made with a firm belief in the direction we have chosen.”

He said democracy is strengthened when individuals can make independent political choices, engage in constructive dialogue, and support the leadership and political platforms they believe best represent their aspirations.

“It is within this spirit that HBTO was established,” he said.

He commended the economic reforms introduced by the Tinubu administration, citing the Nigerian Education Loan Fund (NELFUND), national infrastructure investments, increased statutory allocations to state governments, and transport support schemes as some of the key social intervention programmes.

Asked whether he would ensure the president gets maximum votes in Adamawa, Abubakar said: “Yes, yes, yes. We are going to deliver Adamawa state.”

He, however, said his decision should not be seen as a betrayal of his family ties or his father’s political aspiration.

“I’ve always supported my father since I started acting in politics, and I supported him because of what he has done for the country,” he said.

“But I believe that whenever a government comes out with policies that will help the people, I will join them.

“It’s not just because it’s my father. I don’t think I am antagonising him; I simply believe in the current government’s policies and the reforms taking place.”

Abubakar joined the APC in January 2026, vowing to mobilise support for Tinubu’s re-election.

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Good morning! Nigerian Newspapers Headlines: How AI-generated photos entered voter register, by INEC

Published

24 hours ago

October 31, 2026

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1. The Independent National Electoral Commission (INEC) yesterday blamed some of its registration officers across the country for the appearance of suspected artificial intelligence (AI)-generated photographs and other irregularities in its preliminary voters’ register.

The commission alleged that some officials exploited their authorised access to its registration system to introduce questionable records into the database.

2. Rising temperatures, compounded by erratic electricity supply, are forcing residents in many states to sleep outdoors, take repeated night-time baths and spend more on alternative power sources as households struggle to cope with the heat. While many Nigerians who spoke with Saturday PUNCH reported prolonged blackouts and inadequate water supply, others said the conditions had made nights uncomfortable.

3. Troops conducting internal security operations across the country killed more than 217 terrorists and other armed criminals in October, the Defence Headquarters, DHQ, has said. The operations, conducted between September 30 and October 30, also led to the rescue of hundreds of kidnapped victims, the arrest of suspected terrorists and their collaborators, and the surrender of more than 50 terrorist fighters and their family members.

4. A businessman, Akinbolusere Kayode, popularly known as Tolufe, has allegedly committed suicide at Igba town in Ondo State, after lamenting his personal and business challenges in a video that has gone viral on social media. Akinbolusere, 46, reportedly died in his office beside BOVAS Petrol Station, Igba Town, at about 3 pm on Thursday. The State Police Command confirmed his death in a statement issued by its spokesperson, Jimoh Abayomi, in Akure on Friday evening.

5. Omoyele Sowore, presidential candidate of the African Action Congress, AAC, and the Ekiti State Police Command have given conflicting accounts of an incident at a restaurant in Ado-Ekiti, Ekiti State, on Friday. While Sowore insisted that he and members of his team were violently attacked, the police described the incident as an altercation with some individuals, saying the activist sustained a minor injury.

6. The Federal Capital Territory Police Command has arrested a pastor, Edwin Nwabueze, and another suspect, Sadiq Jamiu, over the alleged theft of a Toyota Camry in Abuja. The vehicle was reportedly stolen at UTC Plaza in the Garki area of the Federal Capital Territory. The police said Nwabueze, who identified himself as a pastor with Salvation Power Bible Ministry in the North Bank area of Benue State, was arrested, following investigations into the theft.

7. Kemi Badenoch, leader of Britain’s Conservative Party, says “racist attacks” against her are “not going to work”, after Raheem Kassam, a former aide to Nigel Farage, called her a “Nigerian scammer”. Badenoch spoke during an interview on ITV’s Good Morning Britain on Thursday, following a series of posts by Kassam criticising her.

8. Senator Adams Oshiomhole has defended President Bola Tinubu’s decision not to attend every campaign rally ahead of the 2027 general elections. He insisted that there is no contradiction between the President’s religious activities and his responsibility to govern the country. Oshiomhole said Tinubu’s decision to limit his participation in campaign activities was a matter of choice and the prerogative of the ruling All Progressives Congress.

9. The Nigeria Security and Civil Defence Corps, Kano State Command, has busted an illegal diesel refining site at Panisau, Ungoggo Local Government Area of Kano State, leading to the arrest of five suspects. This was disclosed on Friday in a statement signed by the command’s Public Relations Officer, Ibrahim Abdullahi.

10. A 15-year-old Ghanaian boy, Javits Frimpong, has been shot and killed in the Bronx, New York, while on his way to school, with his father alleging that bullying at school may have contributed to the incident. Frimpong was shot in the stomach near East 171st Street and Third Avenue shortly after 9 a.m. on Thursday, according to law enforcement officials. The shooting happened just steps from his home.