Home News More Confusion on the PFIPC Scandal as Accountant General Contradicts Presidency Over...

More Confusion on the PFIPC Scandal as Accountant General Contradicts Presidency Over Controversial CBN Account

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The controversy surrounding the Presidential Foreign Intervention Promotion Council (PFIPC) has taken a dramatic turn after the Office of the Accountant General of the Federation (OAGF) publicly contradicted claims made by the Presidency regarding the agency’s financial operations.

In a statement issued on Monday, the OAGF insisted that the PFIPC does not have an operational account with the Central Bank of Nigeria (CBN), has never received any government funds, and has no approved payroll through which salaries could have been paid. The office maintained that no kobo had been disbursed to the council from the federal treasury, directly challenging earlier reports and claims surrounding the controversial agency. (Daily Trust⁠)

The clarification comes amid growing scrutiny over the existence and activities of the PFIPC, an agency that has sparked national debate after questions emerged about its legal status, budgetary allocation, and alleged operations within government circles. While the Presidency has distanced itself from the council, revelations in recent days have fueled concerns over how the agency reportedly secured a budget code and other official recognitions before its legitimacy came under question. (Premium Times Nigeria⁠)..READ THE FULL ARTICLE HERE .

According to the Accountant General’s office, despite widespread speculation, the PFIPC has neither an operational CBN account nor any approved financial structure that would enable it to receive or spend public funds. The statement stressed that government financial records do not show any transfer or allocation to the council and urged the public to disregard claims suggesting otherwise. (Daily Trust⁠)

The latest development adds another layer of uncertainty to an issue that has already triggered widespread public interest and demands for a full investigation. Critics have questioned how an entity now being disowned by key government institutions appeared in official records and reportedly obtained administrative approvals before the controversy erupted.

As investigations continue, many Nigerians are calling for transparency and accountability to establish how the PFIPC emerged, who facilitated its activities, and whether any public resources were committed to its operations. The conflicting statements from different arms of government have only intensified calls for a thorough probe to restore public confidence in the country’s administrative and financial systems.

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