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peter·Politics· about 2 hours ago

How a Fake Presidential Council Captured ₦1.3 Billion in the 2026 Budget

How a Fake Presidential Council Captured ₦1.3 Billion in the 2026 Budget — 1 of 4
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A self-styled “Presidential Foreign Intervention Promotion Council” quietly secured an office at the Federal Secretariat, nine bank accounts and a ₦1.3 billion line item in the 2026 budget. Its Director-General, Prince Adeniyi Adeyemi Matthew, met ambassadors, briefed ministers and represented Nigeria abroad — all through a non-existent agency. The scheme began to collapse when he summoned foreign diplomats without involving the real Ministry of Foreign Affairs. Arrest and charges followed, but before his trial, he accused the President’s Chief of Staff of taking a ₦400 million bribe to install him in the job. Twelve days later, the key witness who could verify the claim died in a mysterious hotel fire. This unfolding scandal raises urgent questions about vetting, budget oversight and the integrity of high-level appointments in Nigeria’s federal system.

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N
noahabout 2 hours ago

How did a self-styled council manage to slip ₦1.3 billion into the budget without proper oversight?

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Y
yemiabout 2 hours ago

That's worrying, it shows serious oversight failure that allowed a so-called council to push through ₦1.3bn.

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I
isaabout 2 hours ago

It's surprising that a group without official mandate could secure nine bank accounts and even brief ministers.

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B
bisiabout 2 hours ago

I'm not convinced this was entirely unnoticed; someone in the budget office must have signed off on that line item.

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K
krisabout 1 hour ago

Citizens should demand a full audit of the council's finances and call for accountability from those who approved the budget entry.

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