Video of ‘Fake’ Agency DG Challenging Gbajabiamila Resurfaces

• A resurfaced video of Prince Adeniyi Adeyemi Matthew, the man at the centre of the alleged ₦1.3 billion fake agency scandal, has reignited debate as he questions how an agency the Presidency says does not exist appeared in Nigeria’s 2026 budget.

A video of Prince Adeniyi Adeyemi Matthew, the man at the centre of the alleged ₦1.3 billion “ghost agency” scandal, has resurfaced online, adding a new twist to the controversy surrounding the purported Presidential Foreign Intervention Promotion Council (PFIPC).

The footage, recorded during a press conference in June 2026, shows Adeyemi defending his claim to the leadership of the controversial agency while challenging the Presidency’s insistence that the council never legally existed.

Questioning the government’s position, Adeyemi argued that it would be impossible for a non-existent agency to appear in official budget documents without passing through several layers of government approval.

“The national budget does not emerge in isolation. It passes through multiple layers of technical drafting, executive coordination, ministerial inputs, Budget Office review, and finally legislative scrutiny by both chambers of the National Assembly.”

He further questioned the integrity of the budget process.

“The question becomes unavoidable: At what point in this process did references to a non-existent agency allegedly enter the official record? And if they are indeed present in official documentation, what does that imply about the integrity of the process that produced and approved those documents?”

Adeyemi also claimed that the agency operated multiple accounts with the Central Bank of Nigeria (CBN).

“The same acclaimed non-existent agency has a domiciliary account, a pounds sterling account and a Treasury Single Account, all domiciled in the Central Bank of Nigeria. Is it even possible to open an account with fictitious documents in a commercial bank in Nigeria today, let alone the Central Bank of Nigeria?” he asked.

He went further to allege that the Chief of Staff to the President, Femi Gbajabiamila, demanded 48 per cent of the agency’s proposed ₦27.4 billion take-off grant, an allegation the Presidency has consistently denied.

According to the Presidency, the Presidential Foreign Intervention Promotion Council has no legal backing and was never established by the Federal Government.

Authorities allege that Adeyemi forged official documents, including appointment letters bearing the names and signatures of senior government officials, to present himself as the Director-General of the agency.

Investigators also accused him of operating from an office within the Federal Secretariat Complex in Abuja, where he allegedly held meetings with government officials, diplomats and investors while presenting himself as a senior government official.

The controversy intensified after reports revealed that an entity listed in the 2026 Appropriation Act as the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council received more than ₦1.3 billion in budgetary allocations.

Adeyemi is currently facing an eight-count charge bordering on forgery, impersonation, false personation and operating a fictitious government agency before the Federal High Court in Abuja.

While the Presidency has urged Nigerians to disregard his claims because the matter is before the court, Adeyemi insists he is not an impostor and says the judiciary will ultimately determine the case.

Watch video below: