How ‘Fake’ Agency Was Included in 2026 Budget — Adeniyi

Olawale Olalekan
7 Min Read

Prince Adeyemi Matthew Adeniyi, the self-styled Director-General of the alleged fake Presidential Foreign Intervention Promotion Council (PFIPC), has revealed how his agency secured a ₦1.3 billion allocation in Nigeria’s 2026 Federal Budget.

​The revelation comes amid nationwide outrage over how a non-existent government entity managed to acquire office space in Abuja’s Federal Secretariat, set up bank accounts, and sneak into the national budget before being exposed by federal security authorities.

​In a video interview with social media activist Martins Vincent Otse (popularly known as VeryDarkMan), Adeniyi detailed his interactions with civil servants at the Budget Office.

​Lobbying the Budget Office: Adeniyi initially approached the Budget Office of the Federation in late 2024 to seek inclusion in the 2025 Appropriation Bill.

​Deferred to 2026: Told that the 2025 budget cycle had closed, officials assured him the proposal would be considered for the 2026 fiscal year.

​Job Promises over Bribes: Adeniyi denied paying monetary bribes (“shini”), claiming he instead offered employment slots to Budget Office staff once the agency commenced recruitment.

​Surprise Allocation: Adeniyi expressed shock that the agency was still captured in the 2026 Appropriation Act, given that he was arrested before the legislative approval process concluded.

During the interview, Adeniyi absolved the Chief of Staff to the President, Femi Gbajabiamila, of responsibility for the budgetary allocation, insisting that he never met him physically.

According to him, he first approached the Budget Office in December 2024 seeking the inclusion of the alleged fake agency in the 2025 budget but was informed that the appropriation process had already closed.

“I went to that Budget Office for the 2025 budget. I submitted the letter and everything that I wanted, but I was told it was already late,” he said.

Adeniyi claimed officials later advised him that the proposal would instead be considered for the 2026 budget.

“When the 2025 budget came out and I didn’t see this budget, those people that I went to then said it would now be for the 2026 budget. We kept in touch because they said it would be considered later,” he added.

He further alleged that a female official facilitated access to the Director-General of the Budget Office, who later referred him to another senior official.

“She helped me to see the oga. Oga now said, ‘Where is my shini?’ I said I don’t have any shini. He later asked me to meet one director,” he claimed.

According to Adeniyi, the director informed him that the proposal could not be accommodated in the 2025 budget but assured him efforts would continue ahead of the 2026 appropriation.

“They were trying for me that maybe they would include it, but unfortunately they said it could not be included in the 2025 budget. They said it would be for 2026,” he said.

Asked whether he paid any official to facilitate the process, Adeniyi denied offering money.

“Honestly, I did not pay any money. I didn’t pay anybody. The only thing I promised was that if I started employing people, I could help them with employment opportunities.

“That was the favour I promised them. I did not give anybody money. It was just a promise that if they had people, I could employ them.”

He claimed that his arrest brought the process to an end and expressed surprise when he later learnt that the agency had appeared in the 2026 budget.

“Immediately, there was a problem; everything stopped. Even the woman that wanted to help was calling because she couldn’t reach me because she was scared. I told her to let everything stop.

“I didn’t even know until they said it was inside the budget. I had already left the office. Where would I still pursue the budget again when I was already facing court?”

When asked whether Budget Office officials might have inserted the agency into the budget after his arrest, Adeniyi said he could not explain how it happened.

“I don’t know because once that problem started, everything stopped. Why would I still pursue the budget when I was already in trouble?” he said.

He also addressed allegations that he paid ₦400m to secure his purported appointment, claiming the money was delivered in United States dollars through his late associate, Dolapo Tanimola.

“Dollars,” he replied when asked the denomination of the money.

Asked who received the funds, he responded, “Dolapo.”

Adeniyi, however, maintained that he never met Gbajabiamila physically.

“I never met Gbajabiamila physically before and after he was appointed. Dolapo Tanimola handled everything for me.”

In the caption accompanying the interview, VeryDarkMan called for a comprehensive investigation into the Budget Office and other government institutions, arguing that Adeniyi should not be the only person held accountable if his allegations prove true.

Pan-Atlantic Kompass reports that Adeniyi’s claim on the inclusion of the alleged fake agency in the 2026 budget have not been independently verified, and the officials and institutions mentioned have not publicly responded to the latest claims.

Recall also that the saga began when reports emerged that  Adeniyi allegedly operated a fictitious government agency known as the Presidential Foreign Intervention Promotion Council, presenting himself as its Director-General while allegedly using forged government documents and operating from an office within the Federal Secretariat in Abuja.

It was alleged that the appointment letter he relied upon was forged and falsely attributed to the Office of the Chief of Staff to the President.

Security agencies subsequently arrested and charged him with offences including forgery and impersonation.

Despite the lack of legal existence, the fake agency later appeared in the 2026 budget with an allocation of about ₦1.3bn, sparking public outrage and calls for an investigation into Nigeria’s budget process.

The Presidency has consistently described Adeniyi as an impostor and distanced the Federal Government from the alleged organisation.

Pan-Atlantic Kompass

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Olalekan Olawale is a digital journalist (BA English, University of Ilorin) who covers education, immigration & foreign affairs, climate, technology and politics with audience-focused storytelling.