• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News

Adeyemi admits borrowing N400m for disputed appointment

Victory Emmanuel by Victory Emmanuel
July 14, 2026
in News
0 0
0
Adeyemi
thenacre-campaign

Disowned PFIPC Director-General says lenders have petitioned the EFCC to recover the money as the Presidency maintains the appointment was forged

Adeniyi Adeyemi, the embattled Director-General of the disowned Presidential Foreign Intervention Promotion Council (PFIPC), has revealed that the N400 million he claimed to have paid to secure his controversial appointment was borrowed, saying the creditors have now petitioned the Economic and Financial Crimes Commission (EFCC) to recover their money.

Also read: “If PFIPC is fake, who put it in the budget?” Adeyemi fires back

Speaking on Channels Television’s Politics Today on Monday night, Adeyemi said the debt had become an additional burden as investigations into the alleged appointment scandal continue.

The Adeyemi N400m Appointment controversy has dominated public attention since the Presidency declared that no agency known as the PFIPC exists under the administration of President Bola Tinubu.

“I borrowed this money. In fact, those that I borrowed this money from have reported to the EFCC. I borrowed this money to pay for this appointment. They have written to the EFCC, asking me to refund their money.

Perfect-Aesthetic-social-1

“So, I’m not even here to pay the money back. I borrowed this money,” Adeyemi said.

Describing the government’s response to the controversy as unfair, Adeyemi accused unnamed officials of attempting to portray him as someone who manipulated the entire system.

“Imagine the government claiming I manoeuvre the whole system. It’s unfortunate,” he said.

Responding to reports that a United States lobbying firm was assisting him in seeking asylum, Adeyemi dismissed the claims, saying he had only learned of them through media reports.

“I read it the way you read it. Some people call me that they are looking for me,” he said.

Adeyemi added that he had become largely disconnected from developments surrounding the controversy because his social media accounts had been taken down.

“I just ignore; because they sponsor a lot of people to bring my social media handle down. So, I don’t really know much what is going on again. I just hear from family and friends,” he said.

He also denied reports suggesting he intended to flee Nigeria.

Odun Ifa 2026
ADVERTISEMENT

“They pulled my social media handle down, and they still reported that I was about to run away out of Nigeria. I’m still in Nigeria. I’m not going anywhere,” Adeyemi stated.

The controversy began on June 11, when the Presidency, in a disclaimer signed by Chief of Staff to the President, Femi Gbajabiamila, announced that no agency known as the Presidential Foreign Intervention Promotion Council existed within the Federal Government and described Adeyemi as an impostor.

The matter escalated further on July 1, when the President’s Special Adviser on Information and Strategy, Bayo Onanuga, disclosed that police investigations allegedly found that Adeyemi forged a presidential appointment letter purportedly signed by Gbajabiamila, operated a fictitious government agency and maintained 34 bank accounts, including nine allegedly opened in the names of non-existent government bodies.

According to the Presidency, concerns over the council first surfaced in October 2025 after the Nigerian Investment Promotion Commission complained that another government-styled organisation appeared to be carrying out similar functions, prompting official scrutiny.

adron lemon friday

Despite those findings, Adeyemi has consistently maintained that his appointment was authentic.

He argues that he operated publicly for almost three years, interacting with ministries, departments and agencies and receiving foreign delegations without objections from government institutions.

Adeyemi has also alleged that Gbajabiamila received N400 million through a proxy to facilitate the appointment, later demanded an additional N200 million, and sought 48 per cent of a purported N27.4 billion take-off grant earmarked for the council.

Lawyers representing the Chief of Staff have rejected the allegations as false and threatened N10 billion defamation proceedings against Adeyemi.

In a subsequent interview with activist Martins Otse, popularly known as VeryDarkMan, Adeyemi acknowledged that he had never met Gbajabiamila personally and could not verify the identity of the individual with whom he communicated by telephone regarding the alleged appointment.

The controversy has been further complicated by revelations that the PFIPC appeared in the 2026 Appropriation Act with a budgetary allocation exceeding N1.3 billion, raising fresh questions about how an agency the Presidency insists does not exist was included in the national budget.

President Bola Tinubu has since directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the matter and submit its findings within 30 days.

Also read: Adeyemi demands probe, renews claims against Gbajabiamila

While the Presidency maintains that Adeyemi forged official documents and operated unlawfully, Adeyemi continues to insist he was legitimately appointed, leaving investigators to determine the authenticity of the competing claims.

Victory Emmanuel
Victory Emmanuel

Victory Emmanuel is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.

Also read

  • Tinubu to Newly Commissioned Military Officers: The Nation Is Counting on You
  • EFCC returns ₦84m to Edo businessman over property fraud

Related Posts

Makinde
News

Presidency rebukes Makinde over UN probe call

by David Okere
July 14, 2026
Fire Outbreak
General

Massive fire consumes several buildings in New Jersey town (Video)

by Freelanews
January 13, 2020
index 2
General

‘Hilarious’ Reactions trail Gucci grass tainted N462k jeans

by Freelanews
September 22, 2020
Successful African businessman smiling in formal attire, representing leadership and professionalism.
JUST IN

Omoyele Sowore declared wanted by Lagos Police

by Quadri Olaitan
November 3, 2025
efcc
General

‘Zenith Bank fingered’ Businessman petitions EFCC, presidency over unpaid N50mln contract sum

by Freelanews
July 6, 2021

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Supreme Court of Nigeria

Supreme Court restores Electoral Act provisions on party primaries

September 28, 2026
images 2 8

Frequent shawarma consumption may raise cancer, kidney disease risk — experts

September 28, 2026
images 1 8

Police arrest 27-year-old man over alleged killing of 80-year-old father in Katsina

September 28, 2026
Wike 1

Stop attacking governors, focus on workers’ welfare — APC chieftain tells Wike

September 28, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie scaled

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Supreme Court of Nigeria

Supreme Court restores Electoral Act provisions on party primaries

September 28, 2026
images 2 8

Frequent shawarma consumption may raise cancer, kidney disease risk — experts

September 28, 2026
images 1 8

Police arrest 27-year-old man over alleged killing of 80-year-old father in Katsina

September 28, 2026
Wike 1

Stop attacking governors, focus on workers’ welfare — APC chieftain tells Wike

September 28, 2026
ADVERTISEMENT
September 2026
SMTWTFS
 12345
6789101112
13141516171819
20212223242526
27282930 
« Aug    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • photo 2026 09 27 06 20 31

    Prophet Israel Oladele Genesis unveils Luli Prayer Conference 2026, calls for unity

    0 shares
    Share 0 Tweet 0
  • Ogun 2027: Hunye sues Yayi over alleged state-of-origin declarations

    0 shares
    Share 0 Tweet 0
  • Hamzat, Kola Adesina, Liakouris to headline Real Talk With Kike @7

    0 shares
    Share 0 Tweet 0
  • Trump instructs Pentagon to draw up military response over Nigeria crisis

    0 shares
    Share 0 Tweet 0

Just Published!

Supreme Court of Nigeria

Supreme Court restores Electoral Act provisions on party primaries

September 28, 2026
images 2 8

Frequent shawarma consumption may raise cancer, kidney disease risk — experts

September 28, 2026
images 1 8

Police arrest 27-year-old man over alleged killing of 80-year-old father in Katsina

September 28, 2026
Wike 1

Stop attacking governors, focus on workers’ welfare — APC chieftain tells Wike

September 28, 2026
images 23

Elections should not be treated as a do-or-die affair — INEC chairman

September 28, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.