Reps Investigate Irregularities in Presidential Councils

The House of Representatives has initiated an investigation into the Presidential Foreign Investment Promotion Council and the Presidential Economic Advisory Council due to irregularities in their operational documents. Didi Esther Walson Jack, representing the Office of the Head of Civil Service of the Federation, stated that the establishment of these councils lacked a valid legal framework.

The councils had submitted a request for approval of their organizational structure on August 6, 2025, which was declined due to the absence of required supporting documents. Furthermore, it was revealed that the councils sought to recruit personnel without proper authorization, with a request for 314 positions, including 14 existing staff and 300 additional roles.

The Central Bank of Nigeria, represented by Hamisu Abdullahi, confirmed that two foreign currency accounts opened for these councils remain inactive with zero balances, and no financial transactions have occurred since their establishment. The House committee is seeking complete records related to these accounts.