OAGF Confirms No Funds Released to PFIPC
The Office of the Accountant General of the Federation (OAGF) has stated that no public funds have been released to the Presidential Foreign Intervention Promotion Council (PFIPC). Mr. Bawa Mokwa, the Director of Press and Public Relations at OAGF, explained that the council has neither received a budgetary allocation nor financial disbursement from the federal government.
The council's application to open an account with the Central Bank of Nigeria (CBN) has not been completed due to missing required documents, preventing the account from being operational. Consequently, the PFIPC has not collected any funds, and no salaries have been paid to its staff, as no personnel have been recruited following statutory procedures.
The OAGF emphasized that the PFIPC's financial expectations are tied to the 2026 budget, which has not yet reached the implementation stage. Claims that the council has received public funds or paid salaries are unfounded.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Enjoy this article?
Get the weekly Nigerian roundup — top stories, NPFL, naira. One email, Sunday morning.
Related Stories
OAGF Denies PFIPC Has CBN Operational Account
Budget Office Confirms No PFIPC Funds Released
Budget Office Confirms PFIPC Funds Appropriated, Not Spent
No Funds Released for PEAC/PFIPC, Budget Office Confirms
AGF Summoned Over PFIPC Inclusion in 2026 Budget
No Funds Released for PEAC/PFIPC, Budget Office Confirms
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
