Senate Rejects Probe into Presidential Investment Council Scandal

On Wednesday, the Nigerian Senate rejected a request to launch an independent investigation into the controversies surrounding the Presidential Foreign Investment Promotion Council (PFIPC). Senator Suleiman Abdulrahman Kawu, representing Kano South Senatorial District, had previously attempted to initiate a probe into the budgetary provisions, including a controversial allocation of 1.3 billion naira in the 2026 Appropriations Act.

Senate President Godswill Akpabio stated that the matter is already under investigation by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and that the Senate should not interfere with ongoing judicial processes. President Bola Tinubu had directed the ICPC to investigate the PFIPC within 30 days.

The Senate maintained its position, emphasizing that the issue is sub judice and that it would be premature to conduct a separate inquiry. Allegations against the PFIPC include claims of impersonation and bribery involving its Director General, Adeniyi Adeyemi, and Chief of Staff, Femi Gbajabiamila.