Adeyemi Adeniyi Admits to Borrowing N400 Million for PFIPC Role

Adeyemi Adeniyi, the self-acclaimed director of the Presidential Foreign Intervention Promotion Council (PFIPC), revealed in a Zoom interview that he borrowed N400 million to secure his appointment. This statement was made during a political program on Channel Television.

The Economic and Financial Crimes Commission (EFCC) has described his actions as unfortunate and embarrassing, questioning the integrity of the entire federal government system. Adeniyi's admission has raised concerns about financial misconduct, as he acknowledged borrowing the money to pay for his appointment.

The EFCC is reportedly investigating the matter further, particularly in light of allegations that a U.S. lobbying firm assisted him in seeking asylum. The situation has sparked significant public interest and scrutiny regarding the practices surrounding appointments in government positions.