U.S. Firm Warns Tinubu Over PFIPC Scandal Allegations

A U.S.-based policy firm, led by Matthew von Batten, has expressed concerns to Nigerian President Bola Tinubu regarding the PFIPC scandal, which involves allegations of financial misconduct related to a $1.3 billion allocation in the 2026 national budget. Adeniyi Adeyemi, the director general of PFIPC, has claimed that he was appointed by the Nigerian presidency but later distanced himself from the agency, which is described as unauthorized.

The firm disclosed that discussions have already occurred with influential members of President Donald Trump's team, and they plan to brief Congress on the matter. Adeyemi has accused Femi Gbajabiamila, the chief of staff to the president, of demanding a portion of the agency's budget and has faced threats to his safety, prompting him to seek protection from U.S. authorities.

An open letter dated July 13, 2026, from Adeyemi calls for a broader independent investigation into the PFIPC allegations.