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Forgery: PFIPC DG Adeyemi Docked, Remanded In Prison
The self-styled Director-General (DG) of the alleged “non-existent” Presidential Foreign Investment Promotion Council (PFIPC), Prince Adeniyi Adeyemi, was on Wednesday arraigned before the Federal High Court in Abuja.
Adeyemi, who has been in detention since July 14, when he was arrested on the strength of a bench warrant issued by the court, was docked on an eight-count charge relating to forgery, fraud and impersonation.
However, he pleaded not guilty to the charges read to him before trial by Justice Mohammed Umar.
The court ordered his remand at Kuje Prison until October 12, when the full-blown hearing will commence.
Meanwhile, the office of the Attorney General of the Federation and Minister of Justice has taken over the case from the police, with the Director of Public Prosecutions of the Federation (DPPF), Mr Rotimi Oyedepo, SAN, leading the prosecution.
The prosecution applied for an accelerated hearing of the case.
Counsel to the defendant, Mr Genesis Francis, failed to persuade the court to hear his client’s bail application.
After the arraignment, he begged the court to consider the issue of bail, stressing that the defendant, who he said is suffering from a contagious ailment, has a medical appointment fixed for Friday.
The prosecution opposed the application, insisting that the government has adequate facilities to take care of the defendant’s health needs.
Justice Umar held that the bail application would be heard on the adjourned date.
Among those billed to testify in the matter are the Chief of Staff to the President, Mr. Femi Gbajabiamila; Paul Emmanuel; Jeremiah Imoukhede; and Ituah Sylvester.
Other witnesses are civil servants working in the Office of the Accountant General of the Federation (OAGF), Akimbo Shola and Adamu Balongu, as well as a Deputy Superintendent of Police.
Before his arrest, Adeyemi had granted an interview to Channels Television from his hideout, alleging that his withdrawal from public view was due to threats to his life.
He dismissed the insinuation that he was hiding from law enforcement agencies to evade investigation into his alleged involvement in the PFIPC fraud.
He also maintained his allegation that he paid N400 million, through a proxy, to President Tinubu’s Chief of Staff, Gbajabiamila, to secure his appointment as DG of the disputed council.
According to Adeyemi, those from whom he borrowed the N400 million he used to secure the appointment have since dragged him before the Economic and Financial Crimes Commission (EFCC).
An interim police investigation report exposed how the defendant allegedly forged appointment letters and official documents to create the impression that the PFIPC was a legitimate federal government agency.
Police disclosed that the investigation was initiated after the Office of the Chief of Staff to the President petitioned the Inspector-General of Police (IGP) on October 17, 2025, over the activities of individuals allegedly forging official appointment letters purportedly issued from the office.
The petition added that preliminary findings showed the forged documents contained falsified signatures, reference numbers, official seals and the Nigerian Coat of Arms, and that they were allegedly used to appoint individuals into the non-existent PFIPC.
Adeyemi, identified as the principal suspect, allegedly presented himself as the DG of the council and operated from an office within the Federal Secretariat Complex, Phase III, Abuja.
One of those allegedly linked to the fraud, Dolapo Babatunde Tanimola, was said to have died in a fire at a hotel in Abuja.
Meanwhile, Adeyemi, who has since denied that the PFIPC was non-existent, demanded an independent, multi-stakeholder investigative panel to probe the controversy surrounding the alleged N1.3 billion budget insertion for the council in the 2026 Appropriation Bill.
In an open letter to President Tinubu, Adeyemi said he was prepared to provide documentary evidence and fully cooperate with investigators once an independent panel was constituted.
He recommended that the panel include representatives of civil society organisations, the Nigerian Bar Association (NBA), independent media organisations, international financial institutions, human rights groups and diplomatic missions, as well as the ICPC and the EFCC.
Adeyemi said his decision to stay off the radar was further reinforced by the controversial circumstances surrounding the death of Tanimola, whom he described as a key intermediary in the matter.
Some of the counts in the charge against him read:
“That you, Prince Adeniyi Adeyemi Mathew, ‘M’, 38 years of age, of 2nd Floor, Federal Secretariat Complex, Abuja, Femi (surname unknown), and Anu (surname unknown), now at large, on or about the 8th day of March 2024, within the jurisdiction of this Honourable Court, forged presidential letter-headed papers, and thereby committed an offence punishable under Section 1(2)(c) of the Miscellaneous Offences Act, Cap M17, Laws of the Federation of Nigeria.”
“That you, Prince Adeniyi Adeyemi Mathew, ‘M’, 38 years of age, of 2nd Floor, Federal Secretariat Complex, Abuja, Femi (surname unknown), and Anu (surname unknown), now at large, on or about the 8th day of March 2024, within the jurisdiction of this Honourable Court, forged a request for collaboration with the Ministry in the area of land requisition and offices across the 36 states of the Federation, purportedly issued from the State House, Abuja, Nigeria, and thereby committed an offence punishable under Section 1(2)(c) of the Miscellaneous Offences Act, Cap M17, Laws of the Federation of Nigeria.”
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FG Declares War On Scrap Metal Theft, Vandalism
The Federal Government has moved to end the theft and vandalism of public infrastructure through tighter regulation of Nigeria’s scrap metal industry.
The Minister of Steel Development, Prince Shuaibu Abubakar Audu, said the proposed 2026 Scrap Metal Regulations would sanitise the sector, protect critical national assets and boost local steel production.
Audu, represented by the Director, Metallurgical Raw Material Development and Investment Promotion Department, Ime Eprikpo, spoke at a two-day stakeholders’ engagement on the validation of the draft regulations, held in Lagos.
He said the proposed Scrap Metal (Collection, Trading, Recycling and Regulation) Regulations would establish a transparent and sustainable value chain capable of supporting Nigeria’s industrialisation drive.
The minister identified scrap metal as a critical raw material for steel production, foundry operations and other manufacturing activities, noting that effective recycling would reduce waste, create jobs and stimulate economic growth.
He, however, warned that poor regulation had encouraged the theft of electrical cables, railway components, manhole covers and other metallic infrastructure, resulting in disruption of public services, safety risks and huge economic losses.
According to him, the proposed regulations would introduce licensing and supervision of operators, regulate collection and aggregation centres, ensure transaction traceability and enforce environmental and occupational safety standards.
“Our objective is not to suppress legitimate commercial activity. Rather, it is to establish a system in which lawful businesses can operate with greater clarity and confidence, while activities involving stolen materials, unsafe practices or environmental harm are addressed through appropriate regulatory and legal measures,” he said.
Audu stressed that small-scale operators would not be excluded from the regulatory framework, explaining that requirements would be tailored to the size and risks of their businesses.
He called for stronger supplier identification, verification of material sources, reliable transaction records and collaboration with security agencies to check the illegal acquisition and trading of stolen metals.
The minister urged stakeholders to make practical contributions towards ensuring that the proposed regulations were workable and addressed the challenges confronting operators.
Also speaking, the Permanent Secretary of the ministry, Amb. Nura Abba Rimi, represented by the Director, Metallurgical Inspectorate and Environmental Protection Department, Christopher T. Wanje, said effective regulation of the scrap metal industry was critical to building a competitive and self-sustaining steel sector.
He said the regulations would curb illegal metal trading, protect public infrastructure and guarantee reliable raw materials for domestic steel production.
In his goodwill message, the National President of the National Association of Scrap and Waste Dealers Employers of Nigeria, Comrade Pastor Engr. Ogbu Luke Uchechukwu, described the engagement as a landmark development that would lay the foundation for an organised and economically viable industry.
Similarly, the Director-General of the National Environmental Standards and Regulations Enforcement Agency (NESREA), Dr Innocent Bariate Bariko, represented by the Deputy Director, Base Metal Sector, Engr. Walter Okoye, warned that inadequate regulation could expose the environment and public health to serious risks.
He commended the ministry for initiating the proposed regulatory framework.
Also, the Business Manager of Kam Steel Integrated Company Ltd, Busari Olanrewaju, described scrap metal as the backbone of Nigeria’s steel industry.
He pledged the company’s support through the training of scrap collectors, standardised grading procedures, modern sorting and shredding technologies, and increased use of locally generated scrap materials in domestic steel production.
News
Tinubu: NELFUND Is Our Weapon Against Poverty — We Will Continue In That Direction
President Bola Tinubu says the Nigerian Education Loan Fund (NELFUND) is a weapon his administration is deploying to tackle poverty, insisting that the scheme will not be stopped.
The president spoke on Tuesday at the All Progressives Congress (APC) presidential campaign rally held at the Dutse Township Stadium in Jigawa state.
Tinubu said his administration would continue to support the student loan scheme, reiterating that all funds recovered by the Economic and Financial Crimes Commission (EFCC) would be channelled into NELFUND.
“NELFUND is our weapon against poverty. And we will continue in that direction. We will continue,” he said.
“Every money recovered from irregularities by the EFCC is now directed to NELFUND to educate our children. Every asset coveted through irregularities will be invested in NELFUND.”
The president also defended his administration’s decision to remove the petrol subsidy, dismissing calls for its restoration.
“Those who think they should bring subsidy back, they are liars. How will you pay for those commitments? How will you repair the roads? How will you maintain them? How will you function?” he asked.
Tinubu said the removal of the subsidy had created economic opportunities for workers and suppliers, while NELFUND was helping to ease the financial burden of educating their children.
“The labourers, the granite suppliers, they are eating, and they are surviving. We have taken away the problem of the education of their children by establishing NELFUND,” he said.
On August 19, the president directed the EFCC to channel all recovered funds into NELFUND.
Tunji Alausa, minister of education, announced the directive while answering questions from State House correspondents shortly after the weekly federal executive council (FEC) meeting.
Alausa also said the FEC had approved the allocation of all unclaimed dividends in the Capital Market Trust Fund and funds in the Dormant Account Trust Fund to NELFUND to expand its reach and improve its efficiency.
Speaking recently at the launch of Arise Palm Resort in Uyo, the Akwa Ibom state capital, Tinubu said the decision was informed by the need to ease the burden of tuition fees on parents and ensure equal access to education for all Nigerians.
At a press briefing in Abuja on August 31 to highlight the commission’s achievements under his leadership, Ola Olukoyede, EFCC chairman, said the federal government had allocated N100 billion from funds recovered by the anti-graft agency to NELFUND since 2024.
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Anambra Govt Suspends Traffic Officers Who Sang Obi/Kwankwaso Campaign Song
The management of the Anambra State Traffic Management Agency, ATMA, has suspended some of its officers for two months without pay after they went viral recently for singing a campaign song in support of the presidential candidate of the Nigeria Democratic Congress, NDC, Mr Peter Obi, and his running mate, Senator Rabiu Kwankwaso.
According to report, the management announced the suspension of the officers on Tuesday.
The sanction followed the controversy generated by a viral video showing the officers singing an NDC campaign song associated with the political aspirations of Obi and Kwankwaso to a motorist.
The incident reportedly occurred at Nwagu Agulu Junction, where the officers were deployed for traffic control duties.
The officers had earlier been summoned to the agency’s headquarters in Awka to explain their conduct and the circumstances surrounding the incident.
Their two-month suspension without pay is believed to be the outcome of the disciplinary process initiated by the agency following the circulation of the video.
Although the circumstances surrounding the officers’ action remain unclear, there had been suggestions that their singing might have been prompted by the NDC logo they reportedly sighted in the motorist’s car.
The development has reportedly thrown the affected officers into distress, with some expressing fears about their future following the disciplinary action.
It was gathered that some of the affected officers had been weeping and approaching influential personalities who could intervene on their behalf and appeal to the relevant authorities for leniency.
Meanwhile, relatives of the affected officers have appealed to public-spirited individuals to come to their aid by helping them secure alternative employment opportunities in view of their present circumstances.
The relatives reportedly fear that the suspension, particularly without pay, could worsen the economic situation of the affected officers and their families.
The incident has also raised questions about the extent to which public officers can freely express their political preferences, particularly when such expressions occur while they are performing official duties.
While public servants retain their constitutional rights as citizens, the regulations governing their respective agencies may restrict partisan political activities, especially when carried out in official uniforms or during working hours.
However, it remains unclear whether the two-month suspension was specifically imposed for breaching ATMA’s operational regulations or for other reasons connected with the incident, report said.
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