The Ministry of Foreign Affairs has told the House of Representatives ad hoc committee investigating the alleged establishment of the Presidential Foreign Investment Promotion Council (PFIPC) that it never had any official relationship or engagement with the council or its self-acclaimed Director-General, Prince Adeniyi Adeyemi.
In a letter dated July 21, 2026 and addressed to the Chairman of the committee, the ministry said available records showed that Prince Adeyemi approached it on three occasions seeking collaboration and endorsement to host a World Investment Summit in Nigeria in 2025 and 2026.
According to the ministry, the requests were received on June 26, 2025, August 5, 2025, and June 5, 2026, but were not approved because of the need to conduct due diligence and concerns over discrepancies contained in the requests.
The ministry said its decision not to act on the requests was also influenced by the ongoing investigation into the legitimacy of the PFIPC and the status of its alleged director-general.
It further disclosed that after noticing inconsistencies in the submissions made by Prince Adeyemi, it wrote to the Office of the National Security Adviser (ONSA) on October 16, 2025, seeking clarification on his claimed appointment as Director-General of the PFIPC.
According to the letter, the ONSA responded on November 26, 2025, informing the ministry that enquiries made with the Office of the Secretary to the Government of the Federation and the Chief of Staff to the President indicated that Prince Adeniyi Adeyemi Mathew was unknown to any office of the Federal Government.
Responding to specific requests from the House committee, the ministry categorically stated that it never participated in any diplomatic engagement, bilateral or multilateral discussions organised by the PFIPC.
It also said the council never facilitated or received any foreign investors, partners or international delegations through the Ministry of Foreign Affairs.
The ministry further stated that there were no records of any memorandum of understanding, agreement or official document signed between the alleged council and any foreign government through the ministry.
It added that it played no role in promoting Nigeria’s investment opportunities abroad in collaboration with the PFIPC.
The ministry also informed the committee that no Nigerian diplomatic mission had any interaction with the PFIPC because no directive was ever issued to any mission regarding the council.
It maintained that apart from the correspondence already submitted to the committee, it possessed no other documents relating to the PFIPC, concluding that it had never had any official interaction with the council or its alleged Director General.
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