NewsLeave Buhari Out Of The PFIPC Scandal, Media Team Warns Budget Office

Leave Buhari Out Of The PFIPC Scandal, Media Team Warns Budget Office

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By Suleiman Anyalewechi

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The Buhari Media Office BMO, has vehemently rejected claims linking the now controversial and phantom Presidential Foreign Intervention Promotion Council, PFIPC to the administration of late President Mohammadu Buhari.

 

The Source reports that the Budget Office of the Federation, BOF, had on Friday July 24, 2026, claimed that the hotly disputed PFIPC dated back to the Buhari administration, contrary to widespread perception that the Prince Adeniyi Adeyemi-led interventionist agency originated from the present President Bola Tinubu-led Federal Government.

 

It will be recalled that the now detained progenitor of the Agency, Adeyemi, had in the wake of the scandal alleged that Femi Gbajiabiamila, the Chief of Staff  to President Tinubu was  his enabler, and noted that he was appointed the Director -General DG after giving him a whopping sum of N400 million as bribe.

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Other serving Government officials including the Offices of the Secretary to the Government of the Federation SGF, Head of Service of the Federation,the Budget Office, and even the National Assembly have all been mentioned as allegedly playing some roles in giving birth and teeth to the phantom agency.

 

But while appearing before a House of Representatives investigative Committee into the PFIPC scandal, Tanimu Yakubu, the BOF Director -General explained that the agency predated the Tinubu administration. He noted that  it was rather premised on the Presidential Economic Advisory Council, PEAC, established by the Buhari Government on October 9, 2019.

 

However, in a statement on Sunday July 26, 2026, the MBO, described the BOF claims as false, groundless and lacking factual basis.

 

The Media team maintained that what was actually created by the Buhari’s administration was the PEAC, with its take off office on the 2nd floor of the Federal Ministry of Health which was originally designated for the Chief Economic Adviser to the President.

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Even at that, the BMO emphasized the office remained unoccupied as no one was appointed as the head, until much later.

 

The Media team further explained that the PEAC had no formal budget line throughout the administration of President Buhari as its activities were funded through Presidential approvals for the Minister of Finance.

 

“The PEAC was an ad-hoc ( part time) body, purely advisory, made up of professional economists, and financial experts to offer expert economic advice to the president under the chairmanship of Professor Doyin Salami, CFR, before he was eventually made the Chief Economic Adviser.

 

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” Others in the PEAC were Professor Mahmuda Sagagi ,Vice chairman ,and the members were Prof Ode Ojowu , Dr Shehu.Yahaya ,Dr Iyabo Masha ,Prof Chukwuma Soludo, Mr Bismark Rewane and Dr Mohammed Adaya Salisu, Senior Special Assistant to the President on Development Policy as Secretary”, the BMO stated.

 

While noting that members were never paid salaries but only sitting allowances, the BMO emphasized that President Tinubu neither reappointed nor dissolved the Council on assumption of office in 2023.

 

The Media Team explained that members of the council only, on their own, considered their tenure ended alongside that of the administration that appointed them .


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