A HallowMace Africa Analysis.
The revelations emerging from the House of Representatives Ad Hoc Committee investigating the alleged Presidential Foreign Investment Promotion Council (PFIPC) have raised more questions than answers.
While the committee has presented evidence suggesting that the council was built on forged government documents, the facts already in the public domain expose glaring institutional contradictions that cannot simply be dismissed with the conclusion that the agency was “fake.”
HallowMace Africa believes that the integrity of Nigeria’s public institutions is at stake, and for that reason, this matter deserves a broader, independent and transparent investigation beyond the current legislative inquiry.
If the PFIPC was truly a non-existent agency, several fundamental questions remain unanswered.
How did an agency allegedly created through forged documents secure office accommodation within the Federal Secretariat, one of Nigeria’s most secure government facilities?
How was an administrative code created for the agency by the Office of the Accountant-General of the Federation?
How did it reportedly obtain self-accounting status and process official correspondence across multiple government institutions?
How did it allegedly recruit or engage over 300 staff who reportedly received government salaries?
How did its Director-General reportedly move with official government number plates, operate in convoys, and represent Nigeria at international engagements without triggering alarm across the security and administrative architecture of government?
Perhaps even more disturbing are reports that attempts were made to include over $1.3 billion in the 2026 Appropriation Bill and that the agency sought a ₦27.3 billion take-off grant.
These are not activities that ordinarily occur in isolation or through the actions of one individual acting alone.
If these developments are accurate, then this is no longer merely a case of forgery. It raises deeper concerns about institutional failures, possible internal collaboration, negligence, or systemic compromise within critical government establishments.
The House of Representatives, as the People’s Parliament, owes Nigerians more than the conclusion that the PFIPC was simply a fake agency.
The Nigerian people deserve to know how multiple layers of government oversight, verification processes, financial controls, personnel management systems, and security mechanisms allegedly failed simultaneously.
The constitutional responsibility of the National Assembly extends beyond exposing wrongdoing; it includes ensuring full accountability wherever public institutions may have been compromised.
Any investigation that focuses solely on one individual without thoroughly examining the roles of public officials who processed documents, allocated office space, approved administrative codes, handled personnel matters, or facilitated official engagements risks leaving critical questions unanswered.
For this reason, HallowMace Africa joins concerned Nigerians in demanding an independent external investigation involving all relevant anti-corruption, security, and oversight institutions. Such an investigation should establish whether this was truly the work of a lone individual or the product of a wider network operating within government.
Ultimately, this case is bigger than the PFIPC. It is a test of Nigeria’s governance architecture, institutional credibility, and commitment to transparency.
Public confidence cannot be restored through declarations alone. It can only be restored through a thorough, impartial, and comprehensive investigation that follows every lead, identifies every responsible actor, and ensures that accountability reaches every level where failures occurred.
Nigeria deserves the full truth, not merely the convenient conclusion that a “fake agency” operated for months within the heart of government without institutional complicity.
So, the House of Representatives adhoc committee still has alot of work to do, if and only if there’s sincerity of purpose in the exercise.
Amb. Anderson Osiebe
Executive Director
HallowMace Africa
– God Bless Nigeria!

