The House of Representatives has set up an ad-hoc committee to urgently investigate how a non-existent federal agency—the Presidential Foreign Investment Promotion Council (PFIPC)—was allocated over ₦1.3 billion in the 2026 Appropriation Framework. Sparked by a motion from Rep. Yusuf Gagdi, lawmakers expressed shock over the severe lack of oversight in the budget preparation process. The entity, which has already been publicly disowned by Aso Rock, is currently facing parallel criminal investigations by the ICPC for alleged forgery and impersonation using fake presidency letterheads
