By Abdullahi Mukhtar Algasgaini

A Nigerian man by the name of Prince Adeniyi Mathew is currently under investigation over allegations that he fraudulently established a phantom federal agency which he named the Presidential Foreign Intervention Promotion Council (PFIPC), falsely claiming it was an official body of the Federal Government of Nigeria.

According to sources, Mathew went a step further by appointing himself as the council’s director-general, securing a physical office for the agency within the Federal Secretariat complex in Abuja, and even opening a dedicated account for it at the Central Bank of Nigeria (CBN). Most shockingly, he is accused of successfully inserting a budgetary provision of approximately ₦1.3 billion for the agency into Nigeria’s 2026 fiscal proposal.

Insiders reveal that, emboldened by the apparent success of his deception, Mathew allegedly convened high-level meetings with serving ministers and Nigerian ambassadors, issuing directives to them on the execution of government programmes. He is also said to have represented Nigeria at several international summits on multiple occasions, all under the guise of his bogus office.

However, the elaborate ruse has now collapsed. Security agencies have been alerted and are said to have commenced appropriate legal and administrative actions against the suspect, as investigations into the full extent of the fraud continue.

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