Nigeria Budget Office Blocks Fake Agency
7 articles from 1 country
Nigeria's Budget Office confirms it blocked N1.3 billion in payments to a fake agency, the Presidential Foreign Intervention Promotion Council (PFIPC). The office also rejected the agency's N3.8 billion request for personnel costs, stating no public funds were released or spent on the entity.
Budget Office: Expenditure Controls Blocked N1.3bn Payment to Fake Agency
- Nigeria's Budget Office confirmed that no funds were released to a controversial agency, the Presidential Foreign Intervention Promotion Council (PFIPC). - The office stated that expenditure control mechanisms prevented the approved budget from becoming actual spending. - The PFIPC and its director-general were recently involved in a scandal, leading to an investigation.
Fake agency originated from Buhari government, Budget Office explains PFIPC allocation
- The Budget Office of the Federation explained the origin of the Presidential Foreign Intervention Promotion Council (PFIPC), which the presidency declared fake. - The PFIPC originated from the adminโฆ
We rejected fake agencyโs N3.8bn personnel costs โ Budget Office
- The Budget Office of the Federation rejected the Presidential Foreign Investment Promotion Council's request for N3.8bn in personnel costs. - The office instead computed a lower figure of N802.98m, โฆ
Budget Office Denies Releasing Funds to Fake Agency
- The Budget Office of the Federation stated no public funds were released to the non-existent Presidential Foreign Intervention Promotion Council (PFIPC). - Statutory expenditure controls prevented tโฆ
No kobo was spent on PEAC, PFIPC, Budget office tells Reps
- Nigeria's Budget Office stated that no funds were released or spent on the controversial Presidential Economic Advisory Council (PEAC). - The Director-General confirmed that legal and administrativeโฆ
Nigeria's Budget Office: No funds released for PEAC/PFIPC due to spending controls
- Nigeria's Budget Office states no funds were released for the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council (PEAC/PFIPC). - The office insists Nigeria's โฆ
N1.32bn allocation: No Kobo was released to PFIPC, Budget Office tells Reps
- The Budget Office of the Federation stated no funds were released to the Presidential Foreign Investment Promotion Council (PFIPC). - Despite an allocation in the 2026 Appropriation Act, statutory cโฆ