PFIPC: Court orders arrest of ‘fake’ agency DG, Adeniyi

A Federal High Court in Abuja has ordered the arrest of embattled Director-General of the alleged Presidential Foreign Investment Promotion Council (PFIPC), Adeniyi Adeyemi.

This comes after he failed to appear for his arraignment over alleged conspiracy, forgery and impersonation.

Justice Mohammed Umar ordered Adeyemi’s arrest on Tuesday after granting an oral application by the prosecution following the defendant’s absence when the matter was called.

Adeyemi was expected to take his plea on an eight-count charge filed by the Nigeria Police Force over his alleged operation of the purported Presidential Foreign Investment Promotion Council, an organisation the Presidency has said does not exist.

The case, marked FHC/ABJ/CR/562/2025, has suffered repeated adjournments.

When the prosecution, led by Wisdom Madaki, applied for a bench warrant, Adeyemi’s counsel, Genesis Francis, told the court that his client feared for his life and had written to President Bola Tinubu.

According to the lawyer, the defendant intended to remain alive to stand trial.

Responding, Justice Umar said, “The court will help him be alive,” before ordering that a bench warrant be issued for Adeyemi’s arrest.

The judge subsequently adjourned the case until September 30, 2026, for arraignment.