Breaking News
Tinubu orders ICPC to prove PFIPC
President Bola Ahmed Tinubu has directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to conduct a thorough investigation into the activities of a “Presidential Foreign Intervention Promotion Council” (PFIPC) and all related matters.
The President directed that the investigation be concluded and a comprehensive report submitted to him within 30 days.
The directive follows the discovery of the fictitious PFIPC, which was never established by the Federal Government of Nigeria and has no basis in any law, presidential instrument, executive approval, or other lawful act of Government.
One Adeniyi Adeyemi Matthew presented himself as the Director-General of the so-called PFIPC and falsely claimed to be a presidential appointee.
Among the issues to be investigated by the ICPC are the forged appointment letters and other official government documents; the use of a false claim of presidential appointment to seek or obtain official recognition and diplomatic support, including visa facilitation; and the opening of multiple bank accounts in the names of purported government agencies using allegedly forged documents.
President Tinubu directed the ICPC to investigate not only the conduct of the principal individual and other collaborators involved but also the wider circumstances that may have enabled a fictitious body and a false claim of presidential appointment to acquire an appearance of official legitimacy.
The investigation is to examine the provenance and use of false official documents; the processes through which official recognition or diplomatic support may have been sought or obtained; the opening and operation of any related bank accounts; the source and movement of any funds involved; and the role of any public officer, private individual, financial institution, intermediary or other person or entity that may have facilitated, enabled or participated in the alleged scheme.
The President further directed the Commission to identify any weaknesses in government and institutional procedures that may have been exploited and to recommend immediate measures to prevent the recurrence of similar abuses.
All ministries, departments and agencies of the Federal Government have been directed to provide the ICPC, upon lawful request, with all relevant information, records and assistance required for the expeditious completion of the investigation.
President Tinubu stated that the integrity of the Presidency and the institutions of the Federal Government must be protected against impersonation, forgery, abuse of official identity and the exploitation of weaknesses in the public service.
The President directed that all persons found culpable be treated strictly in accordance with applicable law.
The Central Bank of Nigeria (CBN) has reacted to reports of the rejection of the standard #100 banknote by some members of the public, businesses, and other stakeholders, apparently due to doubts about its continued legal tender status.
In a statement on Wednesday, the CBN reiterated that both the commemorative #100 banknote and the standard #100 banknote remain legal tender in Nigeria and must be accepted for all transactions nationwide.
It said the commemorative #100 banknote, which was introduced to mark Nigeria’s centenary, did not replace the existing standard #100 banknote.
“The CBN strongly cautions individuals, businesses, financial institutions, and other economic agents against rejecting the standard #100 banknote. Such rejection constitutes a violation of the provisions of the CBN Act and undermines confidence in the national currency. The Bank will not hesitate to apply appropriate enforcement measures against any person or entity found to be in breach.
“The Bank remains committed to safeguarding the integrity of the Naira, ensuring confidence in all duly issued banknotes, and promoting smooth currency circulation across the country.
“Accordingly, members of the public are urged to accept and transact with all banknotes legally issued by the Central Bank of Nigeria.
“For further clarification, members of the public are also advised to contact the CBN through its official communication channels,” the apex bank said.
The Federal Government has suspended the enforcement of new regulations affecting internet platforms, online intermediaries and other cross-cutting digital economy issues pending the completion of a national policy review.
The directive was contained in a statement issued by the Minister of Communications, Innovation and Digital Economy Dr Bosun Tijani, on Tuesday, after a strategic meeting with the leadership of the Nigerian Communications Commission (NCC), National Information Technology Development Agency (NITDA), and Nigeria Data Protection Commission (NDPC).
Tijjani said the decision aimed to maintain the current regulatory position while work continues on a harmonised national policy and governance framework for the digital economy.
He explained that the rapid growth of the digital economy has created overlaps in the responsibilities of sector regulators, making closer coordination necessary to provide legal certainty and support investment, innovation and consumer confidence.
As part of the directive, agencies have been asked to defer the implementation or enforcement of any recently issued regulation, code, guideline, framework, directive or administrative requirement relating to internet platforms, online intermediaries and other cross-cutting digital economy issues that are under policy harmonisation.
Tijani said: “The existing regulatory status quo shall be maintained with respect to matters relating to internet platforms, online intermediaries and other cross-cutting digital economy issues currently undergoing inter-agency policy harmonisation under the Ministry’s coordination.
“Relevant agencies are to defer the implementation or enforcement of any recently issued regulation, code, guideline, framework, directive or administrative requirement relating to Internet platforms, online intermediaries or other cross-cutting digital economy matters, to the extent that such provisions concern areas currently undergoing policy harmonisation under the Ministry’s coordination.
“The above direction is without prejudice to the statutory responsibilities of the respective institutions. Accordingly, all other provisions of existing regulations, guidelines, codes and directives that fall squarely within the express mandates of the relevant agencies under extant laws shall remain fully operational and enforceable, provided they are consistent with the policy direction issued by the Minister.” The minister also announced the establishment of a Joint Technical Coordination Committee comprising representatives of the NCC, NITDA and NDPC under the Office of the Minister.
Sports1 week agoWorld Cup: Mexico Become Seventh Country to qualify for Round of 16
Politics1 week ago2027: Nine political parties collect access codes for candidates’ particulars – INEC
Business1 week agoToday’s Dollar to Naira Rate: Dollar → Naira Snapshot Rate for 1 July 2026
Sports6 days ago“We’re out – it hurts” – Senegal Coach Thiaw Reacts to Belgium Collapse
Sports1 week agoRonald Koeman Becomes Fourth Coach to Resign After World Cup Exit
Breaking News6 days ago“They Destroyed My Shop” – Nigerian Returnees from South Africa Share Harrowing Stories
Breaking News6 days agoPresidency Denies Gbajabiamila’s Role in N600m Fraud Allegations
Sports6 days agoWorld Cup: Senegal sets Unwanted record in dramatic 3-2 defeat to Belgium