Skip to content
Newsletter·Membership

Prince Adeniyi Adeyemi Matthew

Alleged frontman for the Presidential Foreign Investment Promotion Council

Image via official source (d1jcea4y7xhp7l.cloudfront.net)

Prince Adeniyi Adeyemi Matthew is publicly known for his alleged role as the frontman and self-proclaimed Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), an organization that the State House has officially identified as fictitious [1, 6]. Matthew gained significant public attention following his arrest on October 27 in Abuja. He was apprehended at a Secretariat office, where he was reportedly operating what authorities described as an "elaborate scam" [1, 2]. During the arrest, police conducted a search of the office premises [1]. According to the allegations, Matthew purportedly established a "fake government agency," appointing himself as its Director-General [3]. It is further alleged that he secured a budget of ₦1.3 billion for this purported agency. Additionally, he reportedly claimed to have made an upfront payment of ₦400 million in connection with the activities of the alleged PFIPC [3, 6]. Official statements from the State House have characterized his actions as involving a "web of false claims intended to deceive" [4]. The alleged activities suggest an attempt to create a façade of official government endorsement for his operations [1, 4]. Following his arrest and the ensuing investigation, Prince Adeniyi Adeyemi Matthew was charged with eight counts. These charges, filed before the Federal High Court in Abuja, include allegations of conspiracy, forgery, and impersonation [5]. He is reportedly scheduled to appear in court on November 27, 2025, in connection with these charges [2].

Sources

  1. RE: THE MATTER OF ADENIYI ADEYEMI MATTHEW AND ...
  2. The Matter of Adeniyi Adeyemi Matthew and the fictitious ...
  3. Fake Government Agency Scandal: Prince Adeniyi ...
  4. The Matter of Adeniyi Adeyemi Matthew and the fictitious ...
  5. Fake Agency Scandal: Presidency Faces Heat, DG ...
  6. 🛑 SCANDAL IN ASO ROCK. Meet Prince Adeniyi Adeyemi ...

Profile generated 7/2/2026 · Compiled from public web sources.

Get the morning brief

One email a day — the biggest stories from Nigeria, no fluff.