Connect with us

News

Budget Office Explains How PFIPC Appeared in 2026 Budget, Says No Funds Were Released

Published

on

Budget Office Explains How PFIPC Appeared in 2026 Budget, Says No Funds Were Released
Spread the love

By Derick Peretengboro

The Budget Office of the Federation has clarified the circumstances surrounding the inclusion of the Presidential Foreign Intervention Promotion Council (PFIPC) in the 2026 federal budget, stating that the body’s roots can be traced to an advisory council created during the administration of former President Muhammadu Buhari.

Director-General of the Budget Office, Tanimu Yakubu, made the clarification while addressing the House of Representatives committee investigating the controversial budget allocation to the council. He stressed that the Budget Office neither established the agency nor approved its creation, but merely carried out its statutory responsibility after receiving official government documents.

Yakubu explained that the council evolved from the Presidential Economic Advisory Council (PEAC), inaugurated in October 2019. According to him, before the 2026 budget was prepared, the Office of the Accountant-General had already assigned the council an administrative code, while the Office of the Head of the Civil Service approved its establishment and granted a recruitment waiver.

He disclosed that although the council initially proposed personnel costs of about ₦3.85 billion, the Budget Office independently reviewed the request and reduced the amount to approximately ₦802.98 million using approved government salary structures and established budgeting guidelines.

The Budget Office boss, however, emphasized that the appropriation never translated into actual spending. He explained that the agency failed to obtain the mandatory Financial Clearance required before any recruitment, salary payments or release of public funds could occur.

Yakubu further stated that after concerns emerged over the council’s legal status, the Budget Office instructed the Federal Ministry of Finance and the Office of the Accountant-General to halt every payment process connected to the council. As a result, no money was released and no public funds were spent on the agency despite the allocation contained in the Appropriation Act.

The clarification comes amid an ongoing investigation into the PFIPC controversy, following claims by the Presidency that the council was not a recognized government agency. Lawmakers are continuing their probe to determine how the body was included in the 2026 budget and whether any public officials breached due process.


Spread the love
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Salvation Ministries to Dedicate Hand of God Cathedral in Port Harcourt

Published

on

Salvation Ministries to Dedicate Hand of God Cathedral in Port Harcourt
Spread the love

By staff Reporter Rukevwe Odeh

 

 

Salvation Ministries is set to dedicate its newly completed global headquarters, the Hand of God Cathedral, in Port Harcourt, Rivers State, on Friday, November 6, 2026.

The dedication ceremony marks a significant milestone for the church, which is led by its founder and Presiding Pastor, David Ibiyeomie.

The new cathedral is expected to serve as the ministry’s global worship centre, providing a larger space for religious gatherings, spiritual activities and other church programmes.

The event is anticipated to attract worshippers, church leaders, ministers of the gospel and other Christian faithful from different parts of Nigeria and beyond.


Spread the love
Continue Reading

News

Atiku’s Campaign Convoy Attacked in Kebbi, Media Equipment Destroyed

Published

on

Atiku’s Campaign Convoy Attacked in Kebbi, Media Equipment Destroyed
Spread the love

By staff Reporter Rukevwe Odeh

 

 

The campaign convoy of former Vice-President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has reportedly been attacked by suspected hoodlums in Kebbi State, leaving several media equipment destroyed.

The incident reportedly occurred on Thursday, November 5, 2026, while the campaign team was moving through the state for political engagements ahead of the 2027 general elections.

According to the campaign team, the attackers allegedly blocked the convoy, pelted vehicles with stones and subsequently targeted journalists and members of the accompanying media crew.


Spread the love
Continue Reading

News

Lagos Woos Investors to Tackle Power Crisis, Unveils Clean Energy Transformation Plans

Published

on

Lagos Woos Investors to Tackle Power Crisis, Unveils Clean Energy Transformation Plans
Spread the love

By staff Reporter Rukevwe Odeh

 

 

The Lagos State Government has intensified efforts to address persistent electricity challenges by seeking increased private-sector investment and promoting cleaner energy alternatives to improve power supply across the state.

The Commissioner for Energy and Mineral Resources, Biodun Ogunleye, disclosed this on Thursday during a press conference ahead of the state’s forthcoming energy summit.

Ogunleye said the initiative was designed to translate discussions surrounding Lagos’ electricity challenges into practical solutions that would expand access to reliable power, strengthen energy infrastructure and stimulate economic growth.


Spread the love
Continue Reading

Trending