EXPLAINER: Why FG Increased Charges Against Alleged Fake Presidential Council DG From 8 To 40

The federal government has increased the criminal charges against Adeniyi Adeyemi, the alleged fake Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), from eight to 40 counts, following the withdrawal of the initial case over identified loopholes.

The development took a new turn on October 12, 2026, when the Director of Public Prosecutions of the Federation (DPPF) withdrew the earlier eight-count charge, only for government counsel, Mr Rotimi Oyedepo, SAN, to announce hours later that a fresh 40-count charge had been filed against Adeyemi and five others.
The fresh case introduces additional allegations, including obtaining money by false pretences, i...