Nollywood actress Yvonne Jegede is asking questions over the 2026 budget Ghost Agency.
Newsunplug reported that N1.3 billion was allocated to disputed or non-existent councils in the 2026 budget, raising concerns about fraudulent budget allocations and oversight lapses.
The presidency had denied the existence of the Presidential Foreign Intervention Promotion Council (PFIPC), even though the same agency appeared in the 2026 Appropriation Act with a budget allocation of about N1.3 billion.
The controversy followed revelations that Prince Adeniyi Adeyemi Mathew allegedly operated under the agency’s name, hosted foreign ambassadors, maintained offices within the Federal Secretariat in Abuja, opened multiple bank accounts, including one with the Central Bank of Nigeria (CBN), and presented himself as the council’s Director-General before police investigations concluded that the agency never legally existed.
The statement from the FG has left many Nigerians confused about how a non-existent institution found its way into a budget passed by the National Assembly and signed into law by President Bola Tinubu.
Sharing her thoughts on her Instagram page, Yvonne questioned which year the Agency was created and how the agency has a budget within the Federal Government.
“The questions I want to ask,
- What year was the agency created?
- If the Federal Government didn’t create the agency, how did they have a budget in the Federal Government?
Plus an account with CBN?
Can someone help me with answers? Is it possible?”.
