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Adeyemi’s PFIPC: House of Representatives’ panel clears Gbajabiamila of collusion

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The House of Representatives ad hoc committee investigating the purported Presidential Foreign Intervention Promotion Council has cleared Femi Gbajabiamila of wrongdoing.

The committee’s chairman, Yusuf Gagdi (APC-Plateau), disclosed this in the panel’s preliminary report released in Abuja on Wednesday.

Mr Gagdi said the committee found no evidence linking the chief of staff to the president with the PFIPC’s creation or operations. He said findings showed that Mr Gbajabiamila neither authorised nor approved the establishment or operation of the fake agency.

The lawmaker noted that this contradicted allegations by the PFIPC’s purported director-general, Adeniyi Adeyemi, against Mr Gbajabiamila.

Mr Gagdi said evidence presented before the committee showed that a letter purportedly appointing Mr Adeyemi as director-general was fabricated.

He said the letter was falsely attributed to Mr Gbajabiamila, who neither issued nor signed it. The chairman said the letterhead and reference number used were also inconsistent with official State House correspondence.

Mr Gagdi said documentary evidence showed that Mr Gbajabiamila took steps to expose and investigate the purported organisation after receiving a formal alert.

“The chief of staff acted within one day of receiving an alert from the Nigerian Investment Promotion Commission over suspected fraudulent activities,” he said.

He said Mr Gbajabiamila subsequently communicated with relevant security and investigative agencies over the matter. These agencies included the Nigeria Police Force, State Security Service, Economic and Financial Crimes Commission and Office of the National Security Adviser.

Mr Gagdi said the committee preliminarily commended Mr Gbajabiamila for what it described as timely security and administrative interventions. He stressed that the committee’s findings were preliminary and did not constitute the House’s final report or decision.

Mr Gagdi said the committee also found that no valid act of the National Assembly, executive order, or other lawful instrument established PFIPC. He said the panel uncovered alleged fabrication of presidential correspondence, a purported executive order and an altered document presented as an act of Parliament.

The chairman identified Mr Adeyemi as the principal person associated with the fake agency. He said the committee recommended further investigation into alleged financial transactions involving the organisation.

Mr Adeyemi alleged that Mr Gbajabiamila was behind PFIPC’s establishment and collected N400 million as a bribe. He also alleged that the chief of staff demanded an additional N200 million bribe.

Mr Gagdi admitted the PFIPC was captured in the 2026 budget and allocated office space at the Federal Secretariat Complex. He said it also had accounts with the Central Bank of Nigeria and obtained an official vehicle bearing a government number plate.

The chairman said the fake agency secured the government facilities and other privileges through allegedly forged documents and fraudulent means.

(NAN)

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Leadway Assurance Calls for Stronger Climate Risk Solutions to Protect Africa’s Food Systems

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 Leadway Assurance Limited has advocated for stronger climate risk solutions to safeguard Africa’s food systems at the ninth edition of Agriculture Summit Africa (ASA)2026, convened by Sterling Bank.

The summit focused on improving food production, financing, processing , technology, trade, and policies to help Africa build stronger value chains, create jobs, strengthen intra-African trade, and become a stronger global food power.

These objectives align with Leadway’s commitment to strengthening the agricultural sector by providing risk protection for farmers, agribusinesses and investments across the agricultural value chain.

Speaking during a panel session titled “Climate Risk Management for Sustainability: Future-Proofing Africa’s FoodSystem,” Ayoola Fatona, Global Head, Agricultural Risk Solutions, Leadway Assurance, highlighted affordability and the trust deficit as two key barriers to insurance adoption among smallholder farmers. “At Leadway, we have sought to addressthese challenges by building partnerships with organisations thatshare our commitment to advancing the livelihoods ofsmallholder farmers and strengthening their resilience toclimate-related risks. Through these collaborations, we have been able to mobilise funding to pre-finance insurancepremiums, ensuring that farmers have the protection they need inplace from the outset of the planting season, when their risk exposure is at its highest.”

“In the 2025 wet season alone, our partnerships enaabled us to mobilise over US$1.2 million to provide insurance coverage formore than 400,000 farmers, and we are continuing to build onthat progress. Beyond affordability, we recognise that trust mustbe earned through action. That is why we remain committed to ensuring constant and rapid payouts, no matter how large,whenever insured events occur,” he added.

Considering the practical challenges of reaching farmers,particularly in communities affected by insecurity, Leadway is leveraging remote sensing and other technology-enabled solutions to assess farms virtually, understand their structure and farming practices, and maintain engagement with farmersdespite access constraints. Through its participation inAgriculture Summit Africa 2026, Leadway Assurance isreinforcing its commitment to advancing insurance solutions that protect agricultural investments, strengthen farmer resilience,and support the sustainable development of the agriculture sector.

The ninth edition of Agriculture Summit Africa 2026, themed“Building the Next Super Power: Africa’s Food Power Play,”held on 15–16 September 2026 at the Transcorp Hilton

Hotel, Abuja, brought together key stakeholders across Africa’s agricultural sector, including representatives from government, agribusiness, insurance, finance, technology, research, and farming, to strategies on moving the continent from food to food sovereignty

The post Leadway Assurance Calls for Stronger Climate Risk Solutions to Protect Africa’s Food Systems appeared first on Business Today NG.

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Anthropic’s CEO is about to have dinner with President Trump

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Anthropic CEO Dario Amodei seems to be everywhere this weekend: He was lampooned on the season premiere of Saturday Night Live, and tonight, he’s set to have dinner with President Donald Trump at the White House.

Axios first broke the news of Amodei’s dinner plans, which TechCrunch subsequently confirmed with a source familiar with his plans.

This will be the first one-on-one meeting between the two men, who recently found themselves on opposite sides of the AI safety debate. Amodei released a plan to slow AI development (or at least proceed with more caution), while Trump has insisted, without evidence, that the AI backlash is a Democratic hoax; he also wants to rebrand the technology as “super intelligence.”

Even before the current back-and-forth, Amodei and Anthropic have to had a fraught relationship with Trump’s administration. Earlier this year, the Pentagon designated Anthropic a supply-chain risk in response to the company’s attempt to put guardrails around the use of its technology (Anthropic has been fighting the designation in court), although other administration officials have been friendlier.

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