The Buhari Media Office has dismissed reports linking former President Muhammadu Buhari to the controversy surrounding the alleged Presidential Foreign Intervention Promotion Council, describing the claims as false and without factual basis.
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In a statement issued on Sunday, the office said Buhari never established any agency known as the PFIPC and did not allocate ₦1.3 billion to such an organisation in the 2026 Appropriation.
It stated that the only body created under the former administration was the Presidential Economic Advisory Council, which operated as an ad hoc advisory committee on economic matters.
According to the BMO, the PEAC initially operated from offices designated for the Chief Economic Adviser to the President at the Federal Secretariat and functioned throughout the Buhari administration without a dedicated budget line.
The office explained that the council’s activities were funded through presidential approvals to the Minister of Finance, while office expenses were paid by the State House after presidential approval.
“What he created was the Presidential Economic Advisory Council. At inception, it operated from the second floor of the Ministry of Health offices designated for the Chief Economic Adviser to the President, a position he did not appoint until much later, at the Federal Secretariat,” the statement said.
It added that under the last administration, PEAC had no budget line and was only a part-time advisory body made up of economists and financial experts who offered economic advice to the President.
The council was chaired by Professor Doyin Salami, CFR, before he was later appointed Chief Economic Adviser to the President.
Other members listed by the BMO were Professor Mahmuda Sagagi as Vice Chairman, Professor Ode Ojowu, Dr. Shehu Yahaya, Dr. Iyabo Masha, Professor Chukwuma Soludo, Mr. Bismarck Rewane, and Dr. Mohammed Adaya Salisu, who served as secretary.
The media office said members of the council received no salaries, adding that only operational expenses were provided to support the work of the advisory body.
It further noted that when the current administration assumed office in 2023, it neither dissolved the Buhari-appointed PEAC nor reappointed its members, saying the appointees considered their tenure to have ended with the expiration of the administration that constituted the council.
The BMO also said the office jointly branded as the Presidential Economic Advisory Council and the Office of the Chief Economic Adviser to the President remained vacant after the change in administration and was only occupied several years later.
Rejecting attempts to connect Buhari to the current PFIPC controversy, the office maintained that claims suggesting that the alleged fictitious agency originated under the former President were false, groundless and unsupported by facts.
It urged members of the public to disregard reports linking Buhari to the alleged PFIPC, insisting that his administration established only the Presidential Economic Advisory Council as an advisory body without a statutory budget line.
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