RismadarVoice Reporters, July 22, 2026
Former Vice President Atiku Abubakar has called on President Bola Tinubu to apologise to Nigerians and resign if he fails to order an independent investigation into the controversy surrounding the Presidential Foreign Investment Promotion Council (PFIPC) accounts.
Atiku made the demand following what he described as conflicting accounts presented by the Central Bank of Nigeria (CBN) and the Office of the Accountant-General of the Federation (OAGF) regarding the handling of the council’s finances.
In a statement issued on Wednesday by his Senior Special Assistant on Public Communication, Phrank Shaibu, the former vice president said the differing testimonies had raised serious concerns about accountability within the Tinubu administration.
According to Atiku, the CBN’s submission before the House of Representatives contradicts the explanation earlier provided by the Office of the Accountant-General, creating what he described as a major credibility crisis for the Federal Government.
He argued that President Tinubu owes Nigerians a clear explanation and should either restore public confidence through a transparent investigation or consider stepping down from office.
Atiku stated that if the president is unable to ensure an independent probe and hold those responsible accountable, he would have lost the moral authority to continue leading the country.
He also expressed concern over what he described as the administration’s silence despite the conflicting narratives from two of the country’s key financial institutions.
According to him, the president should clearly state which of the accounts he believes or explain why no action has been taken to resolve the discrepancies.
The former presidential candidate warned that any delay in launching an independent investigation would only fuel public suspicion and undermine confidence in government institutions.
Atiku also criticised the Attorney-General of the Federation for not publicly addressing the controversy, saying the silence had further deepened concerns over the matter.
He called on the National Assembly to summon both the Governor of the Central Bank of Nigeria and the Accountant-General of the Federation to appear jointly before its investigative committee under oath to clarify the conflicting accounts.
According to Atiku, the PFIPC controversy has gone beyond a dispute over financial records and now raises broader questions about transparency, institutional oversight and accountability in government.
He argued that if one alleged transaction could produce contradictory explanations from two critical financial institutions, Nigerians are justified in demanding greater scrutiny of the country’s public financial management.
The Federal Government has yet to issue a formal response to Atiku’s latest remarks.
