“If the Government Didn’t Create It, How Did It Get ₦1.3bn in the Budget?” – Yvonne Jegede Questions Ghost Agency

• Yvonne Jegede has questioned the controversy surrounding the alleged ghost agency listed in the 2026 federal budget, asking how an agency the Federal Government says it did not create allegedly received a ₦1.3 billion allocation and operated a CBN account.
• Expressing confusion, the actress appealed for answers, saying she genuinely wants to understand how a non-existent institution could reportedly find its way into the federal budget and function within government structures.

Nollywood actress Yvonne Jegede has joined the growing number of Nigerians reacting to the controversy surrounding the alleged ghost agency listed in the 2026 federal budget, raising questions about how a non-existent institution could reportedly receive a budget allocation and operate within government circles.

The controversy stems from reports that about ₦1.3 billion was allocated in the 2026 Appropriation Act to the Presidential Foreign Intervention Promotion Council (PFIPC), an agency the Presidency has insisted was never legally created.

The development sparked widespread public concern after it was alleged that Prince Adeniyi Adeyemi Matthew operated under the agency’s name, maintained offices within the Federal Secretariat in Abuja, opened multiple bank accounts, including one with the Central Bank of Nigeria (CBN), hosted foreign diplomats and presented himself as the council’s Director-General before police investigations reportedly concluded that the agency had no legal existence.

Reacting via her Instagram page, Yvonne Jegede said she was genuinely confused by the situation and appealed to anyone with knowledge of the matter to explain how such an occurrence could happen.

Sharing a screenshot of her post, the actress asked:

“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?

Educate me.

I honestly want to know. If anyone can explain to me, I will appreciate it. I am really confused.”

Her comments reflect the questions many Nigerians have continued to ask following the Presidency’s denial of the agency’s existence despite its reported inclusion in the 2026 budget.

View this post on Instagram