N1.32bn allocation: No Kobo was released to PFIPC, Budget Office tells Reps

Director-General of the Budget Office of the Federation, Tanimu Yakubu, on Friday defended the agency's role in the controversial budgetary allocation to the Presidential Foreign Investment Promotion Council (PFIPC), insisting that despite provisions made in the 2026 Appropriation Act, not a single kobo was released or spent because the statutory conditions for expenditure were never fulfilled.