Gbajabiamila sues Adeyemi for N15bn defamation
Analysis based on 61 articles · First reported Jul 07, 2026 · Last updated Jul 17, 2026
The lawsuit is unlikely to have significant direct market impact, but it may affect investor perception of governance in Nigeria. The case highlights potential corruption risks in government agencies, which could dampen foreign investment sentiment.
Femi Gbajabiamila, Chief of Staff to Nigerian President Bola Tinubu, filed a N15 billion defamation suit against Adeyemi Adeniran at the Nigeria — Federal Capital Territory (Nigeria), Abuja. The suit stems from Adeyemi's allegations that Gbajabiamila demanded a 48% kickback from a N27.3 billion take-off grant for the Nigeria — Presidential Foreign Intervention Promotion Council (PFIPC), which is reportedly a fake agency. Gbajabiamila denies all allegations, stating he never met Adeyemi. The suit seeks N10 billion in general damages, N5 billion in aggravated damages, and a retraction. Adeyemi is also facing criminal charges for forgery and impersonation, and a federal high court ordered his arrest after he failed to appear for arraignment.
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