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President Bola Tinubu has asked the Federal Competition and Consumer Protection Commission, FCCPC, to investigate top 1global technology companies and Generative Artificial Intelligence, AI, platforms over allegations of anti-competitive practices and unlawful exploitation of the content of Nigerian media organisations.
This followed a joint petition submitted to the Presidency by the Nigerian Press Organisation, NPO.
A statement issued on Monday by the Director of Corporate Affairs at the FCCPC, Ondaje Ijagwu, said the investigation would focus on allegations against major technology companies including Meta, Alphabet, which owns Google, and X, formerly known as Twitter, as well as certain Generative AI platforms operating in Nigeria.
The statement partly read, “Big technology companies have come under the radar of the Federal Competition and Consumer Protection Commission following allegations of anti-competitive practices, unlawful exploitation of news content, and other potentially unfair market conduct.
“Also to be investigated are Generative Artificial Intelligence platforms operating in Nigeria. This is in sequel to a directive from President Bola Ahmed Tinubu, GCFR to FCCPC to look into a joint petition submitted to the Presidency by the Nigerian Press Organisation.”
The Presidency has alleged that Prince Adeniyi Adeyemi Matthew, who purportedly paraded himself as the Director-General of a non-existent Presidential Foreign Intervention Promotion Council cum Presidential Economic Advisory Council, fraudulently opened a Central Bank of Nigeria (CBN) account using forged government documents.
In a statement issued on Wednesday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the Presidency said police investigations uncovered that Adeyemi used fake documents to mislead the Office of the Accountant-General of the Federation into facilitating the opening of the account.
According to the statement, investigators established that no government funds were transferred into the account
The Presidency said police investigations also revealed that Adeyemi operated 34 bank accounts, including nine allegedly opened in the names of fictitious agencies such as the FCT Investment Promotion Agency and the Public Private Partnership (FIPA-APP).
According to the statement, Adeyemi forged his appointment letter, falsely presented himself as a government appointee, and sought a note verbal from the Ministry of Foreign Affairs to enable him and members of his team obtain United States visas.
The Presidency explained that concerns over the alleged fake agency first came to light after the Office of the Chief of Staff to the President, Femi Gbajabiamila, received complaints from officials of the Nigerian Investment Promotion Council that another agency appeared to be operating at cross-purposes with it.
It said Gbajabiamila subsequently petitioned the Department of State Services (DSS) and the Nigeria Police Force on October 17, 2025, requesting an investigation into individuals allegedly forging appointment letters purportedly issued from his office.




















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