An organization presenting itself as an investment-promotion body operated visibly within Nigeria's federal bureaucracy throughout 2025, maintaining offices in government buildings, employing assigned civil servants, operating an official government website, and winning approval to expand its staff by hundreds despite a government-wide hiring freeze. Its director met with cabinet ministers, regulators, and foreign diplomats, and by 2026 the organization had secured nearly a million dollars in the national budget.

Government investigators subsequently determined the entire entity was fabricated, resting solely on a forged appointment letter allegedly signed by the president's chief of staff. The fraud prompted examination of how such an organization could pass through multiple layers of government oversight—from the civil service administration through budget offices to parliament—raising concerns about whether senior officials either overlooked clear warning signs or actively facilitated the deception.