Categories: BusinessNews

Dangote calls for probe of NMDPRA boss over alleged corruption, economic sabotage

Aliko Dangote, President of the Dangote Group, has called for a full investigation into the conduct of the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, alleging economic sabotage and questionable financial dealings.

Speaking on Sunday at a press briefing at the Dangote Petroleum Refinery in Lekki, Lagos, Dangote accused Ahmed of spending about $5 million on the secondary school education of his four children abroad, a sum he said is inconsistent with the earnings of a public official and raises serious questions about accountability.

He urged relevant authorities, including the Code of Conduct Tribunal, to investigate the matter and provide a public explanation.

Dangote described the alleged expenditure as difficult to reconcile with Ahmed’s official income and suggested that it would normally attract scrutiny from tax and anti-corruption agencies.

He contrasted the claimed spending with the hardship faced by many Nigerians who struggle to afford basic education.

While insisting he is not seeking Ahmed’s removal, Dangote stressed the need for transparency and for Ahmed to account for his actions, warning that unresolved allegations could undermine public trust and investor confidence in the downstream petroleum sector.

Dangote also accused the NMDPRA of regulatory failures and alleged that entrenched interests in the sector were prioritising fuel imports over local refining, undermining efforts to boost domestic capacity — a situation he said harms Nigeria’s industrialisation and energy security.

The NMDPRA has previously rejected similar allegations as false and part of a smear campaign, but Dangote maintained that an official probe would help clarify the issues and restore confidence.

LUKMAN ABDULMALIK

Recent Posts

Tinubu-Shettima ticket Nigeria’s most formidable — APC chair

The National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has described President Bola…

37 minutes ago

FG targets 600 farmers for N300,000 interest-free loans

The National Social Investment Programme Agency (NSIPA), in collaboration with the Niger State Government, is…

1 hour ago

‘You’ve written your names in gold’: Tinubu hails Flamingos’ historic World Cup win

President Bola Tinubu has congratulated Nigeria’s Flamingos for becoming the first African team to win…

2 hours ago

Suspected fraudster kills pregnant woman, child, 3 others in Delta road crash

A suspected internet fraudster has reportedly killed a pregnant woman and a four-month-old child, as…

2 hours ago

NNPC counters NISO, says gas available for power stations across Nigeria

The Nigerian National Petroleum Company (NNPC) Limited says its gas transportation network remains fully available…

2 hours ago

Obi challenges Tinubu to account for N15.8trn subsidy savings, $100bn loans

Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has challenged President Bola Tinubu…

3 hours ago

This website uses cookies.