Nigeria Secures Largest-ever Military Aircraft Acquisition In West Africa With 24 M-346FA Jets

Nigeria is advancing a major military modernisation initiative with a landmark procurement of 24 Italian-built M‑346FA fighter jets from Italian aerospace and defence firm Leonardo S.p.A., marking the largest single military aircraft acquisition in West African history. The deal, valued at approximately €1.2 billion, includes long-term maintenance and support provisions through Leonardo and represents a strategic…

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Dangote Submits Petition To ICPC Against NMDPRA MD Over Alleged Corruption

The Chairman of Dangote Group, Aliko Dangote, has submitted a petition against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, to the Independent Corrupt Practices and other Related Offences Commission (ICPC), accusing him of corruption and financial impropriety. In the petition submitted on December 16, through his lawyer,…

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Reps Summon Dangote Refinery, NMDPRA Over Downstream Tensions

The House of Representatives Joint Committee on Petroleum Resources has invited Dangote Refinery and the NMDPRA to resolve disagreements threatening the downstream petroleum sector. Chairman Ikenga Ugochinyere said after an emergency Abuja meeting on Monday that rising tensions could undermine the fragile stability recently achieved. He said the committee must act swiftly, as efforts continue…

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Dangote Releases Details Of ‘$5m Spent By NMDPRA CEO’ On His Children’s Education In Switzerland

Aliko Dangote, chairman of the Dangote Group, says Farouk Ahmed, chief executive officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), spent about $5 million on the secondary school education of his children in Switzerland. In a paid newspaper advert on Tuesday, the billionaire said Ahmed paid the said amount for four…

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