The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has taken formal steps to investigate allegations made by billionaire businessman Aliko Dangote against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Alhaji Farouk Ahmed. The anti-graft agency made it clear that the burden of proof lies with the…
Farouk Ahmed has resigned as Chief Executive of the NMDPRA. Also, Gbenga Komolafe has stepped down from his position as Chief Executive of the NUPRC. Both officials were appointed in 2021 by former President Muhammadu Buhari after the enactment of the Petroleum Industry Act. The development was disclosed in a statement issued by the President’s…
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has responded to recent claims regarding the financing of his children’s education and his integrity in office, insisting that the allegations are misleading and ill-timed. In a detailed statement, Ahmed said the allegations “necessitated this response, not because…
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,…
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…
