ICPC to Investigate NMDPRA CEO Following Dangote’s Corruption Allegations

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed it will investigate allegations of corruption against Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), following a formal petition by Dangote Group President, Alhaji Aliko Dangote.

Dangote had accused Ahmed of misusing public funds, alleging the NMDPRA boss spent about $7 million on the overseas education of his four children, an amount he claims is inconsistent with Ahmed’s official earnings. Dangote’s petition includes details of the children, the Swiss schools they attend, and the tuition amounts, calling for ICPC verification and possible prosecution.

“The ICPC wishes to state that the petition will be duly investigated,” confirmed the commission’s spokesman, John Odey.

The matter has also drawn the attention of the House of Representatives, which resolved to probe Ahmed over the tuition payments and alleged indiscriminate issuance of petrol importation licenses despite sufficient local supply. The resolution, sponsored by Rep. Midala Usman, cited Sections 88(1) and (2) of the Constitution and Section 29(3) of the Petroleum Industry Act 2021, granting the National Assembly oversight over regulatory authorities.

Usman warned that unresolved disputes between NMDPRA and Dangote Refinery could disrupt fuel supply, threaten energy security, and erode investor confidence. He stressed the need for legislative intervention to clarify regulatory boundaries, ensure pricing transparency, and stabilize Nigeria’s downstream petroleum sector.

The House has tasked its Committees on Petroleum Resources (Midstream and Downstream) to investigate and report within four weeks.