Close Menu
    Facebook X (Twitter) LinkedIn Telegram
    Trending:
    • Lagos Building Collapse: One Dead, Two Rescued During Demolition
    • Kano Man Cuts Off Own Finger After Alleged N80m Body Part Deal
    • Edo Police Probe Clash Between EDSTMA, IRT Officers Over Viral Video
    • 1966 Coup: Peter Obi Urges Nigerians to Move Beyond Past Grievances
    • Greek Woman,54, Gives Birth to Baby From 22yo Frozen Embryo
    • Rivers Police Rescue Abducted Woman, Arrest Suspected Kidnapper
    • Calabar Hotel Death: Police Hunt Male Guest After Woman Found Dead
    • 24 Dead in Ondo Over Suspected Methanol Poisoning From Local Alcohol
    Facebook X (Twitter)
    Naija Daily NewsNaija Daily News
    Subscribe
    Thursday, Sep 10, 2026
    • Home
    • Politics
    • World
      1. Africa
      2. US News
      3. View All

      Nigerians stranded in S’Africa as repatriation delays trigger humanitarian concerns

      June 19, 2026

      Eight students arrested over deadly Kenya school fire

      May 29, 2026

      Several girls feared dead as fire guts Kenyan boarding school

      May 28, 2026

      WHO declares Ebola outbreak in DR Congo, Uganda

      May 17, 2026

      Gunman killed after opening fire near white house, bystander injured

      May 24, 2026

      Jury begins deliberations in Alison-Madueke bribery trial in London

      May 18, 2026

      Trump announces killing of ISIS deputy in joint U.S.-Nigeria operation

      May 16, 2026

      Nigerian Prof jailed five years in US over $1.4m fraud

      May 14, 2026

      US DHS Names 10 Nigerians on ‘Worst of the Worst’ List

      August 28, 2026

      Make the Vatican Great Again: Trump’s absurd, disrespectful Papal stunt

      August 16, 2026

      World’s Oldest Person, Inah Canabarro Lucas, Dies at 116

      August 16, 2026

      US places 124 Nigerians on deportation list over alleged criminal convictions

      July 9, 2026
    • Business
      1. The Technocrat
      2. View All

      CBN warns against rejecting standard N100 banknote

      July 8, 2026

      Petrol price may fall below N800/litre, marketers tell FG

      July 7, 2026

      Tony Elumelu to Retire as UBA Group Chairman; Emmanuel Nnorom Named Successor

      July 6, 2026

      WhatsApp to introduce usernames, ending the need to share phone numbers

      June 30, 2026
    • Entertainment
    • Education
    • Metro
    • Sports
    Naija Daily NewsNaija Daily News
    Home → Business → Ahmed Farouk dismisses Dangote’s corruption allegations as ICPC, Reps step in
    Ahmed Farouk dismisses Dangote’s corruption allegations as ICPC, Reps step in

    Ahmed Farouk dismisses Dangote’s corruption allegations as ICPC, Reps step in

    0
    By Naija Daily News on December 17, 2025 Business
    Share
    Facebook Twitter WhatsApp Reddit LinkedIn Copy Link

    File photo: Ahmed Farouk, CEO, NMDPRA

    By Deborah Nnamdi

    The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, has described corruption allegations levelled against him by the Chairman of Dangote Group, Aliko Dangote, as “wild and spurious,” saying he would rather clear his name before a formal investigative body than engage in public exchanges.

    In a disclaimer personally signed by him, Farouk denied issuing any public response attributed to him on the allegations and distanced himself from the claims circulating in the media. He said that as the regulator of a sensitive sector, he deliberately avoided engaging in what he described as public “brickbat,” noting that the allegations had already been taken to a formal investigative institution where the issues could be dispassionately examined.

    Farouk’s reaction followed accusations by Dangote, Africa’s richest man, who alleged that the NMDPRA boss was involved in economic sabotage and corruption that undermined domestic refining in Nigeria. Dangote had also claimed that Farouk was living beyond his legitimate means, alleging that over $7 million was spent on the education of his four children in Switzerland over six years, an amount he said could not be justified by Farouk’s earnings as a public servant.

    The dispute between the two men dates back to July 2024, when Farouk reportedly stated that locally refined petroleum products, including those from the Dangote Refinery, were inferior to imported fuel. Dangote rejected the claim and publicly tested diesel from his refinery during an oversight visit by federal lawmakers.

    On December 16, Dangote, through his lawyer, Ogwu Onoja (SAN), formally petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), demanding the arrest, investigation, and prosecution of Farouk for alleged corrupt enrichment, abuse of office, and breach of the Code of Conduct for public officers. In the petition, Dangote accused the NMDPRA boss of diverting public funds for private use, including the education of his children abroad, and provided details of the schools and fees paid to aid the investigation.

    See also  Airtel Nigeria suspends airtime, data borrowing services

    Dangote argued that such alleged conduct raised serious questions about the integrity of regulatory oversight in the downstream petroleum sector, particularly amid claims that the agency continued to issue import licences in ways that frustrated local refining. He said he was ready to present evidence to support his claims.

    The ICPC has confirmed receipt of the petition and stated that the allegations against Farouk would be thoroughly investigated. The commission said it received the complaint on Tuesday, December 16, and assured the public that due process would be followed.

    Meanwhile, the House of Representatives has stepped into the dispute, summoning both Dangote and Farouk. The joint committees on petroleum resources (midstream and downstream) have also directed both parties to refrain from further public comments while lawmakers work to address the tensions, which they warned could destabilize the downstream petroleum sector.

    Farouk, for his part, maintained that he would defend himself fully before the appropriate authorities and expressed confidence that the investigative process would clear his name.

    Aliko Dangote Dangote Refinery House of Representatives ICPC NMDPRA
    Share. Facebook Twitter LinkedIn Email WhatsApp Copy Link
    Avatar of Naija Daily News
    Naija Daily News
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Naija Daily News is a Nigerian digital news platform providing timely, credible, and engaging coverage of breaking stories, current affairs, and developments shaping Nigeria and the world. We’re committed to keeping readers informed with news that is relevant, factual, and reliable.

    Related Articles

    September 7, 20263 Mins Read0

    Dangote Refinery Targets Global No. 1 Spot by 2028

    July 8, 20262 Mins Read0

    PFIPC: Senate declines probe of controversial budget allocation, awaits ICPC investigation

    July 8, 20262 Mins Read0

    CBN warns against rejecting standard N100 banknote

    Leave A Reply Cancel Reply

    Poliitcs

    Peter Obi Alleges Blockade in Benue, Govt Denies Knowledge of Visit

    September 8, 2026

    Atiku to Probe N33.75bn Cash Transfer to 3.29m Nigerians

    September 5, 2026

    Osun Decides: The Morning After, Postmortem for APC

    August 19, 2026

    2027: Peter Obi alleges intimidation, says he may not be alive to contest

    July 8, 2026
    Editorials

    Trump: From Convicted Felon to U.S. President-Elect

    November 15, 2025

    PENGASSAN crossed the line in Dangote dispute

    October 8, 2025

    Editorial: PENGASSAN crossed the line in Dangote dispute

    October 8, 2025

    Nigeria’s Push for STEM Education: Preparing the Next Generation for a Digital Future.

    August 15, 2025
    Popular Posts

    Nigeria Tax Act: No VAT on land, buildings, rent – Taiwo Oyedele

    February 15, 2026

    Exploring the Rise of Nigeria’s Creative Industry: Opportunities and Challenges.

    August 11, 2024

    Meta deploys facial recognition to help users regain access to locked accounts

    October 23, 2024

    Subscribe to News

    Subscribe to Naija Daily News and get trusted news, and the day's biggest stories delivered to your inbox.

    Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram

    Sections

    • Home
    • National
    • World
    • Politics
    • Crimes
    • Business
    • Metro

    More

    • Sports
    • Health
    • Technology
    • Africa
    • US News
    • Travel
    • Education

    About Us

    • Our Mission
    • Contact Us
    • Contact the Editors
    • Site Map
    • Do Not Sell Data
    • Newsletter
    • Privacy Policy

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design, and business.

    © 2026 Naija Daily News. All Rights Reserved.
    • Privacy Policy
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.