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Reading: Ex-NMDPRA MD’s Probe Will Proceed Regardless of Withdrawal Of Petition By Dangote — ICPC • Channels Tv
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Watch Nigeria > Blog > Business & Economy > Ex-NMDPRA MD’s Probe Will Proceed Regardless of Withdrawal Of Petition By Dangote — ICPC • Channels Tv
Business & Economy

Ex-NMDPRA MD’s Probe Will Proceed Regardless of Withdrawal Of Petition By Dangote — ICPC • Channels Tv

Last updated: January 8, 2026 5:33 am
Terfa Ukende
1 month ago
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The Impartial Corrupt Practices and Different Associated Offences Fee (ICPC) has mentioned it can proceed the probe of a former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, regardless of the withdrawal of the petition by Aliko Dangote.

It mentioned it had acquired a “discover of withdrawal” of the petition towards Ahmed, submitted by a authorized counsel to Dangote.

READ ALSO: Dangote’s Allegation Against Me, My Family ‘Wild And Spurious’ — Ahmed Farouk

It, nonetheless, mentioned that in keeping with the provisions of sections 3(14) and 27(3) of its enabling regulation, it will proceed to analyze the matter in keeping with its statutory mandate and within the curiosity of transparency, accountability, and the battle towards corruption for the advantage of Nigeria.

“The Impartial Corrupt Practices and Different Associated Offences Fee (ICPC) is in receipt of a letter dated January 5, 2026, titled “Discover of Withdrawal of Petition towards Engineer Farouk Ahmed,” submitted to the Fee by Dr. O.J. Onoja, SAN and Associates, authorized counsel to Alhaji Aliko Dangote,” a press release by the spokesperson of the fee, J. Okor Odey, partly learn.

“The letter from O. J. Onoja SAN, states that the petitioner has withdrawn the petition dated 16 December, 2025, submitted towards Engineer Farouk Ahmed, the instant previous ACE/CEO of the NMDPRA, in its entirety, and that one other regulation enforcement company has taken over.

“The ICPC needs to state categorically that, in keeping with the provisions of sections 3(14) and 27(3) of its enabling Act, the investigations within the curiosity of the Nigerian folks and the Nigerian state have already commenced and are presently ongoing,” the assertion added.

Dangote, who’s the Chairman of Dangote Group, had in December 2025 submitted a petition towards Ahmed to the ICPC, accusing him of corruption and monetary impropriety.

Within the petition submitted on December 16, Dangote demanded the arrest, investigation, and prosecution of the previous MD for allegedly residing above his means as a public servant.

In response to the petition acquired by the workplace of the Chairman of the ICPC, Musa Aliyu (SAN), the Dangote Group Chairman particularly accused the previous NMDPRA boss of spending, with out proof of lawful means, an earnings amounting to over $7 million for the training of his 4 youngsters in numerous faculties in Switzerland for a interval of six years upfront.

Within the petition, Dangote listed the youngsters and their faculties in Switzerland, together with the quantity paid for every of them to determine his allegations and verification by the anti-graft company.

He alleged that Ahmed was utilizing the instrumentality of the NMDPRA to embezzle and divert public funds for self-gain and pursuit of personal curiosity to the detriment of the Nigerian folks, which orchestrated uproar and protest by totally different teams not too long ago.

Dangote claimed that the NMDPRA boss, all through his lifetime as an grownup, labored within the public sector in Nigeria and that the totality of his earnings over time was nothing near $7 million.

The entrepreneur mentioned the cash was allegedly diverted from the general public coffers to pay for the training of his teenage youngsters overseas.

However Ahmed denied the allegations.

He described them as “wild and spurious”.

The dispute between Dangote and Ahmed dates again to July 2024, when the previous NMDPRA chief mentioned native refineries, together with the Dangote refinery, produced inferior merchandise in comparison with these imported into the nation.

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ByTerfa Ukende
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Terfa Ukende is a seasoned financial writer with over seven years of experience covering topics on finance, investment, and economic development. He began his writing career with NewsWay before joining Watch Nigeria, where he continues to educate readers on wealth building, market trends, and smart money management. He holds a Bachelor’s degree in Statistics and Computer Science, which strengthens his analytical approach to financial reporting and investment insights.
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