The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has firmly stated that its investigation into Engineer Farouk Ahmed, the immediate past Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), will continue
By Kazeem Akintunde Nigeria’s oil sector rumbled last week, when the Chairman of the Dangote Group of Companies, Alhaji Aliko Dangote alleged that the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, was spending millions of dollars on his children’s education in Switzerland, an amount far beyond his
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has invited Africa’s richest man, Aliko Dangote, to appear before its investigators or send a representative to substantiate allegations of corruption he made against the immediate past Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk
By Azu Ishiekwene It’s rare to find a multibillionaire who hasn’t had nasty battles. Yet, as battles go, the fight between Aliko Dangote, the founder of the Dangote Refinery, and the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, is among the most spectacular that Africa’s wealthiest man has had […]
By Sunday Oladapo The ongoing dispute between Africa’s richest man, Aliko Dangote, and the leadership of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), led by Engr. Farouk Ahmed, has evolved beyond a regulatory disagreement into a defining moment for Nigeria’s industrial and economic credibility. Dangote’s $20 billion (about ₦33 trillion)
President Bola Ahmed Tinubu has asked the Senate to approve the nominations of two new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The requests followed the resignation of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC. Both











