ICPC Confirms Receipt of Dangote’s Petition Against NMDPRA CEO Farouk Ahmed

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has acknowledged receiving a formal petition from billionaire industrialist, Aliko Dangote, accusing the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, of corruption. In a statement released on Tuesday, the anti-graft agency confirmed that it has taken delivery […]

Facts Don’t Lie- Dangote Shares Evidence Of $5M Swiss School Spending By NMDPRA CEO Farouk

Aliko Dangote, President of the Dangote Group, has accused Farouk Ahmed, Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), of spending millions of dollars on the overseas education of his children. In a paid newspaper advertisement published on Tuesday, Dangote alleged that Ahmed expended approximately $5 million on the secondary […]

Dangote Criticises Nigeria’s Oil Sector, Says Refineries Unsellable

Africa’s wealthiest individual and Chairman of the Dangote Group, Aliko Dangote, has expressed strong doubts about the viability of Nigeria’s refining sector, stating that the country’s current business climate is discouraging enough to scare off any serious investor. Speaking at a media briefing in Lagos on Sunday, Dangote argued that Nigeria’s downstream oil industry is […]