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 […]

Dangote Submits Petition To ICPC Against NMDPRA Boss

Chairman of the Dangote Group, Aliko Dangote, has formally petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), calling for an investigation into the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, over allegations of corruption and illicit enrichment. According to reports, the petition, dated December 16, […]

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 […]

Fuel Prices Drop Nationwide as FG Suspends 15% Import Duty on Petrol, Diesel

Petrol Price

Fuel prices across Nigeria have begun to ease after the Federal Government halted plans to introduce a 15 per cent import duty on Premium Motor Spirit (PMS) and diesel. The decision has triggered immediate retail price reductions at major filling stations, offering relief to motorists already grappling with high transportation costs. The suspension was confirmed […]

FG Suspends Implementation of 15% Import Duty on Petrol, Diesel

Fluctuating-Petrol-Prices-Linked-to-Crude-Oil-Costs frontpage news

The Federal Government has put a hold on its earlier plan to introduce a 15 percent import levy on petrol and diesel, a move that had sparked concerns among industry players and consumers. In an official statement released on Thursday, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) confirmed the suspension, reassuring Nigerians of […]