farouk ahmed

The Digest: Aliko Dangote has lodged a new petition with the EFCC against former NMDPRA chief Farouk Ahmed, alleging abuse of office and corrupt enrichment. The move comes days after withdrawing a similar case from the ICPC Key Points: Dangote’s legal team filed the petition through lead...

The Digest: The ICPC has confirmed it will continue investigating former NMDPRA MD Farouk Ahmed despite Aliko Dangote’s withdrawal of a corruption petition. The agency cites statutory duty and public interest, a reminder that some storms are too big to withdraw from. Key Points : ICPC...

The Digest: Billionaire businessman Aliko Dangote has withdrawn a corruption petition he filed with the Independent Corrupt Practices Commission against former NMDPRA Chief Executive Farouk Ahmed. The petition, alleging embezzlement and diversion of public funds, was pulled after another...

The Digest: Former Edo State Governor and Senator Adams Oshiomhole has strongly welcomed the resignation of the chiefs of Nigeria's main petroleum regulatory agencies, stating the move was necessary for the country's economic survival. Key Points: Senator Adams Oshiomhole welcomed the...

The Digest: President Bola Tinubu has requested Senate confirmation for new chief executives of Nigeria's top petroleum regulatory bodies following the sudden resignations of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC. The move comes days after Aliko Dangote levied...

The Digest: Civil society activists have staged protests at the Abuja headquarters of the ICPC and EFCC, demanding urgent investigation into Aliko Dangote’s allegation that NMDPRA Chief Executive Farouk Ahmed spent over $5 million on his children’s secondary education in Switzerland. The...

The Digest: NMDPRA CEO Farouk Ahmed has disowned a viral statement attributed to him, clarifying he did not issue any response to Aliko Dangote's allegations. He is instead relying on the ongoing ICPC investigation to clear his name. Key Points: NMDPRA CEO Farouk Ahmed disowned a statement...

The Digest: Nigeria's anti-corruption agency has formally acknowledged a high-stakes corporate-regulator clash, setting the stage for a major probe. The Independent Corrupt Practices Commission has confirmed it received a petition from Aliko Dangote against NMDPRA CEO Farouk Ahmed and stated...

The Digest: Aliko Dangote has formally petitioned the Independent Corrupt Practices Commission (ICPC) against NMDPRA Managing Director Farouk Ahmed, demanding his arrest and prosecution for allegedly spending over $7 million on his children's Swiss education without lawful means. Key Points...

The Digest: In a dramatic escalation of a corporate-regulator feud, specific names and institutions are now at the centre of a multi-million dollar allegation. Billionaire Aliko Dangote has detailed his claim that NMDPRA CEO Farouk Ahmed spent over $5 million on his four children's secondary...

The Digest: Aliko Dangote has publicly challenged the Chief Executive of the NMDPRA, Engr. Farouk Ahmed, over allegations he spent $5 million on his children’s Swiss secondary education, demanding accountability and declaring the sector’s regulator “should never act as a trader.” Key Points...