President and Chief Executive Officer of Dangote Group, Alhaji Aliko Dangote has dragged the Managing Director and Chief Executive Officer of the Nigeria Midstream and Downstream Petroleum Regulatory Commission, Engineer Farouk Ahmed to the
Independent Corrupt Practices and Other Related Offences Commission (ICPC), insisting that his sources of income should be thoroughly investigated.
Spokesperson for the ICPC, John Okor Odey in a statement today, December 16, confirmed receipt of a petition from Dangote on the matter.
The statement said that the Commission “writes to confirm that it received a formal petition today Tuesday 16th December, 2025 from Alhaji Aliko Dangote through his lawyer. “The petition is against the CEO of the NMDPRA, Alhaji Farouk Ahmed.
“The ICPC wishes to state that the petition will be duly investigated.”
The short statement did not mention the content of the petition, but at a news briefing on Sunday, December 14, Aliko Dangote had accused the leadership of the NMDPRA of actions he described as economic sabotage. He alleged NMDPRA collusion with foreign oil traders and fuel importers to undermine domestic refining through continued issuance of petroleum product import licences.
Dangote alleged that the NMDPRA boss is living far beyond his legitimate earnings, citing what he described as extravagant expenditure on the foreign education of his children.
He alleged that Ahmed Faruk’s four children attended elite secondary schools in Switzerland, with costs allegedly running into several millions of dollars.
In a statement yesterday, December 15, Dangote said that more than $5 million was expended on the children’s secondary education in Switzerland over a six-year period.
He listed such institutions to include Montreux School, Aiglon College, Institut Le Rosey and La Garenne International School. He further alleged that annual tuition, travel and upkeep amounted to approximately $200,000 per child, totalling about $800,000 annually for the four children, with estimated cumulative living expenses of $4.8 million over six years.
Dangote also alleged that an additional $2 million was spent on tertiary education over four years, including a reported $210,000 MBA programme at Harvard University in 2025 for one of the children.
Dangote stressed that public officials owe Nigerians an explanation when their lifestyles appear inconsistent with their earnings, adding that many families in Ahmed’s home state of Sokoto struggle to afford basic school fees.
“Nigerians deserve to know the source of these huge sums spent by a public officer, especially at a time when many parents cannot afford even modest school fees.”
Meanwhile, Ahmed Faruk was not within reach to react to Dangote’s allegations.
This came even as the House of Representatives Joint Committees on Petroleum Resources (Downstream and Midstream) have summoned both parties and ordered an immediate halt to further public exchanges. The lawmakers warned that escalating the dispute could disrupt Nigeria’s downstream petroleum sector, which has only recently began to experience relative stability following years of volatility.
