Aliko Dangote Calls On EFCC To Probe Ex-NMDPRA Boss Farouk Ahmed Over Alleged Wealth Misconduct

Aliko Dangote, chairman of Dangote Group, has called on the Economic and Financial Crimes Commission (EFCC) to investigate Farouk Ahmed, the former CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), over alleged financial impropriety. Dangote accused Ahmed of abusing his office, amassing wealth beyond his legitimate earnings, and living a lifestyle inconsistent with his public service salary. The development follows Dangote’s earlier petition in December 2025 to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) through his lawyer, Ogwu Onoja, in which he raised concerns about corruption and financial misconduct. Ahmed resigned from his position on December 17 after meeting with President Bola Tinubu. On January 7, Dangote withdrew his petition from the ICPC and filed a fresh complaint with the EFCC, urging chairman Ola Olukoyede to investigate Ahmed for financial misconduct, breaches of the code of conduct for public officers, and related offences. The petition highlighted that Ahmed reportedly spent over $7 million on the education of his four children — Faisal Farouk at Montreux School, Farouk Jr. at Aiglon College, Ashraf Farouk at Institut Le Rosey, and Farhana Farouk at La Garenne International School — in Switzerland over six years. Dangote argued that such expenditures far exceed what Ahmed could have earned legally as a public servant. The petition also cited legal precedents, noting that the EFCC and its partner agencies are empowered to prosecute financial crimes, and courts do not hesitate to punish offenders when a prima facie case is established. Dangote’s action signals a renewed push for accountability and transparency in public office, particularly regarding unexplained wealth and financial conduct.

Read More