Dare Babalola
Aliko Dangote, chairman of Dangote Group, has asked the Economic and Financial Crimes Commission (EFCC) to investigate Farouk Ahmed.
Dangote had accused the ex-CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of abuse of office, corrupt enrichment, and living beyond legitimate means.
In December 2025, Dangote submitted a petition against Ahmed to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) through his lawyer, Ogwu Onoja, alleging “corruption and financial impropriety”.
On December 17, Ahmed tendered his resignation after a meeting with President Bola Tinubu.
On January 7, Dangote withdrew his petition against Ahmed from the ICPC.
In a fresh petition, Dangote urged Ola Olukoyede, chairman of the EFCC, to probe Ahmed for “financial misconduct, violation of the code of conduct for public officers, and related offences”.
“We make bold to state that the commission is strategically positioned along with sister agencies to prosecute financial crimes and corruption related offences and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624)337,” the petition reads.
Dangote had accused Ahmed of spending over $7 million on the education of his four children — Faisal Farouk (Montreux School), Farouk Jr. (Aiglon College), Ashraf Farouk (Institut Le Rosey), and Farhana Farouk (La Garenne International School) — in Switzerland for six years.
He said these expenditures far exceeded what Ahmed could have earned legitimately as a career public servant.
