Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»Business»Ahmed Disperses Self from Purported Response to Dangote Allegations
Business

Ahmed Disperses Self from Purported Response to Dangote Allegations

meridianspyBy meridianspyDecember 17, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Breaking News
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

 

The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has disowned a statement circulating in his name purporting to respond to allegations made by President and Chief Executive of Dangote Industries Limited, Aliko Dangote.

 

In a disclaimer issued on Wednesday, Ahmed said the said statement did not emanate from him, stressing that he had deliberately refrained from engaging in public exchanges over the allegations.

 

“My attention has been drawn to a purported response I was said to have made on the recent allegations against my person. I hereby state categorically that the so-called statement did not emanate from me,” he said.

 

Ahmed acknowledged awareness of what he described as “wild and spurious allegations” against him and his family, but noted that, as a regulator in a sensitive sector, he had chosen not to engage in public brickbats.

 

He welcomed the decision by the accuser to submit the matter to a formal investigative body, expressing confidence that the process would allow for an objective examination of the issues and ultimately clear his name.

 

Read Also:

US Imposes Travel Ban on Nigeria, Cites Security Concerns

Ahmed Disowns Purported Response to Dangote Allegations

One Year After: A Livestock Ministry Still Chasing Symptoms Instead of Systems

 

“Thankfully, the person behind the allegations has taken it to a formal investigative institution. I believe this would provide an opportunity to dispassionately distil the issues and clear my name,” he added.

READ ALSO  Traoré Receives Tinubu’s Envoys, Assures Stronger Nigeria–Burkina Faso Ties

 

The clarification followed a series of allegations by Dangote, who on Sunday accused Ahmed of economic sabotage and undermining domestic refining through the continued issuance of import licences for petroleum products.

 

At a press conference at the Dangote Petroleum Refinery, Dangote alleged that the leadership of the NMDPRA was colluding with international traders and oil importers to frustrate local refining efforts.

 

He further accused Ahmed of living beyond his legitimate means, alleging that four of his children were enrolled in secondary schools in Switzerland at costs amounting to several millions of dollars.

 

Dangote expanded the allegations on Monday, accusing the NMDPRA chief of corruption and misappropriation of public funds, and providing estimated figures for his children’s education abroad.

 

On Tuesday, he formally petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), through his lawyer, Ogwu Onoja, SAN, seeking Ahmed’s investigation and prosecution for allegedly living above his means.

 

The petition, addressed to ICPC Chairman, Musa Aliyu, alleged that Ahmed spent over $7 million on the education of his four children in Switzerland without lawful sources of income, and urged the commission to act in line with its statutory powers under the ICPC Act.

 

Dangote said he remained available to provide evidence to support his claims, as civil society groups staged protests over the allegations

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Tweet

Related posts:

  1. No Bank In Nigeria Shall Retrench Or Lay-Off Any Staff – CBN Orders
  2. BREAKING: UK Court Orders P&ID To Release $200m Deposit To Nigeria
  3. Naira Scarcity: ICPC discovers N258m hidden in Abuja Bank
READ ALSO  Police foil robbery in Enugu, arrest suspect
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

Traoré Receives Tinubu’s Envoys, Assures Stronger Nigeria–Burkina Faso Ties

December 18, 2025

Farouk Ahmed, Komolafe Resign as Tinubu Nominates New CEOs for Oil, Gas Regulators

December 17, 2025

Pension Assets Surge 22% to ₦26.7trn

December 17, 2025
Search
Recent Posts
  • Traoré Receives Tinubu’s Envoys, Assures Stronger Nigeria–Burkina Faso Ties
  • Farouk Ahmed, Komolafe Resign as Tinubu Nominates New CEOs for Oil, Gas Regulators
  • Pension Assets Surge 22% to ₦26.7trn
  • US Imposes Travel Ban on Nigeria, Cites Reasons
  • Ahmed Disperses Self from Purported Response to Dangote Allegations
  • Dangote Petitions ICPC Over Alleged Corruption by NMDPRA Chief 
  • We’ll Continue to Honour Buhari’s Legacies – Tinubu 
  • CBN Revokes Licences of Aso Savings, Union Homes over Capital, Compliance Breaches
  • Police foil robbery in Enugu, arrest suspect
  • EFCC To Oppositions: Your ‘ Prosecution’ Claim Plot to Evade Probe
  • Stock market transacts 553.2m shares worth N13.3bn
  • After 11 Months of Becoming Colonel, Tinubu Promotes ADC  to Brigadier General
  • How NMDPRA Boss Spent Over N7bn in Kids’ Secondary School Fees – Dangote 
  • NCC blames network disruptions on diesel supply in Abuja
  • Nigerian Army to establish new training depot in Abakaliki – COAS
Categories
  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Investigations
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sport
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2025 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.