The Independent Corrupt Practices and other Related Offences Commission (ICPC) has confirmed that it will investigate allegations made by Aliko Dangote against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk.
Dangote, Chairman of the Dangote Group, on Tuesday filed a petition with the anti-graft agency, accusing Farouk of corruption and financial misconduct.
Shortly after the petition was submitted, the ICPC acknowledged its receipt and assured the public that the claims would be thoroughly examined.
“The Independent Corrupt Practices and Other Related Offences Commission (ICPC) writes to confirm that it received a formal petition today Tuesday 16th December, 2025 from Alhaji Aliko Dangote through his lawyer,” the commission’s spokesperson, John Odey, said in a statement shared on the agency’s official social media platforms.
“The petition is against the CEO of the NMDPRA, Alhaji Farouk Ahmed. The ICPC wishes to state that the petition will be duly investigated.”
In the petition addressed to the ICPC, the Kano-born businessman, through his counsel, Ogwu Onoja (SAN), alleged that the NMDPRA chief expended more than $7 million, without verifiable lawful income, on the education of his four children in various schools in Switzerland over a six-year period, paid upfront.
Dangote further alleged that Farouk exploited the NMDPRA to embezzle and divert public funds for personal benefit and private interests, to the detriment of Nigerians.
“It is without doubt that the above facts in relation to abuse of office, breach of Code of Conduct for public officers, Corrupt enrichment, embezzlement are gross Act of corrupt practices for which your Commission (ICPC) is statutorily empowered under section 19, of the ICPC Act to investigate and prosecute,” part of the petition stated.
“Upon a successful prosecution of such a person, under section 19, of the ICPC Act, the person is liable to imprisonment for five years without an option of fine.
“We make bold to state that the ICPC is strategically positioned along the sister agencies to prosecute financial crimes and other corruption related offences, and upon establishing a prima facie case, the Courts do not hesitate to punish offenders.
“In view of the above, we call on the Commission under your leadership to investigate the complaint of abuse of office and corruption against Engr Farouk Ahmed and to accordingly, prosecute him if found wanting.
“We have no reservation that being a matter that is in the public domain, the Commission will not close its eyes to it but act decisively to ensure that justice is done and the good image of the administration of President Bola Ahmed Tinubu, is protected.”
Meanwhile, the House of Representatives has summoned both parties and urged them to refrain from further public statements on the matter.
Lawmakers warned that the dispute could undermine the progress recorded in the downstream petroleum sector.
As of the time of this report, neither the NMDPRA nor its chief executive has responded publicly to the allegations.