• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Sectors Energy

NMDPRA CEO denies response on allegations by Dangote 

Rosalia Ozibo by Rosalia Ozibo
December 17, 2025
in Energy, Sectors
NMDPRA , Gas

Mr Farouk Ahmed, CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Share on FacebookShare on TwitterShare on Linkedin

Engr Farouk Ahmed, CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has denied issuing the statement circulating in the media responding to recent allegations about him.

The NMDPRA issued a statement on its official social media page, clarifying the situation, noting that the so-called statement did not come from Engr Farouk Ahmed.

This comes as controversies over the corruption allegations levelled against the NMPDRA boss by Aliko Dangote continue to escalate.

MoreStories

Yahaya Bello

Yahaya Bello accuses EFCC of political trial in alleged N80 billion fraud case 

February 4, 2026
Lagos to shut down Apongbon Bridge for six weeks

Lagos to shut down Apongbon Bridge for six weeks

February 4, 2026

What he said 

Ahmed emphasizing his preference for formal investigation over public debate.

“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. 

“While I am aware of the wild and spurious allegations made against me and my family and the frenzy it has generated, as a regulator of a sensitive industry, I have opted not to engage in public brickbat. 

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

Backstory 

Reports circulating in the early hours of today alleged that NMDPRA Ahmed denied the claims, explaining that the timing and nature of the allegations required context.

The reports stated that he referenced his 30-year career in Nigeria’s petroleum sector, rising from a junior engineer to Chief Executive of the NMDPRA, and maintained that his decisions have prioritised regulatory integrity over personal or commercial interests.

The reports further claimed that three of his four children received merit-based scholarships alongside family support, and that his official income and savings were sufficient to cover education costs. They also claimed he linked the allegations to NMDPRA’s recent enforcement of stricter licensing, quality standards, and transparent pricing, and invited regulatory and investigative agencies to examine his finances in the interest of transparency.

What you should know

Aliko Dangote has raised a series of allegations against NMDPRA CEO Engr Farouk Ahmed, accusing him of corruption and economic sabotage. Dangote claimed that Ahmed spent $5 million on his children’s overseas education, criticised the issuance of import licences despite sufficient local refining capacity, and alleged that NMDPRA’s reports misrepresent production at its Lekki refinery.

The Socio-Economic Rights and Accountability Project (SERAP) urged Nigeria’s anti-corruption agencies, including the ICPC, EFCC, and Code of Conduct Bureau, to urgently investigate the allegations, question Ahmed, identify those responsible, recover any illicit funds, and improve transparency and accountability in the oil and gas sector.

The House of Representatives Joint Committee on Petroleum Resources has intervened, summoning both Dangote Refinery and NMDPRA, and ordered a halt to media exchanges while it investigates the claims. In addition, Dangote has filed a formal petition with the ICPC against Ahmed, intensifying the scrutiny of the regulator’s actions and the broader operations of NMDPRA.

 


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Rosalia Ozibo

Rosalia Ozibo

Rosalia is a versatile journalist with a focus on technology and education. She has a talent for turning complex ideas into engaging stories, exploring how innovation and learning shape the future of people, business, and society. From tracking shifts in digital transformation and emerging tech to writing about developments in education policy and practice, her work bridges insight and accessibility. Known for sharp analysis and compelling storytelling, she continues to provide readers with perspectives that connect knowledge, opportunity, and the evolving world of work.

Next Post
Indigo dominates 2025 LAPRIGA awards, emerges model agency of the year 

Indigo dominates 2025 LAPRIGA awards, emerges model agency of the year 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast
NLNG

access bank
nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics