Africa’s richest man and President of the Dangote Group, Aliko Dangote, has alleged that the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, spent about $5 million on school fees for his children at a Swiss institution.
Dangote made the claim while calling for a thorough investigation into the allegation, stressing the need for transparency and accountability in public office. According to him, such spending, if proven, raises serious questions about the source of the funds and the integrity of officials entrusted with regulating critical sectors of Nigeria’s economy.
The allegation has sparked public debate, particularly on issues of public sector accountability, lifestyle audits for government officials, and the broader fight against corruption in Nigeria. As of the time of this report, no official response has been issued by Farouk Ahmed or the NMDPRA regarding the claim.
Observers say the call for an investigation underscores growing pressure on anti-corruption agencies to scrutinize public office holders and ensure that public trust is not abused.