Dangote: Adeyanju Calls For Probe Of Farouk Ahmed Over Alleged $5 Million Swiss School Fees

Human Rights activist and lawyer, Deji Adeyanju, has called for the investigation of the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed.

He called for the probe in response to an allegation by billionaire businessman Aliko Dangote that Ahmed had spent approximately $5 million on his children’s secondary education in Switzerland.

Reacting to the development via a statement,  Adeyanju said the public spat between Dangote and the NMDPRA boss exposes serious concerns about transparency and accountability in Nigeria’s oil and gas sector.

He urged the Federal Government not to yield to any attempt by Dangote to dominate the petroleum industry.

“I call on all relevant anti-corruption agencies to urgently investigate the allegation that Farouk Ahmed, CEO of NMDPRA, spent approximately five million dollars on his children’s secondary education in Switzerland. If this claim is accurate, it raises serious questions about how such expenditure could be justified through earnings from public service,” he said.

However, Adeyanju stressed that Dangote should not be portrayed as a public-interest champion simply because of the allegations levelled against the regulator.

This controversy should not be mistaken as evidence that Aliko Dangote has suddenly become a defender of the national interest,” Adeyanju stated.

According to him, the conflict is rooted in economic power and market dominance rather than genuine regulatory concerns.

Dangote’s issue is not regulation itself, but regulation that restricts his ability to monopolise a sector he only recently entered.

“The Federal Government must not allow public pressure or economic intimidation to weaken state institutions. Regulators deserve support so long as they operate within the law,” Adeyanju argued.

Adeyanju added that if Dangote truly wants Nigerians to embrace locally refined fuel and reduce dependence on imports, prices must be competitive.

“It is illogical that fuel refined in Ibeju-Lekki costs more than products imported from countries as distant as Brazil or Argentina,” he said.

The activist lawyer noted that there are also allegations, though disputed, about the quality of Dangote’s petroleum products.

He emphasised that Dangote voluntarily chose to invest in a massive, single-line refinery and must bear the associated risks.

Investment risks cannot be transferred to citizens through inflated prices or restricted options. Patriotism does not require Nigerians to pay more or consume less simply because a product is locally produced,” he said.

Adeyanju also noted that the clash between Dangote and Ahmed did not arise overnight, describing it as a prolonged conflict.

He called on the Federal Government to carry out a comprehensive investigation into the entire matter, including allegations against the regulator and whether any inducements were offered or rejected.

I am a passionate blogger at Gkingmusik, where I create engaging content that connects with music lovers and entertainment enthusiasts. With a strong interest in music, lifestyle, and trending topics, I enjoy sharing stories, updates, and insights that keep readers informed and entertained. My goal is to provide fresh, relevant, and creative content that resonates with audiences and helps Gkingmusik remain a trusted platform for entertainment and information.

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