The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced its intention to continue investigating the immediate past Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, despite the withdrawal of the original petition filed by billionaire businessman Aliko Dangote. The ICPC confirmed receipt of a formal withdrawal letter dated January 5, 2026, submitted by Dangote’s representatives, stating that another law enforcement agency has taken over the matter.
The petition, originally filed on December 16, 2025, alleged that Ahmed was involved in corrupt enrichment, including spending over $5 million on his children’s school fees at exclusive Swiss institutions. The allegations led to a major scandal and Ahmed’s subsequent resignation in December 2025. The ICPC emphasized its independence and statutory duty to proceed with the investigation, citing sections 3(14) and 27(3) of its enabling Act.
The feud between Dangote and Ahmed began in late 2025, with Dangote’s massive refinery clashing with regulators over importation policies, pricing, and market dominance. Dangote’s initial petition to the ICPC demanded Ahmed’s arrest, investigation, and prosecution for abuse of office, corruption, and living beyond his means. The ICPC has stated that it will continue to investigate the matter in line with its statutory mandate and in the interest of transparency, accountability, and the fight against corruption.
The investigation is significant, as it highlights the ongoing efforts to combat corruption in Nigeria’s public sector. The ICPC’s decision to continue the investigation demonstrates its commitment to holding public officials accountable for their actions. As the investigation proceeds, it is expected to provide more insight into the allegations against Ahmed and the role of the ICPC in ensuring transparency and accountability in Nigeria’s public sector. The outcome of the investigation will be closely watched, as it may have implications for the country’s anti-corruption efforts and the regulation of the petroleum industry.
