The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced its decision to continue investigating Ahmed Farouk, the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), despite the withdrawal of a petition filed by Aliko Dangote. According to the ICPC, it received a notice of withdrawal from Dangote’s legal counsel, Dr. O.J. Onoja, SAN, on January 5, 2026.
The petition, submitted on December 16, 2025, accused Ahmed of corruption and financial impropriety, alleging that he spent over $7 million on his children’s education in Switzerland without a lawful means of income. Dangote claimed that Ahmed’s actions were a misuse of public funds and a breach of his duties as a public servant. However, Ahmed has denied these allegations, describing them as “wild and spurious.”
The ICPC has stated that it will continue its investigation in accordance with its statutory mandate, citing sections 3(14) and 27(3) of its enabling law. The commission emphasized that its investigation is in the interest of transparency, accountability, and the fight against corruption, and that it will proceed with the probe regardless of the petition’s withdrawal.
The dispute between Dangote and Ahmed dates back to July 2024, when Ahmed commented on the quality of products produced by local refineries, including the Dangote refinery. The ICPC’s investigation is seen as a significant step in addressing concerns about corruption and financial impropriety in Nigeria’s public sector.
The continuation of the investigation highlights the importance of accountability and transparency in Nigeria’s governance. The ICPC’s decision to proceed with the probe demonstrates its commitment to upholding the law and ensuring that public officials are held to account for their actions. As the investigation unfolds, it is likely to have significant implications for Nigeria’s anti-corruption efforts and the country’s overall governance landscape.