[This Day] The Senate on Tuesday approved far-reaching recommendations of its Committee on Finance on the 2026-2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), backing a lower crude oil benchmark and endorsing a N54.46 trillion federal spending plan for 2026 aimed at stabilising Nigeria's economy amid global uncertainties.
[This Day] Abuja -- The Chairman of Dangote Group, Aliko Dangote, on Tuesday dragged the Managing Director (MD) and Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, before the Independent Corrupt Practices and other related offences Commission (ICPC).
[This Day] Abuja -- The Chairman of Dangote Group, Aliko Dangote, on Tuesday dragged the Managing Director (MD) and Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, before the Independent Corrupt Practices and other related offences Commission (ICPC).
[Premium Times] Mr Dangote requested specific actions against the NMDPRA chief executive, Mr Farouk, in his petition to the ICPC.
[Premium Times] Mr Dangote requested specific actions against the NMDPRA chief executive, Mr Farouk, in his petition to the ICPC.
[Leadership] Business mogul and chairman of Dangote Group, Aliko Dangote, has petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), demanding the arrest, investigation, and prosecution of the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Ahmed Farouk, over alleged corruption and abuse of office.
[Leadership] The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed the receipt of a formal petition from Alhaji Aliko Dangote through his lawyer, against the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA,) Alhaji Farouk Ahmed.
[Premium Times] Additionally, Mr Dangote alleged that Mr Ahmed spent $2,000,000 on tertiary education for four years for his four children, adding that $210,000 was spent on Faisal's 2025 Harvard MBA.
[Leadership] The House of Representatives has resolved to stop the hostility between Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), evident by allegations and counter-claims involving the two entities.
[This Day] Abuja -- Komolafe says corruption danger to Nigeria's growth, prosperityAdefope-Okojie: NUPRC is gatekeeper of Nigeria's wealth
get in touch
ADDRESS:
Drillplus Resources Limited
Suite 910, 9th Floor
Western House
8-10 Broad Street
Lagos
CALL US:
Tel: + 234 805 979 2044
Latest Industry News
- South Africa: Mantashe Tells South Africans Not to Panic Over Fuel ShortagesMarch 26, 2026 - 10:17 am
- Nigeria: NUPRC Signs Agreement to Boost Offshore ExplorationMarch 26, 2026 - 6:52 am
- Nigeria: AGF Defends OPL 245 Resolution, Projects 150,000bpd Output As Dispute Nears ClosureMarch 26, 2026 - 6:52 am

