Human rights activist Deji Adeyanju has urged authorities to investigate Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). This follows allegations by billionaire Aliko Dangote that Ahmed spent $5 million on his children’s secondary education in Switzerland.
Transparency Concerns in Oil Sector
In an official statement, Adeyanju described the public dispute as revealing critical transparency issues within Nigeria’s petroleum industry. He cautioned the Federal Government against allowing Dangote to dominate the sector through economic pressure.
“Anti-corruption agencies must urgently investigate this $5 million education expenditure claim,” Adeyanju stated. “Such spending raises serious questions about public service compensation if verified.”
Dangote’s Motives Questioned
Adeyanju clarified that Dangote shouldn’t be seen as a public interest champion. He emphasized the conflict stems from market dominance concerns rather than regulatory integrity.
“Dangote opposes regulations limiting his monopoly in the petroleum sector. The government must not let economic pressure weaken institutions. Regulators deserve support when acting legally.”
Fuel Pricing Controversy
The activist highlighted pricing discrepancies in locally refined fuel. “It’s illogical that fuel from Dangote’s Lekki refinery costs more than imports from Brazil or Argentina,” Adeyanju noted.
He also referenced disputed quality concerns about Dangote’s petroleum products. “Dangote chose to build a massive single-line refinery and must bear its risks. Nigerians shouldn’t pay premium prices for patriotism.”
Call for Comprehensive Investigation
Adeyanju characterized the conflict as long-standing. He urged the Federal Government to launch a full probe into all allegations, including potential inducements involving the regulator.