The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has invited Africa’s richest man, Aliko Dangote, to appear before a special panel of investigators on Monday in Abuja.
Dangote is being invited over a petition he submitted against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk.
This is according to a report by the News Agency of Nigeria (NAN), citing a source familiar with the development.
The source confirmed to NAN on Sunday that the anti-graft agency has constituted a panel of senior investigators to probe the allegations contained in the petition.
According to the source, ICPC Chairman, Dr Musa Aliyu (SAN), directed that the investigation should focus squarely on the issues raised by Dangote in his petition.
In the petition, Dangote accused Farouk of corruption and misappropriation of public funds, alleging that the former regulator spent millions of dollars on the education of his four children in Switzerland without evidence of lawful income.
He also alleged that Farouk undermined domestic refining efforts by colluding with international oil traders and importers through the continued issuance of petroleum import licences, a move he claimed weakened local refining capacity.
Although Farouk has since resigned his position as head of the NMDPRA, the ICPC has maintained that his exit from office does not affect the ongoing investigation.
The commission said it would proceed with the probe regardless of his resignation.
Before filing the petition, Naijaonpoint reported that Dangote had, during a media briefing on challenges in Nigeria’s downstream oil and gas sector on Sunday, December 14, 2025, levelled series of allegations against the former NMDPRA boss.
According to Dangote, Engr. Farouk Ahmed spent $5 million on the secondary school education of four of his children in Switzerland.
Dangote questioned how a public official could afford such extravagant spending and contrasted it with the financial struggles of ordinary Nigerians.