Close Menu
Chronicle NG
    Trending Stories
    Femi Gbajabiamila speaks after a presidential committee meeting outlining the seven-week timeline for drafting Nigeria's proposed state police bill.

    Executive bill on state police will be ready for Tinubu’s review Sept 3 — Gbajabiamila

    August 3, 2026
    You will be arrested’, NYSC DG warns corps members over cybercrime offences

    NYSC mandates NERD clearance for corps members’ mobilisation

    August 3, 2026
    NACCIMA announces applications for a $150 million offshore financing facility to support the expansion of Nigerian businesses.

    NACCIMA opens applications for $150m offshore business financing

    August 3, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Executive bill on state police will be ready for Tinubu’s review Sept 3 — Gbajabiamila
    • NYSC mandates NERD clearance for corps members’ mobilisation
    • NACCIMA opens applications for $150m offshore business financing
    • Harry B appeals for help to restore Nollywood actress Maureen Okpoko’s sight
    • NiDCOM confirms release of Nigerian girls detained in Mauritius
    • FAAN backtracks, says no fire incident at Lagos Int’l airport
    • Orji Kalu: Catholic bishops are Nigeria’s conscience, Tinubu should heed their advice
    • Morocco says 11 died in Ceuta crossing after Spain puts toll at 72
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Monday, August 3
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Reps step in as Dangote, NMDPRA CEO Ahmed clash threatens fuel stability

    Opalim LiftedBy Opalim LiftedDecember 17, 2025No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Reps to probe dispute between Aliko Dangote, NMDPRA CEO Farouk Ahmed
    Aliko Dangote, chairman Dangote Group and CEO NMDPRA Farouk Ahmed
    Facebook Twitter WhatsApp

    The House of Representatives has resolved to investigate the dispute between Aliko Dangote, chairman of the Dangote Group, and Farouk Ahmed, chief executive officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

    The lower legislative chamber passed the resolution after adopting a motion of urgent public importance.

    The motion was moved during Tuesday’s plenary by Midala Balami, a lawmaker representing Askira Uba/Hawul federal constituency of Borno State.

    In a newspaper advertisement on Tuesday, Dangote alleged that Ahmed spent about $5 million on the secondary education of his four children in Switzerland over six years.

    He said the annual cost of tuition, airfare and upkeep per child was $200,000, amounting to $800,000 per year for the four children.

    The businessman further claimed that the total living expenses and air tickets for the children over six years amounted to $1.2 million, bringing the total cost to $4.8 million.

    • Dangote petitions ICPC to probe NMDPRA boss

    The dispute between Dangote and Ahmed peaked in July 2024, when the NMDPRA CEO said local refineries, including the Dangote refinery, produce inferior products compared with imported fuel.

    Dangote denied the allegation by testing diesel from his refinery during an oversight visit by federal lawmakers to the plant.

    Moving the motion, Balami said the unresolved tensions between Dangote and Ahmed could threaten petrol supply and pricing stability.

    He added that Dangote is critical to reducing Nigeria’s dependence on imported petrol, conserving foreign exchange, stabilising domestic supply and moderating fuel prices.

    The motion was unanimously adopted after Benjamin Kalu, the deputy speaker, subjected it to a voice vote.

    The House mandated the committees on petroleum resources (midstream and downstream) to investigate the dispute, engage relevant stakeholders and propose solutions within four weeks.

    On Monday, Ikenga Ugochinyere, chairman of the committee on downstream, said the panel has the capacity to wade into the matter and find solutions “once and for all”.

    “We can only find sustainable solutions when we identify the critical issues leading to this tension,” he said.

    Ugochinyere added that the House resolved to plead with the contending parties to cease fire, especially in media comments, to prevent further escalation.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Femi Gbajabiamila speaks after a presidential committee meeting outlining the seven-week timeline for drafting Nigeria's proposed state police bill.

    Executive bill on state police will be ready for Tinubu’s review Sept 3 — Gbajabiamila

    You will be arrested’, NYSC DG warns corps members over cybercrime offences

    NYSC mandates NERD clearance for corps members’ mobilisation

    NACCIMA announces applications for a $150 million offshore financing facility to support the expansion of Nigerian businesses.

    NACCIMA opens applications for $150m offshore business financing

    Harry B appeals for help to restore Nollywood actress Maureen Okpoko’s sight

    Harry B appeals for help to restore Nollywood actress Maureen Okpoko’s sight

    NiDCOM: Abike Dabiri says Turkish officials were shocked Tinubu stumble dominated Nigerian media

    NiDCOM confirms release of Nigerian girls detained in Mauritius

    FAAN backtracks, says no fire incident at Lagos Int'l airport

    FAAN backtracks, says no fire incident at Lagos Int’l airport

    Add A Comment

    Comments are closed.

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Femi Gbajabiamila speaks after a presidential committee meeting outlining the seven-week timeline for drafting Nigeria's proposed state police bill.

    Executive bill on state police will be ready for Tinubu’s review Sept 3 — Gbajabiamila

    August 3, 2026
    You will be arrested’, NYSC DG warns corps members over cybercrime offences

    NYSC mandates NERD clearance for corps members’ mobilisation

    August 3, 2026
    NACCIMA announces applications for a $150 million offshore financing facility to support the expansion of Nigerian businesses.

    NACCIMA opens applications for $150m offshore business financing

    August 3, 2026
    Harry B appeals for help to restore Nollywood actress Maureen Okpoko’s sight

    Harry B appeals for help to restore Nollywood actress Maureen Okpoko’s sight

    August 3, 2026
    NiDCOM: Abike Dabiri says Turkish officials were shocked Tinubu stumble dominated Nigerian media

    NiDCOM confirms release of Nigerian girls detained in Mauritius

    August 3, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.