Amanze Chinonye
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reaffirmed that its investigation into allegations against Engineer Farouk Ahmed, the immediate past ACE/CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), is ongoing, despite billionaire Alhaji Aliko Dangote formally withdrawing his petition, Prime Business Africa reports.
The withdrawal was communicated to the ICPC on January 5, 2026, through a letter from Dangote’s legal team, led by Dr. O.J. Onoja, SAN. The petition, originally submitted on December 16, 2025, accused Ahmed of corruption, abuse of office, and financial impropriety, including allegations that he allegedly spent over $7 million of public funds on his children’s education in Switzerland without lawful justification.
Dangote’s legal team also indicated that another law enforcement agency has taken over the matter, though the ICPC stressed that it retains jurisdiction and its probe will continue independently.
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In a statement, J. Okor Odey, ICPC spokesperson and Head of Media and Public Communications, said:
“In line with Sections 3(14) and 27(3) of our enabling Act, investigations in the interest of the Nigerian people and the state have already commenced and are presently ongoing. The withdrawal of the petition by the petitioner does not halt the ICPC’s statutory mandate. We remain committed to transparency, accountability, and the fight against corruption.”
Ahmed resigned from his position as NMDPRA CEO shortly after the petition was filed, reportedly within 24 hours, following a meeting with President Tinubu.
The ICPC’s decision to continue the investigation underscores the legal independence of Nigeria’s anti‑graft institutions, emphasizing that once a probe has commenced, it cannot be unilaterally stopped by a petitioner. Analysts say the case highlights the complexities of high-profile corruption investigations involving multiple agencies and globally reputed figures.
The matter continues to draw intense public and media scrutiny, with Nigerians watching closely for the outcome of the ongoing probe.
Amanze Chinonye is a Staff Correspondent at Prime Business Africa, a rising star in the literary world, weaving captivating stories that transport readers to the vibrant landscapes of Nigeria and the rest of Africa. With a unique voice that blends with the newspaper's tradition and style, Chinonye's writing is a masterful exploration of the human condition, delving into themes of identity, culture, and social justice. Through her words, Chinonye paints vivid portraits of everyday African life, from the bustling markets of Nigeria's Lagos to the quiet villages of South Africa's countryside . With a keen eye for detail and a deep understanding of the complexities of Nigerian society, Chinonye's writing is both a testament to the country's rich cultural heritage and a powerful call to action for a brighter future. As a writer, Chinonye is a true storyteller, using her dexterity to educate, inspire, and uplift readers around the world.
