Group Dismisses Dangote’s Claims Against NMDPRA Chief, Passes Vote of Confidence on Farouk

Group Dismisses Dangote’s Claims Against NMDPRA Chief, Passes Vote of Confidence on Farouk

The Forum for Good Governance and Economic Development (FGGED) has dismissed recent claims allegedly made by the President of Dangote Group, Alhaji Aliko Dangote, against the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, describing the allegations as unfounded, misleading and capable of undermining regulatory stability in the petroleum sector.

In a statement issued today and made available to Journalists, the forum said it had carefully reviewed the claims attributed to Dangote and found them to be “lacking in factual basis and unsupported by regulatory or operational realities within the downstream petroleum industry.”

The Forum in the Statement signed by its  Secretary,Dr. Abraham Japhet further passed a vote of confidence on Engr. Ahmed, commending his leadership of the NMDPRA and his commitment to transparency, due process and strict adherence to the provisions of the Petroleum Industry Act (PIA).

According to the forum, since assuming office, the NMDPRA under Ahmed has implemented key reforms aimed at sanitising the downstream sector, improving regulatory oversight, ensuring fair competition and protecting the interests of consumers and investors alike.

“The NMDPRA boss has demonstrated professionalism and independence in the discharge of his duties, resisting undue pressure from vested interests while prioritising national interest,” the statement said.

FGGED warned against what it described as attempts by powerful corporate actors to intimidate or discredit regulators in order to secure favourable outcomes, stressing that no individual or company should be allowed to undermine institutions established by law.

The forum urged stakeholders in the oil and gas industry to engage constructively with regulators and utilise established dispute-resolution mechanisms rather than resorting to public statements that could erode investor confidence and destabilise the sector.

It also called on the Federal Government to continue to support the NMDPRA in the effective implementation of the PIA, noting that a strong and independent regulator is critical to the sustainability and growth of Nigeria’s petroleum industry.

The group reaffirmed its support for reforms in the oil and gas sector and pledged to continue to defend public institutions and officials who act in accordance with the law and in the best interest of the country.

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