The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said it will investigate allegations made by Mr. Aliko Dangote against the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Ahmed Farouk.

Mr. Dangote, Chairman of the Dangote Group, on Tuesday submitted a petition to the commission, accusing Engr. Farouk of corruption and financial impropriety.

Hours after the industrialist filed the petition, the ICPC acknowledged its receipt and assured the public that the matter would be investigated.

“The Independent Corrupt Practices and Other Related Offences Commission (ICPC) writes to confirm that it received a formal petition today, Tuesday, 16 December 2025, from Alhaji Aliko Dangote through his lawyer,” the commission’s spokesman, Mr. John Odey, said in a statement posted on the agency’s social media platforms.

“The petition is against the CEO of the NMDPRA, Alhaji Farouk Ahmed. The ICPC wishes to state that the petition will be duly investigated.”

In the petition submitted to the ICPC, the Kano-born businessman, through his lawyer, Mr. Ogwu Onoja (SAN), alleged that the NMDPRA boss spent, without evidence of lawful income, more than $7 million on the education of his four children in Switzerland, paying upfront for a six-year period.

He further alleged that Engr. Ahmed used the NMDPRA to embezzle and divert public funds for selfish gain and the pursuit of private interests, to the detriment of Nigerians.

“It is without doubt that the above facts, in relation to abuse of office, breach of the Code of Conduct for public officers, corrupt enrichment, and embezzlement, are gross acts of corrupt practices for which your Commission (ICPC) is statutorily empowered under Section 19 of the ICPC Act to investigate and prosecute,” part of the petition read.

“Upon a successful prosecution of such a person under Section 19 of the ICPC Act, the person is liable to imprisonment for five years without an option of fine.

“We make bold to state that the ICPC is strategically positioned, alongside sister agencies, to prosecute financial crimes and other corruption-related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders.

“In view of the above, we call on the Commission, under your leadership, to investigate the complaint of abuse of office and corruption against Engr. Farouk Ahmed and, accordingly, prosecute him if found wanting.

“We have no reservation that, being a matter in the public domain, the Commission will not close its eyes to it, but will act decisively to ensure that justice is done and that the good image of the administration of President Bola Ahmed Tinubu is protected.”

The House of Representatives has, however, summoned both parties and asked them to refrain from making public comments on the matter.

According to the lawmakers, the feud could undermine the strides recorded in the downstream petroleum sector.

Since Mr. Dangote’s allegations became public, neither the NMDPRA nor its CEO has commented on the matter.