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JUST IN : N2.2bn Fraud, Court Upholds Ngige’s EFCC Bail, Insists on Senior Civil Servant as Surety

Published

on

The Federal Capital Territory High Court sitting in Gwarinpa, Abuja, on Thursday, granted a former Minister of Labour and Employment, Chris Ngige, to continue to enjoy the administrative bail earlier granted him by the Economic and Financial Crimes Commission.

The trial judge, Justice Maryam Hassan, made the order while delivering a ruling in the bail application filed and argued on behalf of the former minister by his lead counsel, Patrick Ikwueto (SAN).

Justice Hassan in the ruling directed Ngige to produce a surety who must be a director in the employment of the Federal Government and own a landed property.

Justice Hassan ruled that the surety is to deposit the title documents of the landed property, as well as his travel documents, with the court pending the time Ngige completes the retrieval of his own international passport.

The EFCC had previously granted Ngige bail on self-recognition and directed him to submit his travel documents to the commission, in addition to providing one surety.

 

 

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Breaking : Tinubu Removes NMDPRA Chiefs Farouk, Komolafe Over Sabotage, Corruption Allegations; Names Replacement

Published

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The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, has resigned.

Similarly, his counterpart at the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has stepped down.

Based on the development, President Bola Tinubu has asked the Senate to confirm new chief executives for the two agencies.

The President’s request was contained in separate letters to the Senate on Wednesday.

This was announced in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

Both officials were appointed in 2021 by former President Muhammadu Buhari after the enactment of the Petroleum Industry Act.

According to the statement, Tinubu “has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.”

The statement noted that Eyesan, an economist and oil industry veteran, spent nearly 33 years at the Nigerian National Petroleum Company Limited and its subsidiaries.

She retired in 2024 as Executive Vice President, Upstream, and previously served as Group General Manager, Corporate Planning and Strategy.

Mohammed, a chemical engineer and former Managing Director of the Kaduna Refining and Petrochemical Company and the Nigerian Gas Company, has also served on several energy sector boards.

He recently emerged as an independent non-executive director at Seplat Energy.

“The two nominees are seasoned professionals in the oil and gas industry,” the statement noted.

Ahmed’s resignation comes amid a high-profile conflict with Africa’s richest man, Aliko Dangote, which drew national attention in December 2025.

The dispute arose from Dangote’s allegations that Ahmed and his family were living beyond their legitimate means, citing millions of dollars allegedly spent on overseas schooling for his four children.

Dangote petitioned the Independent Corrupt Practices and Other Related Offences Commission to investigate and prosecute Ahmed for abuse of office and corrupt enrichment, sparking a nationwide debate over regulatory oversight in Nigeria’s petroleum sector.

The NMDPRA chief dismissed Dangote’s claims as “wild and spurious,” insisting that he would rather defend himself before a formal investigative body than engage in public arguments.

The conflict, which traces its roots to 2024 when Ahmed criticised domestic refinery output—including Dangote’s refinery—prompted intervention by the House of Representatives, which summoned both parties to avoid destabilising the sector.

President Bola Ahmed Tinubu on Wednesday evening met with the embattled Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the State House, Abuja.

The meeting came amid allegations of financial impropriety made by industrialist and President of the Dangote Group, Alhaji Aliko Dangote, against the NMDPRA boss.

Dangote and Ahmed have been at odds for a while now over downstream petroleum regulation and the future of domestic refining in Nigeria.

At a press conference on Sunday at the Dangote Petroleum Refinery, Dangote accused the NMDPRA, under Mr Ahmed’s leadership, of economic sabotage, alleging that regulatory actions were undermining local refining capacity.

He claimed that the continued issuance of import licences for petroleum products was frustrating domestic refiners and deepening Nigeria’s reliance on fuel imports.

The billionaire industrialist further alleged that the regulator was colluding with international traders and petroleum importers to the detriment of local operators, accusations to which the NMDPRA has yet to publicly respond.

Mr Dangote also made personal allegations against the NMDPRA chief, claiming that Mr Ahmed was living beyond his legitimate means.

He alleged that four of Mr Ahmed’s children attend secondary schools in Switzerland at costs running into several millions of dollars, arguing that such expenditure raised concerns about conflicts of interest and the integrity of regulatory oversight in the downstream petroleum sector.

On Monday, Mr Dangote escalated the claims, accusing Mr Ahmed of corruption and misappropriation of public funds.

He alleged that about $5 million was spent on the secondary education and upkeep of the children over six years, with an additional $2 million on tertiary education, including an alleged $210,000 for a 2025 Harvard MBA programme for one of them.

The controversy deepened on Tuesday when Mr Dangote, through his lawyer, Ogwu Onoja, a Senior Advocate of Nigeria (SAN), petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), calling for Mr Ahmed’s arrest, investigation, and prosecution.

In the petition addressed to ICPC Chairman Musa Aliyu, Mr Dangote alleged that the NMDPRA chief “spent without evidence of lawful means of income amounting to over $7 million for the education of his four children” in Switzerland.

The petition reportedly included the names of the children, the schools attended, and detailed figures for verification.

Mr Ahmed arrived at the Presidential Villa at about 5:30 p.m. and left the President’s office after less than 30 minutes.

He declined to speak with journalists as he exited the State House and offered no comment on the allegations or the outcome of his meeting with President Tinubu.

Continue Reading

politics

Breaking : Accord Party Faces Internal Crisis in Osun as Bamigbola Emerges for 2026 After Adeleke

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A faction of the Accord Party has produced Clement Bamigbola as its governorship candidate for the 2026 Osun State election, just four days after the emergence of Governor Ademola Adeleke as the party’s flagbearer.

Newsthumb recalls that Adeleke had emerged on Wednesday as the party’s candidate, being the sole aspirant in the exercise.

However, a faction of the party rejected his emergence, insisting that Barrister Maxwell Ngbudem is not the legally recognised national chairman of the Accord Party.

In a fresh development on Sunday, about 300 delegates of the Accord Party from across Osun State elected Bamigbola as the factional candidate during a primary held at Regina Suite, Osogbo.

Bamigbola emerged through a voice vote conducted by the delegates, after which the Chairman of the Primary Committee, Hon. Olufemi Ogundare, declared him the party’s candidate for the 2026 Osun State governorship election.

Following his declaration, Ogundare and other party leaders formally presented the party’s flag to Bamigbola ahead of the 2026 contest.

 

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Czy kasyno może być ratunkiem dla ludzi w trudnej sytuacji finansowej?

Tether casino kod promocyjny aby ułatwić gościom wygodę, gra w ruletkę z krupierem to dla mnie jedna z najbardziej interesujących gier hazardowych na kasę. Domy gier bez pobierania zyskują na popularności, ale także zapewniamy doskonałą obsługę klienta. Ale na razie, że czytasz naszą recenzję Tale of Elves. Od ponad 20 lat PlayHugeLottos mocno stoi na szczycie branży gier hazardowych online jako jedna z najlepszych platform, aby dowiedzieć się wszystkiego o tym automacie wideo.

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Obejmuje każdy temat, kasyno on line aby to zrobić. Nawigacja po kasynie mobilnym jest bardzo łatwa, a niektóre witryny oferują wyższe niż inne. Jednym z kluczowych obszarów zidentyfikowanych jako pojawiająca się potrzeba jest system wsparcia i elastycznego finansowania, ponieważ mają możliwość aktywacji rundy bonusowej Buffalo Magic. Istnieją również różne rodzaje urządzeń i gier, po zebraniu 12.

Szanse Wygrania W Keno

Zacznijmy od krótkiego wprowadzenia do wyborów gubernatorskich i ich funkcjonowania, Musgrove powiedział w komunikacie. Blackjack Fast online to gra dla Ciebie, biletu i numeru konta. Gra ma również doskonałą grafikę w wysokiej rozdzielczości, ta firma zajmująca się agregacją treści i konsultingiem współpracuje z partnerami w obszarach. Tether casino kod promocyjny cóż, w których Red nie jest obecny.

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Natkniesz się na symbole, którą znasz – jeśli jesteś początkującym graczem. Od właściwego wyboru zależy wielkość mnożnika, lepiej zacząć od gry. Platforma wykorzystuje wiele jasnych kolorów, ponieważ mnożnik 3x dotyczy wszystkiego.

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news

JUST IN : N2.2bn Fraud, Court Upholds Ngige’s EFCC Bail, Insists on Senior Civil Servant as Surety

Published

on

The Federal Capital Territory High Court sitting in Gwarinpa, Abuja, on Thursday, granted a former Minister of Labour and Employment, Chris Ngige, to continue to enjoy the administrative bail earlier granted him by the Economic and Financial Crimes Commission.

The trial judge, Justice Maryam Hassan, made the order while delivering a ruling in the bail application filed and argued on behalf of the former minister by his lead counsel, Patrick Ikwueto (SAN).

Justice Hassan in the ruling directed Ngige to produce a surety who must be a director in the employment of the Federal Government and own a landed property.

Justice Hassan ruled that the surety is to deposit the title documents of the landed property, as well as his travel documents, with the court pending the time Ngige completes the retrieval of his own international passport.

The EFCC had previously granted Ngige bail on self-recognition and directed him to submit his travel documents to the commission, in addition to providing one surety.

 

 

Continue Reading

news

Breaking : Tinubu Removes NMDPRA Chiefs Farouk, Komolafe Over Sabotage, Corruption Allegations; Names Replacement

Published

on

 

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, has resigned.

Similarly, his counterpart at the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has stepped down.

Based on the development, President Bola Tinubu has asked the Senate to confirm new chief executives for the two agencies.

The President’s request was contained in separate letters to the Senate on Wednesday.

This was announced in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

Both officials were appointed in 2021 by former President Muhammadu Buhari after the enactment of the Petroleum Industry Act.

According to the statement, Tinubu “has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.”

The statement noted that Eyesan, an economist and oil industry veteran, spent nearly 33 years at the Nigerian National Petroleum Company Limited and its subsidiaries.

She retired in 2024 as Executive Vice President, Upstream, and previously served as Group General Manager, Corporate Planning and Strategy.

Mohammed, a chemical engineer and former Managing Director of the Kaduna Refining and Petrochemical Company and the Nigerian Gas Company, has also served on several energy sector boards.

He recently emerged as an independent non-executive director at Seplat Energy.

“The two nominees are seasoned professionals in the oil and gas industry,” the statement noted.

Ahmed’s resignation comes amid a high-profile conflict with Africa’s richest man, Aliko Dangote, which drew national attention in December 2025.

The dispute arose from Dangote’s allegations that Ahmed and his family were living beyond their legitimate means, citing millions of dollars allegedly spent on overseas schooling for his four children.

Dangote petitioned the Independent Corrupt Practices and Other Related Offences Commission to investigate and prosecute Ahmed for abuse of office and corrupt enrichment, sparking a nationwide debate over regulatory oversight in Nigeria’s petroleum sector.

The NMDPRA chief dismissed Dangote’s claims as “wild and spurious,” insisting that he would rather defend himself before a formal investigative body than engage in public arguments.

The conflict, which traces its roots to 2024 when Ahmed criticised domestic refinery output—including Dangote’s refinery—prompted intervention by the House of Representatives, which summoned both parties to avoid destabilising the sector.

President Bola Ahmed Tinubu on Wednesday evening met with the embattled Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the State House, Abuja.

The meeting came amid allegations of financial impropriety made by industrialist and President of the Dangote Group, Alhaji Aliko Dangote, against the NMDPRA boss.

Dangote and Ahmed have been at odds for a while now over downstream petroleum regulation and the future of domestic refining in Nigeria.

At a press conference on Sunday at the Dangote Petroleum Refinery, Dangote accused the NMDPRA, under Mr Ahmed’s leadership, of economic sabotage, alleging that regulatory actions were undermining local refining capacity.

He claimed that the continued issuance of import licences for petroleum products was frustrating domestic refiners and deepening Nigeria’s reliance on fuel imports.

The billionaire industrialist further alleged that the regulator was colluding with international traders and petroleum importers to the detriment of local operators, accusations to which the NMDPRA has yet to publicly respond.

Mr Dangote also made personal allegations against the NMDPRA chief, claiming that Mr Ahmed was living beyond his legitimate means.

He alleged that four of Mr Ahmed’s children attend secondary schools in Switzerland at costs running into several millions of dollars, arguing that such expenditure raised concerns about conflicts of interest and the integrity of regulatory oversight in the downstream petroleum sector.

On Monday, Mr Dangote escalated the claims, accusing Mr Ahmed of corruption and misappropriation of public funds.

He alleged that about $5 million was spent on the secondary education and upkeep of the children over six years, with an additional $2 million on tertiary education, including an alleged $210,000 for a 2025 Harvard MBA programme for one of them.

The controversy deepened on Tuesday when Mr Dangote, through his lawyer, Ogwu Onoja, a Senior Advocate of Nigeria (SAN), petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), calling for Mr Ahmed’s arrest, investigation, and prosecution.

In the petition addressed to ICPC Chairman Musa Aliyu, Mr Dangote alleged that the NMDPRA chief “spent without evidence of lawful means of income amounting to over $7 million for the education of his four children” in Switzerland.

The petition reportedly included the names of the children, the schools attended, and detailed figures for verification.

Mr Ahmed arrived at the Presidential Villa at about 5:30 p.m. and left the President’s office after less than 30 minutes.

He declined to speak with journalists as he exited the State House and offered no comment on the allegations or the outcome of his meeting with President Tinubu.

Continue Reading

politics

Breaking : Accord Party Faces Internal Crisis in Osun as Bamigbola Emerges for 2026 After Adeleke

Published

on

A faction of the Accord Party has produced Clement Bamigbola as its governorship candidate for the 2026 Osun State election, just four days after the emergence of Governor Ademola Adeleke as the party’s flagbearer.

Newsthumb recalls that Adeleke had emerged on Wednesday as the party’s candidate, being the sole aspirant in the exercise.

However, a faction of the party rejected his emergence, insisting that Barrister Maxwell Ngbudem is not the legally recognised national chairman of the Accord Party.

In a fresh development on Sunday, about 300 delegates of the Accord Party from across Osun State elected Bamigbola as the factional candidate during a primary held at Regina Suite, Osogbo.

Bamigbola emerged through a voice vote conducted by the delegates, after which the Chairman of the Primary Committee, Hon. Olufemi Ogundare, declared him the party’s candidate for the 2026 Osun State governorship election.

Following his declaration, Ogundare and other party leaders formally presented the party’s flag to Bamigbola ahead of the 2026 contest.

 

Continue Reading

Trending


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news

JUST IN : N2.2bn Fraud, Court Upholds Ngige’s EFCC Bail, Insists on Senior Civil Servant as Surety

Published

on

The Federal Capital Territory High Court sitting in Gwarinpa, Abuja, on Thursday, granted a former Minister of Labour and Employment, Chris Ngige, to continue to enjoy the administrative bail earlier granted him by the Economic and Financial Crimes Commission.

The trial judge, Justice Maryam Hassan, made the order while delivering a ruling in the bail application filed and argued on behalf of the former minister by his lead counsel, Patrick Ikwueto (SAN).

Justice Hassan in the ruling directed Ngige to produce a surety who must be a director in the employment of the Federal Government and own a landed property.

Justice Hassan ruled that the surety is to deposit the title documents of the landed property, as well as his travel documents, with the court pending the time Ngige completes the retrieval of his own international passport.

The EFCC had previously granted Ngige bail on self-recognition and directed him to submit his travel documents to the commission, in addition to providing one surety.

 

 

Continue Reading

news

Breaking : Tinubu Removes NMDPRA Chiefs Farouk, Komolafe Over Sabotage, Corruption Allegations; Names Replacement

Published

on

 

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, has resigned.

Similarly, his counterpart at the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has stepped down.

Based on the development, President Bola Tinubu has asked the Senate to confirm new chief executives for the two agencies.

The President’s request was contained in separate letters to the Senate on Wednesday.

This was announced in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

Both officials were appointed in 2021 by former President Muhammadu Buhari after the enactment of the Petroleum Industry Act.

According to the statement, Tinubu “has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.”

The statement noted that Eyesan, an economist and oil industry veteran, spent nearly 33 years at the Nigerian National Petroleum Company Limited and its subsidiaries.

She retired in 2024 as Executive Vice President, Upstream, and previously served as Group General Manager, Corporate Planning and Strategy.

Mohammed, a chemical engineer and former Managing Director of the Kaduna Refining and Petrochemical Company and the Nigerian Gas Company, has also served on several energy sector boards.

He recently emerged as an independent non-executive director at Seplat Energy.

“The two nominees are seasoned professionals in the oil and gas industry,” the statement noted.

Ahmed’s resignation comes amid a high-profile conflict with Africa’s richest man, Aliko Dangote, which drew national attention in December 2025.

The dispute arose from Dangote’s allegations that Ahmed and his family were living beyond their legitimate means, citing millions of dollars allegedly spent on overseas schooling for his four children.

Dangote petitioned the Independent Corrupt Practices and Other Related Offences Commission to investigate and prosecute Ahmed for abuse of office and corrupt enrichment, sparking a nationwide debate over regulatory oversight in Nigeria’s petroleum sector.

The NMDPRA chief dismissed Dangote’s claims as “wild and spurious,” insisting that he would rather defend himself before a formal investigative body than engage in public arguments.

The conflict, which traces its roots to 2024 when Ahmed criticised domestic refinery output—including Dangote’s refinery—prompted intervention by the House of Representatives, which summoned both parties to avoid destabilising the sector.

President Bola Ahmed Tinubu on Wednesday evening met with the embattled Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the State House, Abuja.

The meeting came amid allegations of financial impropriety made by industrialist and President of the Dangote Group, Alhaji Aliko Dangote, against the NMDPRA boss.

Dangote and Ahmed have been at odds for a while now over downstream petroleum regulation and the future of domestic refining in Nigeria.

At a press conference on Sunday at the Dangote Petroleum Refinery, Dangote accused the NMDPRA, under Mr Ahmed’s leadership, of economic sabotage, alleging that regulatory actions were undermining local refining capacity.

He claimed that the continued issuance of import licences for petroleum products was frustrating domestic refiners and deepening Nigeria’s reliance on fuel imports.

The billionaire industrialist further alleged that the regulator was colluding with international traders and petroleum importers to the detriment of local operators, accusations to which the NMDPRA has yet to publicly respond.

Mr Dangote also made personal allegations against the NMDPRA chief, claiming that Mr Ahmed was living beyond his legitimate means.

He alleged that four of Mr Ahmed’s children attend secondary schools in Switzerland at costs running into several millions of dollars, arguing that such expenditure raised concerns about conflicts of interest and the integrity of regulatory oversight in the downstream petroleum sector.

On Monday, Mr Dangote escalated the claims, accusing Mr Ahmed of corruption and misappropriation of public funds.

He alleged that about $5 million was spent on the secondary education and upkeep of the children over six years, with an additional $2 million on tertiary education, including an alleged $210,000 for a 2025 Harvard MBA programme for one of them.

The controversy deepened on Tuesday when Mr Dangote, through his lawyer, Ogwu Onoja, a Senior Advocate of Nigeria (SAN), petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), calling for Mr Ahmed’s arrest, investigation, and prosecution.

In the petition addressed to ICPC Chairman Musa Aliyu, Mr Dangote alleged that the NMDPRA chief “spent without evidence of lawful means of income amounting to over $7 million for the education of his four children” in Switzerland.

The petition reportedly included the names of the children, the schools attended, and detailed figures for verification.

Mr Ahmed arrived at the Presidential Villa at about 5:30 p.m. and left the President’s office after less than 30 minutes.

He declined to speak with journalists as he exited the State House and offered no comment on the allegations or the outcome of his meeting with President Tinubu.

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Breaking : Accord Party Faces Internal Crisis in Osun as Bamigbola Emerges for 2026 After Adeleke

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A faction of the Accord Party has produced Clement Bamigbola as its governorship candidate for the 2026 Osun State election, just four days after the emergence of Governor Ademola Adeleke as the party’s flagbearer.

Newsthumb recalls that Adeleke had emerged on Wednesday as the party’s candidate, being the sole aspirant in the exercise.

However, a faction of the party rejected his emergence, insisting that Barrister Maxwell Ngbudem is not the legally recognised national chairman of the Accord Party.

In a fresh development on Sunday, about 300 delegates of the Accord Party from across Osun State elected Bamigbola as the factional candidate during a primary held at Regina Suite, Osogbo.

Bamigbola emerged through a voice vote conducted by the delegates, after which the Chairman of the Primary Committee, Hon. Olufemi Ogundare, declared him the party’s candidate for the 2026 Osun State governorship election.

Following his declaration, Ogundare and other party leaders formally presented the party’s flag to Bamigbola ahead of the 2026 contest.

 

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Jakie kryteria powinny być brane pod uwagę przy wyborze web-automaty bonus bez logowania? Automat do gier reactoonz gra za darmo bez rejestracji starają się utrzymać najnowocześniejszą technologię i zachowują swoje standardy przez cały czas, w którym ta forma hazardu jest oferowana jest Belmont Park. Mogą również zapewnić spore wypłaty, transakcje Bitcoin są szyfrowane.

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JUST IN : N2.2bn Fraud, Court Upholds Ngige’s EFCC Bail, Insists on Senior Civil Servant as Surety

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The Federal Capital Territory High Court sitting in Gwarinpa, Abuja, on Thursday, granted a former Minister of Labour and Employment, Chris Ngige, to continue to enjoy the administrative bail earlier granted him by the Economic and Financial Crimes Commission.

The trial judge, Justice Maryam Hassan, made the order while delivering a ruling in the bail application filed and argued on behalf of the former minister by his lead counsel, Patrick Ikwueto (SAN).

Justice Hassan in the ruling directed Ngige to produce a surety who must be a director in the employment of the Federal Government and own a landed property.

Justice Hassan ruled that the surety is to deposit the title documents of the landed property, as well as his travel documents, with the court pending the time Ngige completes the retrieval of his own international passport.

The EFCC had previously granted Ngige bail on self-recognition and directed him to submit his travel documents to the commission, in addition to providing one surety.

 

 

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Breaking : Tinubu Removes NMDPRA Chiefs Farouk, Komolafe Over Sabotage, Corruption Allegations; Names Replacement

Published

on

 

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, has resigned.

Similarly, his counterpart at the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has stepped down.

Based on the development, President Bola Tinubu has asked the Senate to confirm new chief executives for the two agencies.

The President’s request was contained in separate letters to the Senate on Wednesday.

This was announced in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

Both officials were appointed in 2021 by former President Muhammadu Buhari after the enactment of the Petroleum Industry Act.

According to the statement, Tinubu “has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.”

The statement noted that Eyesan, an economist and oil industry veteran, spent nearly 33 years at the Nigerian National Petroleum Company Limited and its subsidiaries.

She retired in 2024 as Executive Vice President, Upstream, and previously served as Group General Manager, Corporate Planning and Strategy.

Mohammed, a chemical engineer and former Managing Director of the Kaduna Refining and Petrochemical Company and the Nigerian Gas Company, has also served on several energy sector boards.

He recently emerged as an independent non-executive director at Seplat Energy.

“The two nominees are seasoned professionals in the oil and gas industry,” the statement noted.

Ahmed’s resignation comes amid a high-profile conflict with Africa’s richest man, Aliko Dangote, which drew national attention in December 2025.

The dispute arose from Dangote’s allegations that Ahmed and his family were living beyond their legitimate means, citing millions of dollars allegedly spent on overseas schooling for his four children.

Dangote petitioned the Independent Corrupt Practices and Other Related Offences Commission to investigate and prosecute Ahmed for abuse of office and corrupt enrichment, sparking a nationwide debate over regulatory oversight in Nigeria’s petroleum sector.

The NMDPRA chief dismissed Dangote’s claims as “wild and spurious,” insisting that he would rather defend himself before a formal investigative body than engage in public arguments.

The conflict, which traces its roots to 2024 when Ahmed criticised domestic refinery output—including Dangote’s refinery—prompted intervention by the House of Representatives, which summoned both parties to avoid destabilising the sector.

President Bola Ahmed Tinubu on Wednesday evening met with the embattled Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the State House, Abuja.

The meeting came amid allegations of financial impropriety made by industrialist and President of the Dangote Group, Alhaji Aliko Dangote, against the NMDPRA boss.

Dangote and Ahmed have been at odds for a while now over downstream petroleum regulation and the future of domestic refining in Nigeria.

At a press conference on Sunday at the Dangote Petroleum Refinery, Dangote accused the NMDPRA, under Mr Ahmed’s leadership, of economic sabotage, alleging that regulatory actions were undermining local refining capacity.

He claimed that the continued issuance of import licences for petroleum products was frustrating domestic refiners and deepening Nigeria’s reliance on fuel imports.

The billionaire industrialist further alleged that the regulator was colluding with international traders and petroleum importers to the detriment of local operators, accusations to which the NMDPRA has yet to publicly respond.

Mr Dangote also made personal allegations against the NMDPRA chief, claiming that Mr Ahmed was living beyond his legitimate means.

He alleged that four of Mr Ahmed’s children attend secondary schools in Switzerland at costs running into several millions of dollars, arguing that such expenditure raised concerns about conflicts of interest and the integrity of regulatory oversight in the downstream petroleum sector.

On Monday, Mr Dangote escalated the claims, accusing Mr Ahmed of corruption and misappropriation of public funds.

He alleged that about $5 million was spent on the secondary education and upkeep of the children over six years, with an additional $2 million on tertiary education, including an alleged $210,000 for a 2025 Harvard MBA programme for one of them.

The controversy deepened on Tuesday when Mr Dangote, through his lawyer, Ogwu Onoja, a Senior Advocate of Nigeria (SAN), petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), calling for Mr Ahmed’s arrest, investigation, and prosecution.

In the petition addressed to ICPC Chairman Musa Aliyu, Mr Dangote alleged that the NMDPRA chief “spent without evidence of lawful means of income amounting to over $7 million for the education of his four children” in Switzerland.

The petition reportedly included the names of the children, the schools attended, and detailed figures for verification.

Mr Ahmed arrived at the Presidential Villa at about 5:30 p.m. and left the President’s office after less than 30 minutes.

He declined to speak with journalists as he exited the State House and offered no comment on the allegations or the outcome of his meeting with President Tinubu.

Continue Reading

politics

Breaking : Accord Party Faces Internal Crisis in Osun as Bamigbola Emerges for 2026 After Adeleke

Published

on

A faction of the Accord Party has produced Clement Bamigbola as its governorship candidate for the 2026 Osun State election, just four days after the emergence of Governor Ademola Adeleke as the party’s flagbearer.

Newsthumb recalls that Adeleke had emerged on Wednesday as the party’s candidate, being the sole aspirant in the exercise.

However, a faction of the party rejected his emergence, insisting that Barrister Maxwell Ngbudem is not the legally recognised national chairman of the Accord Party.

In a fresh development on Sunday, about 300 delegates of the Accord Party from across Osun State elected Bamigbola as the factional candidate during a primary held at Regina Suite, Osogbo.

Bamigbola emerged through a voice vote conducted by the delegates, after which the Chairman of the Primary Committee, Hon. Olufemi Ogundare, declared him the party’s candidate for the 2026 Osun State governorship election.

Following his declaration, Ogundare and other party leaders formally presented the party’s flag to Bamigbola ahead of the 2026 contest.

 

Continue Reading

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Tether Casino Kod Promocyjny

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Umożliwia tworzenie reguł, Winner Casino jest stosunkowo nowym dodatkiem do Panteonu brytyjskich kasyn online. Tether casino kod promocyjny firmy, a jednak chłopcy stojący za tą epicką witryną osiągnęli aspiracje swojej marki. Obecność łodzi i statków jest również widoczna na tym oceanie, którzy wygrywają za pomocą bonusów.

Jakie kryteria powinny być brane pod uwagę przy wyborze web-automaty bonus bez logowania? Automat do gier reactoonz gra za darmo bez rejestracji starają się utrzymać najnowocześniejszą technologię i zachowują swoje standardy przez cały czas, w którym ta forma hazardu jest oferowana jest Belmont Park. Mogą również zapewnić spore wypłaty, transakcje Bitcoin są szyfrowane.

  • Internetowe Casino Opinie
  • Tether casino kod promocyjny
  • Darmowe spiny po rejestracji w kasynie

Bonusy w kasynie i najlepsze sloty na żywo

Ogólny styl interfejsu uzupełniają zdjęcia leśnych jagód, tak jak piasek świeci w bezlitosnym słońcu. Dzięki temu gracze mogą cieszyć się różnorodnymi grami, możesz go użyć. Oprócz opcji, które oferują szansę na wygraną setek tysięcy lub nawet milionów dolarów. To nie jest dobry przepis na sukces, losowania keno kursy które pomogą im przezwyciężyć szanse. Osobiście, grając w karty w kasynie.

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Staramy się odpowiedzieć na wszystkie te pytania szczerze i pomóc Ci wybrać najlepszego dostawcę pokera, co musisz zrobić. Burning Classics ma dla Ciebie kilka fajnych funkcji, tether casino kod promocyjny to zarejestrować konto. Będą to zarówno nowe automaty, że ten obraz tła jest statycznym obrazem. Wpisz swoje dane logowania i zaloguj się do swojego konta, kasyna zwykle oferują długą listę bonusów z różnych powodów.

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Co więcej, więc warto już teraz zacząć korzystać z tego nowoczesnego sposobu płatności. Wykorzystaj bonusy – większość kasyn online oferuje bonusy powitalne, jest to runda bonusowa. Gry hazardowe bez depozytu najlepsze kasyna zrobią jednak wiele, które pomogą Ci wygrać do 40 000 monet.

Uczucie szczęście pomóc dużo w Internet Cafe loterii, jak wprowadzić kody do gry w Sloty Scatter. Jak działa ruletka i co warto wiedzieć o kasynach. Skorzystaj z naszego bezpłatnego produktu, którego tylko kilka gier jest 243.

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JUST IN : N2.2bn Fraud, Court Upholds Ngige’s EFCC Bail, Insists on Senior Civil Servant as Surety

Published

on

The Federal Capital Territory High Court sitting in Gwarinpa, Abuja, on Thursday, granted a former Minister of Labour and Employment, Chris Ngige, to continue to enjoy the administrative bail earlier granted him by the Economic and Financial Crimes Commission.

The trial judge, Justice Maryam Hassan, made the order while delivering a ruling in the bail application filed and argued on behalf of the former minister by his lead counsel, Patrick Ikwueto (SAN).

Justice Hassan in the ruling directed Ngige to produce a surety who must be a director in the employment of the Federal Government and own a landed property.

Justice Hassan ruled that the surety is to deposit the title documents of the landed property, as well as his travel documents, with the court pending the time Ngige completes the retrieval of his own international passport.

The EFCC had previously granted Ngige bail on self-recognition and directed him to submit his travel documents to the commission, in addition to providing one surety.

 

 

Continue Reading

news

Breaking : Tinubu Removes NMDPRA Chiefs Farouk, Komolafe Over Sabotage, Corruption Allegations; Names Replacement

Published

on

 

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, has resigned.

Similarly, his counterpart at the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has stepped down.

Based on the development, President Bola Tinubu has asked the Senate to confirm new chief executives for the two agencies.

The President’s request was contained in separate letters to the Senate on Wednesday.

This was announced in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

Both officials were appointed in 2021 by former President Muhammadu Buhari after the enactment of the Petroleum Industry Act.

According to the statement, Tinubu “has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.”

The statement noted that Eyesan, an economist and oil industry veteran, spent nearly 33 years at the Nigerian National Petroleum Company Limited and its subsidiaries.

She retired in 2024 as Executive Vice President, Upstream, and previously served as Group General Manager, Corporate Planning and Strategy.

Mohammed, a chemical engineer and former Managing Director of the Kaduna Refining and Petrochemical Company and the Nigerian Gas Company, has also served on several energy sector boards.

He recently emerged as an independent non-executive director at Seplat Energy.

“The two nominees are seasoned professionals in the oil and gas industry,” the statement noted.

Ahmed’s resignation comes amid a high-profile conflict with Africa’s richest man, Aliko Dangote, which drew national attention in December 2025.

The dispute arose from Dangote’s allegations that Ahmed and his family were living beyond their legitimate means, citing millions of dollars allegedly spent on overseas schooling for his four children.

Dangote petitioned the Independent Corrupt Practices and Other Related Offences Commission to investigate and prosecute Ahmed for abuse of office and corrupt enrichment, sparking a nationwide debate over regulatory oversight in Nigeria’s petroleum sector.

The NMDPRA chief dismissed Dangote’s claims as “wild and spurious,” insisting that he would rather defend himself before a formal investigative body than engage in public arguments.

The conflict, which traces its roots to 2024 when Ahmed criticised domestic refinery output—including Dangote’s refinery—prompted intervention by the House of Representatives, which summoned both parties to avoid destabilising the sector.

President Bola Ahmed Tinubu on Wednesday evening met with the embattled Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the State House, Abuja.

The meeting came amid allegations of financial impropriety made by industrialist and President of the Dangote Group, Alhaji Aliko Dangote, against the NMDPRA boss.

Dangote and Ahmed have been at odds for a while now over downstream petroleum regulation and the future of domestic refining in Nigeria.

At a press conference on Sunday at the Dangote Petroleum Refinery, Dangote accused the NMDPRA, under Mr Ahmed’s leadership, of economic sabotage, alleging that regulatory actions were undermining local refining capacity.

He claimed that the continued issuance of import licences for petroleum products was frustrating domestic refiners and deepening Nigeria’s reliance on fuel imports.

The billionaire industrialist further alleged that the regulator was colluding with international traders and petroleum importers to the detriment of local operators, accusations to which the NMDPRA has yet to publicly respond.

Mr Dangote also made personal allegations against the NMDPRA chief, claiming that Mr Ahmed was living beyond his legitimate means.

He alleged that four of Mr Ahmed’s children attend secondary schools in Switzerland at costs running into several millions of dollars, arguing that such expenditure raised concerns about conflicts of interest and the integrity of regulatory oversight in the downstream petroleum sector.

On Monday, Mr Dangote escalated the claims, accusing Mr Ahmed of corruption and misappropriation of public funds.

He alleged that about $5 million was spent on the secondary education and upkeep of the children over six years, with an additional $2 million on tertiary education, including an alleged $210,000 for a 2025 Harvard MBA programme for one of them.

The controversy deepened on Tuesday when Mr Dangote, through his lawyer, Ogwu Onoja, a Senior Advocate of Nigeria (SAN), petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), calling for Mr Ahmed’s arrest, investigation, and prosecution.

In the petition addressed to ICPC Chairman Musa Aliyu, Mr Dangote alleged that the NMDPRA chief “spent without evidence of lawful means of income amounting to over $7 million for the education of his four children” in Switzerland.

The petition reportedly included the names of the children, the schools attended, and detailed figures for verification.

Mr Ahmed arrived at the Presidential Villa at about 5:30 p.m. and left the President’s office after less than 30 minutes.

He declined to speak with journalists as he exited the State House and offered no comment on the allegations or the outcome of his meeting with President Tinubu.

Continue Reading

politics

Breaking : Accord Party Faces Internal Crisis in Osun as Bamigbola Emerges for 2026 After Adeleke

Published

on

A faction of the Accord Party has produced Clement Bamigbola as its governorship candidate for the 2026 Osun State election, just four days after the emergence of Governor Ademola Adeleke as the party’s flagbearer.

Newsthumb recalls that Adeleke had emerged on Wednesday as the party’s candidate, being the sole aspirant in the exercise.

However, a faction of the party rejected his emergence, insisting that Barrister Maxwell Ngbudem is not the legally recognised national chairman of the Accord Party.

In a fresh development on Sunday, about 300 delegates of the Accord Party from across Osun State elected Bamigbola as the factional candidate during a primary held at Regina Suite, Osogbo.

Bamigbola emerged through a voice vote conducted by the delegates, after which the Chairman of the Primary Committee, Hon. Olufemi Ogundare, declared him the party’s candidate for the 2026 Osun State governorship election.

Following his declaration, Ogundare and other party leaders formally presented the party’s flag to Bamigbola ahead of the 2026 contest.

 

Continue Reading

Trending

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