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Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessPetrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss (18846 Views)

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Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by God1000(op): 9:33am On Dec 15, 2025
The President of the Dangote Group, Alhaji Aliko Dangote, on Sunday alleged that the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, paid about $5m for the secondary school education of his four children in Switzerland, calling for a full investigation and public explanation.

He said, “I’ve actually had people making complaints about a regulator who has actually put his children in secondary school. And that secondary school education, which is six years, four of them cost Nigeria $5m. I mean, you cannot imagine somebody paying $5m for educating four children.”

“From Sokoto, where he comes from, people are struggling to pay N100,000 for school fees. A lot of children are at home, not going to school, because of N100,000. I cannot understand why somebody who has worked all his life in government, and he has four children whose school fees he has paid $5m for,” he added.
https://punchng.com/dangote-demands-probe-of-nmdpra-boss-alleges-sabotage/?

Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by God1000(op): 9:34am On Dec 15, 2025
This is roughly 7.5 billion naira, Nigeria is finished, EFCC should do the needful abeg
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Walai(m): 10:25am On Dec 15, 2025
Igbo man will say "odiegwu"
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Sunkyboie(m): 10:25am On Dec 15, 2025
Good expose by the richest African man
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Emu4life(m): 10:26am On Dec 15, 2025
When 2 Elephants fight.....I....
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Martartins(m): 10:26am On Dec 15, 2025
The country is a joke ..... 90% of our future have been stolen by corrupt officials
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by MartinCorridon: 10:27am On Dec 15, 2025
I like how Tinubu is quietly dealing with some Northern Oligarchs

If you don't want FG to sleep.. then you wouldn't sleep too

Yes a Dangote monopoly is dangerous but the free for all looting of before is far worse.

This NMPDRA boss will curse Dangote but he is definitely losing his job very soon.

Mouth of Dangote, hand of FG. More public whistleblowing to come.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by keemsleek(m): 10:27am On Dec 15, 2025
Lol he's playing otedola card against farouk. Big up to dangote but competition must stay.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by franugo(m): 10:27am On Dec 15, 2025
Seems dangote is done being the gentleman in this conflict, let's see how far he will go....makes for a good viewing tho shocked
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Focusmind: 10:27am On Dec 15, 2025
Dangote don turn to whistle blower!!! undecided Interesting

Dangote should be given the percentage of the money to be recovered by EFCC from the Farouk guy, based on the whistle blowing act
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Olamideayomide(m): 10:27am On Dec 15, 2025
The more you look into this sector the less you know.

Wishing them all the best jaree.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by FOLYKAZE(m): 10:28am On Dec 15, 2025
Dangote reduced his price to corner the people, their sympathy and every other things to himself. He then systematically attack NMDPRA, choosing the head, Farouk, for his hits. This guy is simply playing a kind of resistance as it is played out in the movie Money Heist. (simply make the established system the villain, give the populace some goodies to earn their sympathy, then direct them to destroy the enemy, the establishment). In this case NMDPRA which gave licence out to importers to scout refined products from Russia is the establishment. The question is that why should Dangote lose sleep if anyone choose to import their productd and sell at lose? Why should Dangote cry if importers chose to import and spill their products all over the sea?

Another question people fail to ask, what magic happened now that made Dangote reduce the price of his product? Has crude oil price in the international market crashed? Did FG waived import duties or the shipping cost suddenly reduced? All along, Dangote is manipulating the market selling exhorbitantly to Nigerians and now that he sees some guys ar going out to bring in fuel which could compete with him, he panicked, rush and reduced price, and now attacking NMDPRA for issuing licence for importation. What he has been doing is profiteering which is a crime.

Nigeria should wise up, the Greek gift and sudden Santa gifting from Dangote is to weed out competition. And the importers are here to stay. If they can get fuel at a reduced price from anywhere, they should be allowed to do it.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by unclejb2(m): 10:28am On Dec 15, 2025
In APC government everything is possible
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by datola: 10:29am On Dec 15, 2025
Dangote has really learnt to fight dirty, the Nigerian way.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by chukslawrence(m): 10:29am On Dec 15, 2025
Switzerland is actually an expensive country, so I believe him..... Corruption self dey fear this country.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Nijaforward: 10:30am On Dec 15, 2025
These leaders especially Apc has finished Nigeria and some fools are still supporting them just because they were giving laptop and 30k monthly they accepted to be slaves and even their generations will continue to be slaves
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Sucolee(m): 10:30am On Dec 15, 2025
And am here struggling 4 200 naira take bike go meet person wey dey owe me 2500 naira...God when,when you go end this world?
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by sundayezege4(m): 10:31am On Dec 15, 2025
Ohh, Nigeria my Nigeria 🥰🥰, imagine Nigeria without the North. We would have been competing with China. From Boko Haram to bandits, herdsmen, kidnapping. E.t.c. God go help us 🙏🙏
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by iwaeda: 10:33am On Dec 15, 2025
Tinubu will not do anything. APC team is a cesspit of corruption. grin grin grin grin grin grin
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Itzlinda(f):
keemsleek:
Lol he's playing otedola card against farouk. Big up to dangote but competition must stay.
These guys at nnpc and other petroleum sector are rich rich bro.

Bala Wunti, former GM in NNPC is balling more than the governor himself. A civil servant, balling more than two times governor.

Na why I de come de fear Those oil guys at NNPC. Dem de still money we cannot imagine.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Segzy19: 10:35am On Dec 15, 2025
Dangote is now playing the game, dirty or clean...
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by autoez: 10:36am On Dec 15, 2025
EFCC over to you. Go and pick up the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, and ask how he paid about $5m for the secondary school education of his four children in Switzerland.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Ebenezer2021(m): 10:37am On Dec 15, 2025
Sucolee:
And am here struggling 4 200 naira take bike go meet person wey dey owe me 2500 naira...God when,when you go end this world?
life no balance my brother
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by tnerro1(m): 10:37am On Dec 15, 2025
We listen, we don’t judge……..Nigeria style
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by AfDapone: 10:39am On Dec 15, 2025
Martartins:
The country is a joke ..... 90% of our future have been stolen by corrupt officials
Including AD himself. The different is that AD is investing the stolen money back into the economy thereby creating jobs that FG can't create.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by oyeb15: 10:39am On Dec 15, 2025
God should answer my prayers o. See money. 1m now,am still struggling to get. Have almost turned apart.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by phemmie06(m): 10:40am On Dec 15, 2025
Where did Alhaji get this news from, but one thing that is sure is that nothing is hidden.

This man should be investigated and this is why I will keep saying this every government official either elected, appointed, staff, should be barred from using Private facilities, they should be forced to use the facilities around their jurisdiction

It will reduce corruption and increase efficiency.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Irony1: 10:41am On Dec 15, 2025
MartinCorridon:
I like how Tinubu is quietly dealing with some Northern Oligarchs

If you don't want FG to sleep.. then you wouldn't sleep too

Yes a Dangote monopoly is dangerous but the free for all looting of before is far worse.

This NMPDRA boss will curse Dangote but he is definitely losing his job very soon.

Mouth of Dangote, hand of FG. More public whistleblowing to come.
Bro there's no connection with Tinubu dealing with northern oligarchs
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Farmsolution: 10:41am On Dec 15, 2025
God1000:
https://punchng.com/dangote-demands-probe-of-nmdpra-boss-alleges-sabotage/?
In all this what I see is that I pity the major marketers who are still siding with the nnpc to compete with dangote. Like any other big investors, all they want is minimum or no competition at all. If care sis not taken , he will still drop the price and he'll will not let loose. The major marketers should just reconsider their ways, set emotions apart and do business with dangote until they are able to build their own refinery or have one they have say on. Till that happens, he won't make una mind touch ground.
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by Hamasblokers1: 10:42am On Dec 15, 2025
God1000:
This is roughly 7.5 billion naira, Nigeria is finished, EFCC should do the needful abeg
So Mr man. U still believe on EFCC
Re: Petrol Price War Turns Dirty As Dangote Attacks NMDPRA Boss by AllBlack: 10:43am On Dec 15, 2025
God1000:
This is roughly 7.5 billion naira, Nigeria is finished, EFCC should do the needful abeg
And he is not even NNPC boss
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