Categories: Business

Dangote–NMDPRA Conflict: House Launches Investigation to Stabilize Petrol Supply

Dangote–NMDPRA Conflict: House Launches Investigation to Stabilize Petrol Supply

The House of Representatives has resolved to investigate the ongoing dispute between Aliko Dangote, chairman of the Dangote Group, and Farouk Ahmed, CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The decision follows the adoption of a motion of urgent public importance during Tuesday’s plenary session.

The motion was moved by Midala Balami, representing Askira Uba/Hawul federal constituency in Borno State, and unanimously adopted after a voice vote presided over by Deputy Speaker Benjamin Kalu.

The dispute escalated after Dangote alleged in a newspaper advertisement that Ahmed spent about $5 million on the secondary education of his four children in Switzerland over six years, including tuition, airfare, and upkeep. The total claimed cost, according to Dangote, amounted to $4.8 million.

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Tensions between the billionaire industrialist and the NMDPRA CEO initially peaked in July 2024, when Ahmed claimed that local refineries, including the Dangote Refinery, produce inferior fuel products compared with imports. Dangote denied the allegations and conducted tests on diesel from his refinery during an oversight visit by federal lawmakers.

Moving the motion, Balami warned that the unresolved feud could threaten domestic petrol supply, fuel pricing stability, and foreign exchange conservation. He emphasized Dangote’s critical role in reducing Nigeria’s dependence on imported fuel.

The House directed the Committees on Petroleum Resources (Midstream and Downstream) to investigate the dispute, engage relevant stakeholders, and propose actionable solutions within four weeks. Committee Chairman Ikenga Ugochinyere said the panel is prepared to address the matter and called for a media “ceasefire” between the parties to prevent further escalation.

The resolution underscores the legislature’s commitment to stabilizing Nigeria’s fuel supply chain, ensuring fair regulation, and mitigating conflicts affecting the energy sector.

Dangote–NMDPRA Conflict: House Launches Investigation to Stabilize Petrol Supply

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