Aliko Dangote, president and chief executive of Dangote Industries Limited, has called for the investigation and prosecution of Farouk Ahmed, chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), accusing the regulatory head of economic sabotage that threatens to undermine Nigeria’s domestic refining capacity.
Speaking at a press conference held at the Dangote Petroleum Refinery on Sunday, the billionaire industrialist launched a scathing attack on the regulatory authority’s leadership, alleging systematic collusion between NMDPRA officials and international traders designed to frustrate local refining operations through the continued issuance of import licences for petroleum products.