iDeemlawfulPresident of the Dangote Group, Alhaji Aliko Dangote, has released additional information concerning the alleged foreign education costs of the children of the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed.
In a personally signed message, Africa’s richest man levelled serious allegations against the NMDPRA chief.
Below is the detailed breakdown of the allegations as released:
Children’s Names and Alleged Secondary Schools in Switzerland (each for approximately 6 years):
- Faisal Farouk: Montreux School
- Farouk Jr.: Aiglon College
- Ashraf Farouk: Institut Le Rosey
- Farhana Farouk: La Garenne International School
Alleged Costs Released:
- Total for secondary education (tuition, upkeep, air tickets, etc.): Over $5 million for four children.
- Additional tertiary education: Approximately $2 million for four children’s university fees (over 4 years).
- Specific for 2025: $210,000 spent on Faisal’s Harvard MBA ($150,000 tuition + $60,000 for upkeep, tickets, and incidentals).
See below:
Recall that Dangote, while addressing journalists at the Dangote Petroleum Refinery in Lekki, Lagos, had earlier demanded a comprehensive investigation and public clarification.
The industrialist stated that Ahmed should appear before the Code of Conduct Tribunal to explain to Nigerians how he allegedly sourced $5 million for his children’s education, accusing him of economic sabotage.
Dangote’s latest action is part of his broader effort to protect his refinery from oil cartels, whom he claims have targeted the facility since operations commenced.
The billionaire businessman has remained outspoken in 2025 as he continues to push back against what he describes as attempts by oil cabals to undermine the refinery’s operations.
