URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    Hamas’ll Pay For The Crime of Killing American Hostage-Biden Threatened
    September 1, 2024
    Choose Lesser Evil-Pope Francis Advice Catholic Voters As US Election Draws Near
    September 14, 2024
    Uploading of IREV Reports Now 86.55% In Edo Guber Election Concern
    September 21, 2024
    Latest News
    Boat Mishap: Northern Governors Condemn Niger Market Attack, Mourn Victims
    January 5, 2026
    You’ve Been Caged- Primate Ayodele Warns Tinubu, Says Trump’s Action, Tilted Towards Removal 
    January 4, 2026
    Dismiss That Thought- ADC Chieftain Tells Uzodimma On his Resolution Delivering S’East To Tinubu 
    January 4, 2026
    Accepting Any Political Party Means they’re willing to give Presidential or VP Ticket-Kwankwaso 
    January 4, 2026
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Dangote Releases Details of $5m Swiss Tuition Allegation Against NMDPRA CEO
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Discover > Dangote Releases Details of $5m Swiss Tuition Allegation Against NMDPRA CEO
DiscoverPolitics

Dangote Releases Details of $5m Swiss Tuition Allegation Against NMDPRA CEO

urbanexpresslive
Last updated: December 16, 2025 11:59 am
urbanexpresslive
Share
3 Min Read
SHARE

Taiwo Popoola

Contents
Aliko Dangote, president of Dangote Refinery and chairman of Dangote Group, has released details of the alleged foreign education tuition allegation against the chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed.In a document circulating publicly on Tuesday and personally signed by Dangote, the billionaire investor, it was stressed that Ahmed spent $5 million on the secondary and tertiary education of his four children abroad, particularly in Switzerland and the United States.This comes barely 24 hours after Dangote called for the probe of Ahmed for allegedly living above his income.According to the now viral document, Dangote alleged that Ahmed’s children are said to have attended some of the world’s most expensive schools, including Montreux School, Aiglon College, Institut Le Rosey, and La Garenne International School, each reportedly spending about six years at their respective institutions.The breakdown provided in the document estimates annual tuition, upkeep, air travel, and living expenses at about $200,000 per child, amounting to $800,000 annually for four children. Accordingly, over six years, the total cost was estimated at $4.8 million, with the overall secondary education expenses put at approximately $5 million.Dangote’s document further alleged that one of Ahmed’s children, identified as Faisal Farouk, recently completed an MBA program at Harvard University, with tuition reportedly costing $150,000, alongside an additional $60,000 for upkeep and other expenses, bringing the total to about $210,000 in 2025.As of the time of filing this report, Engr. Farouk Ahmed has not publicly responded to the allegations, and no official statement has been issued by the NMDPRA. However, earlier, when the claim surfaced months ago, the regulator had dismissed it as false.coalition of civil society organisations under Lawyers in Defence of Good Governance, who first made the allegation against Ahmed, had retracted their claim, describing it as misinformation.The House Committee on Petroleum Resources and Downstream had earlier called for both Dangote and Ahmed to cease further public attacks.

Aliko Dangote, president of Dangote Refinery and chairman of Dangote Group, has released details of the alleged foreign education tuition allegation against the chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed.

In a document circulating publicly on Tuesday and personally signed by Dangote, the billionaire investor, it was stressed that Ahmed spent $5 million on the secondary and tertiary education of his four children abroad, particularly in Switzerland and the United States.

This comes barely 24 hours after Dangote called for the probe of Ahmed for allegedly living above his income.

According to the now viral document, Dangote alleged that Ahmed’s children are said to have attended some of the world’s most expensive schools, including Montreux School, Aiglon College, Institut Le Rosey, and La Garenne International School, each reportedly spending about six years at their respective institutions.

The breakdown provided in the document estimates annual tuition, upkeep, air travel, and living expenses at about $200,000 per child, amounting to $800,000 annually for four children. Accordingly, over six years, the total cost was estimated at $4.8 million, with the overall secondary education expenses put at approximately $5 million.

Dangote’s document further alleged that one of Ahmed’s children, identified as Faisal Farouk, recently completed an MBA program at Harvard University, with tuition reportedly costing $150,000, alongside an additional $60,000 for upkeep and other expenses, bringing the total to about $210,000 in 2025.

As of the time of filing this report, Engr. Farouk Ahmed has not publicly responded to the allegations, and no official statement has been issued by the NMDPRA. However, earlier, when the claim surfaced months ago, the regulator had dismissed it as false.

coalition of civil society organisations under Lawyers in Defence of Good Governance, who first made the allegation against Ahmed, had retracted their claim, describing it as misinformation.

The House Committee on Petroleum Resources and Downstream had earlier called for both Dangote and Ahmed to cease further public attacks.

You Might Also Like

If Guilty, Tinubu  Should Be Impeached; PRP Says Tax Law Controversy Remains Unforgivable Breach of Trust 

Alleged Fraud, EFCC Move to Dock Ex-AGF Malami At Federal High Court

 How Russian Missile Attacked, Wounded 88 In Ukraine

Death of Loved Ones-What Davido Says About Aftermath Pains Losing Them

Atiku Replies Bode George, Says He’s Not Preoccupied With 2027 Presidency

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article How Buhari’s Aides Forged His Directives To Impose Ahmed Lawan As APC Presidential Candidate-Biography
Next Article Breaking: Fifteen More Countries, Including Nigeria, Added to Trump Travel Restrictions
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

How Bandits Attack Katsina Community, Abduct More than 20 Inhabitants
Crime Lence Crime Reports January 5, 2026
Death Toll in Yobe Boat Mishap Rises to 29, More Bodies Recovered, Eight Missing
Uncategorized January 5, 2026
Boat Mishap: Northern Governors Condemn Niger Market Attack, Mourn Victims
Discover Politics January 5, 2026
EPL: Winning Anything Remains Impossible-Neville Kicks Against Chelsea’s Choice of Next Manager
Urban Sports January 5, 2026
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account