-
House of Reps committee intervenes in Dangote-NMDPRA dispute to preserve downstream sector stability.
-
Dangote accused NMDPRA CEO Farouk Ahmed of economic sabotage and paying $5m tuition for his children.
-
Committee summons both parties, urges media silence pending legislative resolution.
The House of Representatives Committee on Petroleum Resources (Downstream) has called on Aliko Dangote and the NMDPRA CEO, Farouk Ahmed, to suspend public attacks amid a growing feud threatening the stability of Nigeria’s downstream petroleum sector.
READ ALSO: Reps Propose Six-Year Single Term for CBN Governor, Ban Foreign Currency in Domestic Transactions
The dispute escalated after Dangote alleged economic sabotage by Ahmed and claimed he paid $5 million in tuition fees for his children. In response, the committee summoned both parties for an emergency session to understand the root causes and mediate a lasting solution.
ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!
Chairman Ikenga Ugochinyere stressed that the National Assembly could only broker effective resolutions after fully examining critical industry issues, including import licences and the capacity of local refineries to meet national demand.
“We urge both parties to cease all media commentary while the committee intervenes. Continued public exchanges could worsen the situation,” Ugochinyere said.
The committee assured that all matters, including petitions on the downstream sector, will be thoroughly reviewed during the engagement, promising resolutions that safeguard sector stability and national interest.
