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ICPC PETITION SAGA: Finally Aliko Dangote Withdraws Petition Against Former NMDPRA Boss

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has vowed to continue its investigation of the immediate past Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed.....TAP TO CONTINUE READING

Naija News reports that this is despite the withdrawal of the original petition by billionaire businessman Aliko Dangote.

The commission confirmed that it received a formal letter dated January 5, 2026, from Dr O.J. Onoja, SAN & Associates, acting on behalf of Dangote, withdrawing the petition earlier filed on December 16, 2025.

The withdrawal letter stated that the petition against Ahmed was withdrawn in its entirety, noting that another law enforcement agency had taken over the matter.

However, the ICPC stressed that the withdrawal would not halt its investigation.

In a statement, the commission said: “The letter from O.J. Onoja, SAN, states that the petitioner has withdrawn the petition dated 16th December, 2025, submitted against Engineer Farouk Ahmed, the immediate past ACE/CEO of the NMDPRA, in its entirety and that another law enforcement agency has taken over.

“The ICPC wishes to state categorically that in line with the provisions of Sections 3(14) and 27(3) of its enabling Act, investigations in the interest of the Nigerian people and the Nigerian state have already commenced and are presently ongoing.

“The ICPC will therefore continue to investigate this matter in line with its statutory mandate and in the interest of transparency, accountability and the fight against corruption for the benefit of Nigeria.”

The petition arose from a high-profile dispute in late 2025 between Dangote and Ahmed, during the latter’s tenure at the NMDPRA.

The dispute followed repeated clashes between Dangote’s refinery and petroleum regulators over importation policies, pricing and market dominance.

Dangote accused Ahmed of corrupt enrichment, alleging that the former regulator spent more than $5 million on his children’s school fees at exclusive Swiss institutions, expenditures he claimed were inconsistent with a public servant’s legitimate income.

The allegations escalated into a major public scandal and were followed by Ahmed’s resignation in December 2025, alongside the head of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

Subsequently, Bola Ahmed Tinubu nominated a replacement for the leadership of the NMDPRA.

Dangote’s initial petition to the ICPC had called for Ahmed’s arrest, investigation and prosecution for alleged abuse of office, corruption and living beyond his means.

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BREAKING NEWS: Man calls soldier on his brother who acts feminine and insists on being called Abigail

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A man called a Nigerian soldier to discipline his brother who acts feminine.....TAP TO CONTINUE READING

The brother who called the soldier took to X to complain about his brother’s behaviour which resulted in him involving a soldier.

He shared a photo of a uniformed man confronting his cross-dressing brother and wrote: “My younger brother has been acting feminine and insisting that everyone should be calling him Abigail. I’ve warned him multiple times to stop, but he refuses to listen. At this point, I feel like i have no choice but to bring in soldiers to discipline him for me”

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Police Recover Suspected Unexploded Military Ordnance Device In Niger State (Photos)

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The Niger State Police Command has recovered a suspected military unexploded ordnance found in Mashegu Local Government Area.....TAP TO CONTINUE READING

The spokesperson of the command, SP Wasiu Abiodun, who disclosed this in a statement on Tuesday, January 6, said that the recovery followed a report received on Monday from the divisional police officer, Ibbi Division, Mashegu.

According to the PPRO, some residents of the community had sighted an object suspected to be a missile in a forest within the area.

The PPRO said that the police division’s operatives promptly moved to the scene and cordoned off the area to ensure the safety of residents

“Following the report received from DPO Ibbi Division Mashegu LGA on 5th January, 2026 at about 2pm, which indicated that some locals in Zugurma community in Mashegu LGA sighted an object suspected to be a missile in the forest. The Police operatives of the Division moved to the scene and cordoned the area for safety,” the statement read.

“Consequently, the Commissioner of Police, Niger State Command CP Adamu Abdullahi Elleman, mnips directed the EOD-CBRN unit of the Command to the scene, and on 6th January, 2026 at about 6am, the EOD team led by CSP Mohammed Mamun mobilised to the location, where the Police operatives of the Division and the community members led the team to the scene.

“The EOD team rendered the device safe and recovered it to custody, before its onward movement to the State Police Headquarters, Minna. The device was identified as UXO missile or military unexploded ordinance which its source is yet unknown.

“Meanwhile, further investigation is ongoing and other developments will be made public.

“The Commissioner of Police, Niger State Command urged members of the public to remain calm as all security agencies are working assiduously and making efforts to ensure that normalcy is restored in the identified areas of concern.”

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BREAKING NEWS: 14 Nigerian banks yet to meet CBN’s recapitalization deadline [FULL LIST]

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With barely eleven weeks to the Central Bank of Nigeria’s (CBN) recapitalisation deadline, fourteen banks are yet to meet the requirement.....TAP TO CONTINUE READING

This comes as DAILY POST reports that 19 Nigerian banks had met the apex bank’s recapitalisation requirements as of January 6, 2025.

The banks that have complied with the CBN’s minimum capital benchmark include Access Bank, Fidelity Bank, First Bank, GTBank (GTCO), UBA, Zenith Bank, and twelve others.

However, as of the time of filing this report, fourteen Nigerian banks are yet to comply.

The banks that have not met the apex bank’s recapitalisation requirement include First City Monument Bank (FCMB), Unity Bank, Keystone Bank, Union Bank (Titan), Taj Bank, Standard Chartered Bank, Parallex Bank, and SunTrust Bank.

Others are FBH Merchant Bank, Rand Merchant Bank, Coronation Merchant Bank, Alternative Bank, and other non-interest banks.

Meanwhile, financial experts have predicted possible mergers and acquisitions ahead of the March 31 deadline.

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