Dangote Releases Fresh Evidence on Alleged $7m Foreign School Fees of NMDPRA Boss’ Children

• Aliko Dangote has released new details alleging that over $7 million was spent on the foreign education of NMDPRA CEO Farouk Ahmed’s children, intensifying calls for an official investigation.

The President of Dangote Group, Alhaji Aliko Dangote, has released fresh details on the alleged foreign education expenses of the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed’s children.

In a message personally signed by him, Africa’s richest man made fresh and damning allegations against the NMDPRA boss, further intensifying the controversy surrounding the regulator.

Breakdown of the allegations is as follows:

Children’s names and alleged secondary schools in Switzerland
(Each attended for approximately six years)

• Faisal Farouk: Montreux School
• Farouk Jr.: Aiglon College
• Ashraf Farouk: Institut Le Rosey
• Farhana Farouk: La Garenne International School

Alleged costs released:

• Secondary education (tuition, upkeep, air tickets, and other expenses): Over $5 million for the four children
• Tertiary education: Approximately $2 million for university fees for the four children over four years
• Specific to 2025: $210,000 allegedly spent on Faisal Farouk’s Harvard MBA, comprising $150,000 tuition and $60,000 for upkeep, travel, and incidentals

Recall that Dangote, during a press briefing at the Dangote Petroleum Refinery in Lekki, Lagos, had earlier called for a full investigation and a public explanation over the source of the funds.

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The businessman insisted that Farouk Ahmed must appear before the Code of Conduct Tribunal to explain to Nigerians how he allegedly raised over $5 million to pay his children’s school fees, accusing him of economic sabotage.

Dangote’s latest disclosure is part of his broader effort to protect his refinery, which he claims has faced sustained pressure from oil cartels since operations began. The billionaire has remained publicly assertive in 2025 as he battles what he describes as attempts by powerful interests to undermine the refinery.