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Nigeria Oil Regulator Chief Resigns After Dangote Alleges $5m Corruption Scandal

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Aliko Dangote. Insert: Farouk Ahmed

Nigeria’s oil and gas regulatory landscape has been jolted by the resignation of Farouk Ahmed, Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

His resignation follows explosive corruption allegations by Africa’s richest man, Aliko Dangote.

President Bola Ahmed Tinubu has formally informed the Nigerian Senate of Ahmed’s resignation and has nominated a replacement, signalling swift executive action as public scrutiny intensifies over governance in Africa’s largest oil-producing nation.

The resignation comes just days after Dangote publicly accused the former regulator of living far beyond his lawful means as a public official—claims that have sparked fierce debate in Nigeria and drawn international attention to the country’s energy sector.

Allegations That Rocked the Regulator

According to reports by Business Insider Africa, Dangote alleged during a public briefing in Lagos on December 14 that Ahmed was paying approximately $5 million in school fees for his children at a Swiss institution—an amount widely viewed as inconsistent with public-sector earnings in Nigeria.

Dangote has since filed a formal petition with Nigeria’s Independent Corrupt Practices and Other Related Offences Commission (ICPC), escalating the matter beyond public rhetoric into a legal and institutional test of accountability.

Beyond personal enrichment claims, the billionaire industrialist accused Ahmed of economic sabotage, alleging that regulatory decisions under his leadership favoured fuel importers while undermining local refining efforts—particularly the newly commissioned $20 billion Dangote Refinery, a project central to Nigeria’s ambition to end decades of fuel import dependence.

Ahmed has not publicly responded to the allegations.

Tinubu Moves Quickly to Reassert Control

In a statement issued by presidential spokesperson Bayo Onanuga, President Tinubu nominated Saidu Aliyu Mohammed, a veteran oil and gas executive, as the new CEO of the NMDPRA, urging the Senate to approve the appointment without delay.

Mohammed is a chemical engineering graduate of Ahmadu Bello University, Zaria, and has previously served as Managing Director of the Kaduna Refining and Petrochemical Company and the Nigerian Gas Company. He has also chaired several energy-sector boards and was recently appointed an independent non-executive director at Seplat Energy, one of Nigeria’s largest listed oil producers.

Wider Shake-Up in Nigeria’s Energy Oversight

The changes extend beyond the downstream sector. Tinubu has also requested Senate confirmation of Oritsemeyiwa Amanorisewo Eyesan as Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), following the resignation of its former head, Gbenga Komolafe.

Eyesan, an economics graduate of the University of Benin, spent nearly 33 years at the Nigerian National Petroleum Corporation (NNPC) and its subsidiaries, retiring as Executive Vice President for Upstream operations after holding senior roles in strategy, asset management and corporate planning.

Both outgoing regulators were appointed in 2021 by former President Muhammadu Buhari under the Petroleum Industry Act (PIA)—a landmark reform law aimed at modernising Nigeria’s oil governance, improving transparency and attracting foreign investment.

Implications Beyond Nigeria

For observers across West Africa, including Ghana, the episode highlights familiar tensions in resource governance: the clash between reform ambitions and entrenched institutional weaknesses.

Nigeria’s oil sector accounts for the bulk of its foreign exchange earnings, making credibility, regulatory integrity and investor confidence critical not just domestically, but for the wider African energy market.

For global investors and policymakers, the unfolding scandal underscores both the promise and fragility of Nigeria’s reform agenda. Much now depends on how authorities handle Dangote’s allegations and whether investigations lead to accountability—or deepen scepticism.

As the Senate considers the nominations, attention remains fixed on Abuja, where the response to this crisis may shape the future of Nigeria’s energy sector—and Africa’s most consequential refinery project—for years to come.

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Young Self-Taught Black Inventor Julian Brown Develops Revolutionary Plastic-to-Fuel Technology

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Atlanta, USA – A young Black inventor from Atlanta, Julian Brown, has stunned the scientific community and gone viral worldwide after developing a backyard process that converts everyday plastic waste into usable diesel, gasoline, and jet fuel.

Born in Tennessee and raised in Atlanta, Brown — a self-taught welder with no formal degree or laboratory — created a system called “Plastoline.”

Using an upgraded form of pyrolysis (a thermal decomposition process), enhanced with microwaves and solar energy for cleaner conversion, he built a small reactor capable of turning discarded plastics back into high-quality fuel.

Independent tests reportedly confirmed that the diesel and gasoline produced are among the most refined seen, and he has successfully powered vehicles with the fuel in live demonstrations.

Brown launched a startup called Nature Jab and began sharing his experiments on Instagram and TikTok, where the videos quickly gained millions of views globally. Despite suffering second-degree burns in a reactor explosion, he refused to abandon the project.

He attempted to raise $1 million to scale the technology but secured only tens of thousands of dollars. In July 2025, he posted that he was under attack before temporarily vanishing from public view.

He has since re-emerged, with supporters calling for his protection and greater investment in his work.

The innovation has sparked particular excitement across Africa, where plastic waste accumulates in massive quantities in landfills and communities.

Experts say Brown’s technology could offer a practical solution for turning waste into energy, addressing both environmental pollution and fuel shortages on the continent.

Commentators have criticised the lack of substantial support from investors and the broader community, questioning why a breakthrough with such transformative potential, especially from a young Black inventor, has not received wider backing.

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MTN Signals Major Data Center Investment Plans in Ghana

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Accra, Ghana – MTN Group is exploring significant investments in data centers in Ghana as Part of its digital push.

The telecoms giant says the move is a natural extension of its broader digital infrastructure strategy in one of its most important African markets.

Group Chief Executive Officer Ralph Mupita made the announcement during a strategic visit to Ghana at the beginning of 2026. He said the company is keen to partner with both public and private stakeholders to develop large-scale data centers that would enhance cloud computing, data storage, and digital service capabilities across the country.

Mupita stated that such facilities are critical to supporting Ghana’s long-term digital transformation and economic growth.

He acknowledged, however, that establishing world-class data centers would require addressing key infrastructure challenges, particularly reliable power supply, suitable land, and advanced cooling systems. MTN is therefore considering collaborative models to ensure projects meet both commercial viability and sustainability standards.

During his engagements, Mupita held discussions with MTN Ghana’s leadership, regulators, and senior government officials, including the Bank of Ghana, the Ghana Investment Promotion Centre, and Minister for Communications, Digital Technology and Innovations, Sam George.

He described Ghana as a priority market that “feels like home” and reaffirmed the Group’s commitment to deepening investments in digital infrastructure and financial inclusion.

On the fintech front, Mupita highlighted plans to expand mobile money services while working closely with the central bank to strengthen fraud prevention through artificial intelligence.

The visit underscored MTN’s ambition to remain a key partner in Ghana’s digital economy, driving innovation, job creation, and inclusive growth.

MTN Ghana (Scancom PLC) is the dominant telecommunications market leader in Ghana and has been recognized as a top-performing operation within the MTN Group. The company is actively shifting from a traditional telco to a technology platform company, with a focus on fintech (Mobile Money) and digital inclusion.

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New Cashew Processing Plant and Fertilizer Facility to be Set Up in Ghana

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Accra, Ghana – Ghana’s Ministry of Food and Agriculture has signed three Memoranda of Understanding with Chinese firm SENTUO Group Limited to drive agro-industrial growth through major new investments in processing, fertiliser production, and farmer support services.

The agreements, signed in Accra on Tuesday, include the establishment of a cashew processing plant at Sampa in the Bono Region and a fertiliser manufacturing facility. SENTUO will also roll out 30 Farmer Service Centres nationwide to improve access to quality inputs, mechanisation services, and technical support for farmers.

The projects are expected to create significant employment opportunities, particularly for young people, while enhancing value addition and reducing Ghana’s reliance on raw commodity exports.

Minister for Food and Agriculture Eric Opoku described the partnership as a major step toward the government’s Agriculture for Economic Transformation Agenda.

“We are ready to industrialise Ghana’s agriculture,” he said, adding that the cashew plant will process both nuts and apples to maximise returns across the entire value chain.

He emphasised the need to move from exporting raw produce to building a vibrant, value-driven agro-industrial economy.

The Chairman of SENTUO Group Limited, Xu Mingjuan, said the company’s nearly 20 years of operation in Ghana and the current government’s 24-hour economy policy had encouraged further investment. He confirmed that engineers have already started preliminary work on the projects.

The deals signal growing Chinese interest in Ghana’s agricultural transformation and are expected to strengthen food security, boost exports, and create sustainable jobs across the value chain.

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