Farouk Ahmed, chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA, resigned days after Africas richest man, Aliko Dangote, demanded a full investigation into reports that Ahmed paid roughly 5 million for his four childrens secondary education in Switzerland.
The resignation follows a meeting between Ahmed and President Bola Tinubu at the Presidential Villa in Abuja on Wednesday. Tinubu has since requested the Senate approve two new appointments to lead Nigerias petroleum regulatory agencies, signaling a swift effort to restore confidence in the sector.
NUPRC, NMDPRA chiefs resign Tinubu names oil veterans