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ICPC Accuses El-Rufai Govt of Diverting N1.37bn Light Rail Project Fund

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The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has discovered N1.37 billion allegedly diverted from funds allocated for Kaduna State’s now-abandoned light rail project.

The money, it was learned, was siphoned into a private account during the administration of former Governor Nasir El-Rufai, who led the state from 2015 to 2023.

The ICPC detailed its findings in an application filed at the Federal High Court in Abuja, seeking the forfeiture of the funds. The commission argued that the alleged diversion deprived Kaduna residents of a vital rail transport system.

According to the ICPC, the fraud stemmed from a purported joint venture agreement signed in October 2016 between the El-Rufai-led administration and Indo Kaduna Mrts JV Nigeria Limited. Payments to the entity began in December 2016, even though the company was not officially incorporated until May 10, 2017.

Between December 2016 and January 2017, the El-Rufai administration approved the payment of N11.1 billion to Mrts JV Nigeria’s account with Sterling Bank. Out of this amount, N1.37 billion was traced to a private account.

On February 14, 2024, the ICPC sought an interim forfeiture order and requested that notices be published in national newspapers, inviting any claimants to show cause why the funds should not be permanently forfeited.

The investigation began after the ICPC received a petition in June 2024 from a lawyer, M. Yahaya, alleging financial misappropriation by officials of the El-Rufai administration. The commission’s probe found that the Kaduna State Government had transferred N11.1 billion in multiple tranches to the joint venture’s account before it was officially registered.

Payments included N890.3 million from the state treasury on December 23, 2016, N2.3 billion on January 10, 2017, and two more tranches of N3 billion and N4.9 billion on January 17, 2017.

On the same day that the final payments were made, Skipper Nigeria Limited, linked to the joint venture, directed Sterling Bank to place the funds in a fixed deposit account. By July 2019, Indo Kaduna Mrts JV Nigeria Limited refunded N10 billion to the Kaduna State Government, leaving a balance of N1.046 billion.

The fixed deposit had also accrued N326.8 million in interest, both of which were allegedly diverted to accounts belonging to GTA Engineering Nigeria Limited, a subsidiary of Skipper Nigeria Limited.

The ICPC claims that the N1.046 billion was labeled as payment for feasibility study, but no such study was conducted. The commission has since recovered both the diverted sum and the accrued interest, totaling N1.37 billion, and is now seeking a court order for its forfeiture.

Former appointees of El-Rufai have denied any wrongdoing, calling the ICPC’s move an abuse of power. They argue that the project was part of a Build, Own, Operate, and Transfer agreement requiring Kaduna State to contribute 15 percent equity, with the rest funded by an Indian loan.

However, the project stalled due to the federal government’s failure to provide a sovereign guarantee. The former officials insist that the joint venture was legally established and challenge critics to present evidence of misconduct.

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Corruption Allegations: NMDPRA Boss Farouk Ahmed Meets Tinubu, Resigns

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The Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has resigned following a meeting with President Bola Tinubu amid corruption allegations.

Tinubu, on Wednesday, summoned Ahmed to the Presidential Villa in Abuja, following allegations of economic sabotage and corruption.

Also caught in the web of resignation was the CEO of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, according to a statement on Wednesday by Bayo Onanuga, special adviser to the president on information and strategy.

Tinubu was said to have nominated successors to the senate for approval.

“Tinubu has asked the Senate to approve the nominations of two new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),” the statement reads.

“The requests followed the resignation of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC.

“Both officials were appointed in 2021 by former President Buhari to lead the two regulatory agencies created by the Petroleum Industry Act (PIA).

“To fill these positions, President Tinubu has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.”

Onanuga said the two nominees are seasoned professionals in the oil and gas industry.

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Alleged Corrupt Practices: Dangote Petitions ICPC Against NMDPRA MD Farouk

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Chairman, Dangote Group, Alhaji Aliko Dangote, has formally submitted a petition to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Ahmed Farouk, over alleged corruption and financial impropriety.

The petition, dated December 16, 2025, was submitted through Dangote’s lawyer, Dr. Ogwu James Onoja, SAN, and received at the office of the ICPC Chairman, Dr. Musa Adamu Aliyu, SAN.

In the petition, Dangote called for the arrest, investigation and prosecution of the NMDPRA boss, alleging that Farouk has been living far above his legitimate means as a public servant.

Dangote specifically accused Ahmed Farouk of allegedly spending over seven million United States dollars on the education of his four children in Switzerland, paid upfront for a six-year period, without any lawful explanation for the source of the funds.

According to the petition, the four children and their respective schools in Switzerland were clearly identified, along with the amounts paid on their behalf, to enable the ICPC verify the allegations.

The industrialist further alleged that Farouk Ahmed had been using his position at the NMDPRA to embezzle and divert public funds for personal gain and private interests, actions which he claimed had recently triggered public protests and widespread criticism of the agency.

Dangote maintained that Ahmed Farouk has spent his adult life working in Nigeria’s public sector, adding that his cumulative earnings over the years could not reasonably account for the alleged seven million dollars reportedly spent on the overseas education of his children.

“It is without doubt that the above facts in relation to abuse of office, breach of the Code of Conduct for public officers, corrupt enrichment and embezzlement constitute gross acts of corruption, for which your Commission is statutorily empowered under Section 19 of the ICPC Act to investigate and prosecute,” the petition stated.

It further noted that under the same section of the ICPC Act, any person found guilty of such offences is liable to imprisonment for a term of five years without an option of fine.

Dangote urged the commission to act decisively, stressing that the ICPC, alongside other anti-graft agencies, is strategically positioned to investigate and prosecute corruption-related offences.

“In view of the foregoing, we call on the Commission under your leadership to investigate the complaint of abuse of office and corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting,” the petition added.

The Dangote Group Chairman also expressed confidence that the matter, being in the public domain, would not be ignored, urging the ICPC to act in the interest of justice and to protect the image of President Bola Ahmed Tinubu’s administration.

Dangote further pledged his readiness to provide additional evidence to substantiate his allegations of corrupt enrichment, abuse of office and impunity against the NMDPRA Managing Director.

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Tinubu Didn’t Win 2023 Election, Will Lose in 2027 – Abaribe

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The lawmaker representing Abia South Senatorial District, Senator Enyinnaya Abaribe, has predicted that it would be impossible for President Bola Tinubu to win second termn in the 2027 presidential election.

Abaribe, who claimed that the President never won the 2023 election, said the level of hardship Nigerians are currently facing has made them more determined to ensure that Tinubu does not return as president after 2027.

Reacting to suggestions that Tinubu has never lost an election, Abaribe, who appeared as a guest on Channels Television’s Politics Today on Monday, said, “I do not think so. Everybody loses elections, and you will see when the time comes. He will lose in 2027 because I know what Nigerians are feeling outside.”

He added: “Tinubu never won the 2023 election, and everybody knows it. But we said fine, he has been declared the winner, no problem. We acknowledge him as president, but we are going to meet him in the field, and I will see how he is going to cobble together what will make him win again.

“It won’t work, because this time everybody will be ready. It will no longer be an announcement at 3am before people wake up in the morning. This time, people are ready; we are ready, and the masses are even more ready.”

The senator, who said the economy has collapsed under Tinubu and that the president has yet to solve the problem of insecurity, wondered where he would get the votes to win in 2027.

On the defection of some opposition leaders to the ruling All Progressives Congress (APC), Abaribe vowed never to join the wave, saying he would be the last person to do so.

He said that rather than strengthening the APC as a party, the defections would deepen internal divisions and fuel leadership tussles.

“If there is anybody who is going to defect to the APC, I think I should be the very, very last one. By the time I defect, it would mean there are no parties left in Nigeria, including the APC,” he said.

“I have a very simple theory about defections. I think it is very good for us in the opposition that these defections are happening. All the APC is doing is absorbing all the problems it is going to face; they are right inside the party now. Ask yourself, in all the states where there are defections, what is going on there now?”

The lawmaker described the APC as a giant with feet of clay, saying the opposition would target its weak points during the election, leading to its collapse.

Abaribe, who reaffirmed his membership of the opposition coalition, said there is a consensus among opposition leaders to unite in order to dislodge the APC from power.

The coalition has adopted the African Democratic Congress (ADC) as the platform for the 2027 elections, but many have claimed the move is a strategy to enthrone Atiku Abubakar and compel all opposition members to support him.

However, Abaribe disagreed, saying the party has yet to release its guidelines and other arrangements ahead of the 2027 elections.

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