Political activist Comrade Timi Frank has stated that the resignation of Engr. Farouk Ahmed from his role as CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is insufficient. He is demanding immediate action from the nation's anti-corruption agencies.
Resignation Is Just The First Step, Full Probe Needed
Frank, speaking in Abuja on 18 December 2025, welcomed Ahmed's decision to step aside but emphasized that it does not equate to an admission of guilt. "Resignation is not an admission of guilt; it is just the first step. A full investigation, and if needed, arrest and prosecution should follow," he stated.
He called on the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to launch a swift and transparent investigation. This follows serious allegations made by industrialist Alhaji Aliko Dangote against the former oil sector regulator.
Frank expressed deep concern over the agencies' silence more than 72 hours after the allegations became public. He noted that only the ICPC had acknowledged receiving a petition. "If Aliko Dangote cannot get justice in a matter of this nature, then one must ask what hope is left for ordinary Nigerians," Frank argued, warning that public trust in institutions continues to erode.
Gravity of $7 Million Allegations in A Struggling Economy
The activist highlighted the staggering sum involved, reported to be about $7 million, which is roughly estimated at N10 billion. He contrasted this figure with the country's widespread economic challenges.
"This amount is more than enough to fund entire communities, yet Nigeria is constantly on strike over the inability of government to meet relatively small financial demands in the education sector," Frank said.
He posed a critical question regarding how a public servant, with an alleged annual salary of around N50 million, could spend such an enormous amount on the secondary school education of four children. "What example is a public servant setting in a country where millions of parents cannot afford N100,000 in school fees?" he asked. "If public funds are indeed being used to fund personal excesses, then this must concern every Nigerian."
Call for Presidential Intervention and National Accountability
Frank also warned that leaving these allegations unresolved would damage Nigeria's international image and deter investors. "No serious investor will put money in a country where allegations of corruption involving a key regulator are left hanging without resolution," he cautioned.
Noting Engr. Ahmed's expressed willingness to cooperate with investigators, Frank urged the EFCC and ICPC to act without any further delay. "Now that he has stepped aside and indicated willingness to cooperate, there should be no delay. The agencies must act fully, independently and without fear or favour," he insisted.
He further called on President Bola Tinubu to intervene directly if the anti-graft bodies fail to act promptly. "A government that is serious about fighting corruption must show it through action, not prolonged silence," Frank stated.
Concluding his remarks, the activist stressed that Nigerians deserve clarity and will not allow the matter to be swept under the carpet. "This is one case Nigerians will not allow to be buried. Only transparent investigation and prosecution can restore confidence in our institutions and in the fight against corruption," he affirmed.
