Nigeria’s public
- Dangote Drops Bombshell, Otedola Fans the Flames: $5M Swiss School Fees Stir National Outrage Elite Clash in Nigeria’s Oil Sector: Dangote’s Accusation, Otedola’s Reaction, and a $5M Question
space is buzzing following a fresh controversy involving Africa’s richest man, Aliko Dangote, energy regulator Farouk Ahmed, and billionaire investor Femi Otedola.
Dangote, speaking in a report aired by Channels Television, questioned how the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) could allegedly afford $5 million in secondary school fees to educate his four children in Switzerland. Dangote contrasted this with his own decision to have his children complete their secondary education in Nigeria.
“I don’t know why a public official would spend such an amount on secondary education abroad,” Dangote stated, calling for scrutiny.
Reacting swiftly, Femi Otedola took to his official X (formerly Twitter) handle, amplifying the concern and asking whether the NMDPRA boss was “living large on taxpayers’ money.” Otedola revealed that Dangote has formally urged the Federal Government to investigate and, if necessary, prosecute.
As the allegation continues to trend, Nigerians are demanding transparency, accountability, and clear answers—raising once again the age-long question:
Can public service truly coexist with private luxury?
- Living Large on Public Funds? Dangote vs NMDPRA CEO as Otedola Demands Answers From Nigerian Classrooms to Swiss Luxury: $5M School Fees Claim Sparks High-Profile Showdown”
💬 What do you think—legitimate earnings or a red flag?

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