By LANRE OGUNDIPE
The recent turmoil within Nigeria’s energy regulatory space is not merely a clash between Farouk Ahmed and Aliko Dangote. To view it through the lens of a personal feud is to miss the far-reaching implications for the Nigerian state. This is, in reality, a defining moment for the Presidency—a test of whether the “Renewed Hope” agenda prioritizes the whims of power or the permanence of process.
In the theatre of governance, silence is often read as hesitation, and ambiguity as surrender. As the dust settles on recent resignations and petitions, three vital points emerge that will determine if Nigeria is a serious state or merely a collection of interests.
1. The Peril of Conditional Institutions
The primary risk of the current optics is the message sent to the global investment community. If a regulator can be sidelined or pressured without a concluded, evidence-based investigation, it signals that Nigerian institutions are “conditional.” It suggests they are strong only until they encounter an object of greater political or economic mass. For the Petroleum Industry Act (PIA) to mean anything, the regulator must be shielded from the “leverage” of innuendo and judged solely on the merits of statutory compliance.
2. Process as the Sole Source of Legitimacy
The responsible course for the Presidency is not to mediate a peace treaty between individuals, but to defend the sanctity of the process. This requires:
The absolute transparency of regulatory benchmarks.
The public affirmation of the independence of statutory authorities.
A commitment to allow the ICPC or relevant bodies to conclude their findings without prejudice. Governments that defend the integrity of the process ultimately defend their own legitimacy. To do otherwise is to govern by exception, which is the antithesis of reform.
3. Precedent Over Power
Farouk Ahmed’s defense—anchored in statute and documented facts—represented a rare moment where a state actor invited scrutiny rather than shunning it. The allegations against him, while heavy on public sentiment, must be weighed against the cold requirements of the law. If Nigeria is to build a state where rules outlive personalities, this episode must conclude with the institution of the NMDPRA intact.
The Verdict
This is not a corruption scandal; it is a governance referendum. We are deciding, in real-time, whether we are building a nation of men or a nation of laws.
Integrity, once tested and upheld through the fire of controversy, becomes a precedent. In the history of nation-building, precedent is the only foundation that lasts. Power is fleeting, but the rules we defend today will be the only thing standing when the personalities of the day have moved on.
*Ogundipe is former president of Nigeria and Africa Union of Journalists
READ ALSO:
Tinubu to present 2026 Budget to NASS on Friday
Multiple explosions hit Auchi, police speak
Madam Ayodele Lawal: Family releases burial programme
JUST IN: Farouk Ahmed resigns as Tinubu nominates successor
Driver absconds as truck kills two, injures three in Lagos
Tinubu seeks Senate approval of 2024 Appropriation Repeal, Re-enactment Bill
APC chair, Yilwatda, reaffirms party stability drive as TPI emerges as ideological nerve centre
Thrifto: Nigeria’s digital platform for group savings goes public
BOOK REVIEW: Exploring the power of patience, resilience for ambition
