Court Restrains Abubakar Sulu-Gambari SAN From Acting as Receiver of Neconde Energy

A Federal High Court in Lagos has issued an order restraining Mr. Abubakar Sulu-Gambari SAN from parading himself as the receiver of Neconde Energy Limited, pending further legal determinations.

In a public notice released on Monday, 1 December 2025, Neconde Energy Limited announced that the court had suspended all powers previously claimed by Mr. Sulu-Gambari in relation to the company.

According to the statement, the court’s ruling effectively bars Mr. Sulu-Gambari from “wrongfully and unlawfully representing himself to the public as a receiver” of Neconde. The company emphasized that the legal directive takes immediate effect and invalidates any action he may have taken in that capacity.

Neconde reiterated that Mr. Sulu-Gambari has never possessed any legal authority to act as its receiver or perform any related function.

The firm stated that any actions, decisions, or representations made by him under that title are “invalid and without legal standing.”

The company also issued a stern warning to the general public, cautioning individuals, businesses, and institutions against recognizing or engaging with Mr. Sulu-Gambari on matters relating to the alleged receivership.

Neconde noted that anyone who chooses to deal with him does so “strictly at their own risk,” adding that such acts may constitute “direct contempt of the subsisting Order of the Court.”

The notice further stated that any person or entity found violating the court’s directive by collaborating with or acknowledging Sulu-Gambari’s purported powers would face legal consequences for contempt of court.

Neconde Energy described the notice as necessary to preserve the integrity of the judicial process and protect all parties connected to the matter.

The statement was signed and issued by Neconde Energy Limited on 1 December 2025.