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S’Court Upholds Ex-BPE Chief’s Jail Term

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In a landmark decision, the Supreme Court has upheld the contempt conviction of Alex Okoh, former Director General of the Bureau of Public Enterprises (BPE).

The judgment, delivered on Friday, solidified Okoh’s one-month imprisonment, highlighting compelling evidence of BPE and Okoh flouting a prior court order.

This order explicitly prohibited the sale of the Aluminium Smelter Company of Nigeria (ALSCON) Ltd to any entity other than the BFI Group Corporation, the rightful winner of the 2004 bid.

Tijjani Abubakar, delivering the lead verdict, expressed strong criticism for BPE and Okoh’s blatant disregard of the court’s directive.

In scrutinizing the appeal arguments, the judge dismissed BPE’s claim that Alex Okoh was not personally served court papers (Forms 48 and 49) pertaining to the contempt proceedings.

Forms 48 and 49 are crucial in contempt cases. Judge Abubakar asserted that serving the documents on the BPE Secretary was a valid service to Mr Okoh.

He criticized BPE’s actions of re-offering ALSCON for sale post the Supreme Court ruling as a blatant contemptuous act, emphasizing a flagrant disregard for the court’s authority.

According to Mr Abubakar, BPE’s invitation for fresh bids after the court’s order “leaves no one in doubt that the appellants indeed flouted the order of the court as handed down in SC/12/2008, particularly the third leg of the order, which perpetually restrained the first appellant (BPE), servants, agents, privies, management or howsoever called from negotiating the sale, selling, transferring or otherwise handing over ALSCON to any other person or persons, in violation of the contract between the BPE and the BFI Group.”

The appellant’s lawyer, Chris Uche, a Senior Advocate of Nigeria (SAN) had argued that his client did not violate the court order.

However, Mr. Abubakar dismissed Uche’s assertion, emphasizing that court orders are meant to be adhered to.

He stated that it is not within the appellant’s right to claim compliance when the court records clearly show their utter disregard for the order.

Abubakar condemned the appellants’ actions as a blatant display of disrespect, deeming it scandalous and shameful.

“It is disgraceful that an agency of government decided to hold the economy of the country hostage. Agencies of government must respect the rules. Nobody in this country is above the law.

“Both the government and the governed are subject to the rule of law.

“The appellants are not at liberty to choose which of the orders of this court to obey and which one to ignore.

“I must say the conduct of the appellants in this case offends the majesty of the law and undermines the dignity of the court.

By acting in defiance of the order of perpetual injunction handed down by this court, the stage was obviously set for the second appellant’s (Okoh’s) committal to prison,” the judge said.

Mr. Abubakar declared the appeal as lacking merit before dismissing it. Consequently, he upheld the Court of Appeal’s January 2022 decision affirming Mr. Okoh’s contempt conviction.

The court also maintained the imposition of a N10 million cost against the appellants in favor of the respondent, BFI Group.

Mr. Abubakar ordered that the N10 million cost be personally paid by Mr. Okoh, further specifying that this payment is in addition to his imprisonment for contempt.

Recall that in 2004, the Bureau of Public Enterprises (BPE) initiated the privatization of ALSCON through an expression of interest advertisement.

Following the bidding process, BFI Group Corporation emerged as the preferred bidder. BPE communicated this decision to BFI Group through a letter dated June 17, 2006, requesting a 10% payment of the bid price within 15 days.

However, BFI Group contested the 15-day payment deadline, arguing that the terms of the May 2004 memorandum of understanding between the parties stipulated that the preferred bidder should pay 10% of the accepted bid price within 15 days from the execution date of the Share Purchase Agreement (SPA).

Following BFI Group’s failure to meet the 15-day payment deadline, the Bureau of Public Enterprises (BPE) terminated the contract and subsequently re-offered ALSCON for sale. In response, determined to challenge BPE’s contract termination, BFI Group filed a lawsuit.

The Supreme Court, in a 2012 judgment, ruled in favor of BFI Group, affirming the existence of a valid contract of sale between BPE and BFI Group regarding ALSCON.

The court issued a restraining order, prohibiting BPE and its agents from further offering ALSCON for sale to any other individual or entity outside of BFI Group.

In pursuit of executing the Supreme Court judgment, BFI Group initiated a judgment enforcement suit before the Federal High Court in Abuja.

On September 30, 2014, the Federal High Court issued an enforcement order, which faced objection and appeal from BPE.

The appellate court modified the enforcement order but maintained the directive to enforce the Supreme Court judgment. It instructed BPE to furnish the mutually agreed Share Purchase Agreement (SPA) for execution.

However, disagreements arose between BPE and BFI Group regarding the execution of the SPA, with BPE objecting to certain documents annexed to the agreement.

Following the disagreement, BFI Group initiated contempt proceedings against BPE and Mr. Okoh at the Federal High Court in Abuja.

In December 2019, the court found both guilty of contempt and sentenced Mr. Okoh to one month of imprisonment until he purged himself of the contempt.

Challenging this decision, Mr. Okoh and BPE appealed to the Supreme Court.

The verdict delivered on Friday affirmed the conviction and upheld the sentence imposed by the Federal High Court.

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Minister Orders Security Operatives to Wade into Souring LPG Prices

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Prompted by the sharp hike in the price of cooking gas also called Liquefied Petroleum Gas (LPG), the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has directed operatives of the Department of State Services (DSS), Police, Nigeria Security and Civil Defence Corps (NSCDC) and other paramilitary to decisively deal with those undermining the sector.

Ekpo, yesterday at a meeting with stakeholders on the rising prices of LPG, specifically directed the phalanx of the security team to apprehend hoarders and stop illegal storage diversion across Nigeria.

According to him, the government would not sit back and allow market forces to thwart its efforts in ensuring availability and affordability of LPG.

“I have directed the NMDPRA to intensify monitoring, engage operators, and work with security agencies to discourage hoarding, eliminate artificial scarcity, and strengthen distribution and pricing transparency.

“Improved supply must be matched by efficient distribution and responsible conduct. Bottlenecks, hoarding, speculative storage, allocation inefficiencies, logistics constraints, and pricing distortions must not undermine public confidence,” he said.

He reassured Nigerians that there is no cause for panic, as the government remains committed to adequate domestic gas supply and to the Decade of Gas Initiative as a pathway for cleaner cooking, industrial growth, and energy security,” stated.

Deputy President of Nigerian Association of LPG Marketers (NALPGAM), Ude Godwin, in his presentation, recalled how the body approached the Minister, the NMDPRA over the escalating price of gas in Nigeria and today’s meeting presented opportunities to enable the stakeholders to address the crisis.

Godwin explained that Since late 2025 into mid-2026: Nigerians have faced repeated LPG scarcity and consequential sharp price hikes despite rising domestic production.

According to him, prices jumped from N1,000/kg in January 2026 to N1,500-1,700/kg by May 2026.

“Prices went in some locations from N2,000-2,500/kg by June 2026. A 20MT truck now costs marketers N28m-N30m as against N14m/20MT when Dangote first supplied LPG in 2025.

“Erratic supply, terminal congestion in Lagos, logistics bottlenecks, and reduced volumes from Dangote Refinery and NLNG. Low buffer stock made any 2-week disruption to trigger panic buying.

“The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), led by National President Barr. Edu Inyang has been the main industry voice pushing for intervention to save the situation,” he added.

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Beyond threats and sanctions, the marketer suggested to the government that there should be all domestic LPG producers to demonstrate compliance with domestic supply commitments and ensure adequate volumes are made available to the Nigerian market before exports, saying it will increase product availability and reduce supply disruptions.

He said there should be a joint government-industry monitoring team to track production volumes, depot prices, inventory levels, and distribution patterns across the country, to identify early signals of supply shortages, speculative activities, and market distortions.

He tasked the government to Initiate an urgent review of multiple fees, levies, and charges imposed across the LPG value chain with a view to eliminating duplications and reducing cost burdens on operators. This will bring about lower operating costs and moderation of retail prices.

“Where domestic supply is insufficient, provide a fast-track framework for marketers and investors to import additional LPG volumes, including support for foreign exchange access and streamlined regulatory approvals. This will bridge supply gaps and improve market competition.

“Announce targeted incentives for investment in LPG storage facilities and distribution hubs in underserved regions, particularly Northern Nigeria and major inland consumption centres. This will reduce transportation costs and improve nationwide product availability.

“Set up a standing working group comprising representatives of the Ministry, NMDPRA, producers, terminal operators, NALPGAM and other critical stakeholders to meet periodically and monitor implementation of agreed interventions.

“This will bring about sustained stakeholder engagement, policy coordination, and measurable progress toward supply, availability and stability,” he added.

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Sahara Group Fires-up Energy Journalism with $5,000 Fellowship

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To bolster energy journalism in Africa, Sahara Group has unveiled the Asharami Square Energy Reporting Fellowship, offering up to $5,000 in grants, mentorship opportunities, and access to industry experts for selected journalists across the continent.

The Fellowship is an extension of Asharami Square, Sahara Group’s flagship thought leadership platform, now in its third edition, focused on sustainability and energy transition.

Themed “Energising Africa’s Energy Future: Legacy, Impact, and Transformation,” this year’s event will bring together industry leaders, policymakers, academia, and the media on July 22, 2026, in Lagos, Nigeria.

The Asharami Energy Reporting Fellowship reflects Sahara Group’s evolution from convening conversations to strengthening the narratives defining Africa’s energy future. Guided by the theme, “Telling Africa’s Energy Story. Shaping Solutions,” it advances solutions-driven reporting on infrastructure gaps, financing, policy trade-offs, and community impact.

Ejiro Gray, Director, Governance and Sustainability at Sahara Group, said the initiative is focused on strengthening the quality of discourse around energy on the continent. “As the energy landscape becomes more complex, the need for accurate, contextual, and impactful reporting becomes even more critical. This Fellowship is designed to support journalists in telling stories that go beyond headlines and uncover the real dynamics shaping Africa’s energy future,” she said.

Bethel Obioma, Head, Corporate Communications, Sahara Group, said the Fellowship extends Asharami Square’s long-standing focus on shaping narratives.

“At Sahara Group, we believe storytelling is a powerful driver of progress. With the Fellowship, we are going a step further to support the storytellers themselves, enabling a new wave of galvanising journalists across Africa to unearth untold energy stories, spotlight practical solutions, and contribute meaningfully to the continent’s energy future,” he said.

“To participate, journalists from across Africa, spanning print, electronic, and digital media, are invited to submit well-well-researched stories via the Fellowships’ portal, www.asharamisquarefellowship.com,” Obioma added.

Entries must be stories published or broadcast between January and October 30, 2026, and should be original, insightful, and accurate. Submissions must align with the Fellowship’s focus on uncovering underreported energy issues and advancing practical, forward-looking solutions for Africa’s energy future.

ALSO READ: Renaissance Acquisition Pushes Aradel’s Assets Up 466% to N10trn

An independent jury comprising experts in energy journalism and sustainable development will assess entries.

The Fellowship offers up to $5,000 in funding, combining financial support, immersive learning, mentorship, and high-level exposure to build capacity for shaping Africa’s energy narrative.

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‘They’ll Be Free Soon’ – DIG Gives Fresh Update on Abducted Oyo Pupils, Teachers

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The Oyo State Government under Governor Seyi Makinde has approved the reconstruction of Ijio-Idiko-Ile Road which is one of the roads in the Oke Ogun geo-political zone in the state. Makinde also disclosed that he had given the go-ahead for the renovation of Iseyin Township Hall. Makinde, made these known during a town hall meeting held at Iseyin Town Hall in Iseyin Local Government Area, on Thursday. In his speech, Makinde informed the audience that construction is still going on at the Ladoke Akintola University, Ogbomoso campus's College of Agricultural Science and Renewable Natural Resources, Iseyin Campus. He declared that Oba Abdul Ganiy Adekunle Salau, the most recent Aseyin of Iseyin, would be honored by having the campus lecture hall bear his name.

The South-West Coordinating Deputy Inspector-General of Police (DIG), Adegoke Fayoade, has reassured Nigerians that the abducted pupils and teachers in Oyo State will soon regain their freedom as security agencies intensify rescue operations.

Speaking during an official working visit to the Lagos State Police Command Headquarters in Ikeja on Monday, Fayoade expressed confidence that ongoing efforts by law enforcement agencies and government authorities would yield positive results in the shortest possible time.

According to him, all available resources are being deployed to secure the safe release of the victims, while security operatives remain focused on rescue efforts rather than engaging in discussions about ransom demands.

ALSO READ: Oyo APC Rejects LG Election, Says Makinde Wants to Rule by Proxy After Exit

All agencies, including government authorities, are working tirelessly. I can assure Nigerians that within the shortest possible time, the children and their teachers will be free,” the DIG stated.

Fayoade dismissed reports suggesting that the abductors had altered their demands, insisting that the police were unaware of any negotiations involving ransom payments or the release of suspected accomplices.

We do not discuss ransom. Our priority is ensuring the safe rescue of those in captivity,” he said.

The senior police officer explained that his visit to Lagos was part of a broader strategy to strengthen supervision across police commands in the South-West and engage officers on effective approaches to tackling emerging security threats.

He disclosed that discussions with officers centered on manpower development, welfare improvement, and operational efficiency.

Fayoade noted that the ongoing recruitment of 40,000 police personnel would help address manpower shortages across the country, while improved welfare packages would boost officers’ morale and effectiveness.

The DIG also highlighted the Nigeria Police Force’s commitment to adopting modern technology in crime fighting.

He revealed that efforts were underway to complete a central data centre that would enable security agencies to share intelligence and improve crime detection nationwide.

He added that the force was preparing to introduce artificial intelligence into criminal investigations and intelligence gathering to enhance policing and improve response times.

Technology remains a major priority. Very soon, our officers will begin specialized training on the use of artificial intelligence in investigations and intelligence operations,” he said.

Fayoade further urged members of the public to cooperate with law enforcement agencies, stressing that effective policing requires mutual trust and respect between officers and citizens.

The assurance comes amid growing concern from parents and residents over the fate of the abducted pupils and teachers, with many hoping for a swift and safe resolution to the incident.

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