LOLADE OSOSAMI

Practice area/s
Oil and Gas

Lolade Ososami is a Partner in the firm’s taxation, corporate advisory, compliance & investigations, business establishment & corporate immigration and oil & gas teams. She advises on the tax aspects of diverse commercial transactions in various sectors including telecommunications, banking and finance, securities transactions, downstream petroleum operations, solid minerals and foreign investment.

In addition to her corporate tax advisory work, Lolade advises on upstream oil and gas taxation. She has advised extensively on the tax aspects of several production sharing contracts between the Nigerian National Petroleum Company (NNPC) and the major IOCs operating in Nigeria and was involved in an advisory role in the arbitrations that arose from the 1993 PSCs. In 2016 she was appointed as a member of the fiscal framework and revenue management syndicate of the Legislative Framework for Petroleum Industry Reform that was organised by the House of Representatives of the National Assembly and NNPC.

As part of her corporate advisory work Lolade was part of the team that acted as Solicitors to the Issuer on the Series 2 Bond Issue by the Nigeria Mortgage Refinance Company Plc., under its N140 billion Medium Term Note Program. She was also part of the team that advised the Export-Import Bank of the United States on the financial structuring of a vessel acquisition by a Nigerian company providing marine services in the Nigerian oil majors. Lolade regularly advises various start-ups on regulatory compliance and employment issues. She has also advised on joint ventures, company acquisitions, private placements and investment funds.

Lolade has been featured by Who’s Who Legal in their Corporate Tax section, she has also been ranked by Corporate INTL Who’s Who Handbook as a leading lawyer in Taxation and Natural Resources. She contributes to the Chartered Institute of Taxation Practice Series and has published several papers on taxation in local and international publications including Tax Notes International and Tax Planning International Review. Lolade has facilitated several tax workshops and has been certified as a trainer in tax law by the Nigerian Bar Association Institute of Continuing Legal Education (ICLE). She is a Fellow of the Chartered Institute of Taxation of Nigeria, the Vice- Chairman of the Taxation Committee of the Section on Business Law of the Nigerian Bar Association and a member of the Tax Committee of the International Bar Association.

Career

2018 - date Partner, Udo Udoma & Belo-Osagie
2004 - 2018 Managing Partner, Abraham & Co. (Solicitors, Advocates & Notary Public)
2000 - 2003 Consultant, Udo Udoma & Belo-Osagie
1996 - 1999 Associate, Udo Udoma & Belo-Osagie
1993 - 1994 Legal/Public Affairs Officer, Pan Ocean Oil Corp.
1992 - 1993 Junior Associate, Johnson & Johnson (Solicitors)

Qualifications

2010 LL.M, University of London
2001 PG. Diploma in International Tax Law, Robert Kennedy College, Switzerland
1990 LL.B, University of Jos

Bar admissions

1991 Nigeria

Professional membership

Nigerian Bar Association
International Bar Association
Chartered Institute of Taxation of Nigeria
Capital Markets’ Solicitors Association of Nigeria