NICHOLAS OKAFOR

Nicholas Okafor is co-head of the firm’s Energy (Electric Power) Practice, and a partner in the firm’s Banking and Finance, Projects and Project Finance teams. His other specialisations include labour and employment, projects, securitisation, international capital market issuances (Eurobonds) and infrastructure.

He advises a diverse range of local and international clients on projects relating to the acquisition and refurbishment of brownfield power plants, the construction and establishment of greenfield projects including pipelines and power plants, toll roads, the development of marginal fields and the construction of central gas processing facilities.

He has also assisted clients in the negotiation of World Bank Partial Risk Guarantees for gas and power development, and advised on derivative instruments and master agreements, including ISDA documentation, repos and security lending. He has participated in, and delivered presentations, at several conferences, including the Workshop on The Annotation of Power Purchase Agreements for Power Africa organized by the Commercial Law Development Program of the United States Department of Commerce and recently contributed to the handbook on Power Purchase Agreements which was published following that workshop. He contributed to the World Bank 2017 Report on Benchmarking Public Procurement.

With a background in litigation, Nicholas has advised and represented various clients in the oil and gas sector in trade union negotiations. He has presented papers on employee relations and conducted seminars on derivatives, security for bank lending, contracts and loan documentation. He is ranked as a leading lawyer in the IFLR1000, and recognised by the Legal 500 and Chambers for his banking and finance practice.

Career

2013 Partner, Udo Udoma & Belo-Osagie
2010 Managing Associate, Udo Udoma & Belo-Osagie
2009-2010 Partner, Paul Usoro & Co
2003-2008 
Senior Associate, Udo Udoma & Belo-Osagie
1998 Associate, Udo Udoma & Belo-Osagie
1995-1996 Counsel, Dickson D.I. Osuala & Co.
1994-1995 Associate, Mbanefo B. Mofunanya & Co, Legal Practitioners
1992-1993 Lecturer, Business Law, Katsina State Polytechnic, Katsina State
1992 Enugu Division, Anambra State High Court
1992 Attachment, Ifeanyi Ukoh & Associates, Legal Practitioners

Qualifications

2002 Chartered Institute of Arbitrators Nigeria, MCIArb
1992 Nigerian Law School, BL
1991 University of Nigeria, Nsukka, LL.B

Bar admissions

1992 Nigeria

Professional membership

Nigerian Bar Association
Maritime Lawyers' Association of Nigeria
Chartered Institute of Arbitrators