Practice area/s
Oil and Gas

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

In addition to her corporate and international tax advisory work, Lolade provides tax advice in relation to employment and service contracts. She has advised extensively on the tax implications of investment structures and regularly advises on transfer pricing and application of tax treaties. Lolade also assists with obtaining incentives such as pioneer status, which confers a tax holiday status on eligible applicants.  She has also had the opportunity to contribute to tax policy as a member of the fiscal framework and revenue management syndicate of the Legislative Framework for Petroleum Industry Reform, organised by the House of Representatives of the National Assembly.

As part of her corporate advisory work, Lolade advises on joint ventures, company acquisitions and private placements.  She also advises on equipment leasing and hire purchase transactions.  She also advises on issues relating to trade and investment including investment treaties, and regularly advises various start-ups on regulatory compliance and tax issues.

Lolade's commitment to client satisfaction is consistently reflected in her reviews and rankings by global legal research firms.  She has been featured by Who’s Who Legal in their Corporate Tax section, and 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 articles and 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. She is also a member of the Tax Committee of the International Bar Association.


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)


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