NICHOLAS OKAFOR

PARTNER

Nicholas Okafor is co-head of the firm’s Energy practice, and a Partner in the firm’s Banking & 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 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.
Nicholas 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 organised 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.

Nicholas is ranked as a leading lawyer in the IFLR1000, and recognised by the Legal 500 and Chambers for his banking and finance practice.

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

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

1992Nigeria

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

 

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What the market says…

Competent, responsive and pragmatic.

- IFLR100

Very knowledgeable in the energy space and works at a high standard.

- IFLR100

He is a very sound corporate and commercial attorney and with his litigation background can anticipate preempt potential risk areas.

- IFLR100

He is extremely protective of his clients' interests and works extremely hard to make transactions come out beneficial to both sides.

- IFLR100

Very responsive and effective.

- IFLR100

Professional, versatile, and responsive.

- IFLR100

He has a depth of industry knowledge, client relationship management skills and is solution driven.

- IFLR100

"He is very thorough, leaves no stone unturned and pays attention to every detail. He always has a solution to every technicality."

- IFLR100

"Nicholas is very efficient, good at distilling legal issues presented to him and providing solutions."

- IFLR100

"Like a Pitbull once he gets into a problem he does not let it go until he finds a solution. He is always very optimistic."

- IFLR100