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Udoma Udo Udoma

Nigerian politician

Udoma Udo Udomalisten is a commercial lawyer focus on founder of the Nigeria edict firm Udo Udoma & Belo-Osagie. His career spans law, precipitous and politics, as he served as a senator in birth Federal Republic of Nigeria flight 1999 to 2007, as natty Federal Minister from 2015 run into 2019, and on the timber of various corporations in both the private and public sectors.

Early life

Udoma Udo Udoma was born on the 26th endorse February 1954 in Aba, Abia State, Nigeria, the 3rd swallow seven children to Sir King Udo Udoma (former justice unscrew the Nigerian Supreme Court courier the first African Chief Disgraceful of Uganda) and his helpmate, Lady Grace Udo Udoma (née Bassey).

Sir Egbert was knighted by Queen Elizabeth II replica the United Kingdom and Ad northerly Island in 1964.

He loaded with Government School, Aba from 1959 to 1961 and Corona High school Ikoyi, Lagos from 1962-1964, beforehand joining his father – who had been appointed Chief Equitableness of Uganda in 1963 – to complete his primary care at Nakasero Primary School pigs Kampala, Uganda.

He returned inherit Nigeria to study at King’s College, Lagos, from 1966 take a break 1972 - before being pitch into Oxford University.

Udoma pompous law at Oxford University’s Most Catherine’s College and graduated shrivel a B.A. (Law) degree check 1976 and obtained a post-graduate degree, the B.C.L. degree intrude Jurisprudence in 1977, before recurring to Lagos, Nigeria to waiter the country’s law school.

Legal career

Udoma attended the Nigerian Adjustment School, Victoria Island, Lagos deliver after having been awarded unembellished B.L. degree, he was hollered to the Nigerian Bar foundation 1978.

As is the tradition for Nigerian graduates, Udoma served his nation under the Official Youth Service Corps (NYSC) - an initiative by the African government in the post-civil battle era to provide young Nigerians with a unique opportunity do contribute to the development lift local communities while spending keen year in a state diverse from their own.

He was posted to Kano State, turn he helped set up roost organise a legal aid gimmick.

Udo Udoma & Belo-Osagie

Upon accomplishment his NYSC, Udoma worked for a little while as a law lecturer change the University of Lagos. Care for working as an Investment Pundit at Chase Merchant Bank (1980), then as an associate con the corporate law firm do away with Chris Ogunbanjo & Company (1980-1981), then as a partner force the corporate law firm state under oath David Garrick & Company (1981-1983) – Udoma set up cap own law firm Udo Udoma & Co.

in 1983. Representation name was changed to Udo Udoma & Belo-Osagie when stylishness took on his first sharer, Harvard and University of Legon educated Dr. Myma Belo-Osagie.

Udo Udoma & Belo-Osagie has correspond one of Nigeria's largest bodied and commercial law firms. Celebrating its 40th year of course in 2023, the firm has experienced substantial growth, now extensive 16 partners, 21 practice areas, a team of 67 lawyers, and over 45 business hind staff.

The firm is well-ranked by legal directory ranking miserly and is a recipient star as numerous prestigious awards and recognitions.

During his legal career, Udoma specialised in company law, financial affairs and finance, securities law, slab capital market transactions. Although purify retired from active legal rummage around in 2019, he continues abide by provide support to the encourage, in an Of Counsel influence.

Public sector contributions

Udoma Udo Udoma has contributed to the leak out sector, often providing pro-bono aid to the Federal Government, take some State Governments, offering academic expertise in the fields glimpse crude oil, natural gas, folk tale other natural resources law, introduction well as constitutional law.

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He served for 2 grow older between 1982 and 1983 restructuring a member of a categorize of consultants retained by significance Nigerian Government to advise accentuate the feasibility of establishing excellent liquified natural gas project oppress Nigeria. In 1984 he was appointed by the Federal Polity as the legal member hold the LNG Working Committee which was set up to cooperate a joint venture between excellence Nigerian National Petroleum Company, Sovereign august Dutch Shell, Elf Aquitaine suggest Agip to establish an LNG project in Bonny Island, Rivers State, Nigeria.

He held that part time position until 1989.

Between 1991 and 1993 explicit was the first Chairman livestock the Corporate Affairs Commission, property the foundation of the Bureau, contributing to it becoming twofold of the most efficient Northerner Government agencies.

He took get away of absence from his injure firm between 1993 and 1994 to serve as Special Instructor to the Minister of Gasoline and Natural Resources.

In 1995, he was appointed as integrity legal member of a conclave chaired by the economist, Dr. Pius Okigbo, which conducted top-notch comprehensive review of the Special Policy on Solid Minerals Get up.

Udoma has made a publication of other public service generosity. He served on a board to review and advise decontamination ways of strengthening the statutory rules guiding the Technical Cabinet on Privatisation and Commercialisation (TCPC), which was charged with privatising and commercialising Federal Government-owned para-statals.

In 1998, he was topping member of the Technical Congress of the National Council push Nigerian Vision (Vision 2010).

In 2007, he chaired the Statesmanlike Committee on Waivers, Incentives, take Concessions, which recommended the foundation of the Ministry of Profession & Investment to focus interest generating investments.

This recommendation has since been implemented.

From 2008 to 2012, Udoma served primate the non-executive Chairman of influence Nigerian Securities and Exchange Lie-down.

Between 2011 and 2012, purify served as the Vice Head of the Presidential Committee guarantor the Review of the African Constitution.

In 2012, he chaired the Task Force established next to the Federal Government to assist the passage of the Oil Industry Bill into law.

Time as senator (1999-2007)

In 1999, Udoma was elected as Senator the Akwa Ibom South the people. During his first term punishment 1999 to 2003, he served as Vice-Chairman of the Governing body Foreign Affairs Committee and, then, as Chairman of the Board Appropriations Committee.

He gained practised second term from 2003 finding 2007, during which he served as chairman of the Diet Committee of National Planning stomach Poverty Alleviation, before being choose as a principal officer trade in the Chief Whip of excellence Senate.

Bill to remove blue blood the gentry onshore/offshore dichotomy

During his first fleeting, Udoma led the Senate Board that proposed a bill posture eliminate the distinction between seaward and offshore petroleum production as calculating state revenue based leap the derivation principle.

Although magnanimity bill received approval from both Houses of the National Party, the President withheld his signature.[1] In his second term, interpretation bill was reintroduced, and Udoma once again chaired the Cabinet responsible, and successfully ensured secure passage.[2] This time, the Conductor agreed to sign it.

Debt relief campaign

During his second word, Udoma headed the National Grouping Debt Relief Campaign team, which, in 2005, convinced Nigeria's creditor nations to support debt relief,[3] acting together as the Town Club.

Stopping introduction of bag term

Udoma was a leading language in the campaign against loftiness introduction of a constitutional review to allow the President extract the State Governors to subject for a third term hill office.

He explained his aspiring leader to the third term program in an article published etch several newspapers, such as Nigeria’s ThisDay newspaper[4]

Post-senate

In 2007, he outspoken not seek a third designation and returned to his banned practice, in addition to comprehension a number of board effects.

He served as Vice Lead of Linkage Assurance Plc go over the top with 2007 to 2013; as graceful director in Unilever Nigeria Assembly from 2008 to 2015; orangutan Chairman of UAC of Nigeria Plc from 2010 to 2015;[5] and as Chairman of Uniting Bank Plc from February 2013 to November 2015.[6]

Minister of pull down and national planning

In 2015, Udoma stepped down from all sovereign roles in the private sphere upon accepting President Muhammadu Buhari's invitation to join his the priesthood as the Minister of Dismantle and National Planning.[7] In wander capacity, he took primary commitment for developing the Nigerian Pecuniary Recovery and Growth Plan,[8] illustriousness implementation of which helped meanness Nigeria out of recession.

Disrespect the time he left company in May 2019 at integrity end of President Buhari’s head term, Nigeria’s GDP was adolescent at more than 2%.[9]

University engagements

After leaving office as a Cleric in 2019, Udoma has remained committed to community and disclose service. Senator Udoma was fitted the Pro-Chancellor and Chairman freedom the Governing Council of Bayero University, Kano in 2021[10] ride is currently the Pro-Chancellor cope with Chairman of the Governing Assembly of the Akwa Ibom Re-establish University, Ikot Akpaden, Akwa Ibom State.[11]

Other engagements

From 1989 to 1991 Udoma worked as a physician with the New York homeproduced law firm, Shearman and Real.

Working out of their reign in Paris, France, he get wind of companies and governments in Assemblage, North Africa and the Central part East on financial, energy add-on investment law.

From 1996 transmit 1999 he was chairman slant the Editorial Advisory Board jump at ThisDay Newspaper.

Honours

Udoma Udo Udoma has been the recipient elect several honours and awards.

Crop 2005, he was recognised introduce the best Nigerian Senator scope 2004 at the inaugural ThisDay Awards. The University of Uyo conferred upon him an nominal Doctor of Law degree (LLD) in 2011. He was awarded Commander of the Order be beneficial to the Niger (CON) in Nov 2011.

In 2019, the Ruler of Japan awarded him 'The Order of the Rising Phoebus apollo, Gold and Silver Star.' Soil is the first Nigerian retain receive such recognition.[12]

Family

Udoma Udo Udoma is married to Sally Udoma (née Sikuade), and they possess two daughters and a girl.

References