Aniekan Ukpanah


Aniekan Ukpanah is the Managing Partner of the law firm of Udo Udoma & Belo-Osagie. He heads the firm’s banking & finance, project finance, and real estate teams. He advises on the structuring and financing of large-scale construction, infrastructure and energy projects, the capital and money markets, and syndicated loans.

He co-led the team that advised an international financial institution on a US$50,000,000.00 facility to one of the top five Nigerian banks, and advises investors in the gas sector, including one of the largest extractors of natural gas in the world, in relation to various Nigerian oil & gas projects. In addition to legal services, he provides client training and presents papers on security for bank lending, secured credit transactions and legal issues associated with PPPs.

Slightly outside of his banking and finance focus, Mr. Ukpanah acted as the team leader in a World Bank/USAID-funded project to devise a ‘road map’ to guide foreign investors who wish to invest in Nigeria.
Aniekan is ranked as an Eminent Practitioner for his Banking & Finance work by Chambers Global; as a Highly Regarded Lawyer in the Banking, Capital Markets, Project Development, and Project Finance sections of the International Financial Law Review (Expert Guides); a Leading Individual for his Real Estate and Construction practice by the Legal 500 and is commended in Who’s Who Legal.

Aniekan sits on the board of Lex Mundi, the world’s leading network of independent law firms, with 150+ member firms and more than 22,000 lawyers worldwide. He also chairs and serves on the boards of various private limited liability companies. He is a member of the governing council of Obong University, the first licensed private university in Akwa Ibom State.

2019-till dateManaging Partner, Udo Udoma & Belo-Osagie
2015Member, Akwa Ibom State Technical Committee on Ibom Deep Seaport
2005Member, Central Bank of Nigeria Technical Committee on Bank Consolidation
2002-2006Treasurer, Capital Markets’ Solicitors Association of Nigeria
2003Member, Federal Government Study Group advising the Federal Government of Nigeria on the Review of the Nigerian Tax System
2000-2019Partner, Udo Udoma & Belo-Osagie
1998-1999Senior Associate, Udo Udoma & Belo-Osagie
1989-1998Associate, Udo Udoma & Belo-Osagie
1988BL, Nigerian Law School
1987B.A., Law and Economics, Dorset Institute (University of Bournemouth) Bournemouth, 
United Kingdom


Nigerian Bar Association (member, sub-committee on banking, finance and insolvency section on Business Law)
International Bar Association
Capital Markets’ Solicitors Association of Nigeria

Chambers and Partners Global Guide 2021 – Aniekan Ukpanah

February 21, 2021

Udo Udoma & Belo-Osagie is pleased to announce that our Banking & Finance and Real Estate teams’ partner, Aniekan Ukpanah has been ranked in Chambers and Partners Global Guide 2021 for his Banking & Finance practice. For more information about Aniekan’s work and the areas of specialisation of our other highly regarded lawyers, please email and […]

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The Lekki Deep Sea Port Project

January 23, 2023

As President Muhamadu Buhari commissions the Lekki Port Project for commercial operations today, Monday 23rd January, 2023, UUBO reflects on its role as Nigerian counsel to CMA Terminals, the sub-concessionaire of this trail blazing project which includes the development, operation and maintenance of the container terminal and related infrastructure of the Lekki Deep Sea Port in Lagos […]

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What the market says…


“Aniekan Ukpanah is a “technically skilled” practitioner, recommended by peers for advising on the structuring and financing of energy and hospitality projects.”



“Aniekan Ukpanah enjoys a fantastic reputation in the market for his expert advice on M&A matters for clients in the finance and construction industries.”



“Aniekan Ukpanah is a top-tier construction and real estate lawyer, and is highlighted by commentators for his outstanding advisory work on real estate developments.”



“Aniekan Ukpanah ranks prominently in our research for his work in capital markets, receiving wide-ranging endorsements from peers for his advice to investors in the gas sector.”



“Aniekan Ukpanah receives extensive acclaim for his practice, which focuses on advising high-profile, multinationals and governments on a wide range of finance and banking issues.”



"Strong empathy bridging and managing our expectations of the reality of the legal process in Nigeria. Strong solutions focused interaction."

- IFLR1000


"Aniekan Ukpanah is head of the banking and finance team and is recognised for his role on project finance mandates. "

- IFLR1000


"He advises on the financing of infrastructure and energy developments, and regularly acts for commercial banks on finance transactions."

- IFLR1000

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