Lolade Ososami


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Lolade Ososami is a Partner at Udo Udoma & Belo-Osagie and heads the firm’s taxation and mining and metals teams.

Lolade is an expert in the legal and regulatory framework for international investment in Nigeria and advises on diverse domestic and cross-border commercial transactions across various sectors. She is greatly renowned for her advice on tax aspects of diverse commercial transactions including transfer pricing, exchange of information reporting obligations, and tax regimes applicable to the extractive industry and renewable energy projects including bio-fuels.  Lolade’s expertise contributes to the success of the firm’s tax controversy practice which has successfully obtained a landmark ruling relating the tax appeals process in Nigeria.

Her clients include foreign direct and portfolio investors, international financial institutions including DFIs, tech giants, conglomerates, small and medium enterprises, tech start-ups and high-net-worth individuals.  

Resting on her dexterity in the field of mining and natural resources, Lolade has advised on transactions relating to mineral rights acquisitions, mineral exploration of ferrous and other base metals including iron ore and cobalt, and mine development projects in Nigeria. She contributes to the Mining in Africa Legal Database, an online resource for investors, financiers and developers in mining. She has contributed to policy reforms in the extractive industry, especially from a fiscal perspective. She was 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 thought leadership, Lolade has authored several articles on taxation and is a contributor to the Transfer Pricing Law Review and regularly facilitates workshops and knowledge-sharing events on taxation and compliance.

Lolade is a Fellow of the Chartered Institute of Taxation of Nigeria, and has served as the Chairman of the Taxation Committee within the Section on Business Law of the Nigerian Bar Association. She is also a member of the Tax Committee of the International Bar Association and a member of the International Fiscal Association.

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UUBO advises Phatisa Food Fund II on its investment in Manipal International Holdings

January 31, 2023

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