Mr. Tola Oshobi, S.A.N.
Mr. Oshobi is the head of the Litigation group of Babalakin & Co. and a Senior Advocate of Nigeria. He attended University of Ibadan where he obtained his LL.B (Hons.).
He has been very active in litigation practice since his admission to the Bar and has acted as Counsel in a number of arbitral and other alternative dispute resolution proceedings. He also heads the taxation group of Babalakin & Co. and provides general legal services to clients in Nigeria and abroad.
He is a member of the Nigerian Bar Association, International Bar Association and Chartered Institute of Taxation of Nigeria.
Mr. Oshobi, S.A.N., has also advised and acted as senior counsel to a Special Presidential Committee set up by the Federal Government of Nigeria to investigate and recover lost revenue on import duties arising from under-invoicing of imported goods. This work led to the recovery of over US$250 million by the Federal Government of Nigeria.
Mr. Oshobi is responsible for designing a process that radically reduced the time for perfecting title to land in Lagos State by cutting out much of the red-tape. The Lagos State Government adopted the process for the perfection of title of some allottees in a residential estate developed by one of the firms client as a pilot scheme and following its success extended the scheme to the whole State.
In 2008, Mr. Oshobi represented the Nigerian Electricity Regulatory Commission before the House of Representatives Committee on Finance on their fiscal obligations to the Federal Government of Nigeria. Furthermore, he advised one of the major International Oil companies at a hearing before the National Assembly on a petition submitted by some of the oil producing communities in the Niger-Delta.
Between 2009 and 2010, Mr. Oshobi advised the Joint Committee of the House of Representatives on the Petroleum Industry Bill. In this capacity, he reviewed all existing laws and regulations in the Nigerian energy sector, the Nigerian Energy Policy and the Nigerian Oil and Gas Policy. He is also a member of the team of legal consultants to the Federal Government on the implementation of aspects of the Gas Master Plan.
Currently, Tola is advising a client that won a multi-million dollars concession from a State Government to develop a major international market with an integrated commercial, industrial and residential complex.
He is also currently advising the Nigerian partner in an International Joint Venture for the development of major solid mineral mining project in Nigeria, on all aspects of the prospecting, development and financing of the project.