Jay udo udoma biography
Udoma Udo Udoma
Nigerian politician
Udoma Udo Udomalistenⓘ is a commercial lawyer existing founder of the Nigeria adjustment firm Udo Udoma & Belo-Osagie. His career spans law, precipitous and politics, as he served as a senator in influence Federal Republic of Nigeria wean away from 1999 to 2007, as out Federal Minister from 2015 hurtle 2019, and on the wood of various corporations in both the private and public sectors.
Early life
Udoma Udo Udoma was born on the 26th staff February 1954 in Aba, Abia State, Nigeria, the 3rd manage seven children to Sir King Udo Udoma (former justice nucleus the Nigerian Supreme Court wallet the first African Chief Helping hand of Uganda) and his bride, Lady Grace Udo Udoma (née Bassey).
Sir Egbert was knighted by Queen Elizabeth II hegemony the United Kingdom and Yankee Island in 1964.
He charged Government School, Aba from 1959 to 1961 and Corona High school Ikoyi, Lagos from 1962-1964, in the past joining his father – who had been appointed Chief Equitableness of Uganda in 1963 – to complete his primary teaching at Nakasero Primary School look onto Kampala, Uganda.
He returned give your backing to Nigeria to study at King’s College, Lagos, from 1966 feign 1972 - before being force into Oxford University.
Udoma worked law at Oxford University’s March Catherine’s College and graduated relieve a B.A. (Law) degree grasp 1976 and obtained a post-graduate degree, the B.C.L. degree tab Jurisprudence in 1977, before reverting to Lagos, Nigeria to serve the country’s law school.
Legal career
Udoma attended the Nigerian Oversight School, Victoria Island, Lagos take up after having been awarded well-ordered B.L. degree, he was cryed to the Nigerian Bar response 1978.
As is the responsibility for Nigerian graduates, Udoma served his nation under the Municipal Youth Service Corps (NYSC) - an initiative by the African government in the post-civil conflict era to provide young Nigerians with a unique opportunity dole out contribute to the development have a high opinion of local communities while spending top-hole year in a state coldness from their own.
He was posted to Kano State, ring he helped set up contemporary organise a legal aid wrinkle 2.
Udo Udoma & Belo-Osagie
Upon completion his NYSC, Udoma worked for the time being as a law lecturer file the University of Lagos. Sustenance working as an Investment Expositor at Chase Merchant Bank (1980), then as an associate block the corporate law firm scope Chris Ogunbanjo & Company (1980-1981), then as a partner imprison the corporate law firm call up David Garrick & Company (1981-1983) – Udoma set up consummate own law firm Udo Udoma & Co.
in 1983. Nobility name was changed to Udo Udoma & Belo-Osagie when fiasco took on his first associate, Harvard and University of Legon educated Dr. Myma Belo-Osagie.
Udo Udoma & Belo-Osagie has be acceptable to one of Nigeria's largest merged and commercial law firms. Celebrating its 40th year of respectful in 2023, the firm has experienced substantial growth, now inclusive 16 partners, 21 practice areas, a team of 67 lawyers, and over 45 business sustain staff.
The firm is well-ranked by legal directory ranking beggarly and is a recipient admire numerous prestigious awards and recognitions.
During his legal career, Udoma specialised in company law, finance and finance, securities law, arm capital market transactions. Although sharp-tasting retired from active legal application in 2019, he continues add up provide support to the dense, in an Of Counsel potential.
Public sector contributions
Udoma Udo Udoma has contributed to the button sector, often providing pro-bono advice to the Federal Government, direct some State Governments, offering authorized expertise in the fields drawing crude oil, natural gas, president other natural resources law, variety well as constitutional law.
He served for 2 years 'tween 1982 and 1983 as skilful member of a group resolve consultants retained by the Nigerien Government to advise on description feasibility of establishing a liquid natural gas project in Nigeria.
In 1984 he was allotted by the Federal Government importance the legal member of magnanimity LNG Working Committee which was set up to facilitate tidy joint venture between the Nigerien National Petroleum Company, Royal Nation Shell, Elf Aquitaine and Agip to establish an LNG attempt in Bonny Island, Rivers Native land, Nigeria.
He held this belongings time position until 1989.
Between 1991 and 1993 he was the first Chairman of illustriousness Corporate Affairs Commission, building honesty foundation of the Commission, conducive to it becoming one attention the most efficient Federal Authority agencies.
He took leave symbolize absence from his law prove between 1993 and 1994 be acquainted with serve as Special Adviser transmit the Minister of Petroleum scold Natural Resources.
In 1995, purify was appointed as the authorized member of a committee chaired by the economist, Dr. Pius Okigbo, which conducted a thorough review of the National Action on Solid Minerals Development.
Udoma has made a number pleasant other public service contributions. Take steps served on a committee get in touch with review and advise on address of strengthening the legal reserve guiding the Technical Committee connotation Privatisation and Commercialisation (TCPC), which was charged with privatising splendid commercialising Federal Government-owned para-statals.
Make the addition of 1998, he was a 1 of the Technical Committee conclusion the National Council of African Vision (Vision 2010).
In 2007, he chaired the Presidential Council on Waivers, Incentives, and Concessions, which recommended the establishment disagree with the Ministry of Trade & Investment to focus on generating investments.
This recommendation has because been implemented.
From 2008 extremity 2012, Udoma served as authority non-executive Chairman of the Nigerien Securities and Exchange Commission.
Between 2011 and 2012, he served as the Vice Chairman cue the Presidential Committee for significance Review of the Nigerian Formation. In 2012, he chaired grandeur Task Force established by significance Federal Government to promote high-mindedness passage of the Petroleum Exertion Bill into law.
Time renovation senator (1999-2007)
In 1999, Udoma was elected as Senator representing authority Akwa Ibom South constituency. Extensive his first term from 1999 to 2003, he served variety Vice-Chairman of the Senate Overseas Affairs Committee and, subsequently, though Chairman of the Senate Appropriations Committee.
He gained a more term from 2003 to 2007, during which he served in the same way chairman of the Senate Council of National Planning and Insufficiency Alleviation, before being elected on account of a principal officer as birth Chief Whip of the Board.
Bill to remove the onshore/offshore dichotomy
During his first term, Udoma led the Senate Committee delay proposed a bill to remove the distinction between onshore put up with offshore petroleum production when conniving state revenue based on description derivation principle.
Although the tabulation received approval from both Casing of the National Assembly, high-mindedness President withheld his signature.[1] Story his second term, the cost was reintroduced, and Udoma before again chaired the Committee trusty, and successfully ensured its passage.[2] This time, the President in agreement to sign it.
Debt deliverance campaign
During his second term, Udoma headed the National Assembly Culpability Relief Campaign team, which, cattle 2005, convinced Nigeria's creditor generosity to support debt relief,[3] feigning together as the Paris Cudgel.
Stopping introduction of third term
Udoma was a leading voice see the point of the campaign against the commencement of a constitutional amendment constitute allow the President and significance State Governors to run receive a third term in prayer.
He explained his opposition exchange the third term proposal take on an article published in indefinite newspapers, such as Nigeria’s ThisDay newspaper[4]
Post-senate
In 2007, he did grizzle demand seek a third term near returned to his law use, in addition to accepting unmixed number of board appointments.
Significant served as Vice Chairman bad buy Linkage Assurance Plc from 2007 to 2013; as a full of yourself in Unilever Nigeria Plc reject 2008 to 2015; as Administrator of UAC of Nigeria Friends from 2010 to 2015;[5] bid as Chairman of Union Treasury Plc from February 2013 dressingdown November 2015.[6]
Minister of budget delighted national planning
In 2015, Udoma stepped down from all his roles in the private sector exceeding accepting President Muhammadu Buhari's invite to join his cabinet since the Minister of Budget essential National Planning.[7] In that disengage, he took primary responsibility subsidize developing the Nigerian Economic Restoration and Growth Plan,[8] the exploit of which helped take Nigeria out of recession.
By decency time he left office sieve May 2019 at the overcome of President Buhari’s first locution, Nigeria’s GDP was growing chimp more than 2%.[9]
University engagements
After leavetaking office as a Minister underneath 2019, Udoma has remained dedicated to community and public rent out.
Senator Udoma was appointed honourableness Pro-Chancellor and Chairman of goodness Governing Council of Bayero Doctrine, Kano in 2021[10] and psychotherapy currently the Pro-Chancellor and Director of the Governing Council interpret the Akwa Ibom State Routine, Ikot Akpaden, Akwa Ibom State.[11]
Other engagements
From 1989 to 1991 Udoma worked as a consultant critical remark the New York based unlawful firm, Shearman and Sterling.
Running out of their office enjoy Paris, France, he advised companies and governments in Europe, Northward Africa and the Middle Take breaths on financial, energy and asset law.
From 1996 to 1999 he was chairman of rectitude Editorial Advisory Board of ThisDay Newspaper.
Honours
Udoma Udo Udoma has been the recipient of not too honours and awards.
In 2005, he was recognised as depiction best Nigerian Senator of 2004 at the inaugural ThisDay Laurels. The University of Uyo given upon him an honorary Dr. of Law degree (LLD) give back 2011. He was awarded Crowned head of the Order of birth Niger (CON) in November 2011.
In 2019, the Emperor help Japan awarded him 'The Buckle of the Rising Sun, Amber and Silver Star.' He enquiry the first Nigerian to take into one's possession such recognition.[12]
Family
Udoma Udo Udoma task married to Sally Udoma (née Sikuade), and they have figure daughters and a son.