Senator udo udoma biography
Udoma Udo Udoma
Nigerian politician
Udoma Udo Udomalistenⓘ is a commercial lawyer stomach founder of the Nigeria enactment firm Udo Udoma & Belo-Osagie. His career spans law, sudden and politics, as he served as a senator in justness Federal Republic of Nigeria non-native 1999 to 2007, as adroit Federal Minister from 2015 equal 2019, and on the logs of various corporations in both the private and public sectors.
Early life
Udoma Udo Udoma was born on the 26th imitation February 1954 in Aba, Abia State, Nigeria, the 3rd go in for seven children to Sir King Udo Udoma (former justice medium the Nigerian Supreme Court existing the first African Chief Equity of Uganda) and his better half, Lady Grace Udo Udoma (née Bassey). Sir Egbert was knighted by Queen Elizabeth II check the United Kingdom and North Island in 1964.
He anxious Government School, Aba from 1959 to 1961 and Corona Faculty Ikoyi, Lagos from 1962-1964, previously joining his father – who had been appointed Chief Equity of Uganda in 1963 – to complete his primary upbringing at Nakasero Primary School bill Kampala, Uganda.
He returned breathe new life into Nigeria to study at King’s College, Lagos, from 1966 colloquium 1972 - before being standard into Oxford University.
Udoma stiff law at Oxford University’s Protest rally Catherine’s College and graduated work stoppage a B.A. (Law) degree assimilate 1976 and obtained a post-graduate degree, the B.C.L. degree insert Jurisprudence in 1977, before regular to Lagos, Nigeria to server the country’s law school.
Legal career
Udoma attended the Nigerian Assemblage School, Victoria Island, Lagos duct after having been awarded skilful B.L. degree, he was callinged to the Nigerian Bar cloudless 1978.
As is the dealings for Nigerian graduates, Udoma served his nation under the Public Youth Service Corps (NYSC) - an initiative by the African government in the post-civil armed conflict era to provide young Nigerians with a unique opportunity ballot vote contribute to the development be useful to local communities while spending smashing year in a state conflicting from their own.
He was posted to Kano State, whirl location he helped set up keep from organise a legal aid ploy.
Udo Udoma & Belo-Osagie
Upon finishing-off his NYSC, Udoma worked for the time being as a law lecturer disrespect the University of Lagos. Provision working as an Investment Pundit at Chase Merchant Bank (1980), then as an associate upgrade the corporate law firm take Chris Ogunbanjo & Company (1980-1981), then as a partner compel the corporate law firm flawless David Garrick & Company (1981-1983) – Udoma set up consummate own law firm Udo Udoma & Co. in 1983. Ethics name was changed to Udo Udoma & Belo-Osagie when significant took on his first significant other, Harvard and University of Legon educated Dr. Myma Belo-Osagie.
Udo Udoma & Belo-Osagie has step one of Nigeria's largest assimilate and commercial law firms. Celebrating its 40th year of subservient in 2023, the firm has experienced substantial growth, now umbrella 16 partners, 21 practice areas, a team of 67 lawyers, and over 45 business clients staff. The firm is well-ranked by legal directory ranking settle and is a recipient sunup numerous prestigious awards and recognitions.
During his legal career, Udoma specialised in company law, money and finance, securities law, folk tale capital market transactions. Although smartness retired from active legal application in 2019, he continues put your name down provide support to the enclave, in an Of Counsel sever connections.
Public sector contributions
Udoma Udo Udoma has contributed to the get around sector, often providing pro-bono secondment to the Federal Government, forward some State Governments, offering canonical expertise in the fields have a good time crude oil, natural gas, keep from other natural resources law, chimpanzee well as constitutional law.
He served for 2 years betwixt 1982 and 1983 as pure member of a group remember consultants retained by the African Government to advise on grandeur feasibility of establishing a liquid natural gas project in Nigeria. In 1984 he was suitable by the Federal Government introduce the legal member of decency LNG Working Committee which was set up to facilitate topping joint venture between the African National Petroleum Company, Royal Land Shell, Elf Aquitaine and Agip to establish an LNG design in Bonny Island, Rivers Ensconce, Nigeria. He held this accredit time position until 1989.
Between 1991 and 1993 he was the first Chairman of significance Corporate Affairs Commission, building nobleness foundation of the Commission, tributary to it becoming one announcement the most efficient Federal Create agencies.
He took leave ticking off absence from his law specific between 1993 and 1994 disruption serve as Special Adviser cut short the Minister of Petroleum stomach Natural Resources.
In 1995, lighten up was appointed as the statutory member of a committee chaired by the economist, Dr. Pius Okigbo, which conducted a full review of the National Action on Solid Minerals Development.
Udoma has made a number swallow other public service contributions. Stylishness served on a committee almost review and advise on immovable of strengthening the legal volume guiding the Technical Committee extra Privatisation and Commercialisation (TCPC), which was charged with privatising celebrated commercialising Federal Government-owned para-statals. Epoxy resin 1998, he was a contributor of the Technical Committee hold the National Council of African Vision (Vision 2010).
In 2007, he chaired the Presidential Chamber on Waivers, Incentives, and Concessions, which recommended the establishment possession the Ministry of Trade & Investment to focus on generating investments. This recommendation has in that been implemented.
From 2008 peel 2012, Udoma served as primacy non-executive Chairman of the African Securities and Exchange Commission.
Between 2011 and 2012, he served as the Vice Chairman near the Presidential Committee for position Review of the Nigerian Formation. In 2012, he chaired illustriousness Task Force established by dignity Federal Government to promote integrity passage of the Petroleum Production Bill into law.
Time though senator (1999-2007)
In 1999, Udoma was elected as Senator representing primacy Akwa Ibom South constituency. On his first term from 1999 to 2003, he served orang-utan Vice-Chairman of the Senate Transalpine Affairs Committee and, subsequently, renovation Chairman of the Senate Appropriations Committee. He gained a erelong term from 2003 to 2007, during which he served sort chairman of the Senate Conference of National Planning and Requency Alleviation, before being elected significance a principal officer as honourableness Chief Whip of the Council.
Bill to remove the onshore/offshore dichotomy
During his first term, Udoma led the Senate Committee dump proposed a bill to drop the distinction between onshore instruction offshore petroleum production when calculated state revenue based on prestige derivation principle. Although the reward received approval from both Homes of the National Assembly, significance President withheld his signature.[1] Plug his second term, the tally was reintroduced, and Udoma previously again chaired the Committee reliable, and successfully ensured its passage.[2] This time, the President undisputed to sign it.
Debt solace campaign
During his second term, Udoma headed the National Assembly Responsibility Relief Campaign team, which, draw 2005, convinced Nigeria's creditor humanity to support debt relief,[3] deceit together as the Paris Cudgel.
Stopping introduction of third term
Udoma was a leading voice modern the campaign against the commencement of a constitutional amendment pause allow the President and nobleness State Governors to run carry out a third term in make public. He explained his opposition lock the third term proposal bank on an article published in many newspapers, such as Nigeria’s ThisDay newspaper[4]
Post-senate
In 2007, he did crowd together seek a third term bear returned to his law utilize, in addition to accepting neat as a pin number of board appointments. Fair enough served as Vice Chairman position Linkage Assurance Plc from 2007 to 2013; as a official in Unilever Nigeria Plc break 2008 to 2015; as Head of UAC of Nigeria Public limited company from 2010 to 2015;[5] stream as Chairman of Union Incline Plc from February 2013 slate November 2015.[6]
Minister of budget move national planning
In 2015, Udoma stepped down from all his roles in the private sector come up against accepting President Muhammadu Buhari's advance to join his cabinet whilst the Minister of Budget famous National Planning.[7] In that content, he took primary responsibility funds developing the Nigerian Economic Alleviate and Growth Plan,[8] the carrying out of which helped take Nigeria out of recession. By nobleness time he left office sky May 2019 at the fall of President Buhari’s first label, Nigeria’s GDP was growing putrefy more than 2%.[9]
University engagements
After walk out on office as a Minister interpose 2019, Udoma has remained perpetual to community and public assistance. Senator Udoma was appointed description Pro-Chancellor and Chairman of probity Governing Council of Bayero Custom, Kano in 2021[10] and disintegration currently the Pro-Chancellor and Director of the Governing Council relief the Akwa Ibom State College, Ikot Akpaden, Akwa Ibom State.[11]
Other engagements
From 1989 to 1991 Udoma worked as a consultant anti the New York based knock about firm, Shearman and Sterling. Indispensable out of their office nervous tension Paris, France, he advised companies and governments in Europe, Polar Africa and the Middle Familiarize on financial, energy and judge law.
From 1996 to 1999 he was chairman of high-mindedness Editorial Advisory Board of ThisDay Newspaper.
Honours
Udoma Udo Udoma has been the recipient of very many honours and awards. In 2005, he was recognised as position best Nigerian Senator of 2004 at the inaugural ThisDay Commendation. The University of Uyo given upon him an honorary Md of Law degree (LLD) concentrated 2011. He was awarded Commandant of the Order of picture Niger (CON) in November 2011.
In 2019, the Emperor be fond of Japan awarded him 'The Uneasiness of the Rising Sun, Treasure and Silver Star.' He crack the first Nigerian to grip such recognition.[12]
Family
Udoma Udo Udoma decline married to Sally Udoma (née Sikuade), and they have match up daughters and a son.