Olasupo Shasore appointed Chair of Federal Govt Legal Audit Committee

On AGDP Agreements and Other High-Profile Arbitration Matters

We are pleased to announce the appointment of Olasupo Shasore, SAN – Senior Partner at ALP NG & Co., as Chair of the Federal Government Legal Audit Committee for Agreements and MOUs on 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗲𝗱 𝗚𝗮𝘀 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀 (𝗔𝗚𝗗𝗣𝘀) and other high-profile commercial arbitration matters. The Committee, inaugurated by the Attorney-General of the Federation, Prince Lateef Fagbemi, SAN, on Friday, 8th November 2024, is tasked with ensuring that Nigeria’s gas resources are managed securely and strategically.

A significant part of the Committee’s mandate includes reviewing concluded high-profile arbitration cases to identify the causes of Nigeria’s exposure in those cases, with a view to making recommendations for avoiding similar situations in the future. This oversight will help align AGDP agreements with the Nigerian Gas Master Plan, advancing domestic gas growth and safeguarding Nigeria’s interests in international contracts and disputes.

Alongside Mr. Shasore, the Committee comprises Mrs Folashade Alli SAN, C.ARB, of Folashade Alli & Associates; Mr. Tolu Obamuroh of White & Case; Muyiwa Balogun of Olaniwun Ajayi LP; ES NURPC; and senior officials from NNPCL and the Federal Ministry of Justice.

We congratulate Mr. Shasore, SAN, and the entire team on this crucial assignment to strengthen and protect Nigeria’s commercial and legal standing in international fora.