Dr. BAYO ADARALEGBE
Education and Qualifications
LL.B (Hons) University of Ife (now Obafemi Awolowo University)
LL.M (with Distinction) in Petroleum Law & Petroleum Policy, CEPMLP University of Dundee
Ph.D in International Investment Law, the CEPMLP, University of Dundee
BL, Nigerian Law School
Energy and Extractive Industry
Litigation and Dispute Resolution
Bayo is a Partner and Head of the firms’ Energy and Extractive Group. He is listed in the ‘’Who’s Who Legal’’ directory as one of the top Oil and Gas law specialists in Nigeria and by the ‘’Legal 500 Europe, Middle East and Africa’’ directory as highly regarded for his scholarship and counsel. In addition to his legal background, Bayo also has some business training, having taken Corporate Finance Management, Financial Accounting, and Strategic Business Planning courses (to mention just a few), to qualify as a Chartered Secretary and Fellow of the Chartered Institute of Secretaries & Administrators, United Kingdom (FCIS). Earlier in his career, Bayo was Legal Adviser and Company Secretary in a bank. He is a Notary Public for Nigeria.
Bayo speaks regularly at International and local conferences and has published articles in leading globally acclaimed journals , including “Journal of World Energy Law and Business” (JWELB,) a joint publication of Oxford University Press and AIPN), “Journal of Energy and Natural Resources Law” (publication of the IBA), “International Energy Law Review Journal” (publication of Sweet & Maxwell), “Arbitration International Journal” and “Journal of International Arbitration” (publications of Kluwer Law International), the Arbitrator (publication of the Chartered Institute of Arbitrators, UK) and Journal of World Investment & Trade. His works have been cited with approval in leading International academic books.
Bayo also has editorial responsibilities. He is a pioneer member of the editorial team of JWELB, and part of the editorial teams of Oil, Gas and Energy Law Intelligence (OGEL), Transnational Dispute Management (TDM) and the Nigerian Monthly Law Reports (NMLR). He is also Energy Law columnist of ThisdayNewspaper, one of Nigeria’s widest circulating daily newspapers.
Notable Work Undertaken
Bayo’s diverse professional background and training in law, business and policy allows him to advise the public and private sectors in Nigeria’s Upstream and Downstream Petroleum Industry, regularly. He recently led a team of lawyers that advised the House of Representatives on legal as well as policy aspects of the Petroleum Industry Bill. He also provides advisory legal services to the House of Representatives (Sub-Committee on Local Content) on the newly enacted Local Content Act.
Bayo regularly advises Oil majors, independents, indigenous and foreign investors on various aspects of Nigeria’s Oil and Gas laws. He is also involved in the dispute settlement of Oil and Gas and foreign investments. He has been involved in a number of arbitral proceedings relating to Oil and Gas and infrastructure. Bayo has also served as an expert witness in an Aliens Torts Claims Act initiated litigation in a Federal District Court in the United States.
Selected relevant publications/Conference presentations:
“Mergers in the International Petroleum Industry: Legal Aspects on the Operations of Petroleum Development Companies in Nigeria” Journal of Energy & Natural Resources Law, 2003
“Navigating Dispute Settlement Claims in Nigeria’s Oil Sector" Oil, Gas, Energy Law Intelligence, 2007
"Nigeria’s Foreign Oil Companies: Are They Really Nigerian or Foreign?" Oil, Gas, Energy Law Intelligence, 2007
“Litigating Oil Pollution Claims: Are US Courts Really Viable”? Alexander’s Gas & Oil Connections, 2006
“Methods of Dispute Settlement for State Contracts in the Nigerian Petroleum Industry”. Arbitration Journal of the Chartered InstituteofArbitrators, UK, 2003
“Challenges in Enforcement of Arbitral Awards in the Jurisdiction of Capital Importing Sates: Nigeria’s Experience” Journal of International Arbitration, 2006
“Limitation Period for the Enforcement of Arbitral Awards in Nigeria” Arbitration International, 2006
“Special Project Vehicles in International Project Finance: Are they Road Worthy?" Chapter contribution Infrastructure Projects: Current Financing Trends (ICFAI University Press, 2006).
“Stabilizing Fiscal Regimes in Long Term Contracts: Recent Developments from Nigeria” Journal of World Energy Law & Business, 2008
“Foreign Private Participation in the Electricity Sector of Developing Countries: What Works? An Examination of Nigeria’s Reformed Electricity Sector” Journal of World Investment & Trade, 2009
“The Nigerian Content Act: Does it have Protectionist Tendencies?’’ -Presentation at workshop organized for the House of Representatives Nigerian Content Committee, December 2013.
‘’Regulating West Africa FPSO Market: an Ocean of Opportunities or a Troubled Deep Water?’’- Presentation at FPSO Hot Spots West Africa Conference, 2013.
‘’Appraising the Effectiveness of the NOGCD Act in Nigeria Content Development’’- Presentation at Nigerian Content Board Senior Management Retreat, January 2015.
Membership of Professional Bodies
Fellow, Energy Institute, United Kingdom (FEI, the first Nigerian Legal Practitioner to be so honoured)
Fellow, Chartered Institute of Arbitrators, United Kingdom (FCIArb)
Fellow, Chartered Institute of Secretaries and Administrators, United Kingdom (FCIS)
Member, Nigerian Bar Association
Member, Association of International Petroleum Negotiators (AIPN)
Member, International Bar Association Section on Energy, Environment, Natural Resources and Infrastructure Law.