Senior Partner
Paul Usoro, SAN is the Senior
Partner and founder of Paul Usoro & Co (PUC), a top commercial law firm. He
heads the Advocacy and Dispute Resolution Practice Group and the Communications
Section of the Firm. Paul Usoro is variously described as the go-to-counsel for
complex matters, be it litigation or commercial transactions and the foremost
communications lawyer in Nigeria with over 30 years’ experience in legal
practice.
He is a member of the NBA Legal Profession Regulation Review Committee set up in 2016. He was the founding chairman of the Communication Committee of the Nigerian Bar Association`s Section on Business Law. Paul is a consummate board room player and sits on the Boards of several top companies. He is a fellow of the Chartered Institute of Arbitrators, and a member of the International Bar Association and the Federal Communications Bar Association, United States of America.
Paul was born in Ukana Ikot
Ntuen town in Essien Udim LGA of Akwa Ibom State on 07 September 1958. He studied
Law at the University of Ife, Ile-Ife (now Obafemi Awolowo University,
Ile-Ife), Osun State, Nigeria where he obtained his Bachelor of Laws degree
(with Honours) in 1981. He was called to the Nigerian Bar in 1982. During his
compulsory National Youth Service Corp (NYSC) he had a stint with the Benue
State House of Assembly and thereafter served at George Uloko & Co in
Makurdi where he cut his teeth in advocacy practice. In 1983, he joined Sani
Mohammed Kuso & Co in Kaduna. His hard work and intellect resulted in a
rapid elevation to Head of Litigation, leading the Firm in complex litigation
matters including about 12 (twelve) House of Assembly election petitions in
Niger State sequel to the 1983 elections and also the representation of 3
(three) key persons before the Awoniyi Commission of Inquiry in Niger State in
1984.
In 1985, Paul founded PUC in
Kaduna. In 1992, the headquarters of PUC was established in Lagos with the
Kaduna office still operational until 2003 when the northern operations were consolidated
into a new branch office in Abuja. Today, PUC is a full-service Nigerian law
firm, with its principal office in Lagos, and 2 branches in F.C.T., Abuja; and
Uyo, Akwa Ibom state.
Paul Usoro, SAN was elevated to
the Inner Bar as a Senior Advocate of Nigeria in 2003. Mr Usoro has
continued to develop himself through relevant post graduate executive courses,
including Leadership Best Practices training at Harvard
Business School in Boston, USA and Finance for Executives
Program at the Fontainebleau Campus of INSEAD in
France. In 2001, Paul earned his preferment as Fellow of the Chartered
Institute of Arbitrators. He is a member of the Nigerian Economic Summit Group.
Paul is a nationally acclaimed
litigator and transaction expert whose expertise covers the entire gamut of
commercial practice including finance, banking, oil and gas, power, election
petition and communications practice areas. He represents domestic and
multinational companies, public agencies, governments and inter-governmental
institutions in various sectors.
Paul’s skills and prowess as a
litigator and strategist are nationally and internationally acknowledged. The
rank of Senior Advocate of Nigeria (SAN) is in recognition of his advocacy
skills. Paul’s litigation practice (election petitions, real property, criminal
matters, oil and gas, commercial litigation) cuts across all the superior
courts in Nigeria with a vibrant appellate experience. A passionate and
intellectual advocate - multinational companies, Nigerian blue-chip companies,
political parties/election candidates and high net worth individuals routinely
seek Paul’s litigation support and experience. A brief highlight of a few
matters handled by him is presented hereunder:
The advocacy experience of Paul
Usoro is very robust and diverse. Paul leads the Litigation Group of the firm
and is personally involved in representation and drafting of processes for
virtually over 270 matters pending before various superior courts as at October
2018. The various matters span all the areas of law including real property,
criminal, tort, industrial relations, election petition, taxation, and
commercial litigation.
Transaction Experience
Apart from earning his stripes
as a seasoned and exceptionally skilled advocate, Paul is an experienced
transaction lawyer whose records and accomplishments include the
world-acclaimed, first-ever and all-round successful Nigerian Digital Mobile
Spectrum Auction conducted in 2000. The transaction earned the Federal
Government of Nigeria US$855,000,000.00 for 3 Digital Mobile Licences. Paul is
indeed generally acknowledged as Nigeria’s leading communications lawyer.
As an ICT law expert, Paul has
been involved in virtually all major transactions and regulatory reforms in the
Nigerian communications sector. In 2003, Paul Usoro drafted the Nigerian
Communications Act 2003, a robust and enduring piece of legislation that
regulates the communications industry till date. He has been the primary
adviser to the Nigerian Communications Commission (NCC) in most of its reform
initiatives till date. He served as Legal Consultant to NCC, and was the only
African and the sole Legal practitioner in the six-member Auction Control Team
for the Global Systems of Mobile Communications (GSM) Spectrum Licence Auction
that introduced Econet Wireless Networks Limited (now Airtel), MTN
Communications Limited and NITEL GSM to the Nigerian market. Additional
core ICT regulatory and transaction experiences are highlighted hereunder:
On account of Paul’s
acknowledged eminence as Nigeria’s leading Communications Lawyer, Akwa Ibom
State Government appointed and relied on him to manage its portfolio investment
in Airtel in 2001. Paul negotiated this investment, valued as at the date of
entry at the sum of US$75,000,000.00. Up to May 2006, Paul sat on the
Board of Airtel as a Director representing Akwa Ibom State. Akwa Ibom
State Government cashed out most of its investments in this enterprise in 2006,
in the transaction by which Celtel BV successfully invested over
US$1,000,000,000, by way of share purchase from existing shareholders and
injected fresh capital into Airtel (“Celtel Transaction”), which transaction
was chiefly negotiated by Paul. The State indeed made multiple returns on its
investment amount.
Paul led the Airtel
Shareholders Committee in negotiating the Celtel Transaction as the Committee
Chairman, which, at the time, ranked as one of the biggest private sector
equity transactions in Nigeria’s history. Paul represented the interest of all
the shareholders which included three Nigerian State Governments and blue-chip
corporate citizens like First Assets Limited, a wholly-owned subsidiary of
First Bank of Nigeria Limited. It is a testimony to Paul’s leadership quality
that Celtel BV insisted after the Transaction that he remains on the Board even
though Akwa Ibom State Government whom he initially represented had about sold
out completely from the Company.
Celtel BV in 2010 sold out its
equity entirely to the Bharti-Airtel Group of India resulting again in the
reorganization of the Airtel Board. Again, Bharti-Airtel, the new 65%
owners of Airtel insisted that Paul remains on the Board of the Company where he
chaired the Audit Committee until 2018.
A founding Secretary General,
Telecommunications Law Association, Mr Usoro was named ‘Best Pan African
Telecoms Lawyer of All Times’ by the IT and Telecom Digest, Nigeria’s leading
and one of Africa’s foremost ICT magazines.
Boardroom Experience
Paul is a consummate boardroom
person whose deep analytical mind and illustrious leadership skills are well
appreciated in all the Boards he sits. He has, at various times, served on the
Boards of several companies such as Premium Pensions Ltd, CR Services (Credit
Bureau) Plc (representing Zenith Bank Plc), Nigerian Bulk Electricity Trading
Plc, Airtel Nigeria Limited, Marina Securities Ltd (currently known as Marina
Mars Principal Investments Limited). He currently sits on the Boards of PZ
Cussons Nigeria Plc and Access Bank Plc.
Paul was a pioneer director of
Airtel Nigeria Limited, Nigeria’s leading mobile telephone company, having been
appointed to the Company’s Board in 2001, then known as Econet Wireless
Networks Limited. The company has over the years undergone major ownership and
structural changes prior to being acquired by Bharti Airtel of India in
2010. Paul also headed the Board’s Audit Committee since the entry of
Bharti Airtel till 2018.
Between 2008 and 2014, Paul
served as a director on the Board of Premium Pensions Limited, a leading
Nigerian pension funds administrator and was, throughout the entire period, the
Chairman of the Board’s Audit Committee. He also served on the Board of CR Services
(Credit Bureau) Plc, Nigeria’s credit-rating organization, representing Zenith
Bank Plc thereat. Paul has served on the Board of Marina Securities
Limited since 2011 and also served as the
Chairman of the Company.
As a director of Access Bank
Plc, one of Nigeria’s leading banks, from 2014, Paul chairs the Board’s
Remuneration Committee and Governance & Nomination Committee. He also
serves as a member of the Board’s Audit Committee, Risk Management Committee
and Credit & Finance Committee. Paul was appointed as a director of PZ
Cussons in 2011; he chairs the People & Governance Committee of the
Board.
Public Service
The erstwhile President of
Nigeria, Dr. Goodluck Jonathan, GCFR, in 2011, appointed Paul as a pioneer
director on the board of Nigerian Bulk Electricity Trading Plc (NBET) –
Nigeria’s sole power trading organization, fully-owned by the Federal
Government of Nigeria. The NBET Board was, at that time chaired by the
then Nigeria’s Minister of Finance and the Coordinating Minister of the
Economy, Dr. Ngozi Okonjo-Iweala, with the Minister of Power as a member.
Paul was also the pioneer Chairman of the NBET Board’s Audit Committee.
In 2012, Paul was appointed by
the Minister of Communications Technology into a select Ministerial Committee
for the review of Nigeria’s ICT Policy and he played a key role in that
Committee’s work. The final product of the committee was eventually approved by
the Federal Executive Council.
Paul is on the Faculty of the
Nigerian Institute of Advanced Legal Studies as an astute trainer on
telecommunications law and practice. Accordingly, he has delivered several
papers at NIALS’ workshops, seminars and training sessions. To mention but a
few, the following papers were personally presented by Paul while about 5
(five) papers, due to conflict in schedule, were presented on his behalf by his
colleagues in the office:
NBA Activities
Paul is currently the President
of the Nigerian Bar Association. He has always been a committed and active
member of the NBA and the International Bar Association. He attends most NBA
Annual General Meetings and National Executive Committee (NEC) Meetings.
Paul is an active member of the
NBA Legal Profession Regulation Review Committee set up in 2016. PUC fully
sponsored the Elders’ Night of NBA Lagos Branch 2017 Law week and routinely
sponsors Lagos Bar events. Paul hosted NBA NEC members and senior lawyers in
Uyo, Akwa-Ibom State in November 2014 and responds positively whenever requested
to sponsor and/or participate in Akwa Ibom and Cross River States’ Bar
activities. Paul’s Firm was the sole sponsor of one of the most attended
Break-out sessions at the 2017 NBA Conference: “Emerging Trends in Global Legal
Practice”. PUC paid for travel costs of the four (4) foreign speakers who made
presentations at the session.
Paul was the pioneer Chairman
of the Communications Committee of the NBA Section of Business Law (“SBL”).
Supported by Paul, PUC is actively involved in the sponsorship of SBL
activities. The Firm produced the Chairman of the SBL between 2010 and
2011, with the total support of Paul Usoro, SAN.
PUC regularly pays annual
practicing fees and branch dues for its over thirty-five lawyers. Paul has
presented several papers at NBA programs, using the platform to share knowledge
with old and young lawyers. Some of these papers include:
· “Migrating from Crude Oil Dependency to an
Agro/Industrialised Economy as a Way out of Depression 2018” Lead
Presentation at the Nigerian Bar Association (Calabar Branch) Law Week.
· “The Place of Pupillage and Mentorship in
the Future of Legal Practice in Nigeria 2018” Lead Presentation Nigerian
Bar Association (Makurdi Branch) Law Week.
· “Imperatives of Restructuring in Nigeria
2018” Lead Presentation at the Annual Bar Dinner OF THE Nigerian Bar
Association (Uyo) in Akwa Ibom State.
· “Frontloading
under Akwa Ibom State High Court (Civil Procedure) Rules 2009”. Lead
Presentation at Joint Workshop by the 3 Nigerian Bar Association Branches (Uyo,
Ikot Ekpene and Eket) in Akwa Ibom State.
· “E-Legal
Practice and the Prospects of Litigation in Nigeria”. Lead Paper presented
at a Session of the Nigerian Bar Association’s Section of Legal Practice Maiden
Conference in Abuja.
· “Licensing
Procedures under Communications Act 2003”. Paper presented at the
Nigerian Bar Association, Port Harcourt Branch Bar Seminar/Law Week in Port
Harcourt.
· “Emerging
Nigerian Communications Industry and the Role of Lawyers”. Paper
presented at the 2004 Annual Conference of the Nigerian Bar Association held in
Abuja.
PUC’s Support for
Lawyers’ Wellness
For ten (10) years and
counting, PUC sponsors the Lawyers’ Table Tennis Open (Mfon Usoro Cup),
nicknamed the largest sporting event among lawyers. LTTO is a Table Tennis
tournament open to lawyers from within and outside Lagos. Travel and
accommodation cost for out-of-town lawyers are underwritten by PUC. The 10th
edition of this tournament will hold in October 2018. Prizes include fully paid
return flight ticket to the International Bar Association (“IBA”) Conferences
and other attractive prizes for 2nd and 3rd positions.
Papers and Scholarly
Works
Paul has presented various
papers and scholarly works on key legal and regulatory issues. Some of these
include:
· “Telecommunications
Law and Regulations”. Paper presented at the Legal Advisers/Law Officers
Course organized by the Nigerian Institute of Advanced Legal
Studies.
· “Drafting
Commercial Agreements and Banking Documents: Telecommunications Contracts”.
Paper presented annually from 2003 to Course participants at Nigerian Institute
of Advanced Legal Studies, Lagos Campus.
· “Frontloading
under Akwa Ibom State High Court (Civil Procedure) Rules 2009”. Lead
Presentation at Joint Workshop by the 3 Nigerian Bar Association Branches (Uyo,
Ikot Ekpene and Eket) in Akwa Ibom State.
· “E-Legal
Practice and the Prospects of Litigation in Nigeria”. Lead
Paper presented at a Session of the Nigerian Bar Association’s Section of Legal
Practice Maiden Conference in Abuja.
· “Licensing
Procedures under Communications Act 2003”. Paper presented at the
Nigerian Bar Association, Port Harcourt Branch Bar Seminar/Law Week in Port
Harcourt.
· “Emerging
Nigerian Communications Industry and the Role of Lawyers”. Paper
presented at the 2004 Annual Conference of the Nigerian Bar Association held in
Abuja.
· Creating
an Enabling Legal Environment for Information Technology.
Presented at NITDA organized “E-Nigeria” Workshop in Abuja.
· Nigerian
Issues on Interconnectivity Arrangements. Presented
at the International Conference on Electronic Commerce and Telecommunications
in Lagos.
· Commentary
on Paper presented by Chief E A O Idowu titled “Bills of Lading: Practical
Implications – Today and Tomorrow”. Commentary made
at 6th Annual Maritime Seminar for Judges in Abuja.
· Legal
Significance of and Issues on Electronic Bill of Lading.
Presented at the Annual Maritime Seminar for Judges in Abuja.
· Legal
Framework for Introduction of E-Commerce.
Presented at US Embassy organized CTO Week in Lagos.
· Digital
Mobile Licence Auction: The Success Story and the Challenges therefrom. Presented
at the Lagos Business School in Lagos.
· Drafting Commercial Agreements Banking Documents: Telecommunications Contracts. Presented
at Nigerian Institute of Advanced Legal Studies, Lagos.
Personality
It is a testimony to Mr Usoro’s
leadership skills, integrity, accountability, independent, analytical mind that
he has consistently been given the responsibility of chairing the Audit
Committees of the Boards of Companies he sits on -– a key and strategic committee
of any Board (chaired Airtel’s Board Audit Committee, chaired Premium Pensions
Limited Board Audit Committee and chaired NBET Board Audit Committee). He is a
member of Access Bank’s Board Audit Committee. His leadership qualities and
illustrious nature was evidenced by his Chairmanship of the Board of Directors
of Marina Mars Principal Investments Limited .
Paul is a natural leader. Even
at a young age, he contested for and won the Presidency of the Law Society of
Ife, becoming the first student from Nigeria’s ethnic minorities as at that
time to occupy such office. He breaks down barriers and glass ceilings.
Paul is a peoples’ person, a
consensus builder and a master strategist. He knows no stranger, welcomes and
accommodates all. Even where Paul is invited by clients on a salvage mission,
he always encourages the client not to disengage the counsel previously engaged
on the matter, promising to work with the counsel for and in the interest of
the client.
Paul is known for his ability
to effortlessly function as a team player and a team leader. His keen attention
to details and talent for logical analysis, even under the riotous waves of
pressure, have produced, and will keep producing towering achievements. As a
matter of practice and personal conviction, Paul believes in and is committed
to youth empowerment, diversity and inclusion. New hires in PUC being post NYSC
enjoy six figures start salaries and are encouraged to tap into the sustainable
growth scheme of the firm. One such counsel grew from entry level post youth
service to the position of a partner. Paul’s hard work, tenacity and
industriousness has catapulted PUC, founded by him in 1985 to one of the top
tier law firms in the country. Paul is a role model for and source of
inspiration to colleagues. He is a man who is unafraid of challenges; a
brother, selfless in his doings; a self-motivated motivator, a dogged and
tenacious fighter who never relents until he gets a positive result; and these,
among other things, have made him the primus inter pares.
Paul is an extraordinarily
intelligent but unassuming master strategist with the innate ability to
associate and connect with people from all walks of life. His calm mien
naturally endears him to people. His life story does not admit “impossibilities”,
from a first-generation graduate to a founder of a top tier law firm, to a
boardroom guru, to a Senior Advocate of Nigeria, to a President of the Nigerian
Bar Association, to a trail blazer and mentor for several. Paul’s Midas touch
makes him a much sought-after professional, in Nigeria and internationally.
Paul has a kind heart and a large capacity to empathize. He offers financial
assistance to people in need and those who are not in want. Paul has withheld
consent for the mention of his several charitable donations and assistance to
persons from every ethnic nationality in Nigeria.
Paul’s tranquil, self-effacing
and humble disposition belies his extensive national and international network of
contacts and friends. He has appeared in court and represented clients in
Kaduna, Kano, Abuja, Malumfashi, Katsina, Jos, Kafanchan, Makurdi, Minna,
Calabar, Port Harcourt, Enugu, Uyo, Benin, Asaba, Ondo, Ogun, Ikere-Ekiti,
Ibadan etc., and of course, Lagos. He remains loyal to friends he has made
along the way throughout his life and career. Paul does not hesitate to invite
his network of high net-worth friends to support a course he champions and
believes in.
Paul’s practice has opened up
opportunities and relationships for him with Federal and State institutions,
blue chip private sector companies, international firms and organizations and
high net-worth individuals. His life and actions truly demonstrate consistency,
propelled by genuine altruism.
Family Life & Hobbies
Paul Usoro, SAN, a devoted and
loving husband and father, is married to Mfon Ekong Usoro and they are blessed
with two children, one of whom is a legal practitioner, a member of the NBA and
of the New York Bar. He likes swimming, jogging and reading.
Areas of Practice
Advocacy and Alternative Dispute Resolution
Banking and Finance
Communications
Project Finance
Energy and Environmental Law
Education:
Nigerian Law School, 1982
University of Ife, 1981
Career:
Paul Usoro & Co, 1985 till date
Sani Mohammed, Kuso & Co, 1983-1984
George Uloko & Co, 1982 -1983
Professional
Memberships:
Nigerian Bar Association (President)
Chartered Institute of Arbitrators (Fellow)
Founding Chairman, Communications Committee, Section on Business Law
International Bar Association
Authorship/Publications/Presentations:
Censorship and Regulation of the Internet: Is it Feasible?
E-legal practice and the prospects of litigation in Nigeria
Licensing procedures under Communications Act 2003
Creating an Enabling Legal Environment for Information Technology
Legal Significance of and issues on Electronic Bill of Lading
Drafting Commercial Agreements and Banking Documents: Telecommunication
Contract
Digital Mobile Licence Auction: The Success Story and the challenges
therefrom
Contemporary Legal Issues: National Industrial Court. Right of
Communication Service Providers
The Legal Framework: Creating an appropriate Regulatory Environment for
Electronic and Mobile Commerce.
Investing the proceeds of Legal Practice
International Developments in Oil and Gas
Review of the National ICT Policy
Equity Price Manipulation in Nigeria: Legal Issues