The Nigerian Bar Association Section on Business Law (NBA-SBL) concluded its 18th Annual International Business Law Conference on the 28th June, wrapping up a series of dynamic and informative sessions designed to empower legal practitioners and businesses. Themed “Survive and THRIVE,” the conference provided attendees with critical insights into various aspects of business law and the economy.
The day began with breakout sessions:
Breakout Session 1: Tackling the Power Deficit – Is Renewable Energy the Solution?
Moderated by Mrs. Dolapo Kukoyi, this session explored renewable energy as a potential solution to Nigeria’s power deficit. Speakers included Mr. Seyi Bioku (virtual attendance), Mr. Dafe Akpeneye, Ms. Ozim Ifeoma Ibeziako, Ms. Ozioma Agu, and Mr. Abba Aliyu.
Breakout Session 2: Infrastructure Development and Economic Sustainability – A Case for Special Economic Zones
Moderated by Mr. Dapo Oduwole, this session examined the role of special economic zones in driving infrastructure development and economic sustainability. Panelists included Dr. Olufemi Ogunyemi, Mrs. Bolatito Ajibode, Mr. Mu’azu Musa Sahabi, Mr. Abiola Osho, and Mr. Yomi Ademola.
Breakout Session 3: Cybersecurity & Data Privacy in the Age of AI – Legal Considerations
Moderated by Mr. Olatunji Muritala, this session focused on the legal implications of cybersecurity and data privacy in the era of artificial intelligence. Speakers included Mr. Olumide Babalola, Ms. Rachel Magege (virtual attendance), Mr. Noble Obasi, Mrs. Ngozi Aderibigbe (virtual attendance), Mr. Victor Famubode, and Ms. Adamma Isamade.
Breakout Session 4: Balancing Act – Responsible Gambling Regulation in a Thriving Sports Betting Industry
Moderated by Mr. Ayokunle Adetula, this session addressed the regulatory challenges and responsibilities associated with the booming sports betting industry. Panelists included Mr. Lanre Gbajabiamila, Mrs. Beverly Agbakoba-Onyejianya, Mr. Layi Onafowokan, and Mr. Chizenum Nsitem.
Breakout Session 5: Unlocking the Potential of Real Estate Investment Trusts in Nigeria
Moderated by Mr. Ismaila Usman, this session delved into the opportunities and challenges in Nigeria’s real estate investment trust sector. Speakers included Hajiya Saadiya Aliyu Aminu, Mr. Ezekiel Nya-Etok, Mr. Gbenga Ismail, and Hajiya Sa’adatu Aliyu.
Breakout Session 6: The Untapped Potential of the Blue Economy
Moderated by Ms. Kashimana Tsumba, this session explored the blue economy’s potential in Nigeria and how it will help the governments create huge opportunities which in turn will create new sources of revenue that may contribute to the implementation of development plans and reduce donor dependency on national budgets. It featured insights from Dr. Emeka Akagbogu, Mr. Olanrewaju Badmus, Ms. Boma Alabi, OON, SAN, Ms. Joy Asanga-Dimka, and Mr. Jibril Abba.
Following the breakout sessions was Plenary Five: Session with Past NBA-SBL Chairs. Moderated by Ms. Ozofu Ogiemudia vice chair NBA-SBL, the session reflected on the NBA-SBL’s past achievements and future directions. Mr. George Etomi, founding chairman of the SBL, reminisced about the organization’s inception and expressed joy at its growth.
He attributed the success of the SBL to hard work and dedication and commended the current chairman and planning committee for organizing an excellent conference. Mr. Adeoye Adefulu also shared his positive reflections on his SBL’s journey and encouraged young lawyers to engage actively, stating that the future of the SBL lies in their hands.
Next was Plenary Six: Mental Health – Moment of Truth: Are We Burning Out?
Moderated by Ms. Sylvia Nzekwu, this session addressed mental health and burning out in the legal profession, particularly in light of the current economic situation. Insights were provided by Mr. Omoruyi Edoigiawerie, Ms. Maimuna Ummi, Ms. Ayodele Adeyemi-Faboya, Ms. Tosin Ajose, Ms. Oyiza Salu, and Mr. Jamiu Akolade. The session encouraged attendees, especially young lawyers, to stay focused and resilient in their careers and to seek therapy if needed.
Following this were the conference debates. The day concluded with 2 lawyers winning the Tare Yeri Award and 1 winning the Oludamola Awobokun Recognition. The Tare Yeri Award was for dedication, selfless contribution and unwavering commitment towards the development of the NBA-SBL. While the Oludamola Awobokun Recognition was for embodying diligence, consistency, hard work, and efficiency in the NBA-SBL. Closing remarks and recognitions by the CPC Chair, Ose Okpeku and the NBA-SBL Chairman, Mr. Adeoye Adefulu, marked the official end of the conference. The conference ended on a high note in a lively celebration party for the NBA-SBL’s 20th anniversary.
The NBA-SBL remains committed to providing a platform for legal professionals to exchange knowledge and foster growth in the field of business law.
For further information and updates on the conference, visit the NBA-SBL website at www.nbasbl.org or contact the Conference Secretariat at info@nbasbl.org. Follow us on social media platforms to stay updated. Please visit NBA-SBL on Instagram – @nbasbl and Twitter – @nbasblofficial.