Vice Chairman/Chief Executive
Olufemi Babalola, a lawyer, with particular interest in commercial law, has established himself as a note-worthy international lawyer. Olufemi has advised on several multi-million dollar projects, which include Nigeria’s rural telecom programme, Britain’s privatisation of London Electricity Board, etc.
He is known to have an entrepreneurial edge to his practice. He has successfully negotiated project finance for high value projects. He was the project legal adviser for the construction of Nigeria’s Maritime Resource Centre, a multi-million dollar project, serving Nigeria and West Africa. Olufemi is an entrepreneur with vision, determination and ability to understand complex project issues with focus on developing solutions that that are appropriate. A visionary, Olufemi took the idea of a new, green and safe cosmopolitan neighbourhood from the stage of idea, through planning and project stages to reality of creating an island city, that has first class infrastructure. The city will be a nest of comfort and serenity for its residents and a destination for wealth creation for the enterprises that call it their base.