Banwo & Ighodalo

Projects & Energy

2 ranked lawyersBand 1NigeriaGlobal 2021 View ranking table
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department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

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What the team is known for

Well-regarded team with a strong cohort of experienced projects and energy lawyers who specialise in the acquisition and disposal of oil and gas assets, the construction of industry facilities and gas supply arrangements. Possesses further experience in the power sector, with an emphasis on renewable energy issues. Well positioned to represent an array of clients in local and cross-border transactions and project development mandates.


Market commentators highlight that the "team brings specific sector knowledge, as well as a strong legal and regulatory knowledge, and deliver fit-for-purpose solutions accordingly."

One interviewee stated: "They clearly know the ins and outs of Nigerian law with regards to finance, governance and compliance."

Work highlights

Acted as Nigerian counsel to Seven Energy Group on the divestment of its key assets in Nigeria to British oil and gas firm Savannah Petroleum.

Notable practitioners

Managing partner Kenneth Etim fields expert knowledge in project financing matters, representing a diverse range of clients from the electricity and oil and gas markets. His exceptional abilities earn him the status among sources as a "fantastic negotiator."One market insider said: "He brings his experience to bear in solving complex issues that we have today in the sector."

Stella Duru possesses a wide-ranging practice in the energy and natural resources space, covering all aspects of oil and gas transactions and project financing matters. One interviewee stated: "She has a solid reputation in Nigeria and is a good person to have on one's side while navigating the legal landscape in the country."

Department Information

This content is provided by Banwo & Ighodalo.


Banwo & Ighodalo’s Project & Energy team comprises highly skilled and experienced lawyers with vast knowledge in transactions related to project development and the energy sector. The team has advised on numerous transactions including the acquisition and construction of oil and gas facilities; corporate restructuring within the Energy sector; crude/gas supply arrangements; development of power projects; gas monetization and utilization projects as well as acquisition, construction, financing and lease of real property in Nigeria.

Our clients include governments, national oil companies, international oil companies, marginal field owners, public and private companies, private equity and corporate investors, financial institutions and foreign law firms. The team advises the national oil company on its forward sale and prepayment transactions for the funding of its exploration and production activities and project development. Historically, we advised on the privatisation of the Nigerian power sector and establishment of the Nigerian Electricity Regulatory Commission.

Recently, the team advised the Federal Government of Nigeria on the sale of Afam Genco (which comprises of Afam Power Plc and Afam Three Fast Power Limited) to Transcorp Power Consortium for N105,000,000,000; and is presently advising contractors and financiers in connection with the conceptualization, structuring, development, construction and financing of the Ajaokuta-Kaduna-Kano pipeline.


Achunine, Peter

Adebowale, Tobi

Agbesuyi, Oluwatoyin

Ajiboye, Ibiyemi

Akinbode, Akindeji

Ariyibi, Oluwaseun

Mudele, Oluwatosin

Ogedegbe, Destiny

Ojuawo, Kehinde

Okesola, Aishat

Oshikoya, Olamide

Osundolire, Olumide

Sanusi, Adetutu


Black Rhino

BlackRose Partners

Bureau of Public Enterprises

Chevron Nigeria Limited

Corona Schools Trust Council

Everty Nigeria Limited

Family Home Funds Limited

General Electric Corporation

Greenville Oil and Gas Company Limited

Karpower International B.V.

Mantrac Nigeria Limited

Mobil Producing Nigeria Unlimited

Mulak Energy Limited

ND Western Limited

Niger Delta Petroleum Resources Limited

Nigeria Agip Oil Company Limited

Nigerian National Petroleum Corporation

Oriental Energy Resources Limited

Promasidor Nigeria Limited

Sahara Field Production Limited

Seplat Petroleum Development Company Plc

Seven Energy Group

Several banks and financial institutions

Shell International B.V.

Shoreline Natural Resources Limited

Siemens Limited

Skypower Global

The World Bank Group

Total Exploration and Production Nigeria Limited

Trennco Power Limited




Financial Services




Oil & Gas


Public Sector


Projects & Energy Department

Banwo & Ighodalo

Department location

48, Awolowo Road,

South-West Ikoyi




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Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.


Projects & Energy

Kenneth Etim
Band 1
Stella Duru
Band 3