Babatunde Osadare | Chief Legal and Regulatory Officer
Ikeja Electric

Babatunde is an energy professional that is passionate about providing energy solutions wherever required. He has worked and advised in the delivery of various transactions across several sectors including power, oil, gas, real estate, corporate finance, dispute resolution and business startup advisory. He is highly emotionally intelligent and able to utilize his skill in providing bespoke solutions. In the energy value chain, Babatunde has provided valuable advice in the oil, gas and power sectors. He played a key role in advising and documenting the approximately $800 million acquisition transaction deal for the Sahara Group in acquiring significant equity in generation and distribution companies in Nigeria during the country’s privatization exercise. He has since then been very active in shaping and crafting policy and regulatory interventions in the electricity value chain including the various government mass metering initiatives, liquidity intervention facilities, and transition to bilateral contracting in the energy market. In view of his passion for the energy sector, he has continued to provide legal and regulatory advice across the upstream and downstream value-chain of the sector. Babatunde is currently the Chief Legal and Regulatory Officer for Ikeja Electric Plc. He provides dynamic leadership for his team of lawyers handling various matters from government relations and stakeholder management; contract and dispute resolution management; regulatory compliance, data privacy and alternative energy advisory. Part of his innovative work is the structuring of the willing buyer-willing seller (bilateral power) framework designed to provide reliable power to end-use customers, hinged on the payment of cost-reflective tariffs within the context of an industry struggling with price regulation and lack of service. The work of his Team has been recognized within the energy community having won the Esq. 2019 In-house Energy Team of the year. He holds a law degree from the University of Lagos as well a Masters degree in International Business Transactions from the world-renowned Centre for Energy, Petroleum, Mineral Law and Policy, University of Dundee, UK. Babatunde is a frequent seminar and workshop speaker. He has written many articles and is a member of several professional associations.