Experts Call for Policy Changes to Boost Business Resilience

During a high-level policy breakfast session in Lagos, experts advocated for regulatory and policy practices to bolster business resilience in Nigeria. The event, hosted by the top-tier commercial law firm Udo Udoma & Belo-Osagie, focused on translating Nigeria's new industrial policy into tangible commercial outcomes while addressing legal and regulatory challenges.

Aniekan Ukpanah, a senior partner at Udo Udoma & Belo-Osagie, noted that the creation of the GRPP Practice Group is driven by strategic imperatives guiding corporate boards through the rapidly evolving regulatory landscape. He emphasized that modern business models are significantly impacted by state actions and the need for clients to navigate the intersection of law and policy.

The session also featured remarks from managing partner Jumok Lambo, who pointed out that operational bottlenecks dictate major boardroom decisions, particularly in the context of large-scale project financing.