Sola Arifayan draws plaudits from peers and clients alike for his deep knowledge and experience in the project finance and development.
Sola leads OAKE Legal’s project development & finance, as well as energy, infrastructure, and utilities practices. He regularly provides advice and support on major infrastructure and financing projects and is recognised, not just for the depth of his legal knowledge and skills, but also for his ability to devise innovative solutions for everyday business problems.
He is a leading authority on Nigerian electricity law and has advised governments, the regulator, project developers and investors, on several aspects of the Nigerian energy sector. He regularly advises on development of new power projects and restructuring and privatisation of several brownfield power projects across all fuel types. He also supported the deployment of a broadband fibre infrastructure throughout the Nigerian Federal Capital Territory and advised on grant of a concession for a unified fibre duct infrastructure for Nigeria’s largest metropolitan area, and the implementation of a dig-once policy for the state.
He also routinely advises investors, including private equity funds on foreign investment into and divestment from Nigeria and has led several acquisition engagements from preliminary deal structuring through to post-completion support.
Sola was educated at the University of Lagos (LLB) and is a fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria.
He sits on the board of several companies, including Tak Agro Plc and Jos Electricity Distribution Plc.