Thursday 2 April 2015

UNILAG PROFESSOR ABUGU DELIVERS INAUGURAL LECTURE, APRIL 8

Image result for UNILAGThe Head, Department of Commercial and Industrial Law, Faculty of Law, Professor  Joseph E. O. Abugu will deliver the fifth (5th) Inaugural Lecture of the University of Lagos in the 2014/2015 Academic Session on Wednesday, April 8, 2015 at 4.00 pm in the Main Auditorium, UNILAG, Akoka.

The Vice Chancellor Professor Rahamon A. Bello, FAEng will preside over the lecture entitled: “The Monster Theory: Setting the Boundaries of Corporate Financial Malpractice.” Members of the University Community and the general public are cordially invited.
Professor Joseph Efeyemineni Oromafunu Abugu was born on March 31, 1965 in Ugborikoko, Delta State. He hails from the Chieftaincy family of late Olorogun Samson Oyimitane Abugu (the Usiavwre of Ekpan) and Late Mrs. Maria Udin Abugu (nee Ejoba) of Uvwie Kingdom, Delta State. 

The early brilliance displayed by the young Abugu prompted his mother to attempt enrolling him in school in 1970 and 1971 but both attempts failed. In 1972, when his right hand was able to touch his left ear from above his head, he began his quest for western education in Alegbo Primary School, Effurun. Although he was the only student of his primary school-set to be admitted to a Federal Government College following a competitive entrance test and interview in 1978, Abugu decided to register at Urhobo College Effurun, Delta State based on his father’s insistence. As the most brilliant student of his set, and as was the custom in those days, he automatically earned the position of Senior Prefect in his final year.
After completing his secondary school education in September 1983, the erudite scholar who desired to further his studies in the United Kingdom, proceeded to the Centre for Business Studies, Royal Hill, Greenwich, London where he earned the Advanced Level Certificate of General Education from the University of Oxford Local Delegacy of Examinations in the 1983/1984 academic year. However, in a twist of faith, he was admitted to the Faculty of Law, University of Nigeria, Enugu Campus in 1984 where he graduated as the best Graduating Student in Company Law with a Second Class Honours (Upper Division) in 1988. He repeated the same feat at the Nigerian Law School, Lagos and was called to the Nigerian Bar in December 1989. Thereafter, he observed the compulsory one year National Youth Service Corps scheme in Sanya Ogunkuade and Co., Legal Practitioners as Pupil Associate Solicitor from October 1989 to October 1990.
Professor Abugu is an alumnus of the University of Lagos where he obtained a Masters of Law Degree in August, 1991 and Doctorate Degree in Commercial and Industrial Law in December, 2003. His early practice years date as far back as August, 1991 when he commenced work as an Associate Solicitor in the renowned firm of Abdulai, Taiwo & Co. Solicitors, Lagos. In January, 1993, he moved to the banking industry as the Company Secretary and Head of Corporate Affairs in Classic Home Savings and Loans Limited, Lagos.
He held that position until his appointment as Lecturer II in the Department of Commercial & Industrial Law, Faculty of Law University of Lagos in October, 1995. He was subsequently promoted to Lecturer I in 1998, Senior Lecturer in 2001, Associate Professor in 2010 and Professor in 2013.
The sage has served the University in various capacities including Head of Department of Commercial & Industrial Law (Aug 2013- date), member of UNILAG Senate (2013- date); and Member of Boards, Committees and Investigative Panels such as Board of School of Post Graduate Studies (2010 - date); University Committee on Staff Home Ownership (October 2014 - date); UNILAG Senate and Ceremonies Committee (2014); University Committee on Tenure of Directors (2014); University Development Committee (February, 2015 to date); among others. He was the Co-ordinator, Advance Diploma Programme in Commercial Law & Practice (1997–2002); Acting Chairman, University Legal Research Committee (1999 – 2000); and Co-ordinator, Interdepartmental LL.M Programme (2005 to 2006).
Outside the University, Professor Abugu is a Guest Lecturer at the Lagos Study Centre, University of London, external LLM programme (February 2004 to date) and Legal Adviser/Consultant to several organisations in areas such as the capital market, establishment and licensing of mortgage institutions, recapitalization among others. He is the Principal Partner of Abugu and Co. Solicitors, Lagos and Resource Person of the Securities and Exchange Commission, Institute of Advanced Legal Studies, Nigerian Labour Congress and several registered trade unions. He served as Member of the Boundary Review and Adjustment Committee between Uvwie and Udu Local Government Council Areas in Delta State (1999) as well as Member/Special Adviser, Uvwie Internal Disturbances and Reconciliation Committee, Delta State (2002).
The distinguished academic belongs to national and international professional bodies including Nigerian Bar Association, Nigerian Law Teachers Association as well as the Nigerian Institute of Management. An active member of the palace chiefs of HRM ABE I, the Ovie Uvwie, Professor Abugu is the Vice President General of the Uvwie General Improvement Union (a socio-cultural group of Uvwie indigenes worldwide) and National Vice President of Urhobo College Effurun Old Students Association (UCOSA).
He is a recipient of many research and conference grants, awards and scholarships. To mention just a few, he was a Rotary International Group Study Exchange Scholar in Phoenix Arizona, United States of America (April to June, 1999); and Fulbright Scholar (under the auspices of the American State Department) at the Centre for Law and Financial Markets, Chicago-Kent College of Law, Chicago Illinois, United States of America (August 2002 to June, 2003). Under an International Labour Organisation (ILO) Fellowship award, he attended a training programme on International Labour Standards for Judges, Lawyers and Legal Educators at the ILO Training Centre, Turin, Italy (September 2007).
The renowned Professor of Commercial and Industrial Law who has travelled widely for academic purposes to different parts of the world, has over thirty-five (35) quality academic publications in local and foreign peer-reviewed academic journals as well as books/monographs. He is the author of the pioneer text on Nigerian Securities Law entitled: Company Securities: Law & Practice (the second edition of the book was recently unveiled). Although he has over four (4) unpublished conference papers, he is currently working on four books: Stockbrokers’ Liability and Regulations (a proposed text on the regulations and liabilities of financial intermediaries), International Aspects of Money Laundering in Nigeria, Commercial Credit and Settlement of Commercial Disputes as well as Current Issues in Commercial Credit Transactions.
He is happily married to Mrs. Philomena Joe-Abugu and the marriage is blessed with children.

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