Olu Adenodi: If I Have My Way, I’ll Privatise Nigeria

Olu Adenodi: If I Have My Way, I’ll Privatise Nigeria

Otunba Olu Adenodi is the Chief Executive Officer, BHS International Limited, a multimillion- naira investment company operating the Tafawa Balewa Square (TBS), Lagos. In this interview with Femi Ogbonnikan, Adenodi, a lawyer, relives the experience of bidding for the national monument along with 15 other firtms when the Federal Government privatised some of its assets. Tell us about your background. My name is Olu Adenodi. In the course of growing up, I acquired a title of ‘Otunba’, after I became a lawyer. I studied Law at the University of Ife, (now Obafemi Awolowo University), Ife, Osun State. Actually, I was a Science student, and when I got to Ife, a lot of things changed, and I changed to Law. I was the only student that changed from Science to Law that year. And having studied Law, I have been practising since 1988. I have been in and out of courts, and I have been making noise, shouting and trying to interpret the law of this country against recalcitrant clients, and prosecuting a lot of people, going from one police station to another, including EFCC and all other places I visited in the course of my practice. We were making good progress in terms of impacts and we decided to take a second look at our practice, and we resolved to look at the areas of what we call, ‘investment practice’; investment law. So, we changed our practice and, then focused on investment, and we decided to practise as investment attorneys. We changed to investment law when the Federal government resolved to privatise some of its enterprises, this provided an enabling...