Kofoworola Olokun-Olawoyin joined Eko Distribution Plc in 2015 and has contributed immensely to the development of regulatory framework required for successful implementation of a viable Power Sector in Nigeria.
Kofoworola ensures the efficient negotiation and drafts of various Industry documents and proffers accurate legal opinions on critical industry regulations, rules and laws. She is a registered Expert with the United Nations Development Programme (UNDP) and author of the book The Nigerian Electricity Supply Industry: Post Privatisation Realities, Trends and Challenges.
WHAT INDUSTRIES OUTSIDE OF THE POWER AND ENERGY SECTOR ARE YOU LOOKING AT FOR INSPIRATION?
The banking and finance/project finance sector provide enticing motivation for exploration.
Advising banks, financiers and project promoters on the bankability of a proposed or conceived project, driving the loan and financing documentation, structuring the general project and setting practical timelines for the successful commission of the conceived project/transaction have always served as veritable sources of inspiration to me.
From my experience in project finance, Public Private Partnerships (PPP) and other schemes and arrangements, I strongly believe that the infrastructural deficit currently within the country could be bridged by applying these schemes not only to the power sector, but also transportation, education, health sectors etc. These schemes not only facilitate infrastructure development but also enhance the general standard of living.
HOW DO YOU DEAL WITH UNCERTAINTY AS A LEADER IN A TIME WHERE LEADERSHIP IS MORE IMPORTANT THAN EVER?
I generally use these three tools: verifiable information, knowledge and adequate consultation in dealing with uncertainties. I believe strongly that the level of uncertainty is better degraded with these three tools. They also aid the ability to forecast with a measure of certainty and make plans to forestall the potentially negative impacts of the uncertainty.