The Chancellor is statutorily a Principal Officer of the University. Section 5(1) of the Lagos State University Law, 2004 states that the Chancellor 'shall take precedence over all other members of the University and when present shall preside at all meetings of Convocation held for the purpose of conferring Degrees.' The Chancellor encourages and promotes responsible governance within the University Community while supporting the activities, advancement and the good image of the University.
Prof. Gbolahan Elias (SAN), is the 5th Chancellor of the Lagos State University. He was appointed on November, 2020 by the Visitor to the Lagos State University, Mr. Babajide Olushola Sanwo-Olu.
Born on October 26, 1960 to Isale-Eko parents. He attended Corona Schools, Igbobi College, Magdalen College, Oxford, Merton College, Oxford, and the Nigerian Law School. He won many prizes in each of these institutions.He graduated from Magdalen and Merton Colleges with BA (1stClass), MA,BCL (1stClass), D.Phil. and BL (Upper 2nd) qualifications. The Oxford University Press published his book "Explaining Constructive Trusts" in 1990. He was called to the Nigerian Bar in 1981 and to the New York Bar in 1990.
He worked at Kehinde Sofola SAN & Co. (1982; 1993-94) and in a New York firm,Cravath, Swaine & Moore (late 1989 to early 1993).He has been Partner at G. Elias & Co. since 1994. His work and that of the firm have been widely-applauded in leading internationaldirectories of business law firms. He became a Senior Advocate of Nigeria in 2005. He has appeared before numerous arbitration and other tribunals, trial courts and appellate courts in claims over title to land, oil-and-gas contract disputes, high-profile product liability claims, major census matters and controversial cases.He has advised on numerous outstanding corporate finance transactions including large and complex energy project financings, mergers and acquisitions of financial institutions and "fast-moving consumer goods" companies,and on innovative capital markets offerings.
He has served on numerous law reform committees (on oil-and-gas, pensions, trusts, port regulation and disputes resolution) and published extensively on trusts, mergers, arbitration, privatization, shipping law, oil-and-gas and insurance.He became a Visiting Professor of law at Babcock University in 2012.
He teaches equity, shipping law and petroleum law there. He has served on the boards of the Nigeria-Netherlands Chamber of Commerce and the Nigerian-German Business Association.
He is also a Partner in G. Elias & Co. in Lagos, Nigeria and a Senior Advocate of Nigeria (SAN). His practice covers taxation, corporate finance, litigation, mergers and acquisition, power, oil and gas and telecomms.