Lookman graduated with B.Sc. honours degree in Accounting from the University of Ilorin.  He also obtained an MBA degree from the same University.

He joined Peregrine Investments in 1997 as an Accounts & Administrative Manager.  He was elected to the Board as an Executive Director in 2006.

Lookman has gathered a lot of experience in procurement (Local and Foreign) while working with Peregrine Investments Limited.  He has also acquired diverse practical experience in project cost management.