Lagos, Nigeria – October 10, 2025
The President and Founder of Masters Energy Group, Dr. Uche Sampson Ogah, has called for pragmatic reforms, consistent policy implementation, and greater collaboration among stakeholders to drive a sustainable and inclusive energy future for Nigeria.
Dr. Ogah made this call while serving as Chairman of the 2025 NAEC Energy Conference, organized by the Association of Energy Correspondents of Nigeria (NAEC) and held at Eko
Hotel & Suites, Lagos, on Thursday, October 9, 2025. The theme of the conference was
“Nigeria’s Energy Future: Exploring Opportunities and Addressing Risks for Sustainable Growth.”
A Call for Pragmatic and Consistent Reforms
In his opening remarks, Dr. Ogah emphasized that achieving energy stability and economic growth requires more than good intentions — it demands consistency, continuity, and courage in execution.
“Nigeria’s energy future is not a choice between opportunity and risk; it is a challenge to navigate both dynamics together,” he stated. “Our greatest task as a nation is to sustain reforms that balance ambition with action, and innovation with stability.”
He highlighted that while landmark policies such as the Petroleum Industry Act (PIA 2021) and Electricity Act (2023) have created new frameworks for progress, their true impact will depend on effective coordination and policy alignment among government agencies, regulators, and industry players.
Gas as the Bridge Fuel for Industrial Growth
Dr. Ogah reaffirmed Nigeria’s strategic position as a gas-rich nation, describing natural gas as
“the bridge between today’s hydrocarbons and tomorrow’s clean energy.”
He urged both public and private sectors to accelerate investments in gas infrastructure, power generation, and industrial utilization, stressing that “optimizing our hydrocarbon assets today is what gives us the strength to build a renewable future tomorrow.”
He also reiterated Masters Energy Group’s commitment to developing midstream and downstream gas assets through its LPG storage and distribution facilities, Masters Gas, and Masters Energy Oil & Gas retail operations.
Championing Innovation and Local Capacity
Speaking further, the Masters Energy Founder challenged Nigeria to become a creator, not just a consumer, of clean and renewable technologies. He identified solar manufacturing, mini-grid development, biofuels, and hydrogen as strategic frontiers that could transform Nigeria’s energy landscape if driven by local innovation and strong policy support.
“We must build capacity to design and produce the solutions we use,” he said. “True energy independence will not come from importation, but from innovation — from the creative power of our own people.”
He also proposed the establishment of a National Energy Transition Academy to equip young professionals and technical experts with the skills required for the evolving energy ecosystem.
A Unified Vision for Sustainable Growth
Dr. Ogah concluded his address with a passionate call for unity and shared responsibility across the energy value chain.
“Nigeria’s energy transformation cannot be driven by government alone. It requires the partnership of the private sector, academia, investors, and the media,” he noted.
“By optimizing today’s opportunities and preparing for tomorrow’s realities, we can fuel a future that truly works for every Nigerian.”
The event brought together leading figures in Nigeria’s energy industry, including the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Minister of State for Gas, Rt. Hon. Ekperikpe Ekpo; Minister of Power, Chief Adebayo Adelabu; and chief executives of the NUPRC, NMDPRA, NNPCL, and other private sector stakeholders.
Masters Energy’s Commitment
As a fully integrated energy company with interests spanning oil and gas trading, LPG storage and distribution, lubricants, power, and industrial manufacturing, Masters Energy Group remains committed to driving Nigeria’s industrial and energy transformation.
The Group continues to align with the Federal Government’s agenda for energy diversification, industrialization, and local content development, contributing meaningfully to a more secure and sustainable energy future for Nigeria and Africa.
About Masters Energy Oil & Gas Limited
Masters Energy Oil & Gas Limited, a subsidiary of Masters Energy Group, is a fully integrated energy company engaged in petroleum marketing, LPG distribution, lubricants, and allied energy solutions. With operations across Nigeria and partnerships extending internationally, the company continues to champion innovation, efficiency, and sustainability within the nation’s energy landscape.
