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.

Dr. Uchechukwu Sampson Ogah Named Industrialist of the Year at NewsDirect 14th Anniversary Awards

In a moment of recognition for visionary leadership and industrial excellence, the Founder and President of Masters Energy Group, Dr. Uchechukwu Sampson Ogah, was named Industrialist of the Year at the 14th Anniversary and Awards Ceremony hosted by Nigerian NewsDirect.

The prestigious event took place at the iconic Oriental Hotel, Lagos, in 2024, drawing captains of industry, policy makers, and media executives to celebrate exceptional contributions to Nigeria’s economic development.

Receiving the award on behalf of Dr. Ogah was Mr. Felix Eribo, Executive Director of Operations, who was joined by Emmanuel Anuoluwatomiwa, Lead, Digital Brands & Corporate Communication Unit of Masters Energy Group.

This recognition reflects the far-reaching impact of Dr. Ogah’s entrepreneurial vision and leadership. From humble beginnings, Masters Energy Group has evolved into a dynamic conglomerate with over 6,000 employees and operations spanning oil and gas, shipping, trading, manufacturing, and logistics. One of its standout milestones, established under Dr. Ogah’s leadership, is the development of one of the largest petroleum product storage terminals in West Africa.

Known for his practical, hands-on approach to business, Dr. Ogah continues to champion sustainable growth through investment in people, infrastructure, and innovation. Under his guidance, Masters Energy Oil and Gas Limited, the Group’s flagship subsidiary has expanded significantly across Nigeria’s downstream oil sector, operating in major supply corridors and contributing to national energy access.

The award by NewsDirect is more than a personal accolade, it is a testament to decades of strategic effort, industrial capacity-building, and a deep-rooted commitment to nation-building. It also highlights the enduring contributions of the broader Masters Energy team, who continue to drive the Group’s mission forward with passion and purpose.

Congratulations, Dr. Ogah! Your legacy continues to inspire excellence across industries and generations.

Recent News

CELEBRATING DR. UCHECHUKWU SAMPSON OGAH, THE SUN INDUSTRIALIST OF THE YEAR, 2023

It is with great pride and privilege that we announce the remarkable achievement of Dr. Uchechukwu Sampson Ogah (FCA, OON, CON), our Founder at Masters Energy Group, who has been honoured with the prestigious title of “Industrialist of the Year” at The Sun Awards 2023. This recognition underscores Dr Ogah’s exceptional leadership and contributions to the industrial landscape of Nigeria.

Beyond his business acumen, Dr. Ogah remains deeply committed to making a meaningful impact in the lives of Nigerians. Through corporate social responsibility initiatives and community development projects, he contributes to the economic advancement of communities across the nation and the general economy.

As we celebrate Dr. Uchechukwu Sampson Ogah’s well-deserved recognition as the Industrialist of the Year, we look forward to witnessing his continued leadership and impact in shaping the future of the energy sector in Nigeria and beyond.

Congratulations to Dr. Ogah on this prestigious honour, and here’s to many more accomplishments ahead!


A HEARTWARMING OUTREACH

As a testament to our commitment to Corporate Social Responsibility (CSR), our team at Masters Energy Group recently organized a heartfelt outreach to a few facilities that cater to the less privileged. One of the facilities we visited was the Triple Passion Home, a facility dedicated to caring for orphans and special-needs children. Our mission was simple yet profound: to create beautiful memories and joy for these remarkable children. The smiles and warmth we encountered during this experience were truly indescribable, it was a magical journey that touched our hearts.

In the spirit of our annual philanthropic endeavors, we distributed not just essential items but carefully curated including Masters Instant Noodles, tissue, cooking oil, biscuits, and an array of food items such as rice, tubers of yam, and more. Witnessing the joyous expressions on the children’s faces was a clear reflection of the success of our initiative.

Our dedicated team, led by key personnel including our Company Secretary, Chinyere Usen, Director of Corporate Services, Ugo Nwofor, and Group Quality Assurance Manager, Bridget Edafe, represented the spirit of Masters Energy Group. Their presence emphasized our commitment to actively engage in and oversee every aspect of the CSR initiative.

Beyond the material gifts, what truly made this outreach special was the profound sense of belonging and love that the children received. It’s more than just gifts; it’s about creating lasting memories and spreading the magic of the season.

We are elated to share a significant achievement for our President, Dr. Uchechukwu Samson Ogah. Representatives from the Daily Sun Newspaper recently visited to extend a formal invitation and an honor, Dr. Ogah has been nominated for the prestigious Investor of the Year Award at the upcoming SUN Awards.

The Daily SUN representatives commended the steady growth exhibited by Masters Energy Group, describing it as a versatile, a true “jack of all trades and master of all.” Dr. Ogah’s notable investments in the energy sector and other commendable areas were also recognized.

The award ceremony is scheduled for February 17th, 2024, at the Eko Hotel and Suites, Lagos.

Let’s collectively celebrate this achievement and wish our president the best as he represents our commitment to making a positive impact on the growth of Nigeria and beyond.