“The House of Representatives Committee on Power has committed to supporting Masters Energy Metering Company, praising its efforts in driving economic development and creating thousands of jobs in Nigeria.”
The House of Representatives Committee on Power, led by Chairman Hon. Victor Nwokolo, has assured the Masters Energy Group of its commitment to fostering a collaborative relationship between the Federal Ministry of Power, Electricity Distribution Companies (Discos), and the Masters Energy (ME) Metering Company.
During a recent inspection of the ME Metering Company and a tour of the Master Energy Industrial City in Onuaku, Uturu, Isuikwuato Local Government Area of Abia State, Hon. Nwokolo praised the substantial investments made by the company. “I am not surprised by what we are witnessing today, knowing Dr. Uchechukwu Sampson Ogah for over 20 years,” he remarked.
The Committee Chairman emphasized that the House would push for broader legislative support to ensure that the company’s efforts to supply locally manufactured meters are recognized and utilized by electricity Discos. “If we already have immediate sources for meters, then I think Discos will have no choice but to patronize it,” he added.
Dr. Uchechukwu Sampson Ogah, President of Masters Energy Group, expressed appreciation for the House Committee’s visit and outlined the company’s commitment to creating 50,000 jobs for Nigerians. “Our intention is to put 50,000 Nigerians directly under our employment. We aim to contribute to the development of the Nigerian economy,” he stated, noting that the company currently employs over 2,000 workers in various sectors.
Elaborating on the company’s contributions, Dr. Ogah highlighted the wide range of industries operating within the Master Energy Industrial City, which he described as the largest industrial hub in the South East.
Prince A.C. Mba, Ph.D., Managing Director of the ME Metering Company, briefed the Committee on the company’s progress and challenges. He disclosed plans to produce over 600,000 meters, contingent on receiving the necessary support to scale up production. He also revealed that the industrial city operates on private power supply, as the community has been cut off from the national grid for a decade.
Mba called for parliamentary intervention to address infrastructural challenges such as dilapidated roads and lack of water supply, which have significantly increased production costs. He also urged the House of Representatives to support the company’s request for approvals to distribute its 150,000 meters to more Nigerian homes.
The House Committee members expressed satisfaction with the company’s achievements and pledged to facilitate necessary approvals and support to enable the company to achieve its objectives.
Implications:
Masters Energy Group’s investment in job creation and industrial growth is a significant boost for Nigeria’s economy.
The company’s challenges highlight the need for improved infrastructure and legislative backing for local industries.
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