Women in Energy: Meet Top 10 Female CEOs Leading Nigeria’s Oil and Gas Industry
- A growing number of Nigerian women have emerged as top leaders in Nigeria’s energy sector
- These women, who are chief executives of leading oil companies, have broken into the ranks of major petroleum product importers
- They have etched their footprints into Nigeria’s highly competitive, but vibrant energy industry
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
Nigeria’s oil and gas sector is mostly seen as a male territory. However, an exclusive list of Nigerian women has broken into the top rank, giving the men a fight for their money.
An analysis has shown the growing number of women who now lead some of the industry’s leading oil firms.

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Leading women in energy
The leaders mix professional expertise with foresight, allowing them to remain strong players in fuel distribution, trading, retail, lubricant, and logistics, according to a report by PetroleumPriceNG, the energy data pricing platform.
Victoria Adunola Samson: MD, BOVAS Group
Samson is a co-founder of BOVAS Group, which was established in 1980, and has become one of Nigeria’s most reliable petroleum marketing firms.
BOVAS operates more than 200 retail outlets, lubricant blending facilities, and LPG outlets.
She was the former Chairperson of DAPPMAN and is celebrated for integrity, philanthropy and community investment.
Winifred Akpani: MD/CEO, Northwest Petroleum & Gas Company
Akpani founded and has led Northwest Petroleum since 1998. The company has grown into a major downstream player with almost 100 million litres of storage capacity and a network of retail stations.
Ngozi Ekeoma: Nepal Energies Limited
The female lawyer, turned entrepreneur, founded Nepal Energies in 2004, which now distributes over 300,000 metric tonnes of petroleum products per annum.
Bola Shagaya: MD, Practoil Limited
Shagaya is one of Nigeria and Africa’s most successful women entrepreneurs. She founded Practoil Limited in 1997 and is Nigeria’s largest base importer.
Nkechi Obi: Founder/CEO, Techno Oil Limited
Nkechi Obi, OON founded Techno Oil, one of the leading players in Nigeria's energy companies, established in 1997.
Techno Oil is an integrated downstream player with a 100,000-tonne lubricant plant, LPG storage, and is West Africa’s LPG manufacturing plant.
Patience Dappa: GMD/CEO, Masters Energy Group
Dappa leads Masters Energy, which was established in 2005 and has since expanded into an integrated energy logistics giant.
Masters Energy operates in the oil marketing, LPG, and allied services.
Wosilat Babalola: MD/CEO, Wosbab Energy Solution Nigeria Limited
Wosbab was founded in 2010 as a downstream oil and gas firm. Under Babalola, the company has grown into a strong player in the downstream sector, spanning imports, distribution, logistics, and energy services.
Moroti Adedoyin-Adeyinka: Sahara Energy Resource Limited
Adedoyin-Adeyinka left Guaranty Trust Bank and joined the Sahara Group in 2004. She rose through the ranks and now leads Sahara Energy Resources Limited, the group’s trading and distribution arm.
Awuneba Ajumogobia: Co-founder/ED, Multistream Energy
Ajumogobia Sotonye Ajumogobia co-founded Multistream Energy in 2011 and focuses on gas marketing and distribution.
Audrey Joe-Ezigbo: CEO, Falcon Corporation
Falcon Corporation was established in 1994 as an indigenous mid and downstream energy company, specialising in natural gas and cooking gas distribution.
The company has expanded into a major industry player with multi-billion-naira annual revenues.
Women shaping Nigeria's energy sector
Experts have said these women are shaping Nigeria’s downstream industry via capacity building, credible supply networks, and strategic investment.
Together, they show the growing influence of female leadership in petroleum marketing, LPG distribution logistics.

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Due to their hard work, Nigeria’s energy value chain has been revolutionised and is now globally competitive.
Top 10 petroleum depot owners in Nigeria
Legit.ng earlier reported that while Dangote Refinery dominates headlines, the real lifeline of Nigeria’s petroleum supply often rests in the hands of independent depot owners.
These players store, distribute, and move millions of litres of fuel daily, ensuring petrol stations and the economy keep running.
From Lagos harbours to Calabar Free Trade Zones, they compete fiercely for market share, influence, and strategic advantage.
Proofreading by Kola Muhammed, copy editor at Legit.ng.
Source: Legit.ng