October 2, 2025
The Nigerian National Petroleum Company Limited, NNPC Ltd, has said that Nigeria’s oil and gas production dropped sharply by 16% within the brief period Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, declared a nationwide strike that ended on Wednesday after government-mediated talks with Dangote Refinery.
The strike, which began on September 28, was caused for by the alleged dismissal of 800 workers at the Dangote Refinery.
In a letter dated September 29, 2025, NNPC Ltd’s Group Chief Executive Officer, Bayo Ojulari, informed regulators that the industrial action led to significant production deferments and projected revenue losses from missed crude liftings and reduced gas sales.
Ojulari said, “Significant revenue losses are projected at current deferment levels, driven by missed liftings and gas sales. Cashflow pressures are immediate and compounding.
“NNPC continued engagement with operating partners and key stakeholders to enhance security and emergency protocols, activation of BCP with non-union staff taking over operations, where practicable.”
READ MORE; FG, Dangote Refinery, PENGASSAN Meeting Ends In Deadlock
He added that the industrial action “has impacts that extend beyond the Dangote Refinery”.
The NNPC Ltd boss, lamented that the disruptions was unhealthy for energy supply, personnel and asset security and the wider economy.
He said within first 24 hours of the strike, production deferments “stood at approximately 283 kbopd of oil, 1.7 bscfd of gas, and over 1,200 MW of power generation impaction.
“This equates to around 16per cent of national oil output, 30per cent of marketed gas, and 20% of electricity generation,” he said.
The NNPC had warned the disruption posed a “material threat to national energy security” if prolonged.
During the action key facilities shuttered included the Shell-operated Bonga floating production unit and the Oben gas plant, while the restart of Nigeria LNG’s Train 5 and 6 was delayed, and midstream networks were disrupted.
READ MORE; Dangote Sacked Workers: TUC Demands Reinstatement.
According to the report, Cargo loadings for Dangote refinery as well as at export terminals such as Akpo, Brass, and Egina were also delayed, risking demurrage costs, and at least five critical maintenance and project timelines slipped.
NNPC said though it activated business continuity plans and deployed non-union staff to man operations during the stoppage but warned of “significant revenue losses” from missed liftings and gas sales.
PENGASSAN had declared a nationwide strike on Sunday in response to the dismissal of some Nigerian workers by the Dangote Refinery. However, the union suspended the strike on Wednesday after talks brokered by the government.
