Nigerian Oil Company Reports Losses from Union Strike

October 2, 2025

2 minutes read

NNPCL

On September 29, 2025, NNPCL CEO Bashir Ojulari reported major losses from a three-day PENGASSAN strike.

The action, targeting Dangote Refinery, cut oil production by 16%, marketed gas by 30%, and power supply by 20%.

Heavy Losses

Ojulari’s letter to regulators detailed 283,000 barrels of oil and 1.7 billion cubic feet of gas lost daily. Over 1,200 megawatts of power were affected.

Starting September 28, the strike shut down key oil terminals and gas plants, hitting Nigeria’s energy revenue hard.

Temporary Truce

PENGASSAN paused the strike on October 1 after government talks. Union leader Festus Osifo called the truce temporary, warning of resumption if issues remain unresolved.

Root of Conflict

The union accused Dangote Refinery of firing and transferring unionized workers, replacing some with foreigners.

The refinery denied targeting unions, citing operational needs. The dispute disrupted crude and gas supplies, raising economic alarms.

Government Steps In

Fearing energy security risks, the government mediated talks. The Labour Ministry oversaw an agreement, but PENGASSAN criticized its unclear terms. They suspended action to respect the process.

Union’s Position

Osifo stressed the strike was about workers’ rights to unionize and fair pay, not dues.

“We fight for better conditions, not to harm Dangote’s $20 billion investment,” he said, dismissing sabotage claims.

Industry Role

PENGASSAN supports firms like Shell and Chevron, which invested $200 billion in Nigeria. The union says it protects workers in an industry vital to 90% of Nigeria’s foreign exchange.

Why It Matters

The strike reveals weaknesses in Nigeria’s energy sector and labor tensions at Dangote Refinery, critical for economic stability.

Next Steps

In October 2025, NNPCL and PENGASSAN will track the agreement’s progress. The union vows to act fast if Dangote fails to comply.


Court Halts PENGASSAN Strike Against Dangote Refinery

Share:
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Links

Youth in Oil-Rich Congo Struggle With Poverty, Seek Economic Change

  Despite being one of Africa’s major oil producers, the Republic of the Congo continues ...

World Bank Approves $137m Programme to Expand Broadband, Digital Jobs in West Africa

The World Bank Group has approved a $137 million regional programme aimed at expanding broadband ...

Death Toll Rises to 64 as Landslides, Floods Devastate Southern Ethiopia

At least 64 people have been confirmed dead while dozens remain missing after devastating landslides ...

Middle East Crisis Threatens Shipping Routes to Nigeria, Raises Inflation Concerns

Stakeholders in Nigeria’s maritime sector have warned that the escalating crisis in the Middle East ...

Features

Youth in Oil-Rich Congo Struggle With Poverty, Seek Economic Change

  Despite being one of Africa’s major oil producers, the Republic of the Congo continues ...

World Bank Approves $137m Programme to Expand Broadband, Digital Jobs in West Africa

The World Bank Group has approved a $137 million regional programme aimed at expanding broadband ...

Death Toll Rises to 64 as Landslides, Floods Devastate Southern Ethiopia

At least 64 people have been confirmed dead while dozens remain missing after devastating landslides ...

Middle East Crisis Threatens Shipping Routes to Nigeria, Raises Inflation Concerns

Stakeholders in Nigeria’s maritime sector have warned that the escalating crisis in the Middle East ...

Global Stakeholders to Drive West Africa’s Green Transition at WACEE 2026

Policymakers, investors, and industry leaders from across the region and beyond are set to gather ...

Air Peace Expands West Africa Network, Launches New Regional Flight Schedules April 1

Air Peace has announced an expansion of its regional flight operations across West Africa, unveiling ...

African Hospitals Face Rising Cyberattacks as Digital Health Systems Expand – Microsoft Executive Warns

Healthcare institutions across Africa are facing a surge in cyberattacks, with hospitals, laboratories and digital ...

Oando Wins Workplace Inclusion Award at West Africa IMT Summit

Oando PLC has been recognised for its commitment to workplace inclusion after winning the Equality, ...

Latest News

Today in History

Anne Boleyn, Queen Elizabeth I's mother, had six fingers on one hand.

Exchange Rate Per Dollar

AM Armenian Dram377.4101
GH Ghana Cedi10.8731
GM Gambian Dalasi74.144
GN Guinea Franc8,788.95
NG Nigerian Naira₦1,380.27
CF CFA Franc BEAC573.3974
14 Mar · CurrencyRate · USD
CurrencyRate.Today
Check: 14 Mar 2026 13:45 UTC
Latest change: 14 Mar 2026 13:39 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

newsletter image

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?