Skip to content
July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Nigeria’s daily oil output plunged 16% during brief Dangote refinery strike
  • Business & Economy

Nigeria’s daily oil output plunged 16% during brief Dangote refinery strike

Admin October 2, 2025
Minister

Oil rig

October 2, 2025

Nigeria’s daily oil and gas production slumped during a brief nationwide strike by oil workers’ union PENGASSAN that was called off on Wednesday after government-mediated talks with Dangote Refinery, according to an impact report seen by Reuters.

The strike, which began on September 28, was called after the Dangote refinery, Africa’s largest with a crude processing capacity of 650,000 barrels per day, dismissed more than 800 unionised staff.

The walkout cut about 283,000 barrels per day of oil, roughly 16% of national output, and 1.7 billion standard cubic feet per day of gas, while knocking out more than 1,200 megawatts of power generation, according to the report by state oil firm NNPC Ltd.

The NNPC had warned the disruption posed a “material threat to national energy security” if prolonged.

Key facilities shuttered during the action 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.

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, the report said.

NNPC said it activated business continuity plans and deployed non-union staff to sustain operations during the stoppage, but warned of “significant revenue losses” from missed liftings and gas sales.

The union suspended the strike after talks brokered by the government, easing immediate supply risks, though NNPC cautioned that systemic vulnerabilities remained.

REUTERS

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Dangote refinery LNG NNPC PENGASSAN

Post navigation

Previous Traditional rulers give Oluwo 21-day ultimatum to withdraw allegation against Ooni
Next Troops neutralise 2 suspected terrorists, recover weapons in Taraba

Related Stories

West Africa’s ECOWAS bloc signs agreement backing Nigeria-Morocco atlantic gas pipeline, statement reports regional heads
  • Business & Economy

West Africa’s ECOWAS bloc signs agreement backing Nigeria-Morocco atlantic gas pipeline, statement reports

July 20, 2026
NLNG honours Professor Barth Nnaji for his contribution to science and innovation
  • Business & Economy

NLNG honours Professor Barth Nnaji for his contribution to science and innovation

July 20, 2026
IPMAN to FG: Stop issuing licences for petroleum products import Fuel crisis
  • Business & Economy

IPMAN to FG: Stop issuing licences for petroleum products import

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Nigeria’s Erebor elected ATU confab preparatory committee chair
  • International News

Nigeria’s Erebor elected ATU confab preparatory committee chair

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.