The Nigerian National Petroleum Company Limited, NNPCL, says the brief nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, led to a significant drop in oil and gas production in Nigeria.
The NNPCL also revealed that crude oil output recorded a reduction of about 283,000 barrels per day, roughly 16% of national output, and a reduction of 1.7 billion standard cubic feet per day in gas output, while knocking out more than 1,200 megawatts of power generation.
DAILY POST reports that the Group Chief Executive Officer of the NNPCL, Bayo Ojulari, had in a letter dated September 29, 2025, informed regulators that the industrial action led to significant production deferments and projected revenue losses from missed crude liftings and reduced gas sales.
“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,” he said.
According to him, the industrial action had impacts that extended beyond the Dangote Refinery.
The NNPCL boss further explained that the disruptions posed systemic risks to energy supply, personnel and asset security and the wider economy, adding that it poses material threat to national energy security if prolonged.
“Within the 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,” he added.
How PENGASSAN’s strike affected oil output –NNPCL