PENGASSAN strike costs Nigeria over 200,000 barrels of crude per day – NNPC boss

 

Nigeria has suffered a major economic setback following the recent nationwide strike by some oil workers, which led to a daily loss of over 200,000 barrels of crude oil and disrupted both gas production and electricity generation across the country.

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, disclosed this on Monday after a meeting with President Bola Ahmed Tinubu at the Presidential Villa in Abuja.

“In this particular case, we actually lost significant production of over 200,000 bpd that was deferred; we also have gas production that was deferred; we also have power generation that was impacted,” Mr Ojulari told journalists at the state house.

At an average price of $66 per barrel, it means Nigeria lost about $39.6 million (N57.4 billion) worth of crude oil for the three days the strike lasted.

Platinumpost reported the strike called by PENGASSAN, a union of senior oil workers in the oil industry, to protest the sack of its members by Dangote refinery. It was suspended last Wednesday following the federal government’s intervention.