• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

PENGASSAN Strike Sparks Cooking Gas Crisis: NNPC Reveals Supply Disruptions and Price Surge to ₦2,000/kg

AbdulBasit Saba by AbdulBasit Saba
October 6, 2025
in Business, Energy, Lifestyle
0 0
0
4740288 as jpege84ae3ac4f2464f8ffb6785a9b56a1de
thenacre-campaign

Nigeria’s energy sector is reeling from the aftermath of a disruptive strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), which has led to a sharp hike in liquefied petroleum gas (LPG) prices, commonly known as cooking gas—reaching up to ₦2,000 per kilogram in some areas, as confirmed by the Nigerian National Petroleum Company (NNPC) Limited, exacerbating the financial strain on households already battling inflation and rising living costs.

What caused this escalation? The price surge stems directly from the PENGASSAN strike, which halted operations at key gas facilities, delayed loadings and movements by two to three days, and created artificial shortages that retailers exploited by inflating costs on existing stocks, according to Bayo Ojulari, Group Chief Executive Officer of NNPC Limited. Who is affected? Everyday Nigerians, particularly women and low-income families in regions like the Southwest, where retail prices jumped from around ₦1,300-₦1,500 per kg pre-strike to as high as ₦3,200 per kg in some markets, forcing many to resort to costlier alternatives like firewood or charcoal amid broader economic pressures. When did the crisis unfold? The strike began on September 29, 2025, shutting down major institutions including NNPC, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and was suspended on October 1 following federal government intervention, but the ripple effects on supply chains persist, with prices refusing to drop immediately.

Where has the impact been most severe? The Southwest region bore the brunt due to the shutdown of key gas plants, compounded by maintenance delays at the Dangote Refinery and importers holding back amid competitive pricing issues, leading to scarcity that drove up costs nationwide, though supply remains relatively stable in the South-South and East. Why did the strike happen? It was triggered by the alleged unlawful dismissal of about 800 Nigerian workers at the Dangote Petroleum Refinery, prompting PENGASSAN to halt crude oil and natural gas supplies, ramp down production at international oil companies, and disrupt power generation, resulting in significant revenue losses for NNPC estimated at 283,000 barrels of oil per day (kbopd), 1.7 billion standard cubic feet per day (bscfd) of gas, and over 1,200 MW of power in the first 24 hours alone. How is the situation being addressed? NNPC’s Ojulari, speaking after visiting President Bola Tinubu at the State House, assured that as operations normalize post-suspension, distribution will fully restore and prices should revert to pre-strike levels soon, while the National Association of Liquefied Petroleum Gas Marketers (NALPGAM) echoed that scarcity would ease within days, urging patience amid ongoing vessel delays from NLNG and calls for government intervention to stabilize the market.

The strike’s broader fallout included stalled cargo loadings at terminals like Brass, missed liftings, and threats to fuel supply and power generation, with marketers warning of potential nationwide disruptions that could worsen scarcity and push petrol prices higher. Public outcry on social media has been vocal, with users decrying the “Dangote vs. PENGASSAN war” for hitting ordinary citizens hardest, questioning when relief will come as families stretch budgets for basic cooking needs. Industry stakeholders, including NALPGAM President Olatunbosun Oladapo, attribute the lingering high prices to the strike’s crippling effect on Southwest operations and advise against panic buying, while experts call for stronger regulatory measures to prevent future disruptions in Nigeria’s volatile energy sector. As the federal government continues mediation efforts between PENGASSAN and Dangote Refinery, the incident underscores the fragility of supply chains and the urgent need for labor harmony to shield consumers from the cascading effects of industrial actions in an economy still recovering from subsidy removals and global shocks

Odun Ifa 2026
ADVERTISEMENT

Source: Read more at thisdaylive.com

Perfect-Aesthetic-social-1
adron lemon friday
Saba AbdulBasit
AbdulBasit Saba

AbdulBasit Saba is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.

Also read

  • MOWCA backs expanded Blue Economy investment in Niger Delta
  • ABU opens its stage to Nigeria’s next music stars as BIGI, Fearless bring Soundcity OnTour to Zaria

Related Posts

MEA SHOWCASE PIX 1
Business

LG aims to enhance customer experience, unveils cutting-edge innovations

by Freelanews
March 21, 2023
WVS 6206 3
Business

‘Real-time services’ Zenith Bank introduces, adobts intelligent WhatsApp Chatbot, ZIVA

by Freelanews
August 26, 2021
housing
Business

Nigeria housing deficit hits nearly 15 million units

by Peculiar Adirika
January 30, 2026
Tap-to-Pay
Business

FAAN launches ‘Tap-to-Pay’ system with Paystack at Lagos, Abuja airports

by Peculiar Adirika
September 1, 2025
SCCWI feeds Lagos children
Sustainability

Children’s day: SCCWI Feed the Children Project nourishes over 3,000 kids in Lagos

by Peculiar Adirika
May 30, 2025

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Edo

JUST IN: Edo assembly formally impeaches speaker Agbebaku after disputed resignation

August 24, 2026
Nigeria

Nigeria’s petrol imports rise as local supply falls

August 24, 2026
Poco Lee

Poco Lee’s friends rally behind him amid UK case

August 24, 2026
Singapore

Singapore boosts child support to nearly $70,000

August 24, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Edo

JUST IN: Edo assembly formally impeaches speaker Agbebaku after disputed resignation

August 24, 2026
Nigeria

Nigeria’s petrol imports rise as local supply falls

August 24, 2026
Poco Lee

Poco Lee’s friends rally behind him amid UK case

August 24, 2026
Singapore

Singapore boosts child support to nearly $70,000

August 24, 2026
ADVERTISEMENT
August 2026
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Jul    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Ayodeji Odumosu installed as 20th president of the Rotary Club of Ogudu GRA during the club’s 20th anniversary celebration in Lagos

    Rotary Club of Ogudu GRA installs Ayodeji Odumosu as 20th president, marks 20th anniversary

    0 shares
    Share 0 Tweet 0
  • Sola Solkem dies in painful loss to media industry

    0 shares
    Share 0 Tweet 0
  • ‘Read the room’: Funke Akindele criticised over birthday post on Ogogo’s burial day

    0 shares
    Share 0 Tweet 0
  • Breaking: Veteran actor Ogogo dies at 66

    0 shares
    Share 0 Tweet 0

Just Published!

Edo

JUST IN: Edo assembly formally impeaches speaker Agbebaku after disputed resignation

August 24, 2026
Nigeria

Nigeria’s petrol imports rise as local supply falls

August 24, 2026
Poco Lee

Poco Lee’s friends rally behind him amid UK case

August 24, 2026
Singapore

Singapore boosts child support to nearly $70,000

August 24, 2026
Police

Police arrest 68-year-old, 70-year-old men over 12-year-old girl alleged rape

August 24, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.