The ongoing strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has sparked alarm from business groups who fear a looming economic crisis.
The Nigeria Employers’ Consultative Association (NECA) and the Chamber of Commerce issued a joint statement warning that prolonged disruptions in oil and gas supply could paralyze industries, worsen inflation, and undermine investor confidence. They appealed to both the Federal Government and the Dangote Group to resolve their dispute with oil workers without delay.
The groups noted that several manufacturers, power producers, and logistics companies are already reporting operational challenges due to shortages in fuel and gas supply. They stressed that a prolonged standoff could push the economy into deeper strain.
