NISO Raises Alarm Over Continued Effects Of PENGASSAN, Dangote Dispute On Power Sector, Economy

Engr. Abdu Bello Mohammed MD/CEO, NISO

The Nigerian Independent System Operator (NISO) has raised alarm over the continuing disagreement between  the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Dangote Refinery, citing that the operations of the power sector would be frustrated and the economy grounded to a halt.

NISO in a statement by its management regretted that the dispute  between the two contending bodies had already resulted in directives to suspend the supply of crude oil and natural gas to the facility.

“NISO wishes to draw attention to the potential implications of this action on the nation’s power sector. The national grid relies heavily on gas-fired generation, and any sustained disruption in gas supply would constrain generation capacity, affect system operations and undermine the stability and reliability of electricity supply across the country.

While NISO is considering measures to mitigate total grid collapse, we urge all parties involved to embrace dialogue and lawful mechanisms of dispute resolution in the overall interest of the economy and the wellbeing of Nigerians at large”, NISO stated

However, NISO reaffirms  commitment to ensuring a secure and reliable operation of the national grid, assuring that it would continue to support wider efforts aimed at safeguarding energy security.