Nationwide Blackout Threatens Nigeria as Oil Workers' Strike Impacts Power Generation

A nationwide blackout looms in Nigeria as power generating companies (GenCos) face a potential shutdown of thermal power plants due to an oil workers' strike directive issued by PENGASSAN. GenCos may be compelled to halt operations following a notice from gas suppliers to cut off gas supply to thermal power stations in compliance with the union's directive.

This development could lead to a significant reduction in power generation, as thermal plants currently contribute 70% of the national grid's power supply. The strike action, set to begin on Monday, threatens to disrupt the country's electricity supply, with implications for businesses and households.