Reps Committee Urges PENGASSAN to Halt Shutdown of Oil Supply

The Reps Committee overseeing the downstream petroleum sector expressed concern over PENGASSAN's planned shutdown of crude oil supply to Dangote Refinery. The Committee, led by Hon Ikenga Imo Ugochinyere, highlighted the potential economic damage and negative impact on investor confidence.

They urged PENGASSAN to end the action and engage in dialogue to find sustainable solutions. The directive to cut the supply was seen as potentially destabilizing the downstream sector and scaring away foreign investors.

The Committee emphasized the need for due process and collaboration to address grievances effectively.