According to the Group Managing Director of the Nigerian
National Petroleum Corporation, Dr. Ibe Kachikwu, the Federal Government
needs about $500m to fix the nation’s crude oil refineries which have
all been shut down. This he revealed at a forum organised by the Petroleum Club Lagos to celebrate his recent appointment as the NNPC GMD.
According to Dr. Kachikwu, the Port Harcourt Refinery,
which was refining crude some weeks ago had stopped working and had
since been shut down. Meanwhile, the Warri and Kaduna refineries still
remain shut.
He said, "I was initially happy with the progress made at
the Port Harcourt Refinery when it operated at 60 per cent capacity some
weeks ago. But now, the capacity has dropped so low that we had to shut
it down. We will need about $500m to fix them."
60 comments:
Hmmmmmm
Hopefully Davido can borrow them
Sigh
Ghen ghen
No p...lol
All will be fixed! I believe this present administration.
Pls whatever it will take to make those refineries up & running should be done.We have the money already,let's spend it.It will be so worth it.
Nna dis money wey you dey call dikwa too much. Linda take note!
Nna dis money wey you dey call dikwa too much. Linda take note!
Una get the money. Make una use am
this back and forth music of this government is what will destroy it,today A tomorrow B.
That's our problem in this country. We lack maintenance culture. The refineries have been so neglected that it decayed to the extent of using this huge sum to fix. If the needful was done, we wouldn't be reading this.
#TeamBlessed#
Nna dis money wey you dey call dikwa too much. Linda take note!
(Nollywood beating) gbam gbam gbam! Ko Ko Ko Ko Keri bon keri, keri bon keri.
phew! the best option will be to sell the refineries.
~BONARIO~says so via NOKIA LUMIA
I thought #BodyLanguage fixed them already? Mehn! Nigeria is on a long thing.
Na so hw dey use calculate am?. 5gig for 1k on all andriod devices whatsapp 08020544149
Ok
Deziani is holding on to more than that ammount with excess change. Please collect from her
So all the politicians and top civil servants should forfeit their huge salaries and allowances to make up this fund....some are collecting severance pay of N2.7 billion for doing as little as nothing while doctor corpers are collecting little for doing a lot ~ Bane
They claimed to be the giant of Africa so i guess the money is something they can afford.
M sure the money wnt come out now
and some months back they were all bragging that their in-house engineers carried out major repairs and the refineries are now fully functional...... abegiii!!!!
All the so called turn around maintenance that GEJ & Diezani claimed they did,all na lie?i Chai! Nigeria,sorry!
So naija wan use mtn money repair refinery...so dey were fined 5 billion dollz...4.5 billion dollz xtra...I clap 4 u
To think that 20billion dollars just too a walk under Jonathan's administration when all d refineries needed was just 500million dollars! There is GOD o!!
Sell them refineries away
I think say baba snail don fix am
That's the refinery one unfortunate ex-president claimed he fixed before leaving. PDP is a joke.
Cost of repairs amount to a fraction of what was looted by a small few!!
Fool. Is that not The same thing the last administration told u Nigerians. Its expensive to fix the old ones and cheaper to build new ones. Aboki mumulity
Too much ke? Only Deziani sef can foot the bill, in fact Kachikwu tell her to write a check ASAP
Sparkles!
Lol!!!
explanations aplenty, just weeks into the present administration, two refineries started working, wetin do dem?
Pls sell off dis refineries...
Comment frm ROYAL PRIESTHOOD (royalpriesthood007@gmail.com)
To think its just $500 million needed to maintain or repair the refineries! When a former petroleum minister embezzled a WHOPPING $20 Billion subtracting all those before her. And Nigerians are suffering in the midst of our plenty!!!
Una never see anything, sebi APC psychopath said that nothing do refinery, that Jonathan just wickedly shut it up to defraud the nation? the reality will soon dawn on all of you. let our president use his body language repair am abi the body language is no longer working. senseless people.
Una never see anything, sebi APC psychopath said that nothing do refinery, that Jonathan just wickedly shut it up to defraud the nation? the reality will soon dawn on all of you. let our president use his body language repair am abi the body language is no longer working. senseless people.
That is not a problem, take 500m from diezani, Sh is keeping 13bullion pounds for us, after a I is still nnpc money, so stop looking for when you know who I keeping It for you
Sell off to private companies and begin to push for small module refineries. Privatization for now.
Diezani can fix it and it wont even dent all the billions she embezzled from Nigeria. It is rumoured that it was 13 billion pounds. Dont know how far that is true
The $500m will be spent and ttey will not work. Please SELL of the 3 refineries and provide all needed support to the two private refineries that are planned by Dangote and Ubah.
Ok
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I thot Deziani carted away £13 billion. Let dem go get it and fix these refineries. We r tired of excuses
There may be no better option than to scrap all obsolete machines n replace with modern equipment.
Any group that threatens to eliminate a country, is a Terrorist group. Bokoharam is not the only Terrorist group in Nigeria. BIAFRA is a Terrorist group and should be internationally recognized as such.
Then why still wasting time? Nigeria was able to pay the oil marketers a whopping amount of 413 billion Naira for them to import petroleum and we are still talking how to afford? $500m(equivalent to N33b) to repair our oil refineries. Is not penny wise palm foolish? In fact they know what they gain from the delay.
Then why still wasting time? Nigeria was able to pay the oil marketers a whopping amount of 413 billion Naira for them to import petroleum and we are still talking how to afford? $500m(equivalent to N33b) to repair our oil refineries. Is not penny wise palm foolish? In fact they know what they gain from the delay.
any way is ok... after all it will take time to >>>
We would never develop until we divide or they allow the rightful leader win
wetin aboki like for sugar cane?? no be the sweetness??!
wetin aboki like for sugarcane?? no be the sweetness??!
That is small change compared to what Nigerian politicians steal.
Same refinery that they said buhari's body language got them working? Meanwhile gej govt said the TAM of the refinery will be completed by 2016 but APC in other to score cheap political point stop the TAM. APC na scam
all the money wey all of una thief so, and the ones wey dey abroad dem, make una gather dem do the refineries nah! check Gen. Sani Abacha's lot...dat one alone go fit to finish the work.
Linda woju o!
I sincerely believe that something is wrong somewhere. If the refineries were working recently, what happened overnight that we are now hearing a new story? Nigerians need to have the correct update of the position of the refineries. There is need to consolidate the economy. Stolen funds to be recovered with aggressive pursuit. Revenue need to be raked in, wastes to be eliminated.
Meanwhile there is need to build new refineries immediately as dependence on the ones is out of point. Yes I agree that the old ones need to be refurbished and upgraded so that there is good but effective plan to produce what we need despite our population. We will get there in Jesus name. Toks
we have the power to change things for the better but greed, and nonchalant attitude has taken us to the point of no return while we wait upon the Messiah for a permanent change.
I wont be surprised if it is PDP thugs that went to spoil the refineries overnight just to put the country in chaos. This time around, after they repair it, they should put trustworthy security men to guide the place or send an independent company to go and check the situation of refinery
500 to do what? Buhari hehe you are doing the same thing previous administrations did and you said you bringing change! It doesn't even cost $200 million to build a modern refinery in 2 years!
Please check DeZiani's GT acct for this amount quickly. Thanks
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