CSTR2:
Idiott.
On one hand it is too early for buhari to stem the tides of bokoharam, yet it is not too early for buhari to claim another man's labours.
Replying to your thread beyond this would be a very stupidd thing to do.
Enjoy your self-delusion with your likes.
Bye.

dalass:
Wo that NNPC is certainly the MOST CORRUPT ORGANIZATION IN THE WHOLE WORLD!!!

PassingShot:
Before March 28, 2015 Elections:

6. Feb 2015 - Nigerian Engineers to Repair Refineries for N99bn –NNPC
The Nigerian National Petroleum Corporation on Wednesday said it had engaged the services of in-house engineers to rehabilitate the country’s three ailing refineries at a cost of $550m (N99bn), down from the $1.6bn (N288bn) presented to it by foreign contractors.
The refineries are the Port Harcourt Refining Company, Kaduna Refining and Petrochemical Company Limited and the Warri Refining and Petrochemical Company Limited.

The Group Executive Director, Refining and Petrochemicals, NNPC, Mr. Ian Udoh, stated that the corporation resolved to use indigenous engineers because it could not pay the bills of foreign contractors who were nominated by the original builders of the refineries.
http://www.punchng.com/business/business-economy/nigerian-engineers-to-repair-refineries-for-n99bn-nnpc/


Still in March 2015:

7. March 2015 – NNPC to repair refineries with $550m
The Turn Around Maintenance (TAM) of the nation’s refineries will cost $550million, the Nigerian National Petroleum Corporation (NNPC) said yesterday. The corporation blamed the TAM’s delay on the refusal of the original builders of the four refineries to handle the maintenance contracts.
There are two refineries in Port Harcourt, one in Kaduna and another in Warri. They are all working below capacity, unable to meet the consumption demands of Nigerians. http://thenationonlineng.net/new/nnpc-to-repair-refineries-with-550m/

8. As recent as March 6, 2015 - Refineries’ll be back on stream 2016 –NNPC
Nigerian National Petroleum Corporation, NNPC, yesterday assured that the nation’s four refineries would be fully back on stream in the first quarter of 2016. The corporation also explained why the refineries have not been working optimally, disclosing that NNPC could not afford to pay the outrageous charges of its builders.

The corporation’s Coordinator, Corporate Planning and Strategy, Dr. Tim Okon, disclosed these while updating members of the Senate Committee on Petroleum (Downstream) on activities of the refineries.
http://nationalmirroronline.net/new/refineriesll-be-back-on-stream-2016-nnpc/
June 18, 2015 - Nigeria’s refineries to resume production next month
http://www.ngrguardiannews.com/2015/06/nigerias-refineries-to-resume-production-next-month-official/


Going by the stated sequence of events in our refineries as given by NNPC, is there any link or development in the time past to warrant getting the latest news that our refineries will resume production in July?

The spokesman, Ohi Alegbe, stated that “the operations resume after a successful turn-around-maintenance (overhaul) of their facilities” but they didn’t just want to make noise about it! Who is fooling who?

Let GEJ’s supporters help us answer the following questions?
1. When has TAM of plants become an action conducted in secrecy?
2. When was the TAM awarded and to which company?
3. If local engineers were used, who paid the N99bn that was reported to be needed as recent as last February?

Conclusion
I am of the strong opinion that GEJ was completely fooled not only by Diezani and her cohorts but also by the sycophants he surrounded himself with. The man must surely be biting his fingers wherever he is currently. In not making our refineries work, the oil cabals saw a huge avenue to corruptly enrich themselves and they seized the opportunity through oil subsidies.

It is not unknown what PMB’s stand on fuel subsidy is. He has consistently maintained that the oil subsidy was a fraud and that he would look into why our refineries have not worked. PMB recently rubbished the fuel subsidy scam when he said “I don’t know what fuel subsidy means” - http://dailytrust.com.ng/sunday/index.php/top-stories/20804-i-don-t-know-what-fuel-subsidy-means-buhari.

The president has also been reported to be set to probe NNPC N30trn unaccounted oil revenue under Jonathan - http://www.nationaldailyng.com/news/latest-news/4116-buhari-set-to-probe-nnpc-n30trn-unaccounted-oil-revenue-under-jonathan

The fact of the matter is that, NNPC’s top shots are aware of what PMB knows. They know him to know the workings of NNPC and our refineries having been a petroleum minister and a former Head of State. As such, it is reasonable to expect the corporation (NNPC) to act differently with him than what they did with GEJ.

The famous quote by Abraham Lincoln is very apt here:
“You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.”


I therefore challenge any of GEJ's supporters and sympathizers to prove otherwise.

ECOTERRORS:
I will repost this your post in every page. May God bless you. Where is barcanista?

SarahBabyxx:


Instead of calling him an I'diot why don't you counter his points

Jorussia:
.I believe the NNPC and the ministry of petroleum were not sincere about the real state of our refineries. They kept on telling Nigerians that they have signed turnaround maintenance, and yet no work on ground to show for it.In the past administration,we were told that turnaround maintenance takes between 6-12 months,but one wonders how this turnaround maintenance is taking few weeks to do.The bottom line is,our refinery was not as bad as we were made to believe, rather the agents of NNPC and ministry wanted the continuation of petroleum importation for their selfish interest.Its the body language of PMB,that has brought this new development.

Jorussia:
taking care of refineries, when NNPC said the refineries will be back by 2016?Turnaround maintenance already on and GEJ didn't use it for campaign? My guy,please be reasonable.

geesampower:
Hehehehe Sister, easy o.

barcanista:
hey Dear, what's up! I just saw this thread...I hope they are prepared for rebuttal!

Whynotthetruth:


there are more olodo than I imagined around here...

1)Issuing bonds is same thing that will trigger increased debts...A reason for which APC has been making noise notwithstanding states controlled by them owe and borrow more...

2)NNPC by the law setting them up finance their projects from their income while sending the balance to CBN as revenue for all tiers of government...so FG cannot borrow money and send to them so to say...

3)Raising bonds isn't a question of days...rather lots of calculations of short; medium and long term pros and cons are involved... you can use borrowing from commercial banks to understand my explanation better bro...


4)1 trillion...do you know how much our total budget is? and even our total subsidy package?... nawa for una...all these beer parlour boys here sef...

5)Why not understand the basics of economics and elementary governance procedures before engaging in such discussions are these...

Bovis:
I wonder why they picked the month of April as completion date , perhaps to fool us till April 2019
The wind of change don blow fowl Yansh open. The subsidy scam started during the days of OBJ. All the top PDP goons benefited from it.

Imokay:


I don't have your time, so government will issue bonds, pay 15% interest and do nothing with the money abi? i see why Jonathan had many dumb supporters like himself.
I guess the refineries where also build with only NNPC internal funds likewise the NLNG plant etc. Wake Mr. this is age of information

Give us how much Jonthan paid as subsidy yearly for the past 5 years and come and justify it's inability to raise 99 Billion to save more that 80% of that amount.

I have no time time to address your other misinformation

CSTR2:
Idiott.
On one hand it is too early for buhari to stem the tides of bokoharam, yet it is not too early for buhari to claim another man's labours.
Replying to your thread beyond this would be a very stupidd thing to do.
Enjoy your self-delusion with your likes.
Bye.

CSTR2:
Idiott.
On one hand it is too early for buhari to stem the tides of bokoharam, yet it is not too early for buhari to claim another man's labours.
Replying to your thread beyond this would be a very stupidd thing to do.
Enjoy your self-delusion with your likes.
Bye.

Whynotthetruth:


If only the madman knows that he's mad

Just like the numerous bonds issued by Aregbesola and co brought unimaginable development to their people...


At FULL capacity, all four refineries will produce 19million litres daily...Consumption capacity for Nigeria daily is 40million litres...So how do you save your 80% from subsidy bro

Who's misinformed here now?...smh

OREMUSSANCTUS:

Esan woman
U leave tony anenih dhe support anoda party
Support ur own
Jonathan is our own

meracool:
NNPC is just too shady for this reason GEJ did nothing to the refineries

All he gave us were all scam Oil Subsidy, green fields refinery etc....

If GEJ was the winner of the election NNPC will still maintain that the refineries will work in 2016.

Obiagelli:

From the links posted by the OP, it's hard to tell, especially that it is reported that the Goodluck administration had plans to sell them to "friends".

One theory is that the refineries could deliberately have been stopped from working because of the juicy frauds from subsidy payment.

atlwireles:


How to beat some sense into NL Olodos. Brought to you by Soul train.

Imokay:


You are still on your self imposed mission to justify frittering away about 4 trillion on subsidy payment because some phantom laws prevents FG or NNPC from sourcing 99 Billion to save a huge chunk of the payment. So many comedians posing as public analyst.

For your information i dis agree with NNPC statement that the refineries will only give 19 million litres of petrol.

Do the math, if the refineries work at 100% capacity of 450,000 bopd this equivalent to 71 million litres + of crude.

The conversion rate of crude with cracking is approximately 45 - 51%.

Taking 45% conversion we should have 32 million litres of petrol daily

The 19 million litres daily mentioned by NNPC is barely 60% capacity utilisation or an abysmal 28% or thereabout conversion rate,



I am not like Jonathan who was told stealing is not corruption by a Judge and came public to mess himself up by placing it wrongly in public domain. Or FRSC boss told him accidents happen more on good roads and he came to repeat it verbatim in public, insinuating his government will leave roads is bad shape.

Évery public information should be open to scrutiny, non is cast in stone until we all agree it is true.

andresia:
Sai Buhari!
Kai Jonathan!

IsraeliAIRFORCE:


Let me help you as an Automation Engineer and Process Control Expert. The continuous function of our refineries are dependent of so many functions which the most is availability of spare parts and modules.