Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,050 members, 7,810,909 topics. Date: Saturday, 27 April 2024 at 06:13 PM

NNPC: Nigeria Now World’s Largest Petrol Importer - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / NNPC: Nigeria Now World’s Largest Petrol Importer (19167 Views)

Nigeria, World’s 6th Largest Oil Producer, Now World’s Largest Petrol Importer / ‘nigeria Now World’s Largest Petrol Importer’ – NNPC / NNPC: Nigeria Will Never Witness Petrol Scarcity Again (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: NNPC: Nigeria Now World’s Largest Petrol Importer by buhariguy(m): 12:25pm On Mar 02, 2018
achiever12:
Yarimo, sarrki, buhariguy, madridguy, bury your heads in shame
rule of law cannot work in this country,
Even, I want us to suspend the rule of law for now, and see if idiotic pigs of Biafra will not come to their senses.
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by achiever12: 12:38pm On Mar 02, 2018
buhariguy:
rule of law cannot work in this country,
Even, I want us to suspend the rule of law for now, and see if idiotic pigs of Biafra will not come to their senses.

Consider the way some people comment and you will understand why they think Buhari is the best president in the world. They are as dull and as mentally dead as the man they are supporting.

Where is the link between the topic and their comment? None at all. But they are too daft to even know the difference. No wonder they are promoting a man who called Angela Merkel the president of west Germany. shocked shocked
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by buhariguy(m): 12:51pm On Mar 02, 2018
shugamummy:
I need to speak to sarki and madridguy and buhariguy right away. Una master has kidnapped another 105 girls in Dapchi for campaign purpose while the country sinks in poo...he will release them by election time and use it to campaign. Even Osibanjo will not have conscience enough to accept such scam
that is what idiotic pigs of Biafra wants.
They want importation,
They hated buhari because buhari wants to stop importation.
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by buhariguy(m): 1:17pm On Mar 02, 2018
achiever12:


Consider the way some people comment and you will understand why they think Buhari is the best president in the world. They are as dull and as mentally dead as the man they are supporting.

Where is the link between the topic and their comment? None at all. But they are too daft to even know the difference. No wonder they are promoting a man who called Angela Merkel the president of west Germany. shocked shocked
the same way you cannot differentiate idiotic pigs of Biafra and terrorism
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by achiever12: 1:21pm On Mar 02, 2018
buhariguy:
the same way you cannot differentiate idiotic pigs of Biafra and terrorism

Ask yourself if there is any agreement between the topic and your comment.

In case you have short memory like Buhari, the post said Buhari has turned Nigeria to a joke among OPEC nations. Or do you need the attention of an ophthalmologist?
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by wakeupafricanyo: 1:46pm On Mar 02, 2018
DANKWAMBO time ticking
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by maxdosh(m): 1:52pm On Mar 02, 2018
Elslim:
i just don't know who placed a course on dis country

I read somewhere that Nigeria actually means land of darkness in Latin. Niger area is just a cover up by Lord Luggard's wife
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by themanderon: 1:55pm On Mar 02, 2018
Nigeria has been sold a long time ago. Importation has been on even during Abacha period. The truth is some powerful people in and out of government are behind this. Nigeria has no future and they know this. They only want to grab what they can before its game over!!!
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by deasy(m): 2:03pm On Mar 02, 2018
What we have in abundance is what we now import...yet we still suffer at our filling stations - why is it so scarce?

Shey dem dey drink the petrol ni?

What a county
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by blaise00700(m): 2:20pm On Mar 02, 2018
Jamiubond009:
you want swallow your bride? Okay nah. No forget to swallow the groomsman join

My brother no vex, Nigeria mata tire me
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by Gbengageorge: 3:16pm On Mar 02, 2018
Those coconut heads handling Nigeria's government. Na only to chop money them sabi.



agwom:
Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said in Abuja yesterday.

Baru, who spoke through NNPC’s Chief Operating Officer (COO), Upstream, Alhaji Bello Rabiu, at the 2018 Oloibiri Lecture Series (OLEF) while responding to questions from delegates, said the country had reached such import level because the refineries had not worked to their maximum capacity.

The OLEF, organised annually by the Society of Petroleum Engineers (SPE), Nigeria Council, in commemoration of the first oil well drilled in Nigeria at Oloibiri in Bayelsa State in 1956, brings together key industry players to chart the right path for the oil sector.

“As we speak today, Nigeria is the only OPEC country that imports petrol and we are the largest importer of PMS in the world,” Baru said.

“We actually import one million tonnes of PMS every month into a country that produces oil and gas and has refinery. It is a shameful thing, it doesn’t make sense and that is what we are trying to address,” he added.

He said the refineries have not been operating at maximum capacity, but that the NNPC was working to address these challenges with the imminent announcement of investors who would bring in funding for the repair of the plants.

“Upgrades of our refineries from the current name plate capacity of 445,000 barrels of crude oil per day (bpd) to at least 1million bpd is the focus. Discussions with relevant investors and financiers are ongoing. The expectation is that the refineries will be fully back on stream by December 2019,” he said.

The Chairman of SPE Nigeria Council, Mr. Chikezie Nwosu said the SPE-OLEF now in its 18th year, had become a forum that brought together key industry players to discuss on topical issues in the energy industry with a view to influencing the right policy direction to enable the growth of the industry and the economy.

Earlier, in an oil industry address, the GMD announced that Nigeria had seen the most aggressive drop in gas flaring from a peak of 2.5 billion standard cubic feet per day few years ago to about 700 million standard cubic feet per day.

https://www.dailytrust.com.ng/nnpc-nigeria-now-world-s-largest-petrol-importer.html
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by Nobody: 5:57pm On Mar 02, 2018
agwom:
Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said in Abuja yesterday.

Baru, who spoke through NNPC’s Chief Operating Officer (COO), Upstream, Alhaji Bello Rabiu, at the 2018 Oloibiri Lecture Series (OLEF) while responding to questions from delegates, said the country had reached such import level because the refineries had not worked to their maximum capacity.

The OLEF, organised annually by the Society of Petroleum Engineers (SPE), Nigeria Council, in commemoration of the first oil well drilled in Nigeria at Oloibiri in Bayelsa State in 1956, brings together key industry players to chart the right path for the oil sector.

“As we speak today, Nigeria is the only OPEC country that imports petrol and we are the largest importer of PMS in the world,” Baru said.

“We actually import one million tonnes of PMS every month into a country that produces oil and gas and has refinery. It is a shameful thing, it doesn’t make sense and that is what we are trying to address,” he added.

He said the refineries have not been operating at maximum capacity, but that the NNPC was working to address these challenges with the imminent announcement of investors who would bring in funding for the repair of the plants.

“Upgrades of our refineries from the current name plate capacity of 445,000 barrels of crude oil per day (bpd) to at least 1million bpd is the focus. Discussions with relevant investors and financiers are ongoing. The expectation is that the refineries will be fully back on stream by December 2019,” he said.

The Chairman of SPE Nigeria Council, Mr. Chikezie Nwosu said the SPE-OLEF now in its 18th year, had become a forum that brought together key industry players to discuss on topical issues in the energy industry with a view to influencing the right policy direction to enable the growth of the industry and the economy.

Earlier, in an oil industry address, the GMD announced that Nigeria had seen the most aggressive drop in gas flaring from a peak of 2.5 billion standard cubic feet per day few years ago to about 700 million standard cubic feet per day.

https://www.dailytrust.com.ng/nnpc-nigeria-now-world-s-largest-petrol-importer.html

The most painful part of this stūpid situation is that we do not consume that much refined product per day, the bulk of it is made up of non-existent, fraudulent cargoes cooked up by the folks within the NNPC and also that portion that is smuggled out to neighbouring countries.
Re: NNPC: Nigeria Now World’s Largest Petrol Importer by wirinet(m): 6:48pm On Mar 02, 2018
profjustine458:
Throughout Jonathans tenure fuel was never scarce. The only time it became scarce was towards the tail end of GEJ tenure when Buhari started claiming that fuel subsidy is a ruse and that he does not know what fuel subsidy is. Therefore fuel marketers started hording the fuel since they were afraid Buhari would not support subsidy. Today Buhari is Importing fuel ,paying subsidy and fuel situation worse than ever before. Nigerians now sleep at petrol stations in order to buy fuel.. What a shameless change karma don start.

How does your epistle relate to the topic at hand? It says Nigeria has become the largest importer of PMS in the world, which is a huge embarrassment as the 6th largest producer of crude and you are here still crying over Jonathan's loss of almost 3 years ago.
Jonathan was part of the failed leadership that had failed Nigeria. Were you aware that the trillions of naira Jonathan paid to subsidy thieves could have been used to maintain existing refineries and built new ones, thereby avoiding the embarrassing position we found ourselves today.

1 Like

Re: NNPC: Nigeria Now World’s Largest Petrol Importer by sharpsecret: 11:25pm On Mar 02, 2018
we are manufacturers alredy..if we are given biafra we'll manufacture..we all know the exploits of aba..is jx dat nigeria spoils tins 4 us..u hav bought many aba clothes nd shoes,even their chargers nd so on..despite the gorvernment neglect dat we face..china started like aba nw they are one of d best because their government was there..wat can a hausa man manufacture?ur ha8 hav blinded ur sense of reasoning like ur master..go and tell him dat if biafra war did not break us notin else will..infact tel him dat baning importation wil only make aba and biafra be like china

(1) (2) (3) (4) (5) (Reply)

71 Year Old Prof Olofin Jumped Over FenceTo Escape BUK Attack / Ondo Bitumen First Exploitation Begins This Year / Femi Fani-Kayode: I Will Rather Die Than Join APC

Viewing this topic: 1 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.