Islie:


https://punchng.com/marketers-disagree-with-tinubus-tax-adviser-on-refineries-sale/?amp

Like master, like slave.

Most assets sold by Pa Obj are now depleted so this refineries sale should not be the only option on the table. Jimoh Ibrahim said more than this then but we know the rot he is currently being tried for. He was parading himself then as tax expert too but all na wash. No real character.

I see reason advanced that we should secure our mational energy assets. The real issue is now how we can secure without losing control yet run it efficiently. If it requires everyone to work there to swear before Ogun to kill him or her if he or she abuses our national trust so be it. Prof Wande Abimbola once advocated this measure because they will be struck by thunder immediately they betray the trust.

We need creative and potent way to solve this Refinery problem. All options must be on the table including those found frustrating us should be tried to face death penalty.

Confusion everywhere

Good one from oyedele

Bad one from the marketers

Foolish talk, why's that what brings blessings to others is always a curse to us? If Nigeria can't manage the refineries they should allow the white to come and manage it for us as usual.

Let him sell the one in sadwaste.

RepoMan007:
Lie lie people. The refineries can work efficiently. Corruption is fixable and isnt a mountain every other thing has to move aside for.

what you hear that man say is scripted by the powers that don't want us to refine our crude oil,do you think Singapore,Belgium Holland,Brazil,etc countries that refine our oil will fold their hands and watch us wean yourselves,what this man is talking is treasonable felony,if men in the creeks can refine crude oil with the most primitive technology why can't nnpc.

What Oloyede said is nothing but the bitter truth. But Nigerians prefer hearing lies so the government keep on telling them that the refineries will work SOON.

Any knowledgeable person knows that the best thing for us as a country is to sell the refineries. But labour will always oppose it because their PENGASSAN members are benefiting enormously from the comatose state of the refineries and the billions of dollars we have spent in the so called Turn Around Maintenance.

Look at the previously moribund Port Harcourt Petrochemicals Company that the sale was opposed by Labour. It is now Indorama and it has never stopped working since its sale. They pay billions of naira annually as dividends to the federal government, Rivers State government and the host community, Eleme. If the bluff of Labour was not called, it would have still remained moribund and a drain on our economy like the refineries.

Now, it will even be hard for us to find a buyer for the refineries considering that they are hardly suited for the present business climate of refineries in which a major consideration now is the economics of scale. We had a lifeline when Obasanjo sold two of the refineries to Dangote and Otedola for 700 million dollars. But Labour forced Yaradua to reverse the sale and here we are today still talking about them. That was the dumbest decision, in my opinion, that Yaradua made in his short lived presidency.

Even if those refineries start to work, it won't be long before they pack up again. Government can not manage the refineries. That is the truth that we have to face instead of living in denial. The only logical solution is to sell them, that is if we can get a buyer now.

I know marketers will never agree on this issue, they FG if sale it to private company the refinery will start operation and they can't make money again they prefer take crude to abroad refine it and sale it back to Nigeria.

Islie:


https://punchng.com/marketers-disagree-with-tinubus-tax-adviser-on-refineries-sale/?amp

God bless Mr Osatuyi for standing upright. Their brain-dead supporters will applaud any and this statement(s) from these clowns. Like masters, like slaves.

Islie:


https://punchng.com/marketers-disagree-with-tinubus-tax-adviser-on-refineries-sale/?amp

I dedicate "Nigeria jagajaga" by Idris aldukareem to all Jagabanians, Agbadorians and certificate forgers world wide

slivertongue:
the Refinaries should be privatised

mention the 10 country privatised their refinery, just 10

Chetas81:
mention the 10 country privatised their refinery, just 10

Mention Ten countries as corrupt as Nigeria

Angelfrost:
What a Circus show...!

It's so hard to believe this country was once the Giant of Africa.


A lesson to future generations... Never allow ethnic and religious sentiments interfere with selection of leaders.

This Nigeria's fall from grace should and will be studied for decades to come... Smh!

APC people have reduced the once giant of Africa to nothing. Even Afghanistan is better than Nigeria

Instead of repairing the refineries and entrenching good management, we should pray they don't work at all?

I TELL YOU THAT, SICK CITIZEN,BAD CITIZEN, THE MOST FOOOOOOLISH CITIZEN LIVE IN NIGERIA, THE FRAUDULENT CITIZEN NOT LEFT BEHIND, THE CROOD OIL BELONG TO US, THE REFINERY BELONGS TO US, TELL ME HOW DO YOU COME UP WITH YOUR FRAUDULENT CALCULATIONS, IT'S OUR NONSENSE CHOICE NOT TO PRODUCED WHAT WE NEED, BUT LIVE ON IMPORTATION,AWON WÉRÉ

Teacher dont teach us nonsense. .

Stupid tax adviser.

RepoMan007:
Lie lie people. The refineries can work efficiently. Corruption is fixable and isnt a mountain every other thing has to move aside for.

Even developed countries hardly have government owned refineries because public corporations never work efficiently anywhere in the yet Nigerian like you would rather manage inefficiency than to allow the private sector drive the economy.

okoroemeka:
what you hear that man day is scripted by the powers that don't want us to refine our crude oil,do you think Singapore,Belgium Holland,Brazil,etc countries that refine our oil will fold their hands and watch us wean yourselves,what this man is talking is treasonable felony,if men in the creeks can refine crude oil with the most primitive technology why can't nnpc.

What is treasonable about what he said?

Taiwo's submission was based on facts. He referred to the NA's findings that over N10trillion has been spent yet the refineries are not working.

So the smart and obvious conclusion is to move control of the refinery operations away from Government to private investors who know how to run things.

Selling the refineries doesn't mean refining will not be done in Nigeria. The assets are here and the owners will operate them here, just like Shell and other multinationals do. Or it may even be local investors, so Nigeria is not losing value but rather optimizing it.

neyopompin2023:
Mention Ten countries as corrupt as Nigeria

so to avoid corruption,we need to privatised the refinery, anyway, the Nigeria remain in one place, if they don't change their Mentality

The refineries should have a public private partnership like LNG!

slivertongue:
the Refinaries should be privatised

Who will do the privatisation, the same people that privatise ALCON, AJaokuta and NEPA?

I believe their is no harm in trying. Let’s try to achieve that one at least with the money we have succeeded in saving from fuel subsidy

Welcome to Nigeria Nairalanders. Celebrate our political leaders and their excellent system of governance lol

Sangoamadioha1:
They have started again. First it was remove subsidy and float the naira and all our problems will be over. We are all witnessing the result of these policies. Now we should not repair our refineries We have very dumb but vocal people in Nigeria, which is part of our biggest challenges.

He is right bro. .. what he meant is that if the government that cannot fix the refineries in many years are to run the same refineries, their lacklustre attitudes and criminal activities will make it difficulty hence the potential increment in the price. Instead of that , government should privatize the refineries and hand off completely. That's a good suggestion dear brother.

waziri4biz:

Even developed countries hardly have government owned refineries because public corporations never work efficiently anywhere in the yet Nigerian like you would rather manage inefficiency than to allow the private sector drive the economy.

take am easy. Life pass money.

“The government that wants the refineries to work knows what they are doing. Having our own refineries guarantees energy security and would also create more jobs." - Mike Osatuyi

This Mike Osatuyi is a reeeetard and son of a pure whoooore!

If they know what they are doing, you daft cuuunt, how come the refineries are not working?

Bloody son of a community whooore!

Jagaban.
Our messiah.

Islie:


https://punchng.com/marketers-disagree-with-tinubus-tax-adviser-on-refineries-sale/?amp

He is very correct.We need to sell those refineries.repairing is waste of time.wat we need is to build new ones those refineries are too old n inefficient. Also ,NNPC being an NOC can never properply manage their production efficiently. NNPC is an employment venture.

Why don't dey disagree.

Greedy marketers.