FastShipping:
Question for the gods............

egift:


No it is not for the gods. It is a question for every Nigeria to ask and be clear on its answer. How can we export crude, refine it and still import the finished product for local use. Many politicians have Filling Stations and Refineries outside, they steal and siphon/bunker our crude and still sell it back to us.

Mathematically,
If, Buhari that stayed for 20 moths built Two Refineries (One per 10 months)
And, PDP has been in power for 15yrs (180 months)
Then, PDP should have built 18 Refineries (1 per 10 months).
But, PDP have start and completed 0 (zero) Refineries.
Therefore, I put it to you that PDP have Failed Nigeria

egift:
- It was under the tenure of Buhari that the Nigerian National Oil Corporation and the Ministry of Petroleum Resources were reorganized to form the Nigerian National Petroleum Corporation (NNPC), and he also was NNPC's first Chairman. A job he performed without blemish.

- Buhari spearheaded the construction of 20 oil depots throughout the country, a project involving over 3200 kilometers of pipelines.

- Under his leadership both Warri and Kaduna Refineries were built.

- He drew up the blueprint for the country’s petro-chemical and liquefied natural gas programmes all without even a hint of scandal.

Can someone tell us the number of Refineries PDP has constructed in Nigeria - in their 15 years of being in Power.

onyengbu:
So he is the one that came up with the clannish idea of pumping crude oil from porthacourt to kaduna so that north will be happy?

No wonder?!!! The guy will never change!

egift:


You should applaud ingenuity when you see one. Which is easier?
1. - To Pipeline crude to Kaduna, refine it, and use it as a sling-ball to distribute kerosene, PMS, Gas, coal-tar, and other by-products in the upper regions on Nigeria.

OR

2. - To refine in PH and use truck to transport all those volume throughout the other sections of Nigeria. The truck will be consuming most of the products. You need 1000s of Tankers to sustain supply. And when the volume of Supply fall, the laws of Demand and Supply will kick in.

Which is best?

onyengbu:
So you think its easy to maintain a refinery?

onyengbu:
[s]What is the quantity of diesel consumed by a single truck or train compared to the quantity its transporting.
Be more rational in your thinking and you will realize you are not making sense. Transporting crude products to North by either trains or trucks is far cheaper than running a fresh refinery up there.[/s]

egift:


You should applaud ingenuity when you see one. Which is easier?
1. - To Pipeline crude to Kaduna, refine it, and use it as a sling-ball to distribute kerosene, PMS, Gas, coal-tar, and other by-products in the upper regions on Nigeria.

OR

2. - To refine in PH and use truck to transport all those volume throughout the other sections of Nigeria. The truck will be consuming most of the products. You need 1000s of Tankers to sustain supply. And when the volume of Supply fall, the laws of Demand and Supply will kick in.

Which is best?

tit:


Na so your sense reach?
If we leave you now, you go think say you dey make sense.
PH and Warri are already the slingballs for distributing refined products.
If you want to create another hub, why should it be kaduna? which is at one extreme.
then you still have to truck the refined products to the industrial centers where they are consumed.

egift:

Wait are you in any suggesting he should NOT have built the Refineries? Out of Nigeria's current 4 Refineries, Buhari built 2 within the 20 months he was head of State.

stabilizer:



bros I beg oo wetin con be your own suggestion jare

tit:
Na so your sense reach?
If we leave you now, you go think say you dey make sense.
PH and Warri are already the slingballs for distributing refined products.

tit:
Stop lying!
the second PH refinery and the Warri refinery were commissioned by His Excellency Alhaji Shehu Shagari.
These refineries were conceptualized by Gowon. Actual construction started under Muritala/Obasanjo about 1975.

in your wet dreams you think a refinery can be conceptualized, designed and build in 20 months?
No wonder you want us to elect a mugu as president.

egift:


Read the post, Buhari was Head of NNPC.

CyberWolf:
That egift is a clown ...common basic economics you and your Lord Buhari no sabi, yet you want to rule Nigeria..smh

egift:

- For clarity sake, Buhari is not my Lord. He is a million miles better than the Zoologist in all ramifications.

@Bold:
ECONOMY
Inherited a dwindling economy,
1. Paid of $50m loan within few days of assumption and cleared the country's debt
2. Reduced Inflation from 23% to 3.21% within 20months.
3. Nigeria's GDP by Purchasing Power Parity was $941.2, it Grew by 8.56 %
3. Refused to devalue the Naira
4. Curbing imports of needless goods, curtailing oil theft and using counter trade policy to barter seized illegally bunkered crude oil for needful goods like machinery, enabling it to export above its OPEC quota.
5. Under Buhari, Hoarded Goods were Sold at prices below market.
Copyright © 2014. Bacarnista. All Rights Reserved.

onyengbu:

So you think its easy to maintain a refinery? .

femmy2010:


Are you kidding me?
Exporting Crude oil ,re-importing Petroleum and still using our money to subsidise what was freely given to Nigeria by God is cheaper right?

tit:
yes oo!
that was when he stole 2.9 billion dollars!

tit:


government should comot hand for all this business.

tit:

if you have taken an economics class, you know you refine materials close to source.
If you transport raw materials, you are transporting unwanted/unuseful by-products.
The useless materials you transport adds to the cost of the business. And leads to unnecessary expenditure.
Nigeria built a 24" line from the Niger Delta to Kaduna because they needed that to transport crude, sand, other impurities and produced water.
Do not forget all the furnishing you need to make the material flow from sea level up the the plateau highlands.
it is like you are making water flow upwards!
You would need pump stations and additives to make the heavy crude flow.
If they were to transport petrol alone, they would only need maybe a 6" pipeline. This would also flow more easily.
You get more efficient use of scarce resources if you only transport the refined and useful material.
The decision to site a refinery in Kaduna cannot be justified by any fiscal means.
infacti, it is a air-brained decision!