IsraeliAIRFORCE:


Please tell Nigerians how Jonathan and his economic team would have managed N149b in 2015 budget without functional refineries?

TRUTHTOPOWER:


The reason given was crash in oil price and burden of subsidy on national budget. nowhere was refinery mentioned as the reason. NOWHERE AT ALL! In fact 2016 was the target date. this date has always been shifting since GEJ settled down. his time was the longest period in history when all refineries were down and oil barons were smiling to the bank. in fact GEJ time occupied 100% of the total time all refineries will breakdown since we have them 30 years ago. no country in the world with far older refineries has ever achieved this decadent feat!

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.

JustNess:


..And Buhari nor the APC never call any press conference to let Nigerians know about its huge achievement in 3 weeks.

Whynotthetruth:



All the facts stated favours Jonathan but because he's deranged and schizophrenic he could not see them hence deserves every insult...

1)There's evidence of project initiation by Jonathan...

2)There's evidence of project financing by Jonathan...

3)There's evidence of project execution by Jonathan...

4)There's evidence with some discrepancy in date of delivery... a forecast which is subject to human factor or error...

5)There's NO evidence that alhaji dogoyaro did anything towards this project either by policy or funding or anything...

6)So why would a sane mind ever think of applauding dogoyaro here...why same folks would support that it is not late for alhaji dogoyaro to appoint his cabinet or judge him with increased bombing by insurgents...

DropShot:
[s][/s]
And there is clear evidence that NNPC, as recently as Feb/March this year was still looking to sign agreement for TAM for our refineries. Also there is an evidence that NNPC clearly said the refineries cannot come on stream before 2016.

The OP clearly stated all these in his post, yet people like you cannot or have refused to reason.
Use your brain! I have no time for jobless people.

Whynotthetruth:


you're a dullard like the one from daura...

Go back and read bro...get an interpreter if possible to save yourself more embarrassment...

February incident was when they were defending their budget for 2015, hence they explained that their payments were spread over 18months for ease of funding for the ONGOING TAM being undertaking by local engineers ENGAGED by them having ditched the group recommended by original builders due to cost...

Hope I have broken it down for you now...and to think you stupidly cancelled my statement of facts without understanding a thing than arguing blindly makes your case pathetic the more...

See this ediotic malnourished hungry e-billionaire and braggart calling his father jobless...smh

DropShot:
[s][/s] Trash! Hogwash! Nonsense!

How Crude Oil Swaps, OPAs Stalled NNPC Refinery Operations

21 Jun 2015
...
...
... ...

Extensive interviews with officials of NNPC and industry operators revealed that contrary to the perception that has been created for some time that the nation’s four refineries were operating at suboptimal capacity, thus necessitating the massive importation of petroleum products, certain elements within the system, with endorsement of the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, ensured that the refineries were starved of crude oil.
....
... ...
... ... ...
Frustrated with the impasse, Yakubu, using his approval limit as the NNPC boss, but without the knowledge of Alison-Madueke, started making $2.5 million monthly to the management of the three refineries and encouraged them to revamp the plants with local and external engineers.

Under this arrangement, the refineries were fixed about a year ago and ready to churn out petroleum products, which would have slashed the volume of imported fuel by more than 50 per cent and significantly reduced pressure on the country’s foreign reserves.
In addition, the construction of a power plant for the Port Harcourt refinery was concluded at the beginning of the year to enhance its ability to operate efficiently.

However, instead of ensuring that crude oil was made available to the refineries for domestic consumption, Alison-Madueke, in conjunction with the Pipelines and Products Marketing Company (PPMC), increased the crude oil swaps and OPAs from some 270,000 bpd to 445,000 bpd, thus starving the refineries of crude oil.

PassingShot:

True that. The woman was a big time scammer!

How Crude Oil Swaps, OPAS Stalled NNPC Refinery Operations -- https://www.nairaland.com/2394352/how-crude-oil-swaps-opas

philips70:


Jonathan was never fooled. We are talking about a PhD holder who has worked in OMPADEC as a director here. He was head, neck and shoulders involved in whatever scam in NNPC. We are not fools! As we speak lots of management staff of NNPC have resigned and ran away. This is confirmed gists.

Whynotthetruth:


Not surprised... can one expect any better from a dullard

TheOtherview:


And some of those who stayed behind are now singing like canaries...

philips70:


Exactly. You know these career guys are not as sagacious as politicians who are chronic jobbers.

TheOtherview:


Notice how the rather bellicose TANoids who were all over this thread yesterday have since absconded?
Such is the lot of fickle minds that are propelled solely by primordial instincts.

kaboninc:

Another alternate for jpphilips?

TheOtherview:

TheOtherview:
Whynottruth, IsraeliAIRFORCE, OREMUSSANCTUS, COTERRORS, IzonOwei, taharqa, Firefire, and other unrepentant TANoids,

You see why your pedestrian and morally unconscionable input on this thread really riles the mind?



Source: http://www.thisdaylive.com/articles/how-crude-oil-swaps-opas-stalled-nnpc-refinery-operations/212663/

It is instructive to note that this excerpt comes straight from the stables of a media outfit known for its highly favourable disposition to Jonathan's lackluster administration.

IsraeliAIRFORCE:


Another unknown probably opposition Officials trying to smear the name of the Minister.

Who do you take me for in career Politics?

We are only dealing with official NNPC reports not gossips from disenchanted unknown official.

Don't expect to hear favourable report from out-of-touch ex-union leaders

Cc: Obiagelli

iluvnaija:
Have ya'll forgotten last year Madueke said we will continue to import fuel for the next 25yrs? How come GEJ didnt campaign with refinnaries working soon? He never made mention of it not even once.

Common sense don scarce for Nigeria. Chai!

StCapital:
PassingShot@ In your dream if they told you that our Refineries started working because Pmb's administration revived it you will believe. For your information they started working on our refineries since last year,please you people should stop giving pmb credit on developments he knows nothing about, let me ask you this,as at May 28 who was in control of Nnpc Gej or Pmb ,did pmb revived it before assuming office, people like you will start praising Pmb on this Electricity improvement in some parts of the country without remembering that somebody was at the helm of Affairs before pmb.

ubreeze:
1. Yes that is true
.

ubreeze:

1. Yes that is true
2. Also true

3.Also true but here you got it wrong. That report stated that FG signed Heads of agreement and not CONTRACT. There is a world of difference between the 2. A heads of agreement is a non-binding document outlining the main issues relevant to a tentative (partnership or other) agreement.[1] A heads of agreement document will only be enforceable when it is adopted into a parent contract and subsequently agreed upon. Until that point, a heads of agreement will not be legally binding.So in a lay man's term, they were still in discussions.

4. U used the word plans. I actually see the issue you have here, u think signing a Million Dollar contract is the same as contracting someone to supply sand to your bulding site.

5. Your source ofinformationhere is not credible, its just a blog and we all know theirstock in trade SENSATIONALISM. The more sensational the story, the more readership. But for the sake of arguement, the TAM was phased and production was not meant to be improved until the final stages, i hope u are now clear on that.

6. What is the case here? Anyone who followed the TAM process knew that the Original Refineries Builders ORB refused to carry out the TAM, they instead recommended SAIPEM. SAIPEM's bill was outrageous and NNPC had to opt for the Original Equipment Manufacturers. These guys were to work with indeginoues Engineers to carry out the TAM. So i ask again, what point are youy making here. The Group Executive Director, Refining and Petrochemicals, NNPC, Mr. Ian Udoh spoke during a press briefing organised by the corporation to refute claims that it was indicted by the report of the forensic audit carried out on its operations by PriceWaterhouseCoopers. Thatdoes not mean that it was in Feb 2015 that indeginous Engineers were contracted for the TAM. You shared the link, i thought u would av taken time to read and comprehend it yourself.

7. lol, my guy u are really confused. Kindly tell me the date of this publication.You are just mixing up events.

8. Let me quote the opening statement of the link u posted, "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." Let me draw emphasis to two parts in that statement, FOUR REFINERIES and FULLY. I now ask, are the FOUR REFINERIES FULLY back onsream? I rest my case.

In the second link you pasted, 3 of the refineries are to RESUME PRODUCTION but was it mentioned that it will be MAXIMUM production? Reading comes easy but comprehension does not.

to answer your quest5ions
1. The TAM was not carried out in secrecy, every major newspaper in Nigeria reported it but then we only read blogs. The TAM has even been a subject of controversy and has been coming up on the news because Nigerians felt NNPC actualling went ahead with the $1.6bn bid presented by the companies recommended by the ORBs. NNPC has been defending its actions letting Nigerians know that the total costing will amount to $550M

2. I dont have that answer right now but i will in 2 days.

3. It was paid by GEJ's administration. In the link u used to lend credence to your N99BN indeginous engineers point, it was stated clearly that NNPC held a press conference in Feb 2015 to clear allegations that it was indicted by the PriceWaterhouseCoopers audit report. If i may quote the report, “Even the $550m is quite much. So, we amortised it over 18 months so that we will be able to swallow it in bits more easily. The 18 months started since last October and this means that early next year, the refineries should be in shape.
So bro, the TAM started in October 2014, was in phases, is still ongoing, has nothing to do with Buhari.”

I now throw a challenge to anyone saying Buhari has a hand in the TAM to tell me how.