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No Money To Fix Refineries – FG - Politics (3) - Nairaland

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Refineries Produced No Petrol In Past Eight Months – NNPC / We Won’t Sell NNPC, Refineries, FG Assures / Ten Modular Refineries Reach Advanced Stage – Presidency (2) (3) (4)

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Re: No Money To Fix Refineries – FG by loomer: 10:45am On Mar 15, 2018
you dont need to fix these things, just try to build new ones. you guys keep taking loans for useless reasons. why not take loan to build new ones?
Re: No Money To Fix Refineries – FG by femo86(m): 10:50am On Mar 15, 2018
No money.....Thieves of the highest order..

Awon ole jatiti...Barawo danbaza

No money but you guys are collecting Furniture allowances, Olosho allowances, Wardrobe allowances etc all in f**kin millions of naira...
Apart from all these crazy earnings, una still dey loot wella...No wonder that one dey dance, the other one dey buy exotic cars, etc

Una wan drain dis country finally to d last kobo....Politicians, fear God nah abeg..abeg nah cry cry cry cry
When will dis country be better? God abeg come to our aid nah, just strike all of them once in Aso rock or wherever...Our suffer don do

Why dem born me for naija self

Na time sha......
Re: No Money To Fix Refineries – FG by deebrownneymar: 10:57am On Mar 15, 2018
So here we are now after all the many promises to fix the refinery within a few months. It's a shame one man, who many are way richer than in this country, is building a refinery in Lagos, but a whole Nigeria is claiming that there's no money because it would affect their looting. It's very sad.

1 Like

Re: No Money To Fix Refineries – FG by lobell: 10:57am On Mar 15, 2018
But they have money to look for oil in Boko Haram territories and also pay ransom, okwa ya?

Just sell the damn refineries already, let people who know how to run a business get their share of the national cake biko.
Re: No Money To Fix Refineries – FG by Meekha(m): 11:07am On Mar 15, 2018
Dangote singlehandedly is building his own refinery and yet the government of the federal republic of Nigerian, the supposed giant of Africa doesn't have the money to build her own refinery!_
Chai!! who did this to us??
Re: No Money To Fix Refineries – FG by babashiko(m): 11:08am On Mar 15, 2018
But they have more money to spend on looking for oil in Northern part of the country
Re: No Money To Fix Refineries – FG by Yahami(m): 11:18am On Mar 15, 2018
JosEast:
The Federal Government has said that it has no money to fix the nation's refineries.

The Minister of State for Petroleum Resources, Ibe Kachikwu, disclosed this on Wednesday while briefing State House correspondents after the cabinet meeting presided over by Vice President Yemi Osinbajo.

The minister stated that he had given all the guidance required to fix the refineries.

He said the government had to raise money through a Public-Private Partnership model.

He stated: "As a seasoned professional, I have given all the guidance that is required to fix the refineries. We came into a situation where we don’t have money to fix the refineries. We had to raise the money looking into the PPP model; it has to go through a process.

"The technical committee is headed by the NNPC. Obviously they'll submit their report to the board when they complete their work. So, from a governance and guidance sense, steering point of view, I think that steering is right on track, from a management of the technical aspect of the contracting, that is something we would have to allow NNPC handle, it is not the job of the ministry to superimpose, you’ve got to let them do their work and do it efficiently."

Kachikwu also said that the proposed modular refineries in Delta and Rivers States were not meant to address the current refining gap.

“On modular refineries; modular wasn’t supposed to provide a sufficient solution to your product needs, modulars are on the average between 2,000 and 5,000 maybe 10,000 at most capacity per refinery. Your consumption is about 630,000 barrels per day, that is not the essence of modular, what modular was supposed to do for us is provide work within some of these communities where people are busy doing illegal refining.

“It’s not meant to address the refining product gap we have in the country, we are hoping that those gaps will be covered by a mixture of the three or four refineries that government owns currently, Warri, Port Harcourt and Kaduna and of course the Dangote refinery of 600 barrels,” he said.

https://www.dailytrust.com.ng/no-money-to-fix-refineries-fg.html

I don't really understand which kind of leadership we have in this country, we heard that our external reserve has rise from $25B to $46B now we don't have money to repair common refinery not to build new refinery then what's the gain for the suffering masses for that.
just can't understand govt of unproductive that is competing with productive government. definitely if you are productive we shouldn't have such money and people continue to suffer under your watch, its never an achievement take note just a concern citizens
Re: No Money To Fix Refineries – FG by Temptee101(m): 11:20am On Mar 15, 2018
I have nothing to say
Re: No Money To Fix Refineries – FG by Vince77(m): 12:12pm On Mar 15, 2018
The painful part is that after all these, many will still vote for buhari in 2019.
Re: No Money To Fix Refineries – FG by Ferdinandu(m): 2:19pm On Mar 15, 2018
life2017:
sell all the refinery as scrap for 1 dollar to an international company who can revamp it with huge investment and manage it efficiently.

Government don't have refineries in United State, UK, France, Italy etc. Refineries are own by private corporations. Nigeria govt should stop investing and wasting money on Refineries.
Selling it off just like that is not the solution. The PHCN they sold off like that, what do we have. Every month your bills will keep increasing while the no of hours the power is provided to you keeps decreasing.
Re: No Money To Fix Refineries – FG by godliman: 3:25pm On Mar 15, 2018
FarahAideed:
But there is money to keep paying Boko Haram ransome and there is money for cattle colonies across Nigeria .. na wa oo this clearly a govt that cares more about the welfare of terrorist than Nigerians
There is also 800 million for centre for arabic and islamic studies. I dont know who cursed this country
Re: No Money To Fix Refineries – FG by Nobody: 3:35pm On Mar 15, 2018
But there is money to buy bullet proof cars, including 13.8 million naira monthly stipend for the members of the house. Smh
Re: No Money To Fix Refineries – FG by Rockyrascal(m): 4:06pm On Mar 15, 2018
life2017:
sell all the refinery as scrap for 1 dollar to an international company who can revamp it with huge investment and manage it efficiently.

Government don't have refineries in United State, UK, France, Italy etc. Refineries are own by private corporations. Nigeria govt should stop investing and wasting money on Refineries.
this nations you stated out are actually not oil producing countries; but in our own case right now I do concur with u...it's time we privatise our Refineries!.
Re: No Money To Fix Refineries – FG by jacyhelen(f): 8:09pm On Mar 15, 2018
JosEast:
The Federal Government has said that it has no money to fix the nation's refineries.

The Minister of State for Petroleum Resources, Ibe Kachikwu, disclosed this on Wednesday while briefing State House correspondents after the cabinet meeting presided over by Vice President Yemi Osinbajo.

The minister stated that he had given all the guidance required to fix the refineries.

He said the government had to raise money through a Public-Private Partnership model.

He stated: "As a seasoned professional, I have given all the guidance that is required to fix the refineries. We came into a situation where we don’t have money to fix the refineries. We had to raise the money looking into the PPP model; it has to go through a process.

"The technical committee is headed by the NNPC. Obviously they'll submit their report to the board when they complete their work. So, from a governance and guidance sense, steering point of view, I think that steering is right on track, from a management of the technical aspect of the contracting, that is something we would have to allow NNPC handle, it is not the job of the ministry to superimpose, you’ve got to let them do their work and do it efficiently."

Kachikwu also said that the proposed modular refineries in Delta and Rivers States were not meant to address the current refining gap.

“On modular refineries; modular wasn’t supposed to provide a sufficient solution to your product needs, modulars are on the average between 2,000 and 5,000 maybe 10,000 at most capacity per refinery. Your consumption is about 630,000 barrels per day, that is not the essence of modular, what modular was supposed to do for us is provide work within some of these communities where people are busy doing illegal refining.

“It’s not meant to address the refining product gap we have in the country, we are hoping that those gaps will be covered by a mixture of the three or four refineries that government owns currently, Warri, Port Harcourt and Kaduna and of course the Dangote refinery of 600 barrels,” he said.

https://www.dailytrust.com.ng/no-money-to-fix-refineries-fg.html


useless shithole idiotic country of zoo animals

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