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Nairaland Forum / Nairaland / General / Business / BUA Group To Build 200,000bpd Refinery And Petrochemical Plant (23794 Views)
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Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by VULCAN(m): 11:56am On Sep 02, 2020 |
It is your type whose thinking is controlled by what authorities say. Nothing new or original. Always parroting what you were told. If you read to understand like you want others to do you would have seen where i said building refineries is a good thing. But like Buhari anything that doesn't immediately praise sing you is an attack. I laugh at your ignorant statement with our present level of industrialisation when the basis of industrialisation is the ability to produce metal. Or did you skip that class in school? Without steel, there is no industrialisation at all. The industrial age which was well over two hundred years ago was not characterised by the refining of crude but by developments in the production of Iron on a massive scale. Like most Nigerian technocrats you seek to copy and paste without a deep understanding of the environment you are pasting to. Perhaps you think that the concrete we produce and use to build in Nigeria is the best we can do. Concrete without steel. Something that is 2000 year old technology. Shame! A country that failed to develop steel industries but is thirsting after private refineries. Sad FYI. The wonder that is Dubai could not have existed without steel, yet they were refining before importing steel from Kuwait and then building their own. Perhaps if you were there you would have told them to keep depending on imported steel since the refinery was all they needed to Prosper. Why did they build massive steel mills when they wanted to industralise? You're the type that failed at arithmetic but wants to argue with people about calculus. First Things First fulanimafia: 2 Likes |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by TrebleChamp(m): 12:12pm On Sep 02, 2020 |
darfay:Keep blaming Hausa, when our brother was their how many our people thought about building refineries in our region or anywhere? Even Asari who made his money tru militancy went and build his school in Cotonou. When Tafa Balogun, Ihejirika and other southerners who have held key positions where they, how many of our people did they help get into their agencies? Na that time dem go dey form uncle welcome tinz.. 3 Likes |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by Tugee: 12:12pm On Sep 02, 2020 |
This plant will be completed before the Dangote fraudulent plant. |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by CodeTemplar: 12:15pm On Sep 02, 2020 |
Yankee101:Copy secrets? You must be a child. |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by phantom24: 12:24pm On Sep 02, 2020 |
Hunchogee:yes that's why i'm always better positioned to correct you when you make false claims about the govt. meanwhile stop following me about. |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by dalass(f): 12:29pm On Sep 02, 2020 |
fulanimafia: You're the one in mental slavery.... With the kind of money your billionaires control, why is the north still poverty stricken, disease ridden and the most backwards region in the country... Insecurity abounds because most of your youths are poor and unemployable with no skills. Many are in the south who travelled just to come and beg here... How many southerners are in the north begging? so you're the ones who need emancipation from mental slavery This northern government must stop arm twisting southerners only to favour Northerners.... Dangote made his billions in dollars from Nigeria and many times when he started viz, he was given sole license to import some commodities while frustrating others from same biz to give him an edge over them. Even the northern borders are wide open. But southwest borders are still close just to make sure we don't buy cheap food from neighboring countries and we're forced to buy stony rubbish and expensive foodstuffs from the north, just because they can't survive without the southern money as usual. Bunch of perpetual parasites 3 Likes |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by Cherez: 12:45pm On Sep 02, 2020 |
fulanimafia:Honestly These two guys are trying, this is super-growth 1 Like |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by fulanimafia: 12:46pm On Sep 02, 2020 |
dalass: Typical unintelligent bigot regurgitating baseless stale narratives without answering the question. "Parasites" that you depend on for most of your food supply and soon refined petrol. Please spare us your ignorance driven negative energy and answer the simple question: Which favoritism did Dangote enjoy in other countries where he is excelling in business? Or are they arm-twisting their citizens to favour him too? If you're asked now to mention a single policy that favoured Northern businessmen, you will start on another illogical trajectory of oafish, bigoted, ignorant utterances with Zero relevance to the discourse. I don't have time for your pedestrian tripe if you lack an intelligent answer to the emboldened question. 2 Likes |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by dalass(f): 12:54pm On Sep 02, 2020 |
fulanimafia: Swerve because I am talking about Nigeria. I don't give a fvck about any other country.... This skewed contraption Nigeria must break if things continue this way. Is it in other countries that we have only northern Muslims in all security arms of the government? The judiciary and every important federal ministry/ parastatal? Just stay in your north and develop whatever resources you have there. Stop using FG to defraud south of oil wells and other important strengths we have.. We absolutely don't need you people. Nigeria must break, period! |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by fulanimafia: 1:03pm On Sep 02, 2020 |
dalass: I knew you wouldn't fail to expose the sheer vacuum you carry upstairs. I drew that analogy to highlight the logical handicap and total irrationality of your ignorant claims. Who brought about disparity in govt appointments in this discourse or are you suffering from attention deficit disorder? If you claim Dangote's business excellence and domination is due to favoritism and nepotism by the Nigerian government, PLEASE explain to us how come he is also excelling in other African countries (since there are no northern Muslims dominating govt) ...or you can tell us how their government also favours him above their citizens. Spare me your frustrations with Nigeria as I'm not in the least interested in your political woes, try to think straight on course, and answer intelligently this time. |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by dalass(f): 1:06pm On Sep 02, 2020 |
fulanimafia: I did not read what you wrote as I don't plan to answer any of your stupid questions. If you know so much, go and do something about the problems in your region that makes Nigeria to be called poor and terrorism ridden |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by fulanimafia: 1:11pm On Sep 02, 2020 |
dalass: In that case, stop clowning all over the thread and swallow the brainless claim you vomited yet cannot defend & go to sleep. |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by darfay: 1:12pm On Sep 02, 2020 |
obailala: I owe u nothing Fork off |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by fulanimafia: 1:16pm On Sep 02, 2020 |
obailala: Do you mind them? One would think they'd be more creative in their excuses for failure. |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by fulanimafia: 2:24pm On Sep 02, 2020 |
VULCAN: You went off in the wrong direction. I told you to understand the context of Nigeria viz-a-viz our comparative advantage compared to other industrialized countries you're referencing but you failed to adhere. COMPARATIVE ADVANTAGE This is exactly why expanding our refining capacity is a top Priority. Apart from the fact that it makes zero economic sense to be importing petrol when we have huge deposits of crude oil in our backyard giving us comparative advantage, you must understand that stopping the current forex leakage is absolutely critical to stem inflation & trigger any form of economic development. Nobody is suggesting or implying that the steel industry is not essential to industrialization. Why do you think the massive Ajaokuta steel plant was conceived & successive Govt's have tried to make it work albeit unsuccessfully? However the private investors are characteristically seeking out the best return on investment & refining petroleum for the massive national, sub-regional, continental & global energy market is clearly it for them. The strategic importance of ending petroleum imports cannot be over-emphasized, especially considering that we spend over $40m daily on imported petroleum (steel imports are nothing near fuel imports); forex that could be saved to strengthen & boost the Naira significantly. Nigeria is currently at a much greater comparative advantage refining her crude oil than producing steel, and it is a greater strategic priority.
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Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by trafftrade(m): 4:34pm On Sep 02, 2020 |
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Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by AustineJohn908(m): 4:53pm On Sep 02, 2020 |
24SEVEN:Yes, I'm aware but are you also aware Rivers is declining and investments that are coming to the Niger Delta are going straight to Akwa ibom? For eg, we attracted the largest FDI in 2019 just behind Lagos ..we are no 1 in the whole of the Niger delta 1 Like 1 Share |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by AustineJohn908(m): 4:54pm On Sep 02, 2020 |
24SEVEN:Yes I did cause you always said stats showing akwa ibom is doing better than Rivers are just stats and lies |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by 24SEVEN: 5:10pm On Sep 02, 2020 |
AustineJohn908: Mtcheeew 1 Like |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by AustineJohn908(m): 5:28pm On Sep 02, 2020 |
24SEVEN:I expected nothing less from you 1 Like |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by RTSC: 6:10pm On Sep 02, 2020 |
He is investing close to the source of raw material- Akwaibom. And with the onne seaport now functioning, he is going to incur significantly less costs than dangote. He has everything that dangote has at significantly less costs and logistics. 1 Like |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by obailala(m): 6:16pm On Sep 02, 2020 |
darfay:Lol... After feeding your mind fat with beer parlour hearsay garbage, and coming to public to regurgitate the empty nonsense you swallowed, I obviously wasn't expecting you to be able to give a reasonable response to my question. You didn't surprise me! 1 Like |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by frog12: 6:26pm On Sep 02, 2020 |
Dangote get competition. this is GOOD |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by darfay: 6:50pm On Sep 02, 2020 |
obailala: K |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by Nobody: 8:19pm On Sep 02, 2020 |
To everyone who spoke intelligently in my mention you are appreciated we disagree to agree. To the one with Toxic mouth you are forgiven. |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by Cromagnon: 1:31am On Sep 03, 2020 |
darfay:is it your investment? You go and invest in your future useful investment na? |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by Wiseoldman: 1:42am On Sep 03, 2020 |
dokyOloye: Hello bros, I understand you. The Internet is not a place to argue. I will say I'm an insider in this topic. My last comment is very correct. Ciao 1 Like |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by XAUBulls: 11:58am On Mar 05, 2023 |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by XAUBulls: 12:08pm On Mar 05, 2023 |
RTSC:Onne port is a river port that is located along the Onne river NOT a seaport. The only seaports are located in Lagos State. All other ports located in Calabar, Warri, Onne, Onitsha, etc, are river ports. |
Re: BUA Group To Build 200,000bpd Refinery And Petrochemical Plant by XAUBulls: 12:13pm On Mar 05, 2023 |
AustineJohn908: |
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