To who and at what amount? Why not concession itor lease it out. Will anyone build a house for 10k, renovate with 15k and then later sell it for 5k? Only in Nigeria.

Did l just read after rehabilitation....??



Aha.... 419
Awon werey in government

They should sell off the existing infrastructure as it is or either as scabs. That money can be used to build maybe a smaller refinery in partnership with a private company. And political guys should be ban from heading the company. Criminals everywhere. When one have thugs as leaders that's what you will expect. Smh

Is there anything new in this nigeria again?? A useless government that want to sell her own and invest in a private owned refinery(Dangote refinery)

nairavsdollars:

https://www.independent.ng/fg-may-sell-port-harcourt-refinery-after-1-5bn-rehabilitation-sylva/

[quote author=Nbotee post=100095668]There is something definitely wrong with these ediots and the Minister of Petroleum in particular.. U want to spend billions enough to build new refineries on an ancient refinery running at a loss only to resell it? Abi which kind economics dis ppl dey practice??

The Minister of Petroleum is Madd!!!
APC is mad!!!!
Gbo gbo all their supporters are all madt!!![/quote

What do you expect when Buhari is the real minister of petroleum? The one talking is just the mouth piece of whatever the real minister wants him to say. last last dem go sell am give dai cronies#YeyeDeySmell

Atiku may be right afterall.

Those who protested wont stil learn anything.

Nigeria and its people.

Why are these people so wicked? the PHR that I know is in a very bad state. Why inject such an amount of money into a dead project?

rajiedreez:
Why not sell it now

Why are they after PortHarcout own?
They are bunch of evil workers,always unpatriotic motives!
Who is Kaduna and even Katsina Refinery benefited?.
That was how they sold lies to Nigerians that moving Nigeria Headquarters to Abuja will eliminate crimes, kidnapping,rape,roberries, banditry,yet it's increasing there!
Who is fooling who now?

Nbotee:
There is something definitely wrong with these ediots and the Minister of Petroleum in particular.. U want to spend billions enough to build new refineries on an ancient refinery running at a loss only to resell it? Abi which kind economics dis ppl dey practice??

The Minister of Petroleum is Madd!!!
APC is mad!!!!
Gbo gbo all their supporters are all madt!!!

They know what they are doing.

Sell to friends and family. The buyer is known to them.
Every project or policy has a criminal aspect.
This is the set up of Nigeria.

How does 1 repair a PS2 then try to sell it off when people are using PS4 and are thinking of buying PS5?

you idiots better sell the damn thing to private investors or better still make it a public/private partnership

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Scam o, after repairing with 1.5billion, you will now sell it.. It is finished

Why not sell it now, or even give it off free of charge if you are ashame to sell it as scrap... Someone just want to waste money here . .the person buying it might have a cheaper approach to turn it around.

Please I beg una in the name of God, just use the $1.5b to do another project and sell the he refinery the way it is.

I called it earlier

What were you expecting before? The plan was to repair it with $1.5 billion and sell it to their cronies for $1.75 billion. Whether na true o, whether na lie o, we go watch the film together.

Given the fact that Dangote and market monopoly is 5V6.

They want to sell it to Dangote, directly or indirectly!!!

By the end of 2023, this bad-mistration would be leading in corruption ever seen in the history of governance

Nbotee:
There is something definitely wrong with these ediots and the Minister of Petroleum in particular.. U want to spend billions enough to build new refineries on an ancient refinery running at a loss only to resell it? Abi which kind economics dis ppl dey practice??

The Minister of Petroleum is Madd!!!
APC is mad!!!!
Gbo gbo all their supporters are all madt!!!

The plan is to embezzle the money against 2023 bro... make dem spend am sha...one day, there will be no more money to spend. International Oil Companies and quietly leaving Nigeria already and selling off their assets. If that does not signal anything to Nigerians, na dem know.

Timipre Sylva the crook is organising his retirement loot.

Thief!

Since when did those who cannot run a refinery for decades become the best people to rehabilitate it and make it start working?

Crooks, sell it to those that can rehabilitate it. This is just a scam to give contracts they can benefit from.

They should sell it , all the Indians working there are heading the Nigeria people, some body in another country come to be ur head.v

you bi thief!!!

Why not sell it now?

You thieves just think everyone in the country is illiterate.

This is simply direction into direction less ness
So they have not concluded on what to do. How can you be spending this kind of money and saying we will decide what to do.

They will auction it to scrap metal buyers because nah only rusted pipes, unrepairable valves and pipes full that place

Steal 1.5bn$, privatize the refinery and use the money to buy it

Why spend so much money that can be used to build a new one

Racoon:
Criminals! They want to embezzle the money.TAM year in year-out but nothing have changed yet these old and moribund refineries remained great source of economic wastage. Abeg just privatize it straight away.
https://thenigerialawyer.com/govt-has-no-business-running-oil-refineries-osinbajo-says/

https://m.punchng.com/Business/FG-refineries-earn-N21bn-lose-N778bn-in-five-years
This report just showed the rot and wastage these refineries have become on this nation.Hence I asked two staunch defenders of this cursed government to explain how this corruption happened under the leadership of the alleged most holy but sanctimonious anti-corruption czar- President Muhammadu Buhari as minister of petroleum within five years yet our moribund refineries are operating @ a far below full operational capacity.I am yet to get convincing answer.

cc: , Sirjamo, Seunmsg, NgeneUkwenu, Simpleleo,

They will use ipob thread to answer u.
Watch out....
This administration of buhari has made corruption look like a constitutional thing.

Titto93:
This govt. are hellbent on spending dis 1.5bilion dollars, that's why dey wan defend every criticism.

Mumu people, why not Sell it now and let the buyer rehabilitate it.

The money had been approved since lastweek.
There is nothing nobody can do for now, we just trying to make seun more richer by venting our anger and frustration at the same time expending our hard earn data.
We r on the minority and we just have a say but not the way.
The only thing that will happen is if a new govt come in, he start the probing from there.
Anybody culpable, jailed for life.
But naija mata these same people will form alliance and even sponsor the new govt and everything will return to status quo.

Don't believed everything on SOCIAL MEDIA

nairavsdollars:

https://www.independent.ng/fg-may-sell-port-harcourt-refinery-after-1-5bn-rehabilitation-sylva/

This is Sylvia project package and compassionate for his preparation 4 2023 support.
Fg should keep that money for East West road and wait for incoming govt to rehabilitate that refinery

$1.5bn+ ( )= ?
How much would they sell it after pumping 1.5?

Check my signature if you need a quick loan

I weap for Nigerians if only they knew what is happening they would know the reasons why they want to sell it. And am sure the Nigerien are the ones to buy and manage these refinery.

The govts is doing everything possible to sell everything owns by NIGERIA to the Nigerien.

He that have ears let him hear what the spirit is saying.