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NNPC: New Refinery Will Cost About $12 Billion - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / NNPC: New Refinery Will Cost About $12 Billion (10577 Views)

Peter obi: Dangote refinery will give us Additional Savings On Foreign Exchange / Congrats To Niger Republic As Buhari Has Completed A Brand New Refinery for Them / FG To Build New Refinery In Rivers State (2) (3) (4)

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Re: NNPC: New Refinery Will Cost About $12 Billion by IamRandy: 9:58am On Mar 23, 2021
[s]
NLPoliceWoman:

Seun Mynd44 Justwise Dominique.
Rule 2
[/s]
Re: NNPC: New Refinery Will Cost About $12 Billion by agabusta: 9:59am On Mar 23, 2021
Foolishbuhari:
Thieves! Even the Dangote 650,000 bpd refinery built at $2b plus is grossly over priced. It was used as front to steal and round trip dollars gotten cheaply from the CBN.


Where did you get your figures for Dangote refinery??



Dangote Refinery, a 650, 000 (bpd) integrated refinery and petrochemical facility is being constructed for about $15b.

1 Like

Re: NNPC: New Refinery Will Cost About $12 Billion by Pauladex(m): 10:03am On Mar 23, 2021
Fantastically put together but nothing works here
Re: NNPC: New Refinery Will Cost About $12 Billion by Telstar: 10:04am On Mar 23, 2021
I really don't know what's wrong with these guys? What would they do with such amount of money? Dubai was built with the same amount of money budgeted for Portharcourt.

Nigeria remains a laughing stock to the world.
Re: NNPC: New Refinery Will Cost About $12 Billion by gungab(m): 10:07am On Mar 23, 2021
The cost of USA Gerrard Carrier
Re: NNPC: New Refinery Will Cost About $12 Billion by richmond500: 10:10am On Mar 23, 2021
ValCon888:
They cannot maintain old refineries, they want to build new refineries. This country is a comedy of errors.
next time read the details and not show ur madness

1 Like

Re: NNPC: New Refinery Will Cost About $12 Billion by Gamesmart: 10:10am On Mar 23, 2021
This crook said:

The GMD stated that the current huge cost of rehabilitation was because the last turn-around-maintenance was badly carried out.

So then we should spend $1.5bn for the new turnaround to be carried out by the same people who carried out the bad last turnaround.

Thieves looking for something to loot!
Re: NNPC: New Refinery Will Cost About $12 Billion by richmond500: 10:11am On Mar 23, 2021
Telstar:
I really don't know what's wrong with these guys? What would they do with such amount of money? Dubai was built with the same amount of money budgeted for Portharcourt.

Nigeria remains a laughing stock of the world.
try and read the details ode

1 Like

Re: NNPC: New Refinery Will Cost About $12 Billion by Onepeople: 10:12am On Mar 23, 2021
post=100130913:
Rather late than Never..

But just look at What our country is just doing in the 21st century, something we should have built dozens of it since 1957 and especially when we have the highest revenue in oil during the 16 years of looting and stealing.

Anything to move our Nation forward is what we are after.

Assuming the evil and looting party did something about this refinery in their 16 years of blind looting, we won't be talking about either Rehabilitation or Turnaround Maintenance by now.
Our country will not be where we are today if this party filled with criminals just built 2 refineries for us as a nation.

The looting party that even looted money donated for their National Headquarters. shocked

And the most crazy thing is that their thieves online will never see any thing bad in the party they supported with 16 years of their miserable lives couldn't build just one refinery! shocked
Shameless lots that should cover their eyes in shame.
Watch the 2 time losers start quoting this post.
Hypocrites everywhere tongue


When you show some of them the unparalleled efforts of this government in development and colossal projects compared to all the past governments, then you will hear them wail...'well he has tried but I still don't like him, he is too old, he is slow, he is unintelligent, he is not outspoken bla bla bla'...

They are not interested in any development in Nigeria, if it means ascribing any success to PMB.

Every good news of the nation brings them sadness, and they remain quiet until another bad news crops up

If you tell them Buhari is building over 300 roads all over Nigeria, they say it is because of 2023

When you say Buhari is working to completing abandoned projects, over 8000 nationwide (Mambila hydro power, Ajaokuta Steel Plant etc), they say it is because he has no program of his own.

The enemies of the nation hate anything progressive to our darling nation.
This is the point where you will be able to confirm that these are people whose concern is not Nigeria's development.
Whose problem with Buhari is not performance but personal hatred etc.

This is why nothing tangible will be achieved if you engage them in any developmental discussion, when their concern is wotowoto-pettiness.

We will keep hitting all of una heads with facts and the undiluted truth!
I know you as a paid hypocrite u don't believe in what you are writing.

1 Like

Re: NNPC: New Refinery Will Cost About $12 Billion by richmond500: 10:13am On Mar 23, 2021
brainpulse:


That is it, Nigerians do not make research before commenting and the rest just buy it and regurgitate. It is on the social media you will see stack illiterate and somebody that has not passed a simple WAEC arguing with an experienced, professional Engineer, lawyer or Medical Doctor. Them full Nairaland well well
even on this thread, illiterates weh just read headline just deh show their madness.

They all thought the govt wants to loot but the thread is even against building a new one
Re: NNPC: New Refinery Will Cost About $12 Billion by Telstar: 10:14am On Mar 23, 2021
richmond500:
try and read the details ode
Criminal!
Re: NNPC: New Refinery Will Cost About $12 Billion by richmond500: 10:14am On Mar 23, 2021
Standing5:
For how many thousand barrel per day?
next time read the details of such important thread.
Na people like ona dem deh call internet illiterate
Re: NNPC: New Refinery Will Cost About $12 Billion by Reference(m): 10:14am On Mar 23, 2021
When a government wants to be transparent in the face of serious controversy it can.

When serious controversies about the cost of HS2 in the United Kingdom arose the government opened up and made transparent the entire contract process from concept to award simply because the cost was just humongous and people questioned value for money.

1.5 billion dollars is a lot of money by Nigeria's and this administration's ADMITTED standards. Why this government through its notorious agency, the NNPC expects right thinking Nigerians to roll over and play dead on this matter just befuddles me.

When was.this contract conceived. When wasnit advertised, when were the bids made and how was the approval given. That is what a working democracy should produce so that the public through non state experts can vett these processes to guarantee the nation gets value for money.

When these things are done in secret it makes government's work much harder. How then does it expect the citizens to understand the massive foreign loans it takes for other infrastructure. How does it expect the various labour unions to understand that there are no resources for other sectors.

Why does our government make governance so difficult for itself by its inability to carry its citizens along and let them participate in the HARD decisions that affect them.

In principle I just feel government has no business in business and our experiences so far in Nigeria has clearly shown that the conversion of crude oil to petro products HAS TO BE A BUSINESS for it to succeed. Government has issued licenses to private industry to that effect, so why this.

These are the chain of events good governments explain, dialogue and townhall with citizens before taking important decisions. Not this government.
Re: NNPC: New Refinery Will Cost About $12 Billion by richmond500: 10:16am On Mar 23, 2021
SouthSouth1914:
Whomever gave these estimates needs to be put in jail.
next time read the details of the story
Re: NNPC: New Refinery Will Cost About $12 Billion by CSTRR: 10:17am On Mar 23, 2021
This country just sad.
Just a sad hell hole.
Re: NNPC: New Refinery Will Cost About $12 Billion by richmond500: 10:17am On Mar 23, 2021
Telstar:
Criminal!
NNPC is against buying a new refinery as it will be too costly, na people like ona deh make FFK get fans cos he knows how stupid people are.
Re: NNPC: New Refinery Will Cost About $12 Billion by Cooldiipo(m): 10:17am On Mar 23, 2021
shocked
Re: NNPC: New Refinery Will Cost About $12 Billion by Foolishbuhari: 10:18am On Mar 23, 2021
agabusta:



Where did you get your figures for Dangote refinery??




What! I was grossly wrong. That's all shades of wrong for God's sakes! $15B! funded by the CBN!
Re: NNPC: New Refinery Will Cost About $12 Billion by richmond500: 10:18am On Mar 23, 2021
Madmadrevo:
Read before commenting and stop embarrassing ursef here
as in eh, d guy na Ode

1 Like

Re: NNPC: New Refinery Will Cost About $12 Billion by richmond500: 10:19am On Mar 23, 2021
maasoap:
Building new refinery! Do they want to compete with Dangote refinery or what? After how many years, FG just realised that we need refinery!
Goat, now go back and read what the thread says
Re: NNPC: New Refinery Will Cost About $12 Billion by StaffofOrayan(m): 10:20am On Mar 23, 2021
brainpulse:


That is it, Nigerians do not make research before commenting and the rest just buy it and regurgitate. It is on the social media you will see stack illiterate and somebody that has not passed a simple WAEC arguing with an experienced, professional Engineer, lawyer or Medical Doctor. Them full Nairaland well well

Olofo, how much is Dangote refinery?
If dem dey deceive you, you sef suppose dey deceive urself?
Re: NNPC: New Refinery Will Cost About $12 Billion by ngadaAwo: 10:20am On Mar 23, 2021
NLPoliceWoman:
RTR
mynd44 lalasticlala
Rule 1
Re: NNPC: New Refinery Will Cost About $12 Billion by khalleb(m): 10:23am On Mar 23, 2021
Foolishbuhari:
Thieves! Even the Dangote 650,000 bpd refinery built at $2b plus is grossly over priced. It was used as front to steal and round trip dollars gotten cheaply from the CBN.
Dangote refinery was built at $12b
Re: NNPC: New Refinery Will Cost About $12 Billion by jojoki: 10:26am On Mar 23, 2021
The Guy is trying to defend his pockets. Why waiting till now before fixing the refinery. This government like suffering Nigerians
Re: NNPC: New Refinery Will Cost About $12 Billion by freemanq(m): 10:33am On Mar 23, 2021
Very cheap
Re: NNPC: New Refinery Will Cost About $12 Billion by Laboni: 10:35am On Mar 23, 2021
Just few days ago, Angola awarded the construction of a 100,000b/d capacity refinery at the cost of 3.4 billion dollars to a US company and the refinery is expected to be completed by 2023.. What are we talking about? Is it not better to build a brand new 50,000b/d refinery which will at least function at a 90% capacity instead of wasting money on this obsolete facilities which we all know won’t work.. Why can’t be honest with ourselves in this country for once

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Re: NNPC: New Refinery Will Cost About $12 Billion by Reference(m): 10:42am On Mar 23, 2021
Foolishbuhari:
Thieves! Even the Dangote 650,000 bpd refinery built at $2b plus is grossly over priced. It was used as front to steal and round trip dollars gotten cheaply from the CBN.

Wrong info. The Dangote Complex comprising a 650kbbls per day refinery, a fertilizer plant (reputed to be the largest in the world - note that) and a petrochemical plant, has a nominal price tahe of 15billion dollars.

The Refinery component itself is said to cost betwewn 9 and 10 billion dollars.

The controversy is that the Port Harcourt refinery(ies) have a combined cap of 210kbbls per day which is at best a third of Dangote's. We donot know whether the Lazarus project covers both the old and new Portharcourt refineries (60 +150k caps).

Now by simple quantitative reasoning a plant a third the size should be a third the cost meaning that a brand new plant in Portharcourt should not cost more than 3 billion dollars. Why try to wake up Lazarus for 1.5 billion dollars then.

Now, all these figures are just speculative and merely academic but this is where good governace comes in. For people will continue to speculate until the facts are available and the facts will only be available if the government wants to be sincere.

If Dangote can be so open and plain to the public about his refinery, the funding, the progress, the contracts, everything, though as a privaye pwrson he owes no one information, how much more a government elected by people using the reaources of the people and claiming to act to the benefit of the people.

It simply means it is high time investigations by the citizens proceed to Italy to confront the contractor. This move by government is substantial in very many ways and can define our future going forward.
Re: NNPC: New Refinery Will Cost About $12 Billion by timefarm(m): 10:42am On Mar 23, 2021
I wonder why the worry about our refinery now when Dangote is about completing his own that is reported we cannot fully use it daily production.

Guess some people are thinking their cash cow is going.
Re: NNPC: New Refinery Will Cost About $12 Billion by Reference(m): 10:43am On Mar 23, 2021
Laboni:
Just few days ago, Angola awarded the construction of a 100,000b/d capacity refinery at the cost of 3.4 billion dollars to a US company and the refinery is expected to be completed by 2023.. What are we talking about? Is it not better to build a brand new 50,000b/d refinery which will at least function at a 90% capacity instead of wasting money on this obsolete facilities which we all know won’t work.. Why can’t be honest with ourselves in this country for once

Word. These are the decisions the citizens should take as their counterparts do in developed climes.
Re: NNPC: New Refinery Will Cost About $12 Billion by Yankee101: 10:44am On Mar 23, 2021
Lies

Modular refineries are cheaper
Re: NNPC: New Refinery Will Cost About $12 Billion by hmohammed(m): 10:44am On Mar 23, 2021
Foolishbuhari:
Thieves! Even the Dangote 650,000 bpd refinery built at $2b plus is grossly over priced. It was used as front to steal and round trip dollars gotten cheaply from the CBN.


Some of you know nothing and talk trash. $2b for Dangote refinery!!!. Simple google search will save you this embarrassment

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