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FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries (16759 Views)

NNPCL To Hand Over Warri, Kaduna Refineries To Private Operators / Warri, Port Harcourt, Kaduna Refineries To Begin Operations By December / FEC Okays N1.4bn For Design Of Dpr’s 12-floor Head Office (2) (3) (4)

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Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by donforeign: 7:33pm On Aug 04, 2021
Tommydurag:
And also osubi airport

Okowa na idiot ..
Na federal government wan com repair am?
What of all d money in delta state ...
Nonsense state
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Basicend: 7:35pm On Aug 04, 2021
Cash out chance again for BUBU and his cohorts.

Thieves! they know a bottle of coke will not be refined from any refinery.

2 Likes

Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by temitope27(m): 7:37pm On Aug 04, 2021
seyz91:
Like 750billion naira
God punish buhari
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Nobody: 7:37pm On Aug 04, 2021
Basicend:
Cash out chance again for BUBU and his cohorts.

Thieves! they know a bottle of coke will not be refined from any refinery.
cry
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Promzy99: 7:38pm On Aug 04, 2021
ki02020:


Abegii
Don't be surprise that 1kobo will not be spent on the refinery angry
Its true politics has changed our views nd believes on our politicians, but lets just act like fools nd trust dem on dis one. Sometimes, it may get worse b4 it gets beta!
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by do4luv14(m): 7:41pm On Aug 04, 2021
Private sector, say gives us, let's use our own money to revive it, they refuse,

Yet they go and borrow to rehab, on the end nothing will be rehab, and the money will be looted,

Charlie who do us this thing

1 Like

Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Ayo8(m): 7:46pm On Aug 04, 2021
Vote wisely in 2023 so that an independent administration can investigate these repairs...

We need new people in government, not these recycled PDP, APC politicians.
The future of Nigeria is in our hands but we keep allowing them use tribal sentiments rule our minds.

1 Like

Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Okoroawusa: 7:49pm On Aug 04, 2021
I Love PMB
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Angy55(f): 7:49pm On Aug 04, 2021
Another means of looting
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Okoroawusa: 7:53pm On Aug 04, 2021
Beancounter94:


Because a new refinery may cost $15 billion dollars. We need at least 4 of those. For comparison, our forex reserves is 35 billion dollars. Our budget is at 26 billion dollars.

The real solution is to remove fuel subsides and allow NNPC run profitably. To the point that it would raise enough money to repair and build new refineries sans government money. But Nigerians want fuel at N20 per liter...so that won't happen.
You are very intelligent and honest
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by jaytee01(m): 7:53pm On Aug 04, 2021
With that kind of money, these criminals would have been able to build a brand new, WORKING refinery.
But the corrupt , incompetent criminals will prefer to go the route of the audio rehabilitation so that they can loot without much scrutiny.
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by kingsways: 7:55pm On Aug 04, 2021
This government is evil
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by techWriter1: 8:04pm On Aug 04, 2021
Every moment rehab, which firm knew they take the deal to this moment around?
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by BakingPowder247: 8:27pm On Aug 04, 2021
We're they functioning in the first place
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Sewgon79(m): 8:31pm On Aug 04, 2021
seunmsg:
Good move. Hopefully, the rehabilitation will be completed according to schedule. However, the refineries should be privatized once the rehabilitation is completed. That’s the only way they can compete with Dangote refineries.

Bros do you understand what you are saying at all. Why rehabilitate something you will privatise. If you know you will privatise it why will you spend such huge money on it.

It is either you leave it for private investor to spend the money and when people start using it then they can regain the money they invest.

1 Like

Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by FRANKOSKI(m): 8:34pm On Aug 04, 2021
DANGOTE DON WAKE A SLEEPING GIANT tongue
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Tzar(m): 8:37pm On Aug 04, 2021
WTF! These people no dey tire?!!!
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Jonegonu: 8:38pm On Aug 04, 2021
YourNextLevel:
Wicked bastards.

If you support bad thing at this point, i wish same to your generation both offline and online yam eaters
e pain u. The government with vision is working
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Jonegonu: 8:39pm On Aug 04, 2021
jaytee01:
With that kind of money, these criminals would have been able to build a brand new, WORKING refinery.
But the corrupt , incompetent criminals will prefer to go the route of the audio rehabilitation so that they can loot without much scrutiny.
how much is a brand new refinery
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by GardenOfGod(m): 8:40pm On Aug 04, 2021
APC election budget has been approved. grin
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Nobody: 8:58pm On Aug 04, 2021
GardenOfGod:
APC election budget has been approved. grin

You are very correct. This is just political project brought about by the failure of Dangote Refinery project.

It is now I know that Dangote Refinery project is a failed project despite all the support Godwin Emefiele gave the project. The Federal government has become helpless and Emefiele has finally lost hope on the project.

Even if the project comes online in 2023, what the FG has given the project cannot be recovered in 20 years.

Abacha government awarded the TAM of Kaduna Refinery to Chrome Consortium represented by Emeka Offor. We all know what happened. Yaradua government, a clueless and accidental government reversal of the sales of the refineries was the worst government decision I have ever witnessed.

Well, I congratulate the new set of political power brokers benefiting from this Buhari windfalls. Malami is sleeping on fortune settling damages awarded against FG on Mambilla and other cases, Amaechi is relaxing on China's railway projects. APC big boys, well done, power is very sweet. APC will rule Nigeria forever.

2 Likes

Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Fortez: 9:02pm On Aug 04, 2021
Really
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Toks2008(m): 9:04pm On Aug 04, 2021

1 Like

Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by seunmsg(m): 9:08pm On Aug 04, 2021
babaolofin:


You are very correct. This is just political project brought about by the failure of Dangote Refinery project.

It is now I know that Dangote Refinery project is a failed project despite all the support Godwin Emefiele gave the project. The Federal government has become helpless and Emefiele has finally lost hope on the project.

Even if the project comes online in 2023, what the FG has given the project cannot be recovered in 20 years.

How’s Dangote refinery a failure?
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Nobody: 9:16pm On Aug 04, 2021
90 percent of that money is ending up in people's pockets, make we no deceive ourselves.

We'll be talking about "rahabilitating" those refineries in 30 years time. Forgetting that the refineries are outdated. Replacements parts and systems are not even in production anymore.

1 Like

Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Nobody: 9:18pm On Aug 04, 2021
seunmsg:


How’s Dangote refinery a failure?

It is a long story. Emefiele understands what I am talking about. If Dangote Refinery had come up in 2018 or 2019 as earlier projected, those Refineries would have been sold without any maintenance. The Federal government had waited for that refinery since 2017 with delivery date always shifted. It is very clear next year is not possible. Government has to fall back to the last option.

I believed, Femi Otedola would have been tired following Dangote to that site by now.
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by omohayek: 9:31pm On Aug 04, 2021
Beancounter94:
So long as fuel is sold below the cost of refining it, we cannot effectively get the refineries working again.

So this is money down a big hole...unless subsides are removed and NNPC is privatized.
By now, this "turnaround maintenance"/"rehabilitation" scam is so old and has been so often deployed that I doubt any but the most gullible are taken in any more. Isn't this already the 4th or 5th time we've heard this very story from this very same administration over the last 6 years? As others have already said, it's doubtful even a single kobo will reach the refineries themselves - all I see here is an opportunity to loot in readiness for the approaching 2023 elections.

2 Likes 1 Share

Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by GTCO: 9:49pm On Aug 04, 2021
What about the one dangote is building
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Johnnoo(m): 9:57pm On Aug 04, 2021
seunmsg:
Good move. Hopefully, the rehabilitation will be completed according to schedule. However, the refineries should be privatized once the rehabilitation is completed. That’s the only way they can compete with Dangote refineries.
The truth is that the Warri & Kaduna refineries are analogue. No matter the amount of money spent in rehabilitation, they won't compare to present day digitalized systems.
Re: FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries by Athemisia: 10:10pm On Aug 04, 2021
Kriss216:
Another avenue to loot our collective funds cry
Loot what??
The poverty your father left behind??
Please shut the Füūck morafucka...

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