Refineries that were built several years ago are in comatose state as successive Governments have refused to get it fixed.
For God so loved Nigeria that he gave us oil freely and naturally but the Nigerian humans that should ensure the oil is enjoyed by its citizens won't allow the Nigerian citizens to enjoy it.
When Oyibo people say oil rich country that means the country is blessed and are sleeping with money as money is not their problem.
Take for example Saudi Arabia,the citizens of Saudi Arabia are enjoying the oil God gave them.Saudi Arabian citizens hardly work as their Government provides most amenities for them.
The best Doctors in the world are imported to Saudi Arabia because money dey and even the best footballers are currently running to Saudi Arabia eg Christiano Ronaldo.Saudi Arabia have alot of Refineries so nothing concern them concern fuel subsidy.
Currently in Nigeria all the Refineries have broken down and all successive Government have refused to get it fixed and I am sure people are working in those Refineries and are being paid for no work done.
Alot of people can nolonger drive their cars because of the exorbitant fuel price and people are even anticipating 700 naira per litre as from tomorrow.
Nigeria who do us like this.

I wonder why moribund refineries will continue to gulp billions.

Things that happen in Nigeria should be added to wonder's of the world.

crossfm:
I wonder why

The Nigerian system is a failed system.Till the country is restructured and every aspect in Nigeria run in truth and honesty we won't head anywhere.

No government refinery will work in Nigeria again because dangote has built one

guobe:
The Nigerian system is a failed system.Till the country is restructured and every aspect in Nigeria run in truth and honesty we won't head anywhere.

Do you know that even dead steel companies still swallow huge money in Nigeria. We are our problem.

Jlow2:
No government refinery will work in Nigeria again because dangote has built one

Same way most cement companies became comatose when he started his own company.

crossfm:


Do you know that even dead steel companies still swallow huge money in Nigeria. We are our problem.

yes I know and they are still paying workers there for doing nothing

Jlow2:
No government refinery will work in Nigeria again because dangote has built one

That is what they want and they have achieved it but it shows it is an evidence of a failed state.

crossfm:


Same way most cement companies became comatose when he started his own company.

exactly my brother God will see us through.

Buhari spent eight good years and could only commission an unfinished refinery.

CodeTemplar:
Buhari spent eight good years and could only commission an unfinished refinery.

with repainted Ethiopian airline

The government no send us...

adamma24:
The government no send us...

so true.they don't feel our pains

guobe:
Refineries that were built several years ago are in comatose state as successive Governments have refused to get it fixed.
For God so loved Nigeria that he gave us oil freely and naturally but the Nigerian humans that should ensure the oil is enjoyed by its citizens won't allow the Nigerian citizens to enjoy it.
When Oyibo people say oil rich country that means the country is blessed and are sleeping with money as money is not their problem.
Take for example Saudi Arabia,the citizens of Saudi Arabia are enjoying the oil God gave them.Saudi Arabian citizens hardly work as their Government provides most amenities for them.
The best Doctors in the world are imported to Saudi Arabia because money dey and even the best footballers are currently running to Saudi Arabia eg Christiano Ronaldo.Saudi Arabia have alot of Refineries so nothing concern them concern fuel subsidy.
Currently in Nigeria all the Refineries have broken down and all successive Government have refused to get it fixed and I am sure people are working in those Refineries and are being paid for no work done.
Alot of people can nolonger drive their cars because of the exorbitant fuel price and people are even anticipating 700 naira per litre as from tomorrow.
Nigeria who do us like this.

So u think fixing refinery would reduce costs of petrol?

Sell those refineries to the highest bidder simple with the condition that if you don't get it running at least 75% in 5 years government can take it back without giving u a penny

Sale the steel plant with same condition

Government have no business in government

Jlow2:
No government refinery will work in Nigeria again because dangote has built one

Were they working before Dangote's refinery?

We have private owned refinery already. Dangote group of company is here to make the masses live a luxurious life. We are still hailing them.
E go better, but ronu people have to keep standing gidigba on someone stolen mandate, because na their brother. We were no fit stand cus them tag us Igbo/ipob cus say we speak the truth, I just hope say their brother go transform Nigeria to Texas or Luxembourg.

mrvitalis:

So u think fixing refinery would reduce costs of petrol?

Sell those refineries to the highest bidder simple with the condition that if you don't get it running at least 75% in 5 years government can take it back without giving u a penny

Sale the steel plant with same condition

Government have no business in government

partly through but Government cant take its hands off totally as they are doing now.If they leave it for private individuals totally then its citizens would suffer.They can also regulate prices.

mrvitalis:

So u think fixing refinery would reduce costs of petrol?

Sell those refineries to the highest bidder simple with the condition that if you don't get it running at least 75% in 5 years government can take it back without giving u a penny

Sale the steel plant with same condition

Government have no business in government

fixing will certainly reduce the cost as we don't have to import the products.

guobe:
Refineries that were built several years ago are in comatose state as successive Governments have refused to get it fixed.
For God so loved Nigeria that he gave us oil freely and naturally but the Nigerian humans that should ensure the oil is enjoyed by its citizens won't allow the Nigerian citizens to enjoy it.
When Oyibo people say oil rich country that means the country is blessed and are sleeping with money as money is not their problem.
Take for example Saudi Arabia,the citizens of Saudi Arabia are enjoying the oil God gave them.Saudi Arabian citizens hardly work as their Government provides most amenities for them.
The best Doctors in the world are imported to Saudi Arabia because money dey and even the best footballers are currently running to Saudi Arabia eg Christiano Ronaldo.Saudi Arabia have alot of Refineries so nothing concern them concern fuel subsidy.
Currently in Nigeria all the Refineries have broken down and all successive Government have refused to get it fixed and I am sure people are working in those Refineries and are being paid for no work done.
Alot of people can nolonger drive their cars because of the exorbitant fuel price and people are even anticipating 700 naira per litre as from tomorrow.
Nigeria who do us like this.

Government of less than 1 month n besides it has been disputed no plan to increase pump price

Reality3080:
Government of less than 1 month n besides it has been disputed no plan to increase pump price

Government of less than one month has made everything to skyrocket in less than one month but no modalities in place on how to fix its refineries.

Reality3080:
Government of less than 1 month n besides it has been disputed no plan to increase pump price

Common shut it there.

Less than one month but everything has quadrupled in price. Hypocritical lots

guobe:
fixing will certainly reduce the cost as we don't have to import the products.

How do you have maths to back that up?

Your cost of production is $27 per barrel some countries are as low as $8

So they can sale crude oil to their refinery at $21 per barrel n out compete you

The only thing fixing our refinery would do is strengthen the naira not reduce fuel prices

Economics is not about emotions

guobe:
partly through but Government cant take its hands off totally as they are doing now.If they leave it for private individuals totally then its citizens would suffer.They can also regulate prices.

Who do u think would invest in business where government determine the price? Only corrupt government officials through back doors would

Allow market forces determine a fair price

mrvitalis:

How do you have maths to back that up?

Your cost of production is $27 per barrel some countries are as low as $8

So they can sale crude oil to their refinery at $21 per barrel n out compete you

The only thing fixing our refinery would do is strengthen the naira not reduce fuel prices

Economics is not about emotions

spending billions of dollars would be saved
It will certainly reduce the cost of fuel.

guobe:
spending billions of dollars would be saved
It will certainly reduce the cost of fuel.

How

Corrupt leader will do nothing but divert funds

mrvitalis:

How

Billions of dollars used in importing will be saved when you have your own refineries. Nigeria can now be an exporter and also make foreign currency.

guobe:
Billions of dollars used in importing will be saved when you have your own refineries. Nigeria can now be an exporter and also make foreign currency.

Now would saving billions equal lower oil petrol price

mrvitalis:

Now would saving billions equal lower oil petrol price

why not

mrvitalis:

Now would saving billions equal lower oil petrol price

if this money is saved why won't marketers reduce fuel cost

guobe:
if this money is saved why won't marketers reduce fuel cost

Bros what they meant is saving foreign exchange

It's obvious cost of refining in Nigeria would be higher based on scale

There is absolutely no Guarantee refining here would make it cheaper

Is cement cheaper in Nigeria?
When we imported cement it was cheaper

Is local rice cheaper now?