BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. - Nairaland General

BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. - Nairaland General - Nairaland

Nairaland Forum › Nairaland General › BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. (8799 Views)

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BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by meekparagon(op): 1:56am On Jun 01, 2023

BUA Group is constructing a 200,000 barrels per day petrochemical refinery in Akwa Ibom State, Nigeria.

The BUA group, Akwa Ibom Refinery is expected to kick off operations in 2024.
It is owned by Nigerian Businessman, Abdulsamad Rabiu.

Nigerians are pushing Direct Domestic Investment(DDI) as a means of bridging infrastructural gaps across economic sectors as govt continues to expand windows of private sector participation in the economy.

1 Share

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by lecowas: 2:06am On Jun 01, 2023

Seriously? Omoh, seems naija has woken up o. If Dangote's and this one can be functioning at maximum capacity without sabotage, then e remain make people dey jakpa come naija in the next few years. Jabagan is set to turn Nigeria to a functioning mega-Lagos

1 Like

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by TheBillyonaire: 2:09am On Jun 01, 2023

BUA actually sited the Refinery where there is oil to refine. Dangote sited it where there is no oil.

5 Likes

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by lecowas: 2:12am On Jun 01, 2023

TheBillyonaire:
BUA actually sited the Refinery where there is oil to refine. Dangote sited it where there is no oil.

Dangote must have considered a lot of factors including security concerns. By the way, there's oil in Ogun and Ondo linking that axis directly to the Niger delta. Dey play

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by meekparagon(op): 2:14am On Jun 01, 2023

TheBillyonaire:
BUA actually sited the Refinery where there is oil to refine. Dangote sited it where there is no oil.

You're right, business is all about proper planning,

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by meekparagon(op): 2:16am On Jun 01, 2023

This is a nice development, ibaka deep sea port is the next, for easy export of the neighbouring countries.

2 Likes 1 Share

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by ruggedtimi(m): 4:40am On Jun 01, 2023

lecowas:
Seriously? Omoh, seems naija has woken up o. If Dangote's and this one can be functioning at maximum capacity without sabotage, then e remain make people dey jakpa come naija in the next few years. Jabagan is set to turn Nigeria to a functioning mega-Lagos

is a Petrochemical refinery, for fertilizers and plastics.. Not PMS/DIESEL

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by benzypher(m): 4:46am On Jun 01, 2023

meekparagon:
You're right, business is all about proper planning,

WITH ALL THE WISDOM AND PROPER PLANNING IN YOUR HEAD, HOW MANY PERCENTAGE OF DANGOTE'S NETWORTH DO YOU HAVE huh

2 Likes

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by Princeton92(m): 5:36am On Jun 01, 2023

meekparagon:
This is a nice development, ibaka deep sea port is the next, for easy export of the neighbouring countries.

Now I've really understood why Ibaka sea port is coming soon! cool

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by lecowas: 6:13am On Jun 01, 2023

ruggedtimi:
is a Petrochemical refinery, for fertilizers and plastics.. Not PMS/DIESEL

Oh okay. It's also part of it. Should create hundreds of direct jobs and thousands indirectly. So it's a step in the right direction

1 Like

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by GOFRONT(m): 6:31am On Jun 01, 2023

I said it.

Very soon, AARano, Azman oil, Shafa, Elumelu, Otedola and Mike Adenuga would follow.

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by Mjshexy(f): 6:46am On Jun 01, 2023

This is what we need in Nigeria, a conducive environment and right support for more private industries to spring up. Investors need encouragement to be able to invest. The level of unemployment is at an alarming rate and skyrocketing on a daily, govt alone can't solve it. We all wish for the Country to get better 👍

1 Like

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by meekparagon(op): 7:04am On Jun 01, 2023

ruggedtimi:
is a Petrochemical refinery, for fertilizers and plastics.. Not PMS/DIESEL

Oga it's for PMS and co.

Even during interview yesterday with Rabiu, he made it clear that the refinery will be able to produce 200,000 barrels of fuel daily, which 32.5m litres per day.

Confirm before your response

4 Likes

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by ruggedtimi(m): 7:11am On Jun 01, 2023

meekparagon:
Oga it's for PMS and co.

Even during interview yesterday with Rabiu, he made it clear that the refinery will be able to produce 200,000 barrels of fuel daily, which 32.5m litres per day.

Confirm before your response

bt it is stated petrochemical unless na the op made a mistake

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by OVB123: 7:32am On Jun 01, 2023

Good news for the people of Akwa Ibom and Nigeria in general. Akwa ibom Ayaya!

1 Like

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by jamesversion: 8:45am On Jun 01, 2023

Shown us the picture of the refinery as it progresses. Don't pick pictures from internet and display.

grin

@Meekparagon.

1 Like

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by Phantom233: 9:33am On Jun 01, 2023

Please am in akwaibom. There's nothing like any BUA refinery in akwaibom. It's only a proposal we keep hearing every year . I don't even think they have gotten a location yet. Same with the so called deep seaport. Which is over 15yrs now yet nothing on site. embarassed

2 Likes

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by TheDemola: 9:20am On Oct 31, 2023

meekparagon:
BUA Group is constructing a 200,000 barrels per day petrochemical refinery in Akwa Ibom State, Nigeria.

The BUA group, Akwa Ibom Refinery is expected to kick off operations in 2024.
It is owned by Nigerian Businessman, Abdulsamad Rabiu.

Nigerians are pushing Direct Domestic Investment(DDI) as a means of bridging infrastructural gaps across economic sectors as govt continues to expand windows of private sector participation in the economy.

What's the update on Bua refinery sef?

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by Jcomtrader: 10:23am On Dec 08, 2023

TheDemola:
What's the update on Bua refinery sef?

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by TheDemola: 12:16pm On Dec 08, 2023

[quote author=Jcomtrader post=127376472][/quote]Send me more pictures abeg

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by lexylaw40kuti: 8:37am On Jan 16, 2024

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by lexylaw40kuti: 8:39am On Jan 16, 2024

meekparagon:
BUA Group is constructing a 200,000 barrels per day petrochemical refinery in Akwa Ibom State, Nigeria.

The BUA group, Akwa Ibom Refinery is expected to kick off operations in 2024.
It is owned by Nigerian Businessman, Abdulsamad Rabiu.

Nigerians are pushing Direct Domestic Investment(DDI) as a means of bridging infrastructural gaps across economic sectors as govt continues to expand windows of private sector participation in the economy.

up Nigeria

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by lexylaw09: 8:41am On Jan 16, 2024

How nice

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by Panda7(m): 9:47am On Mar 13, 2024

[quote author=Jcomtrader post=127376472][/quote]I believe it is nearing completion now and the seaport?

Re: BUA Group, Akwa Ibom Refinery Is Expected To Kick Off Operations In 2024. by olac21(m): 10:19am On Sep 05, 2024

Can he still start production this year??
I am in doubt because we haven't heard much from him concerning it this year!

1 Reply

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