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Nairaland Forum / Nairaland / General / Politics / Tinubu, What About The Refineries? (13708 Views)
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Tinubu, What About The Refineries? by iwaeda: 8:01am On Aug 10, 2023 |
MORE than two months after President Bola Tinubu extinguished petrol subsidies a month ahead of schedule, he has been largely silent on the fate of the four moribund state-owned refineries. At his inauguration on May 29, his “subsidy is gone!” blast triggered record-breaking petrol prices across the country. But despite the crushing impact on individuals and businesses, the President has been less decisive about the loss-making refineries. This does not add up. Tinubu must make domestic refining the capstone of reforms of the oil and gas sector by immediately and transparently privatising the facilities.https://punchng.com/tinubu-what-about-the-refineries/ 3 Likes 2 Shares
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Re: Tinubu, What About The Refineries? by Ikaeniyan0: 8:03am On Aug 10, 2023 |
The Government said the pH refinery will start working in december. 10 Likes |
Re: Tinubu, What About The Refineries? by Chinjo2: 8:06am On Aug 10, 2023 |
The refineries are just conduit pipes for looting. Tell me one business the government is involved in that is thriving. I believe in what Atiku said he would do to the refineries. Sell them off and Nigeria will be saving a lot of money while making money from royalties. 37 Likes 3 Shares |
Re: Tinubu, What About The Refineries? by slimfit1(m): 8:17am On Aug 10, 2023 |
Chinjo2: Only a fool will buy it at the moment, the need for oil is dying so fast these days. Dangote must have realised that he was over ambitious building this current one. The refineries are not going to be ready in December because building or repairing repairing it doesn't work like repairing a car. Tinubu is just waiting on Dangote then when Dangote refinery kicks they will change their speech, how its not necessary to repair the refineries because it is costly they'll do a deal with Dangote. 11 Likes |
Re: Tinubu, What About The Refineries? by MetroLane: 8:18am On Aug 10, 2023 |
Which Refinery Tinubu used the promise of Refinery as campaign promise for his first term. Since we have agbado supporters with corn brains, he will still use that same Refinery as campaign promise for second term to get the votes he can, while making plans to steal the remaining votes. Anybody that's expecting a refinery should send a DM, I have one that I want to sell. 74 Likes 3 Shares |
Re: Tinubu, What About The Refineries? by Joey4321: 8:18am On Aug 10, 2023 |
Yawns |
Re: Tinubu, What About The Refineries? by gentposh: 8:18am On Aug 10, 2023 |
They will be working by December 1 Like |
Re: Tinubu, What About The Refineries? by FutureIsFemale(f): 8:18am On Aug 10, 2023 |
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Re: Tinubu, What About The Refineries? by cjudy(m): 8:18am On Aug 10, 2023 |
Ikaeniyan0: Scam 11 Likes |
Re: Tinubu, What About The Refineries? by orion7: 8:19am On Aug 10, 2023 |
Bunch of monkeys…. When he was running a way from debates like Buhari that was when I funnaky understood that the monkey has nothing to offer .. He will soon appoint asari, and mc oluomo as security chiefs. Yourubas don die for nontherners as their saviour that inherited all the curses. From now onwards na them spoil Nigeria 🇳🇬. Yorubas are army chief , cbn chief, police chief, customs, everywhere you look you must see them with thier dark oily face destroying Nigeria . 19 Likes 2 Shares
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Re: Tinubu, What About The Refineries? by Dannycypher(m): 8:19am On Aug 10, 2023 |
Our refinery is in Renewed Hope. He really needs to make it function. 2 Likes |
Re: Tinubu, What About The Refineries? by JDJDjD: 8:20am On Aug 10, 2023 |
slimfit1:Lolz This one foolish This one think say na only fuel dem dey refine for there 7 Likes |
Re: Tinubu, What About The Refineries? by Nemesis0147(m): 8:21am On Aug 10, 2023 |
The money realized from the subsidy removal is being shared to the senates as little tokens for their holidays while the poor masses were asked to make sacrifices… 8 Likes |
Re: Tinubu, What About The Refineries? by Finneseguy1(m): 8:21am On Aug 10, 2023 |
Dollar is now 917naira, how did we get here? Dangote refinery was estimated to cost $26billion , 50% loan was borrowed from FG, now my point is, how much will it cost FG to work the ph refinery? Or kaduna refinery, if they can take loan from other countries to build road and train stations, why can’t they take loans to build refineries. I heard from someone that the ph refinery will start functioning on December, have been to the refinery, there’s absolutely nothing wrong with it. By the time tinubu is done with us, we will miss Buhari 😂 12 Likes 2 Shares
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Re: Tinubu, What About The Refineries? by CodeTemplar: 8:21am On Aug 10, 2023 |
What we have instead is propaganda refinery where lies go in and propaganda comes out. 2 Likes |
Re: Tinubu, What About The Refineries? by Skillsnigeria: 8:21am On Aug 10, 2023 |
Hmmm |
Re: Tinubu, What About The Refineries? by Nobody: 8:22am On Aug 10, 2023 |
Ikaeniyan0:And you believed? Are you not tired of being brainwashed. The said, date for Dangote nkor, Lagos railway, is still not functional. . Dollar rate - 894. "Let the poor breathe" was a mockery. But people never understood. By next week, gas price would Inflate. This shege will banza very well . Agbado boys should relax, cassava,garri, ewa. Will be plenty. 10 Likes 2 Shares |
Re: Tinubu, What About The Refineries? by Nazgul: 8:23am On Aug 10, 2023 |
Tinubu never promised to do anything. He never attended any interview prior to the elections. All he said was that it's his turn to rule. And he was rigged in, so why should anyone expect anything from someone who doesn't even understand what he's doing in Aso Rock in the first place? 18 Likes 2 Shares |
Re: Tinubu, What About The Refineries? by Ayoola171(m): 8:23am On Aug 10, 2023 |
Okay |
Re: Tinubu, What About The Refineries? by israelmao(m): 8:23am On Aug 10, 2023 |
b |
Re: Tinubu, What About The Refineries? by BreconHills(m): 8:24am On Aug 10, 2023 |
slimfit1: Remember that Dangote and Otedola wanted to buy 2 refineries? Yaradua rescinded the deal they had with OBJ and the rest is history. Some oil labour unions love the situation as it is; money without meaningful work. The oil haulage/lifters love it - they can divert it. Elements in government love it - they can build for turn around maintenance that always fails. As it is the entire capacity of all the refineries is one days worth of fuel. Those refineries should be mothballed 2 Likes |
Re: Tinubu, What About The Refineries? by Timmi: 8:25am On Aug 10, 2023 |
iwaeda: It’s now that your editorial board just wake up and realize the refineries are moribund and not working? This envelope collecting roadside journalist. The refineries have not been working for years and that’s after spending trillions of Naira on the so-called turn around maintenance without producing a drop of refined products and after continuing spending money on staff monthly without working. The government needs not spend any kobo on this refineries but rather sell them or privatize them or an hybrid of these two. The government should not be running any business, it will never work and it’s just for corruptible elements like this editorial board of the Punch newspaper trying to milk the country. 3 Likes |
Re: Tinubu, What About The Refineries? by MykellOni(m): 8:26am On Aug 10, 2023 |
Attendance: Present ✔️ You see, one thing I've come to understand about this old men getting into power is... These people are evil and demonic. And they belong to a cacus. You can't get into power without joining them and dancing along. That's one truth! They have this hidden agenda that prevents them from doing any tangible good that will benefit the general public in this country. The moment they see you have a contrary mindset from them, they frustrate every of your opportunities. Take a critical look at jonathan's tenure. You lot think jona was a confused weakling?? I bet you not! That guy knew the kinda forces fighting against him, but he could never have declared it publicly. That's why you saw his wife was always emotional cos she knew and understood what was happening too but it is always easier for a man to hide his pains and emotions than it is for a woman. I'll tell you this most arguable one, I believe if Obi had been the most wicked and ruthless among the contestants of the election, they would have picked him over the one we have right now... That's the game, they will never allow a good man with good intentions get there... Never! For them it's not even really about tribalism, it is we the blind followers that conclude everything is about tribalism, That's one big advantage they have to themselves. And that's why it will forever be difficult for us to ever get a lasting solution to this menace because until we understand that we need to put tribalism aside and come together to fight for our freedom and rights, we will only continue to be a laughing stock to them... #modified! Let me quickly ask this simple question here, how much do you think the country needs to spend to get a refinery working? You think Nigeria cannot comfortably afford it? You think the subsidy money of just 6months or at most 1year is not enough to set it up? You think all sitting senators allowee and wages, for just one month is not more than enough? I laugh at how these ppl are taking us for fools. But believe me, until Jesus comes, none of these useless politicians is ever going to make any effort in putting up a working refinery. None! They'll only keep promising.... Cornfused agbadorians, my mention is open to you guys again.... But we really need to think deep! 10 Likes |
Re: Tinubu, What About The Refineries? by israelmao(m): 8:28am On Aug 10, 2023 |
It is quite unfortunate that Dangote Refinery which could have served as a safety net is now billed to begin operation in 2025 in lieu of earlier announced 2023 and with this sudden shift I smell a rat.Tinubu's empty and airy promise of rejuvenating Portharcot Refinery within 4months is really amazing and amusing. 1 Like |
Re: Tinubu, What About The Refineries? by AustineE1: 8:29am On Aug 10, 2023 |
Ikaeniyan0:in Tuface voice 'e be like say dey want to tell another story again'. smell the coffee! |
Re: Tinubu, What About The Refineries? by TurboBuilder(m): 8:30am On Aug 10, 2023 |
What do you expect from Ebola Tinubu? He believes in looting and sharing. 1 Like |
Re: Tinubu, What About The Refineries? by Chibuzoc(m): 8:30am On Aug 10, 2023 |
Meanwhile the borrowed funds used in building railway to Niger Republic is under siege |
Re: Tinubu, What About The Refineries? by Olachase(m): 8:31am On Aug 10, 2023 |
Ikaeniyan0:no be juju Them carry you handicap 1 Like |
Re: Tinubu, What About The Refineries? by Ykc2(m): 8:31am On Aug 10, 2023 |
slimfit1:stop saying the need for oil is dying please in next 30 years oil is still here with us,America will still go to war over oil so all this oil will go is from people like you,can nigeria maintain eletric cars?even africa 2 Likes |
Re: Tinubu, What About The Refineries? by InvertedHammer: 8:32am On Aug 10, 2023 |
/ Brent oil: In May, it was around $75 / barrel June $78/barrel July $80/barrel August. $87.86/barrel ( current price) Looking at the trend, it is predictable that the landing cost will increase. Fuel at N1000/ltr? You bet! / 1 Like |
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