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NNPC Seeks Private Companies To Operate Port Harcourt Refinery - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / NNPC Seeks Private Companies To Operate Port Harcourt Refinery (13725 Views)

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Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Ishilove: 12:43pm On Jan 15
And let the lobbying begin
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Chukwuka319(m): 12:44pm On Jan 15
Things are definitely falling into place, concerning the issue of the refineries, and by God's Grace we shall surely get it right.

2 Likes 1 Share

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Coronavirus1: 12:44pm On Jan 15
If it will benefit the masses I will support it.
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Putindbutt: 12:45pm On Jan 15
Brendaniel:
Shebi OBJ told them earlier on they insulted him, their eye has started to clear
What did OBJ say?, that our refineries will never work. But PH refinery is almost ready for production once again. You and OBJ should be ashamed of yourselves.

2 Likes 1 Share

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by seanfer(m): 12:45pm On Jan 15
BUSI105:
is this really good for the econnomy
Yes it is good... OBJ privatized the Refineries during his tenure, but Yaradu'a came and cancel the agreement between FG and Dangote with Otedola... That is part of the reason Dangote had to get licence to build his own refinery.

3 Likes 1 Share

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by broadman20: 12:47pm On Jan 15
accordadoga21:
Hehehe

We are waiting for the E-president's reaction again.

This Country must be great.

The prayers of the the bitter souls from a particular region for Nigeria will not come to pass



After typing nonsense here you go back home with high cost of transportation to eat foodstuff bought very costly.


Sincerely speaking some people are slaves in their own country.
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Ibelearner: 12:47pm On Jan 15
Good and smart move by NNPC
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Versal: 12:47pm On Jan 15
But, if you are gladdened by this news, you should be ashamed of yourself.
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Putindbutt: 12:48pm On Jan 15
Honestey:
Atiku will be like, I no tell you undecided
Atiku said he will sell it but we are not selling it.
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Jokkarm2: 12:48pm On Jan 15
Kenochi:
This is very good news,I salute the honesty of the NNPCL management for starting the process of full privatisation of all our Refineries
I have always stated that the last time any type of Refining was done in Nigeria was close to 15 years ago.All the personnel that know how to operate a Refinery are either retired or on their way out of the place. I have consistently maintained that the best policy that the Asiwaju Government can enact is to privatise at least two of the Refineries and I believe this is a step towards full privatisation
For those that will want to argue with this policy,my thoughts are as follows.
The people in NNPCL have already sold their soul,this is a company that has imported Refined crude oil in the past twenty years, they have mortgaged their conscience and they know that running a Refinery is hard work
They are used to short cuts and now that the Hardwork has come,they are not willing to do it

Let them give it to people who are willing to do the work,please check my signature for cheap properties with good titles around Ibeju Lekki Industrial Hub which comprises of Dangote Refinery,Lekki Deep Sea port and Free Trade Zone
Will all these reduce the price of fuel? if no, it has not impacted a common Man. for the citizens to believe and trust this initiative, the price of fuel must come down to at least 300 to 350 per liter, that way we will know that the policies are working and useful
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by clearcrystal: 12:49pm On Jan 15
nstore:
But why private companies to operate Port Harcourt refinery?..
As reported "..the decision was made to improve dependability and sustainability to meet the country's fuel
supply..."...
What do I know..

Goverment has been running it for years with no headway.Let private companies take over the business of running our refineries.

According to Otedola 'Goverment has no business running business'.

2 Likes 1 Share

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by lexy2014: 12:50pm On Jan 15
TimeManager:
My confidence is growing more strongly in Ashiwaju's Presidency. With the new NNPCL board, i don't expect less than 99% efficiency.

-kiss the truth!

Was privatizing the refineries not what Atiku advocated for which Tinubu opposed claiming Atiku wanted to sell to his friends?

2 Likes

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by omohayek: 12:51pm On Jan 15
Kenochi:
This is very good news,I salute the honesty of the NNPCL management for starting the process of full privatisation of all our Refineries
I have always stated that the last time any type of Refining was done in Nigeria was close to 15 years ago.All the personnel that know how to operate a Refinery are either retired or on their way out of the place. I have consistently maintained that the best policy that the Asiwaju Government can enact is to privatise at least two of the Refineries and I believe this is a step towards full privatisation
For those that will want to argue with this policy,my thoughts are as follows.
The people in NNPCL have already sold their soul,this is a company that has imported Refined crude oil in the past twenty years, they have mortgaged their conscience and they know that running a Refinery is hard work
They are used to short cuts and now that the Hardwork has come,they are not willing to do it

Let them give it to people who are willing to do the work,please check my signature for cheap properties with good titles around Ibeju Lekki Industrial Hub which comprises of Dangote Refinery,Lekki Deep Sea port and Free Trade Zone
I agree that full privatization would be best, but that's not what this proposal is suggesting. As far as I can see, all they're calling for here is for private entities to manage a refinery which will still be under full government ownership. That doesn't go anywhere near far enough in my view. They need to sell the antiquated white elephants and be done with them once and for all.

3 Likes 1 Share

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by lexy2014: 12:51pm On Jan 15
Chukwuka319:
Things are definitely falling into place, concerning the issue of the refineries, and by God's Grace we shall surely get it right.
.
Which falling in place are they falling?

Is it by the grace of God that the refineries were built in the first place?
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by lexy2014: 12:52pm On Jan 15
Chukwuka319:
Things are definitely falling into place, concerning the issue of the refineries, and by God's Grace we shall surely get it right.

Which falling in place are they falling?

Is it by the grace of God that the refineries were built in the first place?
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Ibelearner: 12:53pm On Jan 15
If this Tinubu guy continue like this am afraid Nigerians might not be able to resist his second term...
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Putindbutt: 12:55pm On Jan 15
bestman09:
Confused and selfish lots. This is what OBJ tried to do 17 years ago and this same tinubu and his gang fought against it raining insults on OBJ till Yaradua cancelled the process. 17 good years wasted chasing shadows
God punish you liars.. when did Tinubu stop Obj from privatizing the refineries?.

1 Like

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by lexy2014: 12:55pm On Jan 15
accordadoga21:
Hehehe

We are waiting for the E-president's reaction again.

This Country must be great.

The prayers of the the bitter souls from a particular region for Nigeria will not come to pass
.

If you say Nigeria must be great, are you saying that all these years nigeria was not great?

If Nigeria was not great, what was it?
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by BreconHills(m): 12:57pm On Jan 15
bestman09:
Confused and selfish lots. This is what OBJ tried to do 17 years ago and this same tinubu and his gang fought against it raining insults on OBJ till Yaradua cancelled the process. 17 good years wasted chasing shadows

Why lie?

It was Yaradua that cancelled the refinery sale. It was PDP that was in power at the centre. How could Tinubu prevail on a PDP government to reverse itself?

What does that say about the PDP?

I guess it was Tinubu that stopped the PDP from failing to deliver one capital project in 16 years? Tinubu must be a heck of a guy!

1 Like

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Toosure70: 12:58pm On Jan 15
Okoroawusa:
Port Harcourt Refinery is ready


I Love PMB

I Love Bola Ahmed Tinubu
check yourself bro, is it not what obj advised before?
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by budaatum: 12:59pm On Jan 15
bestman09:

If only you know the value of this VINTAGE ASSET!

It's value is in it being in the right hands, and not in farming it out for Uber, just as the value of Port Harcourt Refinery too is in it being in the right hands and not in the hands of asset strippers.

Sorry, but I'm very suspicious of privatisation. Especially if not well scrutinised.
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Aquila99: 12:59pm On Jan 15
bestman09:
Confused and selfish lots. This is what OBJ tried to do 17 years ago and this same tinubu and his gang fought against it raining insults on OBJ till Yaradua cancelled the process. 17 good years wasted chasing shadows

Oga, shatap. Wen did tinubu say anything or kicked against it during OBJ..
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by tommy589(m): 12:59pm On Jan 15
bestman09:
Confused and selfish lots. This is what OBJ tried to do 17 years ago and this same tinubu and his gang fought against it raining insults on OBJ till Yaradua cancelled the process. 17 good years wasted chasing shadows

Not Tinubu and his gang. It was two days after Yaradua swearing in that he rescinded the sales of Kaduna refinery to dangote and the increase in pump price

1 Like

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by sulaak(m): 12:59pm On Jan 15
nstore:
But why private companies to operate Port Harcourt refinery?..
As reported "..the decision was made to improve dependability and sustainability to meet the country's fuel
supply..."...
What do I know..

Name one organisation that has survived government ownership in Nigeria. NITEL, NEPA, and Nigeria Airwaste have been run to the ground. Outsourcing the refinery to private operators and keeping control of the the governance and finance is a far better model that has worked in te operations with the NNLG

4 Likes 2 Shares

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Putindbutt: 12:59pm On Jan 15
lexy2014:


Was privatizing the refineries not what Atiku advocated for which Tinubu opposed claiming Atiku wanted to sell to his friends?
Tinubu is not even privatizing it, a private company will only manage it. Try read and understand.

2 Likes

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by lexy2014: 1:01pm On Jan 15
Putindbutt:

Tinubu is not even privatizing it, a private company will only manage it. Try read and understand.

If a private company is managing it, what do you call that?
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by theamazonguru(m): 1:08pm On Jan 15
BUSI105:
is this really good for the econnomy

It's better.
In fact that's the best decision they could have made on that Refinery.

Government is notoriously known for the inability to conduct any business efficiently and profitably.

I will give you 2 examples:
I once went to visit a friend at NPA in Rivers. Ordinary photocopy was an issue. If you want to photocopy anything, you need to get your own A4 paper.
Meanwhile the management of the entire port facility here in Rivers state is managed by ORLEANS INVESTMENT (Intels Services), you need to see the definition of efficiency except whe it is really beyond their power , at least i known of the FLT & FOT.

Another case in point is the once dead Eleme Petrochemicals that couldn't produce any product until it was privatized and sold to Indorama.
Go there today and see the traffic occasioned by the trucks going in and out of Indorama all carrying products (Fertilizer, Urea etc )

Privatization is the way to go.

The question we can only ask is, will the process be transparent without the influence of any vested interest?

This remains to be seen.
But I tell you, there is hope.

10 Likes 3 Shares

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by lomprico(m): 1:09pm On Jan 15
Aka privatisation

This is what Atiku said he will do and agbadorians called him all sorts. Now they are praising nnpcl because it's tifnubu that is there.

1 Like

Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Kukutente23: 1:11pm On Jan 15
Okoroawusa:
Port Harcourt Refinery is ready


I Love PMB

I Love Bola Ahmed Tinubu
What about GEJ
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by TOYNEX(f): 1:13pm On Jan 15
allthingsgood:
new scam

They will give it to their own people who will then milk the refinery dry
As expected. Another way to enrich some cabals at the expense of the people.
Except the fuel price returns back to what it was when this administration came onboard, every move is irrelevant.
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by Brendaniel: 1:14pm On Jan 15
Putindbutt:

What did OBJ say?, that our refineries will never work. But PH refinery is almost ready for production once again. You and OBJ should be ashamed of yourselves.

Oga, almost is not there yet, Nigeria almost won nations cup did not mean they won, so wait till it produces 1 litre of fuel before you start talking....
Re: NNPC Seeks Private Companies To Operate Port Harcourt Refinery by stasius: 1:20pm On Jan 15
Thank God these refineries are working.

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