₦airaland Forum

They should asap

sylve11:
Nigerians can't manage anything that belongs to the government just as the government can't manage Nigerians.

The only place socialism has worked was in Nazi Germany and in current Scandinavian Nordic countries.

Socialism can only work under strong nationalism.

Nigeria isn't a nation by all definitions but a multicultural entity.

Socialism outside strong nationalism will only promote am elitist rent seeking class.

Nigeria's socialist experiment began under Obasanjo's military dispensation and the reasons for this was Keynesian economics to stimulate growth. It might have worked if there was a clear path to privatisation but subsequent legislation like the 1979 constitution made it near impossible to privatise govt assets. The subsequent military junta were more committed to providing subsidy to promote their legitimacy and popularity amongst the masses. Obasanjo's civilian adminstration began the process of privatisation but this was marred by other powerful rent seekers seeing it as an end to their free meal ticket. State governors also kicked against privatisation because they saw it as a threat to their federal handouts.


Any one thinking govt owned corporations benefit the common man needs their heads examined.

Just imagine if NNPC never existed . Both the upstream and downstream sector would have been thriving . Same goes to every govt owned institution.

Just one question:
Was Tinubu the one that started turn around maintenance (TAM) of the refineries?

Was Tinubu the one that returned the money when it was sold before?

This present repair, was the contract initiated by Tinubu?

Government is messed up, yes. But let's not make it seem everything is Tinubu.

Like you rightly said, under government ownership, the refinery will never work. The only reason NLNG is because it is not run by Government.
Under private ownership, the refinery will work.

What is the way forward:

SELL THE REFINERY TO PRIVATE OPERATORS UNDER A TRANSPARENT BIDDING PROCESS

onatisi:
Nigerians should keep dreaming .
Which NNPC will sell locally refined petrol ? Even to sell crude oil they can't. Tinubu will eventually sell those refineries to his friends . They are only trying to make it look as if they have tried their best . Those refineries will be sold ,they are only bidding their time .
When atiku said it that he will sell them ,dumb Nigerians started shouting ,Tinubu knowing how dumb Nigerians are quickly cashed in on it and Tod them he will make it work ,now has it started working ? Those refineries won't work ,it will be sold as total scrap and the worst Nigerians will do will be to rant online .

THE EARLIER NIGERIANS REALIZE HOW TOTALLY USELESS AND DISHONEST TINUBU IS ,THE BETTER FOR THEM . NIGERIANS SHOULD LOOK BACK SINCE TINUBU CAME IN AND POINT OUT ONE THING HE HAS PROMISED SINCE BECOMING PRESIDENT AND HAS DONE , HE WILL PROMISE THEN TURN BACK ONCE PEOPLE BELIEVE HIM AND RELAX

Black men are naturally very wicked.

AntiMarxist:
The only place socialism has worked was in Nazi Germany and in current Scandinavian Nordic countries.

Socialism can only work under strong nationalism.

Nigeria isn't a nation by all definitions but a multicultural entity.

Socialism outside strong nationalism will only promote am elitist rent seeking class.

Nigeria's socialist experiment began under Obasanjo's military dispensation and the reasons for this was Keynesian economics to stimulate growth. It might have worked if there was a clear path to privatisation but subsequent legislation like the 1979 constitution made it near impossible to privatise govt assets. The subsequent military junta were more committed to providing subsidy to promote their legitimacy and popularity amongst the masses. Obasanjo's civilian adminstration began the process of privatisation but this was marred by other powerful rent seekers seeing it as an end to their free meal ticket. State governors also kicked against privatisation because they saw it as a threat to their federal handouts.


Any one thinking govt owned corporations benefit the common man needs their heads examined.

Just imagine if NNPC never existed . Both the upstream and downstream sector would have been thriving . Same goes to every govt owned institution.

Very valid submission. In addition the labor unions have taken up this socialist mindset in their negotiations to such an extent it’s become a forbidden topic for governments to retrench poor performance. No reason why heads shouldn’t roll every time a major deadline is missed.

Bobloco:
https://dailytrust.com/nnpcl-must-sell-locally-refined-petrol-now/

NNPC get una time?

What step has the federal government taken so far in addressing all these petroleum crisis. We have shown our displeasure as citizens in so many ways; protest, social medias, electrnic media houses and so on. More importantly, it is quiet obviously that the citizens are facing a lot of challenges in procuring the products, as evidenced by the queues in our filing stations, and their exhaubitant prices etc.

What else does Government of a country want to stimulate or spur them into undertaking some drastic actions.
What happens to overhauling NNPC and ministry pretroleaum, what about setting up panels of enquiry or employing the services of audit firms jsutl like it was done in CBN/ Emifele case

Why is the government so cold and complacent like it's not their business, or is this just all a complicit plan to keep milking our resources, denying us the benefit of refining our own crude, and having the product surplus and affordable?

AntiMarxist:
NNPC is a bottomless money pit that needs to be liquidated asap.

What we need are for local investors to take over their assets so that they can compete against Dangote's mega refinery.

Trying to get NNPC with its institutionalised corruption to function as a profit making company and at the same time as a govt service corporation is the height of madness.

Sell it off and dissolve it's management board and give everyone working there sack letters.

My brother, the greatest shock of your life will be to find out that that NNPC may not be worth up to 200m usd, and that it will not be profitable to any investor to buy even 50m usd. It will be a shock.

I am yet to see a country that will say a govt institution has been privatised, and then year after year pump in huge funds into the company to maintain it's useless assets, and also allow it to control the countries resources. I think it is just a way of officially handing over Nigeria to the cabal.

My wonder is amidst all these, Nigerians just keep quiet. Once in a while one lone voice will just stick out here and there and then go silent. Nigeria keeps going down, daily. By the time they will truly wake up, it may be too late.

Nigeria services debts with over 95% of her revenue, the president is still looking for loan, the most recent is a 500m usd loan. A private chinese firm has started seizing Nigeria's assets in UK and France. Countries will soon come after Nigeria. They are quiete yet because they are being paid with oil. They give Nigeria 3b usd and take their payback through oil worth 12b usd. My brother, I cry sometimes when I discuss Nigeria and honestly wish it's not my country sometimes.

Simply FG must divest 60% and investors can move all refineries forward.
Anything short of that shows that those accused of stealing in high places are not ready to let go.

I laugh

bamasite2:
Just one question:
Was Tinubu the one that started turn around maintenance (TAM) of the refineries?

Was Tinubu the one that returned the money when it was sold before?

This present repair, was the contract initiated by Tinubu?

Government is messed up, yes. But let's not make it seem everything is Tinubu.

Like you rightly said, under government ownership, the refinery will never work. The only reason NLNG is because it is not run by Government.
Under private ownership, the refinery will work.

What is the way forward:

SELL THE REFINERY TO PRIVATE OPERATORS UNDER A TRANSPARENT BIDDING PROCESS

its more than one year since tinubu came into office. is one year not enough to sit down and review the issues which you say he did not start?

he met them. is he supposed to allow them continue?

what then is his job if you tell me because he inherited a liability, then he should not be responsible for it?

did he not inherit assets? are you telling me he will not take responsibility for the assets and enjoy them?

according to you "Government is messed up". who is the head of government in nigeria?

what has he done to fix what has been messed up?

how then are we not going to make it seem everything is about tinubu when he is the head of government and the minister of petroleum?

how is it that some of you feel it is ok to make excuses for non performing politicians?

can you make excuses for your non performing employees?

Tinubu is not ready to make any change despite all he saw during the endbadgovernment saga. FG is looking as if NNPCL is a private organisation that no one can direct to do the right thing. Nigerians are suffering and yet the fool keep on doing the wrong thing. How do u expect the economy to do better when masses are buying petrol at 950 naira.

ceejay80s:
to fight war just dey hungry me

AntiMarxist:
NNPC is a bottomless money pit that needs to be liquidated asap.

What we need are for local investors to take over their assets so that they can compete against Dangote's mega refinery.

Trying to get NNPC with its institutionalised corruption to function as a profit making company and at the same time as a govt service corporation is the height of madness.

Sell it off and dissolve it's management board and give everyone working there sack letters.

There is no need to sell what does and has not been generating money compared to the amount spent on it since 1999 till date both directly and indirectly.

Nevertheless, all staffs of such establishment should be exited and a red tape tied around the company and it's facilities preventing entry of anything.

Keep hammering them to see if they can change...NNPCL handlers are egregious

chiiraq802:
Nigeria is a useless country with direction less leaders....

Nigeria is NOT a useless country but unfortunate to be run by greedy, carlous and selfish leaders who prioritise themselves above the country. Get the oyinbos here now they will turn this country around in three years. So it is about leadership, not the country.

NNPCL MUST BE SCRAPPED IF TINUBU IS ALSO NOT PART OF THE CABAL. That corporation is the bastion and the citadel of corruption in Nigera. As long as NNPCL exists there is not going to be an end to the circle of corruption.


Tinubu is chopping his own,

there's nothing wrong with our refineries, na Jez d mumu wey all of us be for dis useless corn3!

didn't Buhari's body odour made our refineries start working wen he was newly sworn in 2015?
Wat changed?

Assuming the last protest is based on NNPC and refinery maybe we could have get good outcome . I remember during end sars the demand is so clear. Nothing like sars on our street again even those police that do stop yahoo boys are not disturbing them again. I think we should pick one issue and hammer on it till the authorities act on it

It appears that the Nigerian National Petroleum Company Limited (NNPCL) does not want any refineries to work in this country, whether government-owned or private.

For the different ethnicities to be saved from incoming destruction by the supporters of APC of futa jalon, Nigeria must be dissolved peacefully.

Sadly, Burutai has said , " if you want to dissolve Nigeria, make my day. We are ready for the challenge". ( Only the wise understands).

Toluwanise247:
Assuming the last protest is based on NNPC and refinery maybe we could have get good out.

Others were chanting "remove Tinubu" as if dat is d main issue bothering us!

Iolo:
Very valid submission. In addition the labor unions have taken up this socialist mindset in their negotiations to such an extent it’s become a forbidden topic for governments to retrench poor performance. No reason why heads shouldn’t roll every time a major deadline is missed.

Labour unions in Nigeria were all descended from colonial Zikist movement.

They are rabid delusional Marxists and that's why they use comrade as their preferred titles.

They are frauds and jokers.

AntiMarxist:
Labour unions in Nigeria were all descended from colonial Zikist movement.

They are rabid delusional Marxists and that's why they use comrade as their preferred titles.

They are frauds and jokers.

Frauds with big-big belle due to corruption.
Ah! I will NEVER FORGET OSHIOMOLE '99-2005! DAT MAN!
He really deceived us all! Not knowing he was a political jobber like the rest.

So sad that Ubani died on the road , while Oshiomole took a plane. So sad.

ceejay80s:
to fight war just dey hungry me

Baba com lead d way, I gallant 4 ya back!

The ph refinery won't work now o. If you pass the road to the refinery, you will know why. Trucks falling on a daily basis due to bad road.

Babamide:
NNPCL is an illusion. They is no refinery upgrade or maintenance going on. There are no plans to refine fuel locally or get the refinery working. Why do Nigerian keep deceiving themselves. There is no better money embezzlement scheme for government to benefit from than fuel importation so why would they invest in local refining?? Mele Kyari and his Ogas at the top are all mad.

APC supporters are maddest!

Marwa is highly needed as replacement for Kyari,but baba can NEVER allow that!

How come una take select Tinibu as president.... Nothing good he has done,,, and the petroleum minister ...what impact has he made getting two years in office now

bamasite2:
Just one question:
Was Tinubu the one that started turn around maintenance (TAM) of the refineries?

Was Tinubu the one that returned the money when it was sold before?

This present repair, was the contract initiated by Tinubu?

Government is messed up, yes. But let's not make it seem everything is Tinubu.

Like you rightly said, under government ownership, the refinery will never work. The only reason NLNG is because it is not run by Government.
Under private ownership, the refinery will work.

What is the way forward:

SELL THE REFINERY TO PRIVATE OPERATORS UNDER A TRANSPARENT BIDDING PROCESS

So was it right for ur president just on d first day in office without assessing d situation, just announced subsidy is gone?

naxo dem dey do?

u will always defend rubbish because u have bn programmed to!

Marwa is highly needed as replacement for Kyari,but baba can NEVER allow that!