₦airaland Forum

larride:
No it won't happen but the question or rather my response to BlueRay was that, if Dangote can buy and revive Kaduna refinery, why can't the government do so also? It's simply incompetence and corruption. They don't want it to work because they are getting money from it not working.

If we sell off all our refineries to Dangote for example, we practically become subjects to his price control mechanism. We've seen what Dangote can do with Dangote cement, do we want that with petrol and diesel also?

Also no reasonable government put all its energy needs at the hands of private entities, it's a recipe for instability.

Lastly, we can't keep excusing the incompetence of our leaders by just saying they should sell everything off and let the private sector handle it, we should be demanding them to do the fûvking job that they are elected to do.

diggz:
Please explain further.

diggz:
E get person wey hunger no fit humble? OasisX get luck say na UAE him dey if not Ehn….

larride:
Of course this current system is not working, that why I said it can work if it's structured properly just like how NLNG is being run.

The PIA might not solve all the problems but it does lay a good foundation that can be improved upon. The PIA didn't just say NNPC should register as a limited liability company alone, it als mandate them to hold an IPO, sell shares to the public (though it also mandate the FG should be majority shareholder in the interest of the country) and be run as a full public company.

Kyari just register NNPLCO alone and abandoned the other requirements of the PIA.

OasisX:
...........Nigeria is hard to explain, to be honest. There are too many thieves across all sectors. Nigerians are quick to blame the government, as if those in government are aliens.

Ajaokuta Steel Company has never produced a single piece of steel, yet it continues to recruit and pay staff. Natasha is even advocating for Ajaokuta to be funded and revived, as though it is actually going to work.

The Kaduna Refinery is in the North, and I wonder if the crude oil discovered in Bauchi and Nasarawa can be refined there. I read somewhere that it can't refine crude oil from the South.

If we want to fix this country, a lot of sacrifices must be made. There are people being paid for doing nothing. Just visit any ministry in Abuja to see for yourself.

I remember going to authenticate my certificates at the Ministry of Education. I couldn’t believe my eyes when I saw that the only working elevator in the building had a “driver.”

There are so many redundant workers across all sectors, yet they can't be sacked due to the inevitable public noise and uproar.

As long as Nigeria fails to return to regional government, its problems will continue to linger. Every region should control its own resources; this would create healthy competition.

We need to make the centre unattractive and reduce the presidency to a ceremonial role. Scrap the House of Representatives but retain the Senate, with the President also serving as the President of the Senate.

This is not PRs; Tinubu is doing a commendable job, but the damages are so extensive that the common man hasn’t felt the impact yet. We will enjoy the gains eventually, but only if we can endure the pain.

diggz:
Which law? Abeg rest! All wokeness should vanish from sports/football space.

GloriousGbola:
we are now in a conundrum

the refineries were sold in 2010/11, but yardua reversed the sale

imho they were at scrap value in 2015, but buhari decided to revamp them. i believe the vendors engaged were actually competent, but NNPC is NNPC.

now NNPC hase an asset that on paper has a value of 1billion dollars that no one will want to buy.

diggz:
Who exactly are you expecting to sacrifice? The common man who is subjected to abject poverty by Tinubus government, or your useless people in power who are still squandering whatever we have while borrowing more for audio projects and achievements? Please let us know.


Meanwhile, the summary of your post na say Tinubu has failed. Well done bro

BlueRayDick:
I think NNPC should just be made regulator and not a player in the industry . If they take the refineries off NNPC’s hands and just have them remain regulators we would be surprised how effective the new owners of the refinery will be .

Kimbeast:
Underage participating in betting and alcohol
is literally against the law. Then stick to the Nigeria league and be free from the so called wokeness.

raumdeuter:
That is the problem with socialism and govt run agencies, You can never get accountability and they cannot be fired cos thats when they will shout about job losses and want to kill DOGE

diggz:
You are guilty of always going off point.

As a matter of fact, it’s extremely difficult to have a proper conversation with someone like you, who basically lacks experience or knowledge on most things but still tries to make silly points or claims. This is how you started chatting nonsense a few months ago about Burna, the UK entertainment industry, and other artists.

To be honest, your takes on anything aside from football are usually rubbish, especially when it comes to the rainbow colours and wokeness. By the way, no one is saying you shouldn’t be part of that community or support what it represents. Na your business be that! What we’re saying is that we want to return to football and sports matters without any agenda from your people.

OasisX:
As long as Nigeria fails to return to regional government, its problems will continue to linger. Every region should control its own resources; this would create healthy competition.

We need to make the centre unattractive and reduce the presidency to a ceremonial role. Scrap the House of Representatives but retain the Senate, with the President also serving as the President of the Senate.

OasisX:
.......nope! He has not failed, kinda early to judge him.

izzou:

diggz:
You are guilty of always going off point.

As a matter of fact, it’s extremely difficult to have a proper conversation with someone like you, who basically lacks experience or knowledge on most things but still tries to make silly points or claims. This is how you started chatting nonsense a few months ago about Burna, the UK entertainment industry, and other artists.

To be honest, your takes on anything aside from football are usually rubbish, especially when it comes to the rainbow colours and wokeness. By the way, no one is saying you shouldn’t be part of that community or support what it represents. Na your business be that! What we’re saying is that we want to return to football and sports matters without any agenda from your people.

diggz:
Oga, this is you confirming that your president has failed in the past two years, is currently failing, and will fail in the future.

Kimbeast:
Two paragraphs of nothing tangible. You can stick to the Nigeria league were you won't see anything woke. Football is not only played in Europe. Win win for you.

Ellexy:
Meanwhile this administration has finally favoured Mr Onopkasa and his family

Man lost weight drastically within 2 years and changed his mind about Tinubu🥹😭🧎🏻‍♂️‍➡️ pic.twitter.com/m5EWLYjkJU

— Oyindamola🙄 (@dammiedammie35) April 30, 2025

GloriousGbola:
you worked in big 4 consulting so please don't conflate the smoke and mirrors of DOGE with actual business optimization. is that how you guys ran your audits? false unverifiable announcements of savings? sacking people and then trying to hire them back?

your beloved DOGE is attacking regulatory agencies , not govt run parastatals

untrained children with no experience, barely out of school with 0 understanding of the industries they are supposed to be 'regulating and nothing but the mandate of a 'ceo' looking for government contracts to drive them

the us public institutions are being reduced to the level of the third world institutions you hold in contempt

the US regulatory industry is being gutted to the level of third wold backwaters. it is no something to celebrate.

raumdeuter:
If these agencies were efficient, there would never have been a need for DOGE in the first place
US govt run offices are significantly worse than US private organizations by several degrees

The pentagon has failed audits for almost 7yrs in a row, If this were to be a private organization, will it continue to be in business?
People go to govt offices and spend entire days, reminiscent of the days you spend entire days at NITEL, NEPA First Bank and Union Bank of the 90s

Ordinary to write 5 things you did last week and send to your manager, which people in the private sector have been doing for ages became a problem

GloriousGbola:
oga simple question

you worked in a company that audits banks and organizations

are they following the same process?

is that how it is done?

even internal control and audit in private organizations are not run by people with no experience

i am very sure if they had brought a university graduate ir maybe an it student to oversee yur unit and the person sent you an email asking you to detail what you do you would be falling over yourself top answer a power mad child

iamoyindamola:
You shouldn't make fun of a man in his down moment 😂😂

BlueRayDick:
As regards the bolded, If Nigerian government is serious the best way to solve this NNPC issue is to sell the refineries off to private sector and then have NNPC face its primary work of regulation. The government can actually have NNPC working closely with whatever private investor to determine the equitable price of PMS and diesel such that the private investors will be in profit and exploitation is reduced to the barest minimum.

It is not rocket science, it can be done.

BlueRayDick:
This is where the buck stops on Tinubu's Table. How does a political appointee fail to do his job and then gets to keep his job for that long?

Although I really do not see anything changing with NNPC if it doesn't go under a completely new ownership that is not named FG. In as much as NNPC remains NNPC which the FG has control over, things would most likely not change.

larride:
You need to go read the PIA as it relates to the privatilization of the NNPC. In fact the President won't be the one appointing it's MD again after the successful IPO, it will be run like a proper business is run.

Ellexy:
Meanwhile this administration has finally favoured Mr Onopkasa and his family

Man lost weight drastically within 2 years and changed his mind about Tinubu🥹😭🧎🏻‍♂️‍➡️ pic.twitter.com/m5EWLYjkJU

— Oyindamola🙄 (@dammiedammie35) April 30, 2025

afrodoc:
Is it just me or does his neck look longer and slimmer in the 2025 video?

larride:
You need to go read the PIA as it relates to the privatilization of the NNPC. In fact the President won't be the one appointing it's MD again after the successful IPO, it will be run like a proper business is run.

BlueRayDick:
I will check it out and when I do I will come back here to discuss what I think whether what is written therein is practicable or a mirage.

GloriousGbola:
this is actually why it may not eventually work out.

because NNPC has always served as a source of clandestine funding for the serving administration

it will take an act of extreme political will to unbundle nnpc and its purse strings