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BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsBINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo (12788 Views)

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Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by zero8zero(m): 8:54pm On Jul 09, 2025
Zhtq:
And some are busy stealing other people's oil to refine in Yorubaland.


South south people I greet una ooo.

You've seen the people stealing your oil and taking it to their place
See haters, this one doesn't know Ondo is an oil producing state. Ignorance is bliss.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by bolademi(m): 8:56pm On Jul 09, 2025
Putindbutt:
https://www.thisdaylive.com/2025/07/09/binl-to-build-15bn-500000bpd-refinery-establish-ftz-in-ondo/
Ogboti in ilaje local government is not suitable for this project. Let Ondo state government stop playing politics. Let them relocate it to Araromi the original site for Olokonla free trade zone
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by immaculatesense(m): 8:57pm On Jul 09, 2025
ALISMILE:
Who else noticed the first sign of fraud in this proposal?
15billion dollars for a 500,000 bd refinery. While Dangote’s 650k bd refinery cost $20billion notwithstanding he got dollars at extremely subsidized rate to build the refinery.

Now that dollars is 4X higher than it was when Dangote built his, how do these people expect to meet up?
You are mixing it up.
Dollar is never high or low. Dollar is always stable while it is naira that is unstable.
What you get for $10 five years ago may still be $10 today. Na naira for change compared to dollar wey fit be #5,000 five years ago and now it is #25,000.
So dollar is always stable.
If Dangote still want to rebuild his refinery he may still spend that exact money in dollar but X5 in Naira or more
Thanks
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by adicius: 8:59pm On Jul 09, 2025
CodeTemplarr:
A state that cannot turn cocoa into chocolate wants to build $15B refinery. Kudos and Ukodo to them in advance.
Chocolate in this heat in Nigeria, you are not very smart are you. 😆. Your medulla oblongata needs a reset.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by PUNANI01: 9:13pm On Jul 09, 2025
Not in Niger delta, not in Rivers ! This country is becoming something else.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by adicius: 9:14pm On Jul 09, 2025
Upwards and onwards for yorubabland. Great development. It will open up my beloved Ondo state for massive investment in the future and decongest Lagos. Btw, for those in the not know, Ondo state produces 60,000bpd of oil. So this is a win win.

Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by jimi4us: 9:24pm On Jul 09, 2025
I stop reading immediately I saw in partnership with NNPC grin grin grin grin
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by RenaissanceGuy: 9:26pm On Jul 09, 2025
If we count the number of refineries audio investors have built with their mouth in this country, I think we should be having at least 150 refineries by now grin. Alas only Dangote matched words with action.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by Vision101(m): 9:31pm On Jul 09, 2025
nickxtra:
Audio refinery. The ones that were granted licence since many years ago, where are they?
They abandoned the licences because the business was not viable then. They are all coming back now because of the reforms.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by Nobody: 9:36pm On Jul 09, 2025
[quote author=CodeTemplarr post=136045710]A state that cannot turn cocoa into chocolate wants to build $15B refinery. Kudos and Ukodo to them in advance. [/quote


Lol
Audio wild elephant project
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by Zocalite: 9:48pm On Jul 09, 2025
Another propaganda again

Audio refinery

Audio investment
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by Gboss247(m): 9:51pm On Jul 09, 2025
maxiuc:
only dangote refinery is enough to supply Nigeria but why is the price still high
Why is N114.20 trillion doing in circulation?
40 more characters needed!
Ancient Ways!
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by Gboss247(m): 9:53pm On Jul 09, 2025
ALISMILE:
Who else noticed the first sign of fraud in this proposal?
15billion dollars for a 500,000 bd refinery. While Dangote’s 650k bd refinery cost $20billion notwithstanding he got dollars at extremely subsidized rate to build the refinery.

Now that dollars is 4X higher than it was when Dangote built his, how do these people expect to meet up?
Where you the one who subsidize dollars for Dangote refinery project?
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by YouandiAllofus: 9:55pm On Jul 09, 2025
Dangote have proven that petroleum refining is possible in Nigeria despite decades of inefficiencies, negligence and gross misconducts in state owned refineries.

Dangote took the bull by the horn and now others are getting onboard.

This is great and we can only hope for sustained achievements and more of such investments to come.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by Gboss247(m): 9:55pm On Jul 09, 2025
jimi4us:
I stop reading immediately I saw in partnership with NNPC grin grin grin grin
I think you need the read the Petroleum Industry Acts of 2021
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by alizma: 10:01pm On Jul 09, 2025
I talk am, this is becoming real business and the real business people are coming in.
Let the same thing happen in electricity sector and in less than 4 years, you will see light everywhere in Nigeria. Remove subsidy, remove estimated billing, let people choose when and how they use there light
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by ALISMILE(m): 10:13pm On Jul 09, 2025
Gboss247:
Where you the one who subsidize dollars for Dangote refinery project?
While dollar was 650-750 naira to the dollar when he was building his refinery, he was given at 350-400.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by dequir: 10:42pm On Jul 09, 2025
PUNANI01:
Not in Niger delta, not in Rivers ! This country is becoming something else.
To many ignoramus on this thread. Ondo State is among the Niger Delta states. Please educate yourself before commenting on a topic.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by haffaze777(m): 10:44pm On Jul 09, 2025
omenka:
Make una press the neck well well. Never let go. cheesy

Love it.
I will press their neck till they kpainggrin

Longest time comrade.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by haffaze777(m): 10:45pm On Jul 09, 2025
Zhtq:
And some are busy stealing other people's oil to refine in Yorubaland.


South south people I greet una ooo.

You've seen the people stealing your oil and taking it to their place
Why can't you allow south south people to cry their cry?must you always cry?who curse you people with wailing and crying?
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by haffaze777(m): 10:48pm On Jul 09, 2025
stanluiz:
There is oil refinary in Anambra state. It was Peter Obi that made it so

https://allafrica.com/stories/200604210438.html

Celebrate your own in Peace.
I won't celebrate mine in peace only,I will continue pressing Obi's followers neck.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by BarrElChapo(m): 10:54pm On Jul 09, 2025
abeg abeg abeg

28 more characters needed okay Seun
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by jimi4us: 10:54pm On Jul 09, 2025
Gboss247:
I think you need the read the Petroleum Industry Acts of 2021
I don't need to read shiiit , Petroleum Industry Act that can't protect Dangote refinery from NNPC and their fellow criminals.
Dangote have to invest $250million to buy trucks to take his products to filling stations around the country.

Everybody is always quick to quote Nigerian laws when it's useless when it comes to implementation
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by DeOTR: 11:02pm On Jul 09, 2025
maxiuc:
only dangote refinery is enough to supply Nigeria but why is the price still high
Build your own and sell to us at "low" price, abi who are you waiting for?
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by samstradam: 11:22pm On Jul 09, 2025
stanluiz:
There is oil refinary in Anambra state. It was Peter Obi that made it so

https://allafrica.com/stories/200604210438.html

Celebrate your own in Peace.
Please this refinery that Peter Obi made so 20 something years ago, when will it produce just a litre of petrol.This is a serious question oooo


https://www.nairaland.com/7921850/what-happened-orient-refinery-why

https://www.nairaland.com/8019528/peter-obi-orient-refinery-vs

Just like your master, if you people tell us it is daytime and the sun is out, we must immediately go and double check cheesy
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by olax02(m): 11:41pm On Jul 09, 2025
haffaze777:
Some people will prefer Hero beer instead


This will make the forum more interesting for everyone
Don't mind that zone. If cow urine is mixed with sugar they can drink it unknowingly. I don't mention name oooo seun.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by favor914: 12:13am On Jul 10, 2025
mrvitalis:
That's my grandma's village... Congratulations to them
igbo man claiming delta state, we hear u, u done claim Ondo join now abi? U try well well, anywhere crude oil dey, u must apply yourself?
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by nickxtra(m): 1:33am On Jul 10, 2025
Vision101:
They abandoned the licences because the business was not viable then. They are all coming back now because of the reforms.
I pray this one is completed in our life time. What Dangote could not achieve in even 4 years, these ones say they will achieve within 48 months
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by gabbytabby: 1:40am On Jul 10, 2025
And may you succeed in Jesus name Amen.

Many more good news and opportunities for the youths.
Re: BINL To Build $15bn 500,000bpd Refinery, Establish FTZ In Ondo by CodeTemplarr: 2:21am On Jul 10, 2025
adicius:
Chocolate in this heat in Nigeria, you are not very smart are you. 😆. Your medulla oblongata needs a reset.
but same chocolate survives heat after it is imported back into the country and region. Your brain needs washing and servicing Oga.
1 2 3 Reply

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