₦airaland Forum

CodeTemplarr:
Corruption personified. Same NNPCL overseeing four public refineries or another?

At least clap for this achievement. these are the structural regeneration that is needed to fix Nigeria.
Our crude production dropped to below 1million barrels per day for some period under President Buhari.
To now see elements of that government converging under ADC is a big slap on Nigerians

TimeManager:
https://www.vanguardngr.com/2025/07/nnpc-declares-n905bn-profit-for-june-remits-n6-96tn-in-5-months/

What part of the reported profit is from the revamped refineries that have been operating since last 10 years

Calbarian:
Jul 30, 2015

SUPPLY from local refineries have received a major boost as the Port Harcourt and Warri refineries have begun preliminary production following a successful re-streaming after a nine-month phased rehabilitation exercise conducted by its in-house engineers and technicians.

The Nigerian National Petroleum Corporation (NNPC) in a statement yesterday in Abuja said that both plants have commenced preliminary production of petroleum products after successful test-runs, noting that while Port Harcourt Refinery Company PHRC, is ramping up its operation to about 60 percent of its 210, 000 barrels per day name plate capacity, Warri Refinery Petroleum Company WRPC, production is projected to hit 80 percent of its installed 125, 000 bpd capacity.

Meanwhile, the Department of Petroleum Resources (DPR) has closed down 22 filling stations in Abuja and environs for undue profiteering. 19 of them were sealed for selling above N87.00 per litre, while two were shut down for diversion of petroleum products and one was caught grossly under-dispensing and selling products massively in jerry cans.
DPR stated that the stations would remain sealed for at least one month in addition to forfeiting their bridging claims as directed by the Federal Government.

NNPC added that the Port Harcourt Refinery is projected to boost the nation’s local refining capacity with a product yield of 5million litres of petrol per day while WRPC would contribute 3.5 million litres of petrol to local refining capacity.


http://www.ngrguardiannews.com/2015/07/port-harcourt-warri-refineries-begin-production/

TimeManager:
I understand the media is doing a very poor job enlightening you guys l, coupled with the fall out of decades of rots in our Education which is badly affecting the youths of today who have replaced cognitive reasoning with social media obsession.
First of, 6trillion in 5months which is an average of 1.2trillion per month, which is a paltry sum, Lagos state's budget is 3.3 trillion, Rivers State budget is 1.4 trillion which totals 4.7trillion. That's 4.7 trillion for only two states out of 36 states plus FCT. How far could 6trillion go round?. This is just using budget as an example.
Sadly, some people are misrepresenting the $20billion MTEF loan appropriation. The fact is, it is a loan framework, it is not an actual loan. It's a proposal for both the FG and the states within the time period.. But you're quick to scream Tinubu, not knowing it covers your respective states as well. Crucially, the MTEF spreads over a two year period from 2025-2027. The loan is not mandatory or compulsory to be exhausted either.

-Kiss the truth!

You said plenty of nothing oga.
Can we afford a duplicatiin of highway over 700km? Useless and idle airports? Flyovers for improved skyline sake? Ramadan? Mosques? Hajj? Wastages? Highest paid leaders in the world per capita?

It is when time comes to perform you start juxtaposing useless figures up and down. Ia Lagos and Rivers not part of Nigeria?

Lifestone:
At least clap for this achievement. these are the structural regeneration that is needed to fix Nigeria.
Our crude production dropped to below 1million barrels per day for some period under President Buhari.

To now see elements of that government converging under ADC is a big slap on Nigerians

The leading elements of ADC coalition are deregulation and privatisation policy proponents of capitalist PDP. The ones who made our country prosperous for 16 years before ebilokan made his fellow southerner Jonathan a one term president in favour of his expired northerner Buhari.

thisweekng:
The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”
Private sector to drive the economy

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/

Lifestone:
At least clap for this achievement. these are the structural regeneration that is needed to fix Nigeria.
Our crude production dropped to below 1million barrels per day for some period under President Buhari.
To now see elements of that government converging under ADC is a big slap on Nigerians

This isn't an achievement in anyway. They dont extract crude nor can they manage the theft of crude. Just an overrated accounting office churning out figures in exchange for monumental corruption and incompetence. Haba.

Celebrating profit while Tinubu is on a borrowing spree.

anonimi:
The leading elements of ADC coalition are deregulation and privatisation policy proponents of capitalist PDP. The ones who made our country prosperous for 16 years before ebilokan made his fellow southerner Jonathan a one term president in favour of his expired northerner Buhari.

My major problems with ADC is seeing the likes of Amaechi, El Rlufai etc

anonimi:
The leading elements of ADC coalition are deregulation and privatisation policy proponents of capitalist PDP. The ones who made our country prosperous for 16 years before ebilokan made his fellow southerner Jonathan a one term president in favour of his expired northerner Buhari.

Like how Atiku sold out national assets for cheap to his cronies when he was head of BPE?😂😂. How many of the refineries were working when PDP was in power and where is our missing $20billion oil money?. You & your paymasters supposed to be locked up in jail.

Lifestone:
My major problems with ADC is seeing the likes of Amaechi, El Rlufai etc

How much of your own time, talents and money do you spend on various aspects of the political and governance processes, to make other people viable alternatives to Amaechi and El Rufai

anonimi:
“The worst illiterate is the political illiterate, he doesn’t hear, doesn’t speak, nor participates in the political events.

He doesn’t know the cost of life, the price of the bean, of the fish, of the flour, of the rent, of the shoes and of the medicine, all depends on political decisions. The political illiterate is so stupid that he is proud and swells his chest saying that he hates politics.

The slowpoke doesn’t know that, from his political ignorance is born the prostitute, the abandoned child, and the worst thieves of all, the bad politician, corrupted and flunky of the national and multinational companies.”

― Bertolt Brecht

We are yet to see anything good from this administration!

That's almost 1 trillion for a month.

CodeTemplarr:
What useless transparency is that? None of four refineries working and no one is in jail or under the microscope. Before you type rubbish and tg it with "kiss the truth" think well oooo.

U can contest and fix it.

At least you are citizen, you have right to vote and to be voted for.

Talk is cheap, contest and do the needful

Thank you.

The people, Nigerian citizens should eat from these revenue, the wealth of the nation is to be enjoyed by the people not politicians alone...give to the people through food subsidies, electricity subsidies, healthcare subsidies, transportation... These areas have the largest impact on the generality of Nigerians

Danelo:
Before they can declare this figure, just be rest assured that trillions have been hidden under the carpet.

Imagine the stipend they declare in 5 f**kn months.

We go wake up one morning to our new owners in this country.

You see 🙈

It's something of sure

Can you back what you said up??

I don't want to.hear justice for lagbaja o 😂

Mrfixitt:
Yet Tinubu is borrowing money all the time like craze man

nothing is bad in borrowing, it is what is used for that matters, every country borrow money

zero8zero:
Like how Atiku sold out national assets for cheap to his cronies when he was head of BPE?😂😂.

How many of the refineries were working when PDP was in power and where is our missing $20billion oil money?. You & your paymasters supposed to be locked up in jail.

It’s over a decade since your corruption-fighting paymasters have been in power. Why have they failed to lock up those involved in your allegations all these years, if they are not worse rogues, keen to make distracting noise to cover up their own stealing?

Deregulation and privatisation capitalist PDP leaders sold the refineries before Yar’Adua reversed the sales.

Moreover, can there be any politician more deserving of jail time than ebilokan, whose Lagos master plan raised budget 75 times in the past 26 years but no improvement in government services and public utilities?

Can you compare that with the achievements of Jakande in just four years? Why would Buhari lock up Jakande in 1984 for corruption but hand over to ebilokan 39 years later? Any idea

Splashme:
The first civilian governor of Lagos State, Alhaji Lateef Jakande, on Tuesday, said that the cancellation of the Lagos metroline project in 1985 was a major mistake and disservice to many Nigerians.

Jakande spoke in Lagos during the launch of a book which chronicled his life in politics and journalism.

The book, entitled, ‘Jakande: Leadership in Action’ is written by Dr. Bola Olaosebikan, who told the audience at the event that the All Progressives Congress presidential candidate, Maj. Gen. Muhammadu Buhari (retd.), was not responsible for the cancellation of the project.

Jakande said, “Reflecting on the metroline project, I think it is a major disservice to many Nigerians. Imagine how many people would have benefitted. It would have made life easier and changed the face of transport in Lagos. Whoever cancelled it or gave the advice towards its cancellation didn’t do right.”

The former governor asked Nigerians not to vote for unserious leaders in the coming polls, saying the elections presented Nigerians with a good opportunity that should not be squandered.

Expressing the hope that Nigeria would soon overcome its developmental challenges, Jakande said hope would be actualised faster if credible people emerged as leaders in the next dispensation.

He said, “This book comes at a very auspicious time in Nigeria’s history as we need leaders who can act. We need leaders who would not compromise the standards of good governance. God has blessed this nation the most in Africa, although we have not reached where we should be; with the right leaders, Nigeria would overcome its challenges.”


http://www.punchng.com/news/cancelling-metroline-a-major-mistake-jakande/

eluquenson:
REVISITING SOME OF THE LATEEF JAKANDE'S GOVERNMENT ACHIEVEMENTS FROM OCTOBER 1979 TO DECEMBER 1983 (FOUR YEARS AND 3 MONTHS) IN LAGOS STATE

* His government built the current Lagos State Secretariat which houses all the state ministries as well as the popular round house hitherto occupied by all subsequent governors of the state.

* His government built the Lagos State House of Assembly complex.

* His government built the Lagos State Television

* His government built the Lagos Radio

* His government built Lagos State University

* His government established General Hospital in zones all over the state with assurance of free health care.

* His government established Teacher Training College and the College of Education.

* His government built low cost houses in Ijaiye, Dolphin, Oke-Afa, Ije, Abesan, Iponri, Ipaja, Abule Nla, Epe, Amuwo-Odofin, Anikantamo, Surulere, Iba, Ikorodu, Badagry, Isheri/Olowu, Orisigun etc.

* His government established the Water Management Board and Waste Disposal Board on the 18th of August, 1980.

* His government constructed the Adiyan Water Works to increase water supply in the state to 18.16 million litres per day.

* His government modernized and expanded the Iju Water Works which was first commissioned in 1915. This increased daily capacity from 159 million to 204 million litres per day.

* His government purchased and commissioned the giant car crusher equipment. The equipment was designed specifically to crush derelict vehicles in Lagos State. It had the capacity to crush 45 vehicles per day.

* His government constructed, rehabilitated and resurfaced Epe/Ijebu-Ode Road, Oba Akran Avenue, Toyin Street, Town Planning Way, Alimosho-Idimu-Egbe Road, Idimu-Iba-LASU Road, the new secretariat road and several others.

* His government constructed Victoria Island/Epe Road and thereby creating an ‘oil rig’ for Lagos State.

* His government established Asphalt Plant for the Department of Public Works.

* His government established Electricity Board for Rural Electrification with provision of street lights.

* His government modernized, expanded and commissioned Onikan Stadium in 1982.

* His government established a singular school system and ensured genuine free education in Lagos State and the beneficiaries of this policy are in different positions of eminence in the country and around the world.

* His government raised the primary schools in Lagos State to 812 with 533,001 pupils (against 605 primary schools with 434,545 pupils he met in 1979) and secondary schools to 223 with 167,629 students (against 105 schools with 107,835 students in 1979).

* His government constructed 11, 729 classrooms with the maximum of 40 children per class between March and August 1980, by 1983, he had constructed over 22,000 classrooms.

* In July 1983, two commercial passenger boats christened "Baba Kekere and Itafaji" to run the Mile 2 - Marina (CMS) route via the lagoons were inaugurated by his government to mark the official launch of the Lagos State ferry services.

* His government took over the ownership and financing of Lagos State Printing Corporation in July 1980

* His government established the first State Traffic Management Authority (Road Marshals).

* His government established small scale Industries Credit Scheme which preceded the EKO bank.

*His government established LASACO Insurance.

*His government expanded existing market and built new ones.

*His government established Traditional Medicine Board.

WHO SAYS 4 YEARS IN OFFICE IS NOT ENOUGH FOR MEANINGFUL ACHIEVEMENTS?

IT'S A FACT THAT 90% OF GOVERNORS IN NIGERIA SINCE 1999 WITH REVENUES AT THEIR DISPOSAL CANNOT BOAST OF A QUARTER OF THESE ACHIEVEMENTS EVEN WITHIN THEIR EIGHT YEARS IN OFFICE.

CodeTemplarr:
What useless transparency is that? None of four refineries working and no one is in jail or under the microscope. Before you type rubbish and tg it with "kiss the truth" think well oooo.

How many of it worked during, OB, Yaradua, Jonathan and Buhari that you want to heap the blame on Tinubu

porthouse7:
nothing is bad in borrowing, it is what is used for that matters, every country borrow money

He's doing minimal projects compared to the money he has been borrowing. And yes something is wrong with borrowing heavily both as a govt or individual. Nigeria spend over $700m just to service their loans monthly. You ain't aware of this hence your assertion

TimeManager:
NNPCL has been issuing monthly reports since the new CEO assumed office, that's transparency and accountability right there. We are beginning to see a resemblance of corporate governance in NNPCL.

-Kiss the truth!

Season of everyday lies.

No surprise

TimeManager:
I understand the media is doing a very poor job enlightening you guys l, coupled with the fall out of decades of rots in our Education which is badly affecting the youths of today who have replaced cognitive reasoning with social media obsession.
First of, 6trillion in 5months which is an average of 1.2trillion per month, which is a paltry sum, Lagos state's budget is 3.3 trillion, Rivers State budget is 1.4 trillion which totals 4.7trillion. That's 4.7 trillion for only two states out of 36 states plus FCT. How far could 6trillion go round?. This is just using budget as an example.
Sadly, some people are misrepresenting the $20billion MTEF loan appropriation. The fact is, it is a loan framework, it is not an actual loan. It's a proposal for both the FG and the states within the time period.. But you're quick to scream Tinubu, not knowing it covers your respective states as well. Crucially, the MTEF spreads over a two year period from 2025-2027. The loan is not mandatory or compulsory to be exhausted either.

-Kiss the truth!

You're poorly informed hence your assertion. Nigeria spends close to $1b monthly to service loans but humans like you don't see anything wrong with it. I can't help you

ZeemsPropeties:
Don't speak on what you don't understand. Learn to accept you don't have enough knowledge to speak on a subject matter.

Zone b you're poorly informed yet you're forming woke. Nigeria as a country spends almost a billion dollar just to service loans monthly but humans bereft of knowledge like you don't see anything wrong with that. I can't help

Tested

CodeTemplarr:
tossing four notes behind for your colleague to pick isnt stealing. Lol. Especially when everyone except the colleage gets asked about it. Lol.

You keep seeking my attention for a response. I responded earlier but the Nazis banned me. If I get banned again too bad.

But I will respond again. There are different types of stealing. Shortchanging people is stealing, taking bribes is stealing. Shortchanging your customers is stealing. Selling fake or expired products is stealing. Getting paid for something you didn’t do is stealing. Paying for something and getting something else is stealing. The average Nigerian in the course of his everyday life engages in some form of theft or another. That’s why Nigerians are such a stressful people to deal with.

He who can’t be faithful in the little cannot be faithful in the large.

In my experience, in the course of interaction with a Nigerian, 90% will steal from you. Therefore statistically when you encounter a Nigerian, you are encountering a thief. Again theft is not just about money. As a Nigerian the default mode is to assume you are about to be stolen from. I have lived in a few countries and encountered many nationalities. Nigerians are the only people with whom you can’t let your guard down with anybody. There are thieves elsewhere, but that experience where the default mode is trust no one only happens with NIgerians

The average Nigerian simply hasn’t access to steal like the politicians or govt officials they complain about.

A Nigerian is assumed a thief unreliable and of dubious character until he proves otherwise. Deep down you know this to be true. A Nigerian does not even know he is a thief because our society has institutionalized (for want of a better word) the behaviors of a thief and it is second nature, we don’t even know it is wrong!

The societies you japa to function because there is trust. There is a reason why online services in Nigeria are pay on delivery.



We call it being sharp, being streetwise, etc but it’s theft!

Mrfixitt:
Yet Tinubu is borrowing money all the time like craze man

Another Bitter person spotted. If I ask him to prove the money borrowed by Tinubu, he will not evidence. Get life and get a job

zinaunreal:
We go dey hear am we no dey ever see am. Wont be surprised of Tinubu swallowed everything. After all his daughter just bought a $2.4million home recently

She didn't just buy it. That news made round about 10years ago when she was 22.
Mischief makers just brought it up again because they know gullible people like you will believe it just happened.

Mrfixitt:
Yet Tinubu is borrowing money all the time like craze man

Don't be an illiterate.Go and learn what MTEF is all about.
Better still,go through Reno thread today to give yourself some knowledge that you can teach the headless mob.

Ofemannnu:
Don't be an illiterate.Go and learn what MTEF is all about.
Better still,go through Reno thread today to give yourself some knowledge that you can teach the headless mob.

Oh my!

Ofemannnu:
Don't be an illiterate.Go and learn what MTEF is all about.
Better still,go through Reno thread today to give yourself some knowledge that you can teach the headless mob.

Headless mobs like you need to be enlightened to know that it's dangerous for Nigeria as a country to spend about $900b to service their loans monthly.

Krankhead:
Another Bitter person spotted. If I ask him to prove the money borrowed by Tinubu, he will not evidence. Get life and get a job

You need to get a job and stop roaming the internet like a headless mob. Nigeria spends almost 1 billion dollar every month to service debts but naive and uninformed humans like you think it's okay. I can't help you

CodeTemplarr:
...and relooted via useless projects right? I laugh.

At least the project will be done in Nigeria…not abroad!!