₦airaland Forum

Now that it has been established that it's a fraudulent deal by an unknown company with no history whatsoever what do you have to say?

helinues:
Let's wait for the bitter people of Nigeria to call this a propaganda as usual

Outthemudbyvoke:
Now that it has been established that it's a fraudulent deal by an unknown company with no history whatsoever what do you have to say?

Just say present sir

Why should the project be sited in the South South?

These are private projects that can be located anywhere. The SS already has three refineries that don't work, all the LNG plant in Bonny, and the Indorama petrochemical plant.

I thnk SS entrepreneur should buy Warri and P H refineries

dappydozzy:
Refineries ought to be sited in SS ? Who stipulated that? Industries are sited as a result of nearness to raw materials, efficient logistics and distribution. Remember this refinery is within Olokola free trade zone, same as Dangote refinery. They were designed to be export powerhouses not cesspool of corruption. Ondo state also large reserves of crude and Bitumen, as well as the proposed deep sea port. All these factors positions the state to host a refinery of this magnitude.

If Industries are suppose to be localed close to raw materials than all the Cobolt , copper and Lithium factories should be located i. DR Congo and not in Nigeria.

This is the list of the top oil refining countries. https://finance.yahoo.com/news/15-countries-largest-refining-capacity-005918383.html


The countries below have no oil or gas, yet they are a major refinery countries. To improve transportation, the location of industries close to raw materials has been replaced with the location of industries (refineries) close to a stable market, infrastructure (Roads, Rail, Ports), skilled labour, and political stability.

The refineries in the South West can source their crude oil from any nation in the world.

India, South Korea, Japan, Germany, Italy, Spain, and Singapore all import crude oil from oil-rich countries, refine it into refined oil, petrochemicals, and chemicals. Graphite etc

15. Singapore
Refining Capacity: 1.46 mb/d

Singapore is one of the world’s leading refining centers and has the world’s fifteenth largest refining capacity, as of 2021. It has the capacity to process 1.46 million barrels per day of crude oil, making it a major hub for the refining of oil.

Singapore is also home to a number of major petrochemical plants, which produce a range of products including ethylene, propylene, and aromatics. These products are then used to create a range of products including lubricants, resins, and chemicals.

13. Spain
Refining Capacity: 1.58 mb/d

Spain has one of the largest oil refining capacities in the world. In 2021, the country had a total refining capacity of 1.58 million barrels per day. The country has eight major oil refineries and had a refinery throughput of 1.14 million barrels per day in 2021.

12. Italy
Refining Capacity: 1.90 mb/d

Italy has one of the largest oil refining capacities in Europe. In 2021, the country had a total refining capacity of 1.90 million barrels per day. Italy also has significant capacity to produce a variety of fuels and petrochemical products, including gasoline, diesel, jet fuel, lubricants, and petrochemicals.



10. Germany
Refining Capacity: 2.12 mb/d

Germany is one of the largest refiners in the world. In 2021, the company had a total refining capacity of 2.12 million barrels of oil per day. In addition to its refining capacity, Germany also operates several petrochemical complexes, which produce a range of products including plastics, fertilizers, and fuels. Overall, Germany is an important player in the global refining industry, and its refining capacity is among the largest in the world.


6. Japan
Refining Capacity: 3.28 mb/d

Japan is the sixth-largest refiner in the world, as of 2021, with a total refining capacity of 3.28 million barrels per day. The country's refining sector is highly developed and contributes significantly to the economy. In recent years, Japan has been modernizing its refining sector in order to meet the changing needs of the global market. Japan is well-positioned to meet the demands of the global market and maintain its position as a major player in the refining sector.

5. South Korea
Refining Capacity: 3.57 mb/d

South Korea is one of the countries with the largest refining capacity. The country is home to some of the world‘s largest refineries, with a combined refining capacity of nearly 3.6 million barrels of oil per day, as of 2021. In addition to its refining capacity, South Korea is also a major producer of petrochemicals. The country produces a wide range of petrochemicals, from fuel oils to lubricants, and is home to several petrochemical companies.

4. India
Refining Capacity: 5.01 mb/d

India is the fourth largest oil refiner in the world, with a refining capacity of 5.01 million barrels per day, as of 2021. India is also one of the largest producers of oil in the world, and is actively working to increase its crude oil refining capacity. Overall, India‘s refining capacity is expected to continue to grow in the years to come.

Sensiblerealist:
God can't heal Nigeria Bro.
We have to hold our leaders accountable.
Countries wey Noor dey worship our God dey thrive.
#Food for thought

Another food for thought, good people don’t create bad leaders, it’s impossible.

Nigeria is not blessed with good citizens too.

The politicians should gather together and point fingers at the bad citizenry and their disorderly lawless conduct. They should also ask the masses for accountability. It is a 2 way street.

What do you think?

Max24:
Go and talk to people around Dangote refinery Ibeju Lekki and go and find out if Landlords don't have their income from rent doubled. Businesses springing up. Ondo people here too will benefit same. Tinubu attracting investment is more money. Only the lazy ones will keep wailing about lost subsidy. Are opportunities not being created for you? Unless you are a lazy youth.

^^^
The numbers don't lie.

BAT isn't doing well at all.

Even hardened, chronic BAT supporters are a lot more measured in their hagiography now. They studiously now avoid those empty, fawning slogans that were so popular among you in the first few weeks of the administration. Reality has dawned on them but you are clearly taking way too much time to get the memo.

BAT is failing, full stop. He hasn't been able to get a grip on the security issues. He hasn't been able to control inflation - a lingering problem he made much, much worse with his rash policy decisions. The economy is struggling. There is mass misery.

But as you claim: it will favour you and your family.

Fujiyama:
^^^
The numbers don't lie.

BAT isn't doing well at all.

Even hardened, chronic BAT supporters are a lot more measured in their hagiography now. They studiously now avoid those empty, fawning slogans that were so popular among you in the first few weeks of the administration. Reality has dawned on them but you are clearly taking way too much time to get the memo.

BAT is failing, full stop. He hasn't been able to get a grip on the security issues. He hasn't been able to control inflation - a lingering problem he made much, much worse with his rash policy decisions. The economy is struggling. There is mass misery.

But as you claim: it will favour you and your family.

Keep whining yourself. I am already a beneficiary of Tinubus regime without being a member of APC. Some of his policies has already open doors for me. There are things I couldn't do under Buhari that I can do now. Speak for yourself. Unless you don't know how to recognize opportunities. Obi would have been worse that Buhari.

Max24:
I am already a beneficiary of Tinubus regime without being a member of APC. Some of his policies has already open doors for me. There are things I couldn't do under Buhari that I can do now.

^^^
Its great that its all coming together for you under the Tinubu administration. Long may it continue. But the purpose of leadership is the greatest good for the greatest number of people. Not the good of a select few. That's the point you all need to understand.

You cannot deny the truth of what I said earlier because indeed, the numbers don't lie. The Tinubu administration has come to be defined by one thing: mass immiseration. The numbers don't lie!

Max24:
Obi would have been worse that Buhari.

^^^
BAT's failure is is brought into bold relief whenever this sort of puerile, lazy excuse for non-performance is put forward. Buhari is dead and Obi is a regular Nigerian who has no executive power to do anything in this country today. What do these two have to do with how BAT is performing? See what I mean when I say you still haven't got the memo?

Fujiyama:
^^^
Its great that its all coming together for you under the Tinubu administration. Long may it continue. But the purpose of leadership is the greatest good for the greatest number of people. Not the good of a select few. That's the point you all need to understand.

You cannot deny the truth of what I said earlier because indeed, the numbers don't lie. The Tinubu administration has come to be defined by one thing: mass immiseration. The numbers don't lie!




^^^
BAT's failure is is brought into bold relief whenever this sort of puerile, lazy excuse for non-performance is put forward. Buhari is dead and Obi is a regular Nigerian who has no executive power to do anything in this country today. What do these two have to do with how BAT is performing? See what I mean when I say you still haven't got the memo?

Have you researched how other struggling nations overtook others in development? Go and research China that is trying to compete with America today. You think it was easy? Sacrifices were made. China that is donating to African countries today didn't start like that many years ago. They made sacrifices for today's future. So, Nigerias case is no different. Only a madman keep doing something the same way since independence and expects a different result. Tinubu is on the right path. No pain, no gain!

Seams you are one of the scammers. Aside from Nnamani, a known failed politician, all the other promoters are nonentities and people that have zero net worth.

Point us to the track record of a single member of the consortium.

Fraudsters seeking to capture Ondo State House.

Lamba

Bluntemperor:
You need to Use Your Head Before Talking,you know.
This Is Not Your gaulible talk,where you think you Fool' anybody,this is a Real Deal 🤝
I didn't know why Some of you Didn't like Anything Good- to be said About Nigeria!
Indeed,it's in your Blood to always think Negatively!