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Nairaland Forum / Nairaland / General / Politics / It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu (36189 Views)
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Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Nobody: 12:48am On Mar 15, 2016 |
Where are the stupid wailing wailers? I thought your lord and saviour fixed these refineries, why are they not working? |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Nobody: 12:49am On Mar 15, 2016 |
Jimi23: Can't you read? |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by tit(f): 1:01am On Mar 15, 2016 |
1 Like |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by pennyland(m): 1:04am On Mar 15, 2016 |
APC campaign if elected promise to stop importing fuel,dollar to #1,24power supply,#5ok for Coper's, #5k for unemployed monthly,free healthcare for young and an old people,fuel #40 per lter,our youth's will get job,free education, free food,road construction,stop book haram in 3month,this are few among the the promised made by APC,and I voted for u APC,but what I can always see today is different,is like naija people don inter one chance,May God deliver Nigeria frm GOOD TO BAD 1 Like 1 Share |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Unemadu: 1:09am On Mar 15, 2016 |
haibe: we want petrol but cant build refineries. those countries build refineries by themselves. They dont wait for black man to do it for them |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by repogirl(f): 1:13am On Mar 15, 2016 |
These APC people no go kill me wit laff sha......and the funniest part is that the zombies are still believing they have something awesome to offer anyone when the writing is clear on the wall that YOU HAVE BEEN SCAMMED! #saichains 1 Like |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by ChoCandyDiamond(f): 1:17am On Mar 15, 2016 |
It is unfortunate that Apc government like to play politics with everything, I pity those dancing for this fraud, Nigeria and Africa as a whole is import dependent, you cant build a country by chasing shadows as APC government is doing, Industrialization of country cant happen when a country is divided along ethnic lines and hatred for one another, 90% of product used in Nigeria will remain imported for the next 50 years in Nigeria, The world have few export dependent countries like Germany, US, China and Japan. For a country to grow, you must allow market forces to determine your currency value at the market, the current fixing of naira against dollar will back fire, NIGERIANS is already filling the pinch, high inflation, poverty, lack of proper health facilities, Africa must import Agricultural Tools, Industrial machineries, Drugs, Hospital equipment,machine and motor parts, industrial chemicals, Office materials, Kitchen intensils, Electronics, Building machineries,electrical appliances etc. Even Uk depend on Germany for supply of all this, you cant become self productive overnight, Africa, South America, most part of Asia, Some parts North America dont have the technology and you cant get the technology based on APC propaganda 2 Likes |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by seangy4konji: 1:19am On Mar 15, 2016 |
You are a mad man sir. Am sorry to say sir. Your family should be ashamed of you. 1 Like |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Jimi23(m): 1:22am On Mar 15, 2016 |
daretodiffer: Ask me again. |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Jimi23(m): 1:30am On Mar 15, 2016 |
daretodiffer: Or better still go ask Kachiku who claims Nigeria will no longer have to import fuel in 18 months that dumb question. |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Genius100: 1:35am On Mar 15, 2016 |
oduastates: Actually Obasanjo did not sell the refinery for scrap. He sold 51% of it for around $250 million dollars with the government still retaining a 49% stake. Silly daft Nigerians screamed blue murder and called on Yar'adua to reverse it. Now, I doubt if we can find anyone to buy the entire thing for $10 million 1 Like |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Nobody: 1:46am On Mar 15, 2016 |
"Addressing newsmen in Abuja, Kachikwu disclosed that until the upgrade and total refurbishment of the refineries are concluded, as well as ensuring that the pipelines are fixed, it would be uneconomic and very expensive to refine PMS locally." Why are people attacking him? He is consistent in his utterances.....Once the refineries are fixed/refurbished then it will make sense to refine crude locally in terms of cost! So what exactly is wrong with this statement? You wailers have no common sense! 6 Likes |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by linearity: 1:47am On Mar 15, 2016 |
The irony is, this is the same government that is banning the importation of certain materials and denying Forex to others, in the name of forcing those manufacturers to source these item locally. The resultant effect is, since these materials are not readily available cost have gone up. If the government cannot abide by it's own policies but instead decide to import PMS, what moral justification do they have to burden the masses with high prices? 1 Like |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Nobody: 1:50am On Mar 15, 2016 |
SycophanticGoat: Bros your head dey there. correct guy. arrange small chops with plenty shacks andsome chickitos....I like the way U think
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Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by quickly: 2:06am On Mar 15, 2016 |
If those countries dey want to import from didn't build refineries. How will dey sell to us. Once we have functioning refinery even usa, Saudi will buy from us. All we need are patriotic Nigerians that don't care about money in govt 1 Like |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by adconline(m): 2:13am On Mar 15, 2016 |
He's already telling us that he can't fix the refinery, therefore importation continues.. Also, can u stop give them Forex $£€ at CBN rate? Let them to the black market 1 Like |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by cardoso1111: 3:51am On Mar 15, 2016 |
So shameful to hear this from a change minister! Why not shut down our refineries then and go full importing for ever |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by bigfather(m): 4:08am On Mar 15, 2016 |
ChoCandyDiamond: Even the oil rich Saudi Arabia imports most of their edibles and yet my own NAIJA wants to start producing locally of a sudden. I told them its a gradual process,but dem nor go gree ! Now look at where we are now ? Back to square one ! God help us ! 1 Like |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by bigfather(m): 4:11am On Mar 15, 2016 |
quickly:[b][/b] And where will those one comne from ? Who will spare his hard earned to come and invest in dis unstable economy where d Dollar is raping my Naira everyday ? |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by bigfather(m): 4:12am On Mar 15, 2016 |
linearity: Ask me o my broda ! |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by badonkadonk: 4:38am On Mar 15, 2016 |
With the rate at which APC is failing and falling... They would soon discover the devils lair... |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by henryhemon(m): 5:21am On Mar 15, 2016 |
obasiken: Will you shut up? Are you in the industry? Shut your butt up. Someone that's being realistic and you here looking for chaP popularity. Do you know how a product is refined. You need to be flogged. 1 Like |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by billyG(m): 5:23am On Mar 15, 2016 |
All kun3s including USA shld import pms since it is cheaper,it is cheaper 2 sell crude & import pms only~Mr Ibe kachukwu |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by eromspete(m): 5:26am On Mar 15, 2016 |
This is where DANGOTE comes in... That man knows that Nigerian state owned Refineries will never produce efficiently. More money to be made people! |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Memejem: 5:39am On Mar 15, 2016 |
That's called transparency. Instead of lying to the masses you explain the situation at hand and why things are happening the way they are. So the public can understand. From here the brainstorming of ideas for improvement occurs. That's how all devolved countries operate. He's not a pessimist for speaking the truth. So the layman can understand why this country isn't going anywhere anytime soon. obasiken: |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by opribo(m): 5:42am On Mar 15, 2016 |
This man is a joker he does not have the answer to our petroleum industry. At best he is learning on the job. We need right now a man who is conversant with the oil terrain industry. some one who understand the inside workings of the sector in short someone who will make a statement and the industry will instantly fell the impact positively. Not a rabble rousee of a man. |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by tunde1200(m): 5:56am On Mar 15, 2016 |
luvinhubby:Last administration is worst compared to the present one. |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by tunde1200(m): 5:58am On Mar 15, 2016 |
Memejem: |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by obasiken: 6:03am On Mar 15, 2016 |
Memejem: He shud swallow his pride and go and ask dezanni how she was able to stop fuel scarcity for 4 years. Even the FBI sometimes consult thieves to strenghten their security same with CIA and hackers. |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by babestella: 6:04am On Mar 15, 2016 |
They came dancing, promising to revive the 4 refineries, asking why we GEJ sold the refineries, now what you have is dumb statements coming from a confused set of bats in power. |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by Krismart(m): 6:08am On Mar 15, 2016 |
Saying what Buhari asked him to say |
Re: It’s Cheaper To Import Petrol Than Refine Locally — Kachikwu by babestella: 6:09am On Mar 15, 2016 |
Memejem: That wasn't what they said during election campaigns, they made Nigerians believe that our 4 refineries with total production cap of under 8 million liter could feed Nigeria fuel demand, pls don't come here to fool Nigerians with transparency crap, what Nigerians need is delivery and performance. 1 Like |
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