Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries (1179 Views)
| Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by ovieigho(op): 10:12pm On Apr 11, 2016 |
Nigeria's state-run oil firm NNPC and China
State Construction Engineering Corporation
(CSCEC) have signed a $23bn (£16bn; 18bn
euros) deal.
The two will jointly seek financing and credits
from Chinese authorities and banks to build
three refineries and a fuel complex in Nigeria.
The project would add 750,000 barrels per day
of extra refining capacity.
NNPC hopes the construction of new refineries
will stem the flood of imported refined
products into Nigeria.
'Deepen relationships'
Nigeria is the world's 12th-largest oil producer
and the eighth-largest oil exporter.
But the country imports roughly 85% of its
fuel needs because of the disrepair and
mismanagement of its four state-owned
refineries.
"We are about to deepen the existing technical
and commercial relationships between China
and Nigeria through the signing of a
memorandum of understanding," said Shehu
Ladan, head of NNPC.
The three refineries will be built in Bayelsa,
Kogi and Lagos states, while a location has to
be confirmed for the petrochemicals complex.
The Nigerian government has said that foreign
companies must invest in developing Nigeria's
infrastructure and economy first, before they
can benefit from its oil and gas exports. http://www.bbc.com/news/10116945?SThisFB%3FSThisFB%3FSThisFB |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by abduljabbar4(m): 10:18pm On Apr 11, 2016 |
Wailers come and commend una ineffectual buffon. He secretly advised buhari to go to China |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by Adebaba1(m): 10:21pm On Apr 11, 2016 |
Good news |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by Cholls(m): 10:21pm On Apr 11, 2016 |
 2 Likes
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| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by mayorkyzo: 10:22pm On Apr 11, 2016 |
Wow good news I must say...let's wait and see it come to fruition.. |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by grandstar(m): 10:25pm On Apr 11, 2016 |
Similar agreement was sign years ago and ziltch came out of it! 1 Like |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by urboy1: 10:27pm On Apr 11, 2016 |
Guy try look date small 2 Likes
|
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by SageTravels: 10:28pm On Apr 11, 2016 |
lolz. so many people will comment without reading lolzz. |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by ckmayoca: 10:30pm On Apr 11, 2016 |
It is well. |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by fotadmowmend(m): 10:31pm On Apr 11, 2016 |
Na today ?? who dem EPP ? |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by senior123: 10:47pm On Apr 11, 2016 |
oh chinease slaves loading ......... |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by Emekamex(m): 10:51pm On Apr 11, 2016 |
Before zombies masturbate on this, this is a 2010 agreement which goes to show that China that PMB is running to isn't a reliable partner as they didn't meet up with their agreement.
|
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by Frankiss44(m): 10:55pm On Apr 11, 2016 |
Old news... |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by luvinhubby(m): 10:56pm On Apr 11, 2016 |
abduljabbar4:They are still scamming you with this news since 2010 |
| Re: Goodnews: Nigeria And China Sign $23bn Deal For Three Refineries by staymore: 11:20pm On Apr 11, 2016 |
urboy1:Choi! |
NNPC To Shut Down Three Refineries For Comprehensive Rehabilitation • Nigeria And China Sign $23bn Deal For Three Refinaries In Kogi,lagos & Bayelsa. • Nigeria And China Sign $23bn Deal For Three Refineries • 2 • 3 • 4
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