₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,417 members, 8,421,858 topics. Date: Sunday, 07 June 2026 at 08:18 AM

Toggle theme

Saudi Arabia To Build Refinery In Nigeria - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsSaudi Arabia To Build Refinery In Nigeria (34865 Views)

1 2 3 4 5 6 7 Reply (Go Down)

Saudi Arabia To Build Refinery In Nigeria by ManirBK(op): 10:03am On Apr 25, 2019
Saudi Arabia has hinted on the possibility of establishing a refinery in Nigeria.

Minister of Energy Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al Falih dropped the hint during a meeting with Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu in Riyadh.

Kachikwu who affirmed the Saudi oil minister’s position said Nigeria was looking towards Saudi Arabia because of the country’s successes in the sector.
“We want to leverage on the huge success of Saudi government in terms of petroleum. Last year alone Saudi Aramco, an equivalent of NNPC made about $200 billion as profit.

“We have a lot of common ground, historical ties, and religious ties and there’s a need to move further. We cooperate a lot with one another in OPEC especially in the Ministry of Energy,” Kachikwu said.

He said Nigeria is already setting up a team to make the reasons for the visit a reality.

A statement from Nigeria’s oil ministry, Kachikwu had on Tuesday met with top executives of Saudi Aramco in Dhahran to crystallize ongoing discussions on collaborating with the Federal Government of Nigeria on investments in the oil and gas sector.

The minister was received by the President and Chief Executive Officer of Saudi Aramco, Amin H. Nasser and the top management of the conglomerate.

https://www.dailytrust.com.ng/saudi-arabia-to-build-refinery-in-nigeria.html?
Re: Saudi Arabia To Build Refinery In Nigeria by ManirBK(op): 10:04am On Apr 25, 2019
GOOD DEVELOPMENT SAI NEXT LEVEL
Re: Saudi Arabia To Build Refinery In Nigeria by bigpicture001: 10:37am On Apr 25, 2019
We dont need it....we cn do much with dangote and thretthree other refineries.....

Say no to " capital flight"
Re: Saudi Arabia To Build Refinery In Nigeria by Turantula(m): 11:08am On Apr 25, 2019
This terrorist government looking for ways to import terrorism into the country. Of all country to build refinery for you you chose the world's capital of terrorism.
Buhari is a terrorist Sha!
Re: Saudi Arabia To Build Refinery In Nigeria by Sagamaje(m):
Buhari have started again o. What is Saudi looking for here now

Re: Saudi Arabia To Build Refinery In Nigeria by Nobody:
And here they are again to dominate a vital market again and repatriate proceeds to their countries.

Shopping - South Africa, lebanese
Real estate - chagouri brothers
Telecoms - South Africa, middle east, Indians
Automobile - Chinese, German, American
Clothing - Italian, Chinese, Turkey, dubai
Airport - Chinese
Rail - Chinese
Crude oil - American

Now refinery - Saudi Arabia is coming...

WHO CURSED YOU NIGERIA.

Re: Saudi Arabia To Build Refinery In Nigeria by Xisnin(m): 11:46am On Apr 25, 2019
Wherever Saudi money flows, international terrorism follows.
Kachikwu should not add to our problem.
Re: Saudi Arabia To Build Refinery In Nigeria by Nobody: 12:14pm On Apr 25, 2019
Esseite:
And here they are again to dominate a vital market again and repatriate proceeds to their countries.

Shopping - South Africa, lebanese
Real estate - chagouri brothers
Telecoms - South Africa, middle east, Indians
Automobile - Chinese, German, American
Clothing - Italian
Airport - Chinese
Rail - Chinese
Crude oil - American

Now refinery - Saudi Arabia is coming...

WHO CURSED YOU NIGERIA.
We are not building the refinery because we Nigerians, when it comes to economics, it is all about selling raw materials and oil, sharing the money, and importing ready made stuff.

Made easier by the fact that we are 'rich in abundant natural resources'

One reason why I don't like politics in Nigeria is because Nigerians always talk about sharing money, never about how to use the resources we have to make things that we can export.

Another thing...we spend billions on subsides for power and oil...meaning that oil companies, and power companies cannot make much of a profit to invest in better equipment. No power, no industries.
Re: Saudi Arabia To Build Refinery In Nigeria by AroleOduduwa2: 12:17pm On Apr 25, 2019
It is what it is, everyone can now see the agenda the apc led administration has
Re: Saudi Arabia To Build Refinery In Nigeria by Andhominem: 1:09pm On Apr 25, 2019
Good news... smiley
Re: Saudi Arabia To Build Refinery In Nigeria by passyhansome(m): 1:09pm On Apr 25, 2019
TELL ME IT'S NOT TRUE, ARE YOU TELLING ME NIGERIA CAN'T AFFORD $300Million to build a standard refinery, The country has failed this generation once again, shame to all incompetent leaders that have, has and will pilot the affairs of this nation
Re: Saudi Arabia To Build Refinery In Nigeria by NaijaOlosho(f): 1:10pm On Apr 25, 2019
No way huh
Re: Saudi Arabia To Build Refinery In Nigeria by TheAngry1: 1:10pm On Apr 25, 2019
ok
Re: Saudi Arabia To Build Refinery In Nigeria by Nobody: 1:10pm On Apr 25, 2019
Saudi Arabia...


There are more important issues than this affecting the Ummah/Muslims and the world...

Please, deal with that first..


And besides, you may not be wanted here... Many have started linking this development to initiating terrorism in the land


To do such a project on a land where you are not wanted may become a failure in the end.. I hope the Saudi government can see this...
Re: Saudi Arabia To Build Refinery In Nigeria by AutoReportNG: 1:10pm On Apr 25, 2019
Let's wait and see how this will play out... Remember Dangote is building his own too in Lagos
Re: Saudi Arabia To Build Refinery In Nigeria by BlackfireX: 1:10pm On Apr 25, 2019
Chai....


Nigeria is gone....
Re: Saudi Arabia To Build Refinery In Nigeria by Nobody: 1:10pm On Apr 25, 2019
Esseite:
WHO CURSED YOU NIGERIA.
Your forefathers
Re: Saudi Arabia To Build Refinery In Nigeria by iammo(m):
cool


Buhari's globethroting yeilding positive results. I hope lulu hypermarkets comes in also to show Shoprite how things are done, and Islamic Banks that charges nothing for most transactions, and give intrest free loan, as oppose the criminal 28% our bank charges comes too.

Its time to show this greedy terrorist screaming Dunce how business is done without greed around GCC countries, that makes all of them rich and morally upright.

The same Dunce screaming terrorism would travel to muslim majority countries like Malaysia, UAE, Qatar and Kuwait, only to become cultist, drug dealers and Bank robbers.

SouthWest is open for business and we shall give out free lands, any country or religion is welcomed, wether its Catholic and Vatican, Isreali and Jews or The Saudi and muslims, who ever wants to invest is free, as we dont descriminate.






.
Re: Saudi Arabia To Build Refinery In Nigeria by kaen1317: 1:11pm On Apr 25, 2019
dangote to build refinery, Saudi arabia to build refinery. where is Nigerian government refinery?
Re: Saudi Arabia To Build Refinery In Nigeria by Bolustical: 1:11pm On Apr 25, 2019
Dear Saudi Arabia,

Lagos, Ogun, Ondo states are open for you to build it.

We assure you that neither your installations will be vandalised nor your workers kidnapped.

Moreover, we also have the seaports to berth your equipment and also ship your finished products.

We are open for business.

Thanks.

Concerned Omoluabi
Re: Saudi Arabia To Build Refinery In Nigeria by wakes: 1:11pm On Apr 25, 2019
ok
Re: Saudi Arabia To Build Refinery In Nigeria by THUNDER4real(m): 1:11pm On Apr 25, 2019
Bad News..
Re: Saudi Arabia To Build Refinery In Nigeria by Bolustical: 1:11pm On Apr 25, 2019
sukerefakere:
grin
Neo colonialism.

I can't bet my two balls that this refinery will be built in the northern part of Nigeria.



Well, I'm leaving Nigeria June 22nd
You two balls are worthless then grin
Re: Saudi Arabia To Build Refinery In Nigeria by yjgm(m): 1:11pm On Apr 25, 2019
It's a welcome development. FDI coming to Nigeria. This is what we have been yearning for
Re: Saudi Arabia To Build Refinery In Nigeria by Nobody: 1:11pm On Apr 25, 2019
azraeljaheel:
Your forefathers
He made a good point, and you ridicule him?

Come on, respond with your counterpoint!
Re: Saudi Arabia To Build Refinery In Nigeria by 3rdavefarms(m): 1:11pm On Apr 25, 2019
We don’t want
Re: Saudi Arabia To Build Refinery In Nigeria by Nobody: 1:12pm On Apr 25, 2019
i just hope they won't behead our workers
Re: Saudi Arabia To Build Refinery In Nigeria by sukerefakere(m): 1:12pm On Apr 25, 2019
grin
Neo colonialism.

I can't bet my two balls that this refinery will be built in the northern part of Nigeria.



Well, I'm leaving Nigeria June 22nd

This present administration is really bereft of ideas, by the time this refinery is completed this guys will probably be out of office enjoying thier enormous Kickbacks.

June 22 loading

Over and out
Re: Saudi Arabia To Build Refinery In Nigeria by Banter1(m): 1:12pm On Apr 25, 2019
Turantula:
This terrorist government looking for ways to import terrorism into the country. Of all country to build refinery for you you chose the world's capital of terrorism.
Buhari is a terrorist Sha!
hahahaha lwkm
Re: Saudi Arabia To Build Refinery In Nigeria by hadjipapiey(m): 1:12pm On Apr 25, 2019
Said baba grin
1 2 3 4 5 6 7 Reply

Pictures Of Coconut Oil Refinery in Akwa IbomFalana: It Is A Shame Dangote Could Build Refinery But FG Couldn'tInnoson: Dangote Cannot Build Refinery Without Assurance Of Oil Well From Govt234

Ex-Convict, Oluwatobi Ajayi, Bags Fresh 28-Year Jail Term For Cyber FraudAbdullahi Umar-ganduje Gives 15 Cars To Security Agencies In Kano State (photos)Expected Petrol Pump Price Drops To N114.53 Per Litre