Refineries Post Losses In 13 Months - Politics (2)

Refineries Post Losses In 13 Months - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Refineries Post Losses In 13 Months (7052 Views)

Re: Refineries Post Losses In 13 Months by chloride6: 8:43am On Jul 30, 2019

Probably depreciation expenses

Re: Refineries Post Losses In 13 Months by udoka2013: 8:50am On Jul 30, 2019

MrsNwaAmaikpe:

Imagine recording zero profits in a multi-million dollar investment.

Even iya Risikat whose capital for selling bread and beans is less than 2000 naira still makes returns on a daily basis.

Buhari and his appointees are simply hexagonal pegs in round holes.

gbam!you hit the point.

Re: Refineries Post Losses In 13 Months by solmusdesigns: 8:51am On Jul 30, 2019

executive12:
Don't blame civil servants. It's not about them. Government should not be involved in running of any commercial business, period. Those refineries should be sold asap to private operators.

This is what PDP re-programed you to, so as to loot and sell your asset... Qatar and Dubai all have Business entities same as Saudi Rwanda and germany.... Infact Governace was a type of business during our regional progressive period... North, Southwest and East provide seedling like groundnut, coaco and palm to farmer with fertilizers with sole promise of selling the produce strictly to goverment ministry of trade and cormerce which then sell it abroad at a huge price, there by giving goverment and the people enough money

But Obasanjo and Atiku with the help of civil servant would rather run our assets to ground so as to buy them cheaply

Re: Refineries Post Losses In 13 Months by pyyxxaro: 8:58am On Jul 30, 2019

Nigeria is a scam

I know about WRPC , the plant is quiet old and needs a lot of rehabilitation... But all they do there is give out contracts to their love ones, presently now , there are trailer load of scarps ferried out of the premises worth millions of Naira , these contracts are gotten straight from Abuja... The Contract staffs do basically all work there , no leave allowance, no medical care ( I mean no medical care at all) , no cooperative, no upfront ... The contract workers do more like 95% of the job there ( quote me anywhere) while the few staff stroll around , this is the height of slavery ... It’s better the refinery is sold ... People have worked there for 20years and have nothing to show for it, some people would say , why would someone stay that long , Nigeria is funny , people have applied and applied for jobs nothing ... imagine people with 2:1 , 2:2 earning 100k , no incentives nothing.... Many of the workers wish The Whites could take over because Black are too wicked ....

I really feel for my guys there , they are practically leaving below the line @WRPC

3 Likes

Re: Refineries Post Losses In 13 Months by Nobody: 9:13am On Jul 30, 2019

Well technically if they don't run at loss, There would have been fuel hike and scarcity by now as government would have stepped in with the subsidy approach causing another chaos. Only solution to this is "to be honest I don't know."

Re: Refineries Post Losses In 13 Months by anonimi: 9:25am On Jul 30, 2019

Justiceleague1:
Hardworking Buhari is working

www.nairaland.com/attachments/2186280_buhari2blaugh1_jpegc35d9ea4e30142f9302718e17f58f220

4 Likes 2 Shares

Re: Refineries Post Losses In 13 Months by anonimi: 9:28am On Jul 30, 2019

pyyxxaro:
Nigeria is a scam

I know about WRPC , the plant is quiet old and needs a lot of rehabilitation... But all they do there is give out contracts to their love ones, presently now , there are trailer load of scarps ferried out of the premises worth millions of Naira , these contracts are gotten straight from Abuja... The Contract staffs do basically all work there , no leave allowance, no medical care ( I mean no medical care at all) , no cooperative, no upfront ... The contract workers do more like 95% of the job there ( quote me anywhere) while the few staff stroll around , this is the height of slavery ... It’s better the refinery is sold ... People have worked there for 20years and have nothing to show for it, some people would say , why would someone stay that long , Nigeria is funny , people have applied and applied for jobs nothing ... imagine people with 2:1 , 2:2 earning 100k , no incentives nothing.... Many of the workers wish The Whites could take over because Black are too wicked ....

I really feel for my guys there , they are practically leaving below the line @WRPC

You never see anything. This is just the beginning for people looking like Lookman who is high on Lucozade as they drill him from hole behind.

www.nairaland.com/attachments/3929046_image_jpeg9f360c5ab7736510df54c882e9dbf188

2 Likes

Re: Refineries Post Losses In 13 Months by ejemamaka: 12:08pm On Jul 30, 2019

alright

https://www.youtube.com/watch?v=l8_qR2rCqjA&fbclid=IwAR2ro1-Q0GKQnJfzoSPdnTNGHs8r6hkP2eC14_txKAW6_re26kVR6u30l68
click and view

1 2 Reply

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