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Seun: We have four refineries, and none is producing anything… What explanation is this government able to give Nigerians? Minister Lokpobiri: The last brief I got from the GCEO [Bayo Ojulari] is that it's very unfortunate that the Port Harcourt refinery, Warri refinery, and Kaduna refinery are not producing...

213,055 просмотров • 21 дней назад •via X (Twitter)

Комментарии: 5

Фото профиля IBRAHIM
IBRAHIM21 дней назад

Just imagine. Billions of dollars have been pumped into those dead refinaries just for some irresponsible individuals to loot it. If Nigerian refinaries have not been working for decades, why are those employed still there?

Фото профиля Classy Bernard
Classy Bernard21 дней назад

E no go ever beta for you and family and your fellow criminals for ever

Фото профиля UbamaraChukwu
UbamaraChukwu21 дней назад

When APC took over in 2015, how many refineries were working? Judge for yourself.

Фото профиля CEO
CEO21 дней назад

A joke, I guess

Фото профиля ARÓMÍSÀ LÈGBẸ̀ LÈGBẸ̀
ARÓMÍSÀ LÈGBẸ̀ LÈGBẸ̀21 дней назад

Criminals

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Dangote Refinery is trending because, Aliko Dangote's refinery has started selling Petrol to the public. But, NNPC will be the exclusive buyers. - Monopoly achieved ? The Vice President of Dangote Refinery hinted that should any sabotage arise, and no one buys from them, they will not hesitate to export out of Nigeria, just how they export their diesel and jet fuel. This is was yesterday, when the refinery was yet to reach an agreement with NNPCL. But, now NNPC have reached an agreement with Dangote to supply him crude in Naira. And this month the refinery will supply them 25million litres of fuel, and 30million next month. The refinery is expected to produce 650k barrels per day. But NNPC failed to provide them enough crude oil, which resulted to the delay in commencement of their operation. NNPC being exclusive buyers means that, they will reach an agreement with Dangote prompting them to only purchase PMS from Dangote for an agreed period of time. And, understanding that NNPC is in serious international debt with no international supplier willing to supply them Petrol. - One can arguably say that Dangote has gotten what he wanted, and is on course to secure Oil Monopoly. Recall that in July NNPC accused Dangote of seeking oil monopoly with poor fuel quality. Which frustrated him to to opt out of building a steel plant and suggesting that Dangote Refinery was up for sale. This morning Aliko Dangote used the opportunity to show Nigerians that the real color of quality fuel is "colorless", like water. And he assured Nigerians that, this is what they will be getting from his refinery, unlike the bad product that has been circulating the country for nearly three decades. Assuring Nigerians that their vechicles will last longer, and the environment will be safer. Dangote refinery will be the first refinery to work in Nigeria since 1996. Yet, Nigerians are saying it's not enough. That to properly combat the now natural fuel shortage, FG should allow independent suppliers to give NNPC competition.

Trending Explained

143,829 просмотров • 2 лет назад

SEYI MAKINDE RAISED THE SAME MATTER THAT I HAVE BEEN PLEADING WITH THE FGN TO EXECUTE SINCE 2023 SUBSIDISED PRODUCTION PRICING MODEL.THE SAME MODEL ADOPTED BY SAUDI ARABIA THE NNPC LTD AND DANGOTE REFINERIES ARE CURRENTLY FLEECING NIGERIANS THROUGH THEIR OBNOXIOUS ROCKET AND FEATHER PMS PRICE ADJUSTMENTS MECHANISM.. NMDPRA IS TIED UP BY THE CRIMINAL INSERTIONS IN THE PIB , THUS, HINDERED TO DO ANYTHING TO STOP THIS FLEECING.... I WISH TO SHARE MY CREATIVE SOLUTIONS AGAIN👇 I wrote the article below on July 2, 2023. I MODIFIED IT AGAIN IN 2024 AND MARCH 9, 2026... TODAY, SEPTEMBER 5, 2026, I AM sharing it again for the benefits of those, who honestly desire to see Nigeria fixed ...PROVERB 25:5 IS THE LOT OF NIGERIA TODAY.... All over the sane world, what is subsidised is production and not consumption... 💢TRANSPARENTLY SUBSIDISING DOMESTIC CRUDE OIL REFINING AND WHITE PETROLEUM PRODUCTS PRODUCTION IN NIGERIA ... ✍️The greatest impediment to creativity, production and support of honest entrepreneurship in Nigeria is the massive public sector corruption.... ✍️Nigeria has three refinery complex with combined refining capacity of 445,000 barrels a day that is dormant and refining nothing... ✍️The refineries are: 1. The Port Harcourt refinery comprises two units – the old plant 60,000bpd and the new plant (150,000bpd): 2. The Warri refinery has a capacity of 125,000bpd 3. The Kaduna Refinery with a 110,000 barrels per day refining capacity... ✍️Between 1993 to 2025, Nigeria has wasted over $17billion to $25billion on failed Turn Around Maintenance Programs on those three refinery complex with no success in sight . ✍️ These are brand new three refineries, that were built over a combined period, that spanned 24 years [ 1962 to 1986], between 3 Heads of State [ Gowon, Obasanjo and Babaginda] ✍️Kindly recollect that in March 2021, the Federal Executive Council approved $1.5 billion for the rehabilitation of the Port Harcourt refinery. The Federal Government said the rehabilitation contract was awarded to Tecnimont SPA, an Italian company, and the refinery would be rehabilitated in about 44 months. ✍️In August 2021, FEC approved $1.48 billion for the rehabilitation of the Warri and Kaduna refineries. $897 million would be spent to repair the Warri refinery, while the Kaduna refinery will gulp $586 million. ✍️The contracts were awarded to Messers Saipem SPA and Saipem Contracting Limited and the refineries will be rehabilitated in three phases of 21, 23 and 33 months respectively. ✍️kindly note that Melee Kyari and co, just like I predicted in 2021/22,wasted and misappropriated the whole $3billion without the Refineries working ✍️In 2026. President Tinubu rather than take the creative and more pragmatic steps of unbundling and Restructuring the ownership, operation and management the NNPC, so as to enable it run like the PETROBRAS AND NLNG, has once again like Buhari, caved in to the wrong counsels of these guys , who leech on our common patrimony, by approving another NNPC waste jamboree of $2.5billion with the Chinese. Any revamp works with NNPC still under the existing public sector corruption chokehold will never work . ✍️To build a brand new 160,000 barrels per day [8million/tons per annum] capacity refineries w equipped with catalytic cracking, vis-breaking, and gasoline units to yield upto 55% of gasoline from a barrel of crude processed with cost about $6billion ... ✍️Kindly note that out of this projected N6billion cost outlay, the very high proportion of “offsites” (production of utilities, storage, receiving and shipping facilities), represents almost 50% of the cost of such refinery..[ these facilties already exist in the existing refineries in Warri and Portharcourt ✍️Without sentiments, the Kaduna Refinery which is located far away from heavy crude supplies and looking at modern refinery technology in place today is way obsolete, unprofitable and should be scrapped

OBIARAERI, Nnaemeka Onyeka.

261,504 просмотров • 1 месяц назад

SEEING IS BELIEVING- PH REFINERY Today, I was opportune to visit Port Harcourt Refinery to have firsthand experience on the operations of the refinery which commenced operation last month after about 3 years of intensive rehabilitation exercise. 1. The Refinery is a subsidiary of the Nigerian National Petroleum Company Limited, NNPC Limited and is located in Alesa-Eleme, few miles from Port Harcourt, Rivers State. The petrochemical complex consists of 2 different refineries, the Old PH Refinery, commissioned in 1965 with a nameplate capacity of 60,000 barrels per stream day (bpsd) and the New PH Refinery, commissioned in 1989 with a nameplate capacity of 150,000 bpsd bringing the combined capacity to 210,000 bpsd. 2. After years of underperformance due to operational challenges and inadequate maintenance, NNPCL, under the able leadership of the GCEO, Mele Kyari, Mele Kyari, OFR, initiated a comprehensive rehabilitation of the refineries in 2021. This effort resulted in the successful restart of the 60,000-bpsd hydroskimming refinery on November 22nd, 2024. As of November 26, 2024, the refinery was operating at 70% of its nameplate capacity, producing premium motor spirit (PMS), automotive gas oil (AGO), household kerosene (HHK), low-pour fuel oil and liquefied petroleum gas (LPG). 3. We were taken round the entire facility and I was excited about this particular rehabilitation project because almost all the pumps, instruments, valves, cables, flow meters, pipes, control equipment, tubes and cases have been completely replaced making almost brand new facility unlike ordinary rehabilitation projects where just few things are replaced. 4. The refinery currently produces the following daily outputs: PMS- 1.4m liters Kerosene: 900,000 liters AGO or Diesel-1.5m liters Low Pour Fuel Oil (LPFO): 2.1m liters Loading was ongoing with about 5 of the loading gantries actively loading due to the upcoming holiday. 5. We also seized the opportunity to go round and see the ongoing rehabilitation of the New Refinery (150,000 bpsd) which is about to be completed with more than 90% of the major work completed. 6. The revival of this refinery is one of the best things that happened to Nigerians because it has brought about competition in the market which impacted significantly on the price. The price today is N935/L nationwide for Dangote Refinery product and even N925 in some cases for NNPCL product. This is a direct benefit to hardworking Nigerians who are only interested in powering their activities with scarce resources. 7. History will be kind to Buhari who initiated the project, President Bola Tinubu who ensured continuity and completion and also the NNPCL under the able leadership of Mele Kyari for their huge contribution to energy security and nation building. 8. Thanks to the team of Engineers onsite for the warm reception and education. 9. God bless Nigeria 🇳🇬

MS Ingawa

164,444 просмотров • 1 год назад

NNPC is trending because Aliko Dangote has openly told them to STOP importing fuel. Today, after a meeting with Pres. Tinubu, Dangote hinted that fuel is scarce in some parts of Nigeria, but if marketers patronize him, the scarcity will disappear. Because they have half a billion litres of fuel just sitting idle at the factory. Dangote called on, NNPCL, marketers to stop importing. When his refinery is producing more than enough to supply the entire country. Dr. Aliko Dangote said the refinery can produce up to 30M litres daily, if only NNPC can supply him enough crude oil, and even if the country needs 55M per day, his refinery is up to the task. Adding that they have 500M litres in their tank waiting to be lifted. But marketers won't patronize them, and he can't do anything about the scarcity because he is not a retailer. That, he doesn't understand why they prefer to import and distribute products that he already has in excess at his factory, when they can just simply distribute from his factory. Nigerians are of two opinions; some believe he is not being transparent with NNPC and Nigerians, that's why they are not buying from him. While other analysts think it's all a conspiracy to force him out of business, and Malta has fingers in it. Ultimately, Nigerians don't think there is fuel scarcity. Instead, the inability of people to afford it. ICYMI: Dangote dragged NNPC and NMDPRA to court and slammed them ₦100bn in damages for permitting companies to import petrol into the country, when his refinery is producing more than required. Which therefore violates Sections 317(8) and (9) of the 2021 PIA. Which states that ; Section 317 (8) The Authority may apply the Backward Integration Policy in the downstream petroleum sector to encourage investment in local refining. (9) Pursuant to subsection (8), licence to import any product shortfalls may be assigned to companies with active local refining licences or proven track records of international crude oil and petroleum products trading. Simply meaning that, you can award import license to companies, only if the local ones are not producing up to the required capacity. However, the law said "may" not "shall". So it is debatable and not definite. The case was adjourned to January 20th, 2025. But Dangote Refinery has revealed that, the case will be settled out of court. Get detailed analytics on your energy consumption • water, electricity & gas. With Vendr Sub-Meters! Inquire now: Vendr Utilities || iOS • Web • Android || [email protected] ||

Trending Explained

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