young wrote:How much of Nigeria or west africa do you know?
We interact with the west at different levels young.We dont have to be in Nigeria to know what takes place there.That is why forums,media etc exist. Is it just sitting in Nairobi to read
and engage the west stories about a place that makes you informed and up to date about the happenings in other parts of Africa ? That is mostly what most of you folks in Kenya do.
Seriously young?? In this day and age you can dare say that? Why does the internet exist? These issues are discussed and brought to our attention daily.It's a global village we have.It's just proper to post sources not rumours. For your info Nigeria has 3 refineries:-
Kaduna establised in 1980
Warri established in 1978
Port Harcourt Established in 1965.
That is my final word on this as there is no need participating in blind arguement.
http://en.wikipedia.org/..._oil_refineries#Nigeria
Best Regards
Young I don't sit in Nigeria But I know what takes place there on a daily basis.
U sabi that?
In
2008 Your Minister for works said that the goverment plans to build 3 new refineries and Nigerians wondered why the 3 existing are not operational and functional.
Fast forward
07 Mar 2012http://www.thisdaylive.com/articles/fg-rules-out-building-of-refineries-as-condition-for-awarding-acreages/110837/Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, Tuesday
ruled out the possibility of building refineries as a precondition in the allocation of acreages in the oil and gas sector of the nation’s economy.The minister said it was not possible to insist that all acreages would host a refinery but added that what was rational was to determine how many refineries would be commercially viable in the country and approved such while the
government was working with the original builders of the existing refineries to return them to at least 90 per cent refining capacityThe government is powerless against those who destroyed the 3 refineries, cos they are private refineries, owned by the Chinese, with the FG holding some shares.
The Chinese were in it to make profits, not get paid for bogus imports.
Government run businesses in Nigeria and many other African nations are simply another way of milking public funds.
This brings me to this conclusion and correct me Young if am wrong.
Why can't the federal government put some of these decayed refineries in private hands? The 3 refineries have been there for too long without producing anything(state of disrepair).
My other question, Which Private companies will invest in building the refineries if shell is hesitant to do so? They make more through exploration/mining as refining to them isn't profitable.
I am no expert just a reader so please enlighten me/us.
You know Young,a nigerian once asked me what the Turkana oil excitement is all about since oil to them has become a curse.
If we play about we may end up the same way.
"The true measure of a man is how he treats someone who can do him absolutely no good.