The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, says the four oil refineries in the country have been shut down in Port Harcourt, Warri and Kaduna.

Kyari said this on Channels Television’s Politics Today programme on Wednesday.

He explained that all four refineries were functioning below capacity and it had thus become necessary to stop them from operating all together.

Responding to a question, the NNPC boss said, “First, all the four refineries in three locations are shut down and it was a deliberate decision for two reasons. One is that delivery of crude oil to these refineries is completely challenged because the pipeline network has been completely compromised by vandals and all kinds of people that will not allow us to operate these pipelines.




“That means you are not able to deliver crude oil to these refineries effectively to their maximum capacity. Secondly, what you call rehabilitation is different from the turn around maintenance. Turnaround is routine which every refinery does but when you talk about rehabilitation, it is that colossal loss of capacity in the refinery and it means you haven’t done the turnaround maintenance properly.

“Typically, every refinery is expected to operate at 90 per cent of its installed capacity. With the best of effort, with all the turnaround maintenance that has taken place, it is impossible to run any of the refineries before the shutdown at that level. Our estimate was to run it at 60 per cent of capacity but if you do that, all you are doing is value destruction. You will take $100 crude into the refinery and bring out $70 product. It doesn’t make sense.”




https://punchng.com/why-fg-shut-down-all-refineries-nnpc/

Yet many are collecting salaries and pensions for job not done!

iwaeda:
Yet many are collecting salaries and pensions for job not done!

Can't these refineries be sold to different private companies that will refine from here?

All is simply because a lots of criminals just dont want the refineries to work.Privatize these moribund refineries they say no.Hausa-fulani have monopolized the NNPC being the cash cow & cesspool of corruption in all successive governments.

The same problem in the economy, power, health & security sectors.Government policy & policy makers are all crooked.Nigeria is just cursed.Dissolve this contraption called a country.

iwaeda:
Yet many are collecting salaries and pensions for job not done!

Hypocrite, if they throw them into the labor market, you are the same people that we say President Buhari was sent to kill us?

There's something that makes me so happy, both Buhari loyalist and Anti Buhari's are all buying from the same Market, we pay the same amount and we all patronize the same products in the same country. Let's all sit back and enjoy our DEM O CRAZY.

Racoon:
All is simply because a lots of criminals just dont want the refineries to work.Privatize these moribund refineries they say no.Hausa-fulani have monopolized the NNPC being the cash cow & cesspool of corruption in all successive governments.

The same problem in the economy, power, health & security sectors.Government policy & policy makers are all crooked.Nigeria is just cursed.Dissolve this contraption called a country.

Biggest Hypocrite on Nairaland raccoon? When Obasanjo sold the refineries, where you not an advocate against, like you are against the deregulation of the petroleum sector today by The Federal Government?, keep wailing we know your type, oshogbo today, Ado Ekiti tomorrow? Hopeless Hypocrite. I guess it is easy for you to say break up Nigeria, because you and your family have no landed property anywhere within The Federal Republic of Nigeria that you can call your own?

Racoon:
All is simply because a lots of criminals just dont want the refineries to work.Privatize these moribund refineries they say no.Hausa-fulani have monopolized the NNPC being the cash cow & cesspool of corruption in all successive governments.

The same problem in the economy, power, health & security sectors.Government policy & policy makers are all crooked.Nigeria is just cursed.Dissolve this contraption called a country.

Lazy Oaf, if you can’t cater for yourself that is your problem, you better find a way to exit Nigeria, because nothing like break up of Nigeria will happen in your misery lifetime, not to talk of your Grand Children’s era.

Lies lies lies and more lies.
Shame on NNPC.

favor914:
Hypocrite, if they throw them into the labor market, you are the same people that we say President Buhari was sent to kill us?

Look yourself in the mirror, people that have lost their jobs in more productive sectors are the better. Imaging not doing anything for years and earning bogus salaries.