Useless govt. This is what you get putting Northerners at the helm. How can you justify spending over $3Billion USD searching for Oil when you have millions of barrels at the sea with no buyers. Now they want to loot some more.

Look at NLNG and compare with NNPC.
The difference in effficiency and productivity is clear.

One is a private driven, the other is driven by northern cabals in govt.

Modarun:
Useless govt. This is what you get putting Northerners at the helm. How can you justify spending over $3Billion USD searching for Oil when you have millions of barrels at the sea with no buyers. Now they want to loot some more.

54% of Norway is running on electric vehicles, while Nigeria is still searching for oil.
Why not?
Oil is easier than creating the reforms to bring in tourism.

You can drill oil in militant infested zones, all you need is bribes.

But you can't bring tourism when you have poor infrastructure and zero security.
Diversification is hard work.

Is it the likes of buhari that can do that kind of work?

This government and borrow is now like 5 and 6

Billion dollars.. Omo, na knife and fork dey go use on that money

why not sell it to rives state govment

These looters have gone mad again. Since when have they been revamping these refineries without any result. They are just making some lazy politicians billionaires overnight. I can count 5 Billionaires in Nigeria whose their source of wealth is from this NNPC turnaround contract s which they didn't execute.They collected money and did nothing.

They r shopping for money to loot.
U want to revamp a refinery which has been in comatose?
To tink that the petroleum minister is the one who is aware of anything is very unfortunate.

Please how much will it cost to build a brand new refinary? What became of previous budget for this?

Islie:
Afreximbank backs financing deal



https://www.newtelegraphng.com/nnpc-shops-for-1bn-loan-to-revamp-pharcourt-refinery/

How much to build new one? mtcwww.

With all the money that NNPC has been making the company could not save $1bn for this purpose. This Country is indeed a joke!!!

like seriously what has the TAM money for refineries been used for all this years we need a full audit of NNPC accounst also let China revamp the refinery just like they are handling dangotes own you ppl want to now use NNPC to chop money just like you have used bokoharam insurgency to fill your pockets

No announcement needed, simply contact CHINA!

May they not find that loan. Thief of the highest order.

just THIEVES!

Thieves!! $1 billion for what?? That PH refinery that is as good as dead� is what they want to use to commit daylight stealing. A whooping $1b to fund a moribund project. That's about 400 billion naira oh!!

Abasi mbok!

Nnitoh unam ikod

Thieves on Steroids.

solmusdesigns:
This people just loot anyhow

Where did you crawl out from?
Na now day break for you abi?

Azmanaty:
Nigeria's petroleum minister + all supporters will not die well. Vultures will feed on their carcass.

Foolish incompetent mofos

Until the last King is strangled with the entrails of the last priest

Where is dangote refinery?

Those idiot will not use this amount and build new refinery, instead planning to loot this money in the name of rehabilitation.

Fools, foolish country

Na wa o. How much will it cost to establish a new one. Real scam

watch this video then you know whats really going on.

https://www.youtube.com/watch?v=d7KEp9wuFSE

no be country we get o!

Criminals and looters everywhere

King2019:
Wait oo which kain country I dey so?

na country wey God go punish for ever if then no agree to divide am

NNPC, Making arrangement for fresh money to share among the clique.
God please help and rescue this country.

Final cashout.

Lol, nothing to add.