Christine Lagarde  - the head of IMF dictates west africa's economic and foreign policy.

All the govts of  West African nations are weak and can not defend the economic or territorial integrity of their own nations.

US africom has troops located in Djibouti, Libya and  the Ugandan border - africa is back to where it was in 1885 so Beaf you better shut up your mouth and understand the gravity of the situation in africa right now.

Shell and other IOCs are not interested in assissting nigeria to become an industrialised nation they are only interested in saving their own economies from imminent economic collapse  and they are trying to do that by implementing economic policies that guarantee the mass transfer of wealth from africa into the empty coffers of their respective economies.

@Crap 28
Why don't you pack off to Libya to hug Gaddafi's dead bones? We Nigerian's don't give a shiit.
In case you've forgotten, this topic is about Nigeria's interest. But of course, you wll forget when you haven't taken your daily dose of antipsychotic drugs.

cap28:


Shell and other IOCs are not interested in assissting nigeria to become an industrialised nation

Not unless it ALSO favours their interest - the IOCs are profit seeking entities and it would be foolish to expect them to be acting altruistically except in pursuit of profit. What intelligent governments do is set up agreements that align the national interest to the interests of the foreign entities.

The reason why Shell is interested in gas is that increased local utilisation of gas enables them to utilise gas reserves that may be too marginal for export.

When our own government is acting AGAINST Nigeria's national interest it is quite foolish to expect an IOC to do so.

jp philips:

@ mor0nic beaf

how are the mighty falling,  i can rem vividly how you accuse the hausa/fulani of begging for your resources, with 60% you are BEGGING a 40% partner to build refineries for you.

mr beaf for the love of christ, burry your face in shame, bow to the incompetence of the administration you serve.

first you said they are cabals we fought the cabals to a public enquiry, even when we knw your govt has all the apparatchick to bring them to justice, now they are absolved, your shameless govt has taken plates to spdc like an almajiri begging for refinery.

where is that CBN mickey mouse on bow tie always parading his m0ronic economic solutions?

where is madueke and iweala, beaf admit it now you have the chance, jonathan's bouazizi imperialist economists are a buch of thieves bereft of common sense.

the fisherman with bola hat nko? dead failures.

You sound very bitter indeed. Are you one of the "born to rule?"
Lol!

We know how Nigeria got into the current position where we have to eject or handcuff the likes of Shell to regain our independence. We know who sold the country for a brown envelope and who is bitter now that their brown envelope fountain (the price for their kids) has stopped flowing.
It takes really low self-esteem for any Nigerian to get so angry that exploiters are being put in place.

Beaf:


Keep blaming your govt even when they take the right steps and think you sound clever. You just sound like a humble licker of white arse.
Grow some self confidence, oyinbo people are not gods.

I guess opening a branch of World bank in Aso rock is the right step taking by your Government. You and GEJ are so clueless its unimaginable.

@ mor0nic beaf

how are the mighty falling, i can rem vividly how you accuse the hausa/fulani of begging for your resources, with 60% you are BEGGING a 40% partner to build refineries for you.

mr beaf for the love of christ, burry your face in shame, bow to the incompetence of the administration you serve.

first you said they are cabals we fought the cabals to a public enquiry, even when we knw your govt has all the apparatchick to bring them to justice, now they are absolved, your shameless govt has taken plates to spdc like an almajiri begging for refinery.

where is that CBN mickey mouse on bow tie always parading his m0ronic economic solutions?

where are madueke and iweala, beaf admit it now you have the chance, jonathan's bouazizi imperialist economists are a buch of thieves bereft of common sense.

the fisherman with bola hat nko? dead failures.

Beaf:

@Crap 28
Why don't you pack off to Libya to hug Gaddafi's dead bones? We Nigerian's don't give a shiit.
In case you've forgotten, this topic is about Nigeria's interest. But of course, you wll forget when you haven't taken your daily dose of antipsychotic drugs.

You are a functional illiterate - this is why you STILL dont get it.

Fool try and connect the dots for once in your dumb life - Libya was attacked because it held africa's  largest oil reserves and refused to comply with the satanic demands of europe and america - it also occupied a strategic position in that it was close to europe and could serve as an excellent launch pad for european and military operations on other stubborn nations like syria and iran - your porous brain has not yet worked out that africa is merely a raw material supplier to europe and america and is not even regarded as an equal in terms of economic or military capablity.

The idea that someone as gutless as GEJ would ever dream of taking a position opposite to europe and america is beyond laughable.

i am suprised that you can expect anyone to take you seriously when you were busy kissing the butt hole of a man who endorsed a gang of arab racists in libya who openly lynched nigerians and other black africans.

why would anyone take a self hating loser like you seriously?

You and GEJ deserve the same treatment that was meted out to those nigerians who were unfortunate enough to die at the hands of those racist libyan lynch mobs.


why would goodluck jonathan endorse an aerial bombardment over a fellow african nation and then turn around to challenge the same people who carried out these acts ? this is not how things work in the real world fool.

THINK FOR ONCE IN YOUR PATHETIC LIFE.

Beaf:
It is best for us to kick Shell out.
The Chinese have been building refineries all over the place without bringing up stup!d and insulting excuses. When it was time to kill Saro Wiwa, they didn't make any excuses.

Investing in building a refinery in Nigeria is a business decision for Shell whose primary duty is to protect shareholder value and to enhance it. They should not build anything if it will negatively impact their shareholders (Business 101).

The Chinese companies on the other hand are owned by the Chinese government and their interests are political rather than being business interests.

The real question is, why can't the government invest aggressively in the existing refineries and bring them to 70 capacity?

A-ZeD:

I guess opening a branch of World bank in Aso rock is the right step taking by your Government. You and GEJ are so clueless its unimaginable.

Many of you are congenital thieves, so if it takes a neutral umpire to point out your thefts, so be it.
I now see where you are coming from, no wonder you you can sell your soul for Shell.

ndu_chucks:

Investing in building a refinery in Nigeria is a business decision for Shell whose primary duty is to protect shareholder value and to enhance it. They should not build anything if it will negatively impact their shareholders (Business 101).

The Chinese companies on the other hand are owned by the Chinese government and their interests are political rather than being business interests.

The real question is, why can't the government invest aggressively in the existing refineries and bring them to 70 capacity?

Beaf will never address a question that exposes the glaring incompetence of his paymaster's regime. Why Nigeria NEEDS Shell to build us a refinery is beyond me, over 30 years since we took over the refinery they built.

ndu_chucks:

Investing in building a refinery in Nigeria is a business decision for Shell whose primary duty is to protect shareholder value and to enhance it. They should not build anything if it will negatively impact their shareholders (Business 101).

The Chinese companies on the other hand are owned by the Chinese government and their interests are political rather than being business interests.

The real question is, why can't the government invest aggressively in the existing refineries and bring them to 70 capacity?

Nigeria is a capitalist country, not a communist one. Surely, you understand the difference?
It is for the likes of Oando who account for about 53% of subsidy payments to build refineries in a capitalist democracy like ours.

Lastly, we are on a ship thats inexorably headed for true federalism; so the govt cannot do any stup!d investments that are meant for the private sector. Such investments will only keep the current anti-people system in place.
Dude, ask Oando and its likes to build refineries, it is not the place for a capitalist democracy to do so (without a profit making vehicle); except it plans to remain heavily over- centralised. Common sense, bruv.

When NNPC is broken up in the future (bringing us yet closer to true federalism), you can ask the govt to build refineries. Right now, NNPC is no more than a wayward contraption that like Shell, has to be wrestled to the floor and given a black eye.

debosky:

Beaf will never address a question that exposes the glaring incompetence of his paymaster's regime. Why Nigeria NEEDS Shell to build us a refinery is beyond me, [b]over 30 years [/b]since we took over the refinery they built.

Yeah, GEJ has been in power for 30 years. Most of you "revolutionaries" are so bitter that you sound silly.

Beaf:

Yeah, GEJ has been in power for 30 years. Most of you "revolutionaries" are so bitter that you sound silly.

You are truly a functional illiterate - where was GEJ mentioned in the following sentence?

debosky:

Why Nigeria NEEDS Shell to build us a refinery is beyond me, over 30 years since we took over the refinery they built.

By the way, GEJ has been in power for over 2 years - long enough to revamp the refineries but has failed to do so.

debosky:

You are truly a functional illiterate - where was GEJ mentioned in the following sentence?

By the way, GEJ has been in power for over 2 years - long enough to revamp the refineries but has failed to do so.

Abeg, go and fly in the night with your fellow winshes jare! You are bitter and sound bitter.
The refineries continue to fail because there are clowns and Shell "patrons" like you who sabotage them to keep the subsidy train expanding.

By the way, it was really id!otic to blame GEJ for a 30 year problem.

If shell is not ready to build cant they get another company to do it. It is high time naija wise up

ndu_chucks:

Investing in building a refinery in Nigeria is a business decision for Shell whose primary duty is to protect shareholder value and to enhance it. They should not build anything if it will negatively impact their shareholders (Business 101).

The Chinese companies on the other hand are owned by the Chinese government and their interests are political rather than being business interests.

The real question is, why can't the government invest aggressively in the existing refineries and bring them to 70 capacity?

nigerians are the only oppressed people that i know that consistently argue in defence of their oppressors.

someone has got his foot on your neck - and yet you jump to his defence arguing in defence of shell shareholders as if you are one of them - what is your concern about shell share holders when you can never be one of them?

a powerful multinational reduces you and your people to penury in your own country and you are talking about shareholder dividends as if that is your most pressing concern.

can shell dare do what its doing in nigeria in a country like saudi arabia or even venezuela? are you aware that shell has created the worst man made disaster in the niger delta area as a result of gas flaring and oil spillage ?  and yet your own concern is their shareholders - f.uc.k their shareholders - they are multi millionaires who wouldnt even employ you as a janitor in any of their offices in the world.

shell bp is more or less a govt it is acutally more powerful than a sovereign nation i - research its history which goes back as far as the 19th century.

if you think that shell has no political interst in nigeria then you need to read the wikileaks dumps about nigeria again - also find out the role the played in ken saro wiwa's execution by abacha.

the nigerian govt cant invest in building of refineries because it is currently enslaved by IMF conditionalities which control and dictate nigeria's economic policy - all of which was made possible by Okonjo Iweala and Obasanjo in 2006.

so because other countries have surplus we should now RELAX!!, and then what?. . Keep exporting and importing back!!??, those other countries with surplus refineries do they all have more crude than nigeria!!??. . .well, I think its time for us to just upgrade whatever is left of our refineries!!!!. . .PERIOD!!

debosky:

Not unless it ALSO favours their interest - the IOCs are profit seeking entities and it would be foolish to expect them to be acting altruistically except in pursuit of profit. What intelligent governments do is set up agreements that align the national interest to the interests of the foreign entities.

The reason why Shell is interested in gas is that increased local utilisation of gas enables them to utilise gas reserves that may be too marginal for export.

When our own government is acting AGAINST Nigeria's national interest it is quite foolish to expect an IOC to do so.

will you be quiet.

how come intelligent govts like libya who tried to counter the neo colonial invasion of NATO were subjected to a military bombardment from NATO?

how come intelligent govts like iran who are merely trying to develop a nuclear capability in order to defend themselves from neo colonial imperialism are now facing a nuclear attack from europe, america and israel?

keep fooling yourself that europe and america are playing fair when it is obvious to even the most stu.pid person that they seek total military and economic control over weaker resource rich third world countries.

this interest that you talk about - can you define what it is?

is it okay to drop 100 missilies on a tiny nation of 6 million people because you seek to protect your "interests"

or is it okay to invade a sovereign west african country (ivory coast) and slaughter thousands of unarmed youths in order to protect your economic interests?

Let me put you straight - what intelligent countries do is they ARM THEMSELVES IN ORDER TO PREVENT ATTACK FROM MORE POWERFUL IMPERIALIST NATIONS LIKE AMERICA.

he who can defend himself remains on top - that is why north korea is an independent nation in control of its own economic and military affairs while nigeria is an enslaved nation.

Your own govt acts against the economic interests of the nigerian people because it is a puppet govt owned by america and europe - in my book it is extremely foolish and st.upid to expect a puppet govt to act in the interest of its people when it owes its existence to its western puppet masters.

cap28:

nigerians are the only oppressed people that i know that consistently argue in defence of their oppressors.

the nigerian govt cant invest in building of refineries because it is currently enslaved by IMF conditionalities which control and dictate nigeria's economic policy - all of which was made possible by Okonjo Iweala and Obasanjo in 2006.

If the Nigerian government cannot invest in building refineries because of IMF enslavement, what is the cause of the government's inability to maintain existing refineries? IMF?

May I remind you that a private company has just completed a refinery in Imo state which should come on line soon. Most of the financing came from a Chinese bank.  While Ngozi and others were running around asking the Chinese for billion dollar loans a few weeks ago, why didn't they negotiate for the financing of refineries since IMF is blocking alternative financing of such projects as you claim?

Beaf:

[b]Nigeria is a capitalist country, not a communist one. [/b]Surely, you understand the difference?
It is for the likes of Oando who account for about 53% of subsidy payments to build refineries in a capitalist democracy like ours.

Lastly, we are on a ship thats inexorably headed for true federalism; so the govt cannot do any stup!d investments that are meant for the private sector. Such investments will only keep the current anti-people system in place.
Dude, ask Oando and its likes to build refineries, it is not the place for a capitalist democracy to do so (without a profit making vehicle); except it plans to remain heavily over- centralised. Common sense, bruv.

When NNPC is broken up in the future (bringing us yet closer to true federalism), you can ask the govt to build refineries. Right now, NNPC is no more than a wayward contraption that like Shell, has to be wrestled to the floor and given a black eye.

Is Brazil a communist country because Petrobras OWNS 11 refineries in Brasil and 4 outside brasil. So Mr Beaf can you give us another reason why the GEJ led FG cannot manage our four refineries properly?
NB: don't blame subsidy cos if the refineries were working the subsidy issue would not arise

dota (f)
ph
Posts: 22

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naija mumu,sha poverty dy blnd ,bcs u r eatn d spoils of war,ur brain is nw fild wv water 4rm a well,abeg mk dm stay 40 yrz.shey our 4fadas complaind dat d oil didnt allow deir crop 2 grow,it was floodn d farms,it is d scholarshp u hustld 2 get dat is doing u.dy cnt do capital investments in ur country,na only reccurnt ones wey u go dey hail dm daily.beta wise up nd thnk lyk a 2ru naija blood

What a daft response. Ignorance is not bliss  . . . woman. There are businesses that deal with refineries and there are those who deal in refineries. Some dabble in ownership of both but not quite a lot. This company is one of those that made the decision years ago not to dabble anymore in refinery ownership for one reason or another.
You are given the reason why they do not want to make an exception even in Nigeria and your ignorant minds seem unable to handle that?? Really? Are you not the blind poor one here to expect a mere company, 50% owned by your own country, to become your saviour when your incompetent Government that holds ALL OF YOUR MONEY refuses to step up to the plate and do the job you pay it for?

dota (f)
ph
Posts: 22

Offline

Re: Why We Can’t Build Refinery In Nigeria-shell
« #85 on: Today at 06:51:42 AM »
u c illiteracy is caln ur name,shell does'nt own rf,who cares,who evn gave u dat tot.hw cn u tl m a palmwine tapper has no keg,em dy borrow,av u also bn slapd by poverty?or ignorance,naija. Ure nt 4rm d nd region,did dy tl u dat their fadas cmplaind dat d oil was entern d river,is it nt nw?whch 1 r u nw sayn,y cnt we kp d oil.did dy tl u dat dy begd dm 2 cm nd tk d oil dat they were drownin,no b oyibo cm c am dy mk propositns, ths has ntn 2 do wv our govt rf or our indigenous cmpanies,its about knwn ur rights nt gullibility,u shuld b tln m hw fg officials,min 4 petrol,finance,diplomats n ambassadorz etc especialy shuld b killed.dy cm nd damage ur land,kil ur ple nd tl u dy cnt build rf,cs of d exces in d world.dat world does in include africa,use ya brain oh naija,he didnt evn includ us in d world map.ode!dy pay 1kobo  4 kiln ur ple nd afta sevrl yrz jus deir pipes u c as capital investments.dy knw our gov. Is made up of mumus  dat cn negotiate wel dats y dy bargain 2 deir adv, am suspctn dy paid u, naija mumu no2   .dnt annoy m,i cn b brutal.

WOW  . . . incoherent rambling . .  check!
unreadable language  . . . check!
illogical statements. . . . check !
Worse than pidgin English . . . check!!

Who again is the illiterate here?? 

Then leave the country and our resources.

ndu_chucks:

If the Nigerian government cannot invest in building refineries because of IMF enslavement, what is the cause of the government's inability to maintain existing refineries? IMF?

CORRUPTION and greed on a level that you would never imagine in your wildest dreams.

that's why the nigerian govt hiked up the price of petrol (claiming they were removing a non existent subsidy)

you should listen to Professor Tam David WEst's analysis of what is really going on in the oil sector - you will weep.

May I remind you that a private company has just completed a refinery in Imo state which should come on line soon. Most of the financing came from a Chinese bank.  While Ngozi and others were running around asking the Chinese for billion dollar loans a few weeks ago, why didn't they negotiate for the financing of refineries since IMF is blocking alternative financing of such projects as you claim?

Because Ngozi is a world bank stooge whose job is not to develop and industrialise nigeria but to open nigeria up for the further economic exploitation of her paymasters in Washington.

the chinese are offering loans to african countries on much more favourable terms than the debt slavery terms of the IMF and the World bank but many of these offers are being blocked by WAshington by threats of military invasion and economic sanctions.

gulfer:

Then leave the country and our resources.

^^ Use your head. Why should a private company be FORCED to build for you a refinery?

You know what . . . never-mind responding. I really am not in any way going to respond to anything you offer up. I think so many others have made really educated attempts to respond to the bulk of you who feel these companies ought to act as your messiahs in this situation. If that is not enough, then I don't see why I should waste my own precious time rehashing what has already been touched on.

cap28:


Because Ngozi is a world bank stooge whose job is not to develop and industrialise nigeria but to open nigeria up for the further economic exploitation of her paymasters in Washington.

the chinese are offering loans to african countries on much more favourable terms than the debt slavery terms of the IMF and the World bank but many of these offers are being blocked by WAshington by threats of military invasion and economic sanctions.

If you want to be taken seriously, you should provide evidence to support your wild claims. You sound like a conspiracy theorist .

texazzpete (m)
Posts: 7089

Offline

why stop at refineries. let's force them to build hospitals, schools, roads, rehabilitate Government house etc.

Also, If Shell and Chevron cannot tackle Boko Haram let them get out of the country. Nonsense!

Abi ooo!!! Handover running of the country as a whole to Shell while we are at it.

ndu_chucks:

If you want to be taken seriously, you should provide evidence to support your wild claims. You sound like a conspiracy theorist .

Sounds?

He has a phD in conspiracy theories.

I sorry for those who think Shell sold all its refineries in UK, that is baseless, without proof or whatsoever some people are hinting on here. Now it's sold UK Stanlow refinery  people are using that to pipe around it has sold all it refineries. Stop acting as if you have all the information. List the refineries yet you are generalizing, it sold all its refineries in UK, BP, blah blah blah . . . Please! I don't believe in mere sympathizing or sensitizing this whole thing with /by  Shell.

In its official website Shell said it won't exit refining world wide.

[url=http://www.shell.com/home/content/media/speeches_and_webcasts/archive/2011/peter_voser_wall_street_journal_22092011.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+shell_speeches+(Royal+Dutch+Shell+plc+speeches)]http://www.shell.com/home/content/media/speeches_and_webcasts/archive/2011/peter_voser_wall_street_journal_22092011.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+shell_speeches+(Royal+Dutch+Shell+plc+speeches) [/url]

What are you guys supporting Shell problem? It is corrupt as our leaders.

cap28:

CORRUPTION and greed on a level that you would never imagine in your wildest dreams.

that's why the nigerian govt hiked up the price of petrol (claiming they were removing a non existent subsidy)

you should listen to Professor Tam David WEst's analysis of what is really going on in the oil sector - you will weep.

Professor Tam West is nothing but makes a lot of noise. In his calculation, he NEVER accounted for the purchase of crude, how do you account for fuel to be sold for about N34, will the crude fall from heaven?

cap28:


Because Ngozi is a world bank stooge whose job is not to develop and industrialise nigeria but to open nigeria up for the further economic exploitation of her paymasters in Washington.

the chinese are offering loans to african countries on much more favourable terms than the debt slavery terms of the IMF and the World bank but many of these offers are being blocked by WAshington by threats of military invasion and economic sanctions.

Your dislike for NOI is glaring everyday, what has IMF and WBG got to do with this? If Chinese Banks are making better offers to African nations, why isn't there aggressive development in Nigeria? Nigeria approaches IMF and WBG for loans, meanwhile Nigeria boasts of banks that can raise just about same money they're seeking outside and then you blame the third party, oh they are coming to exploit you. Whatever happened to Nigeria being a sovereign nation, who makes her own decision. If your govt officials open their doors to exploit, will you hold Shell, IMF or WBG accountable?


Shell is NOT responsible for building refineries for Nigeria and Nigerians but the govt is to encourage such economic infrastructures through several financing programs. Most of yall need to quit this blind aruging because ti sure aint helping your case. Shell to build refineries for you, lol, keep waiting

Kobojunkie:

Abi ooo!!! Handover running of the country as a whole to Shell while we are at it.

How long are we going to keep blinding ourselves to the truth?That's a rhetorical question. That's the simple reason the company is not willing to clean up Niger-Delta pollution because most of people don't  know/fight for their rights. I lord Ken Saro Wiwa for speaking up as the best activist that has come out of that area.

cap28:

will you be quiet.  

how come intelligent govts like libya who tried to counter the neo  colonial invasion of NATO were subjected to a military bombardment from NATO?

Libya was bombed because Ghaddafi threatened to annihilate Benghazi, not because of any of your imagined theories.

how come intelligent govts like iran who are merely trying to develop a nuclear capability in order to defend themselves from neo colonial imperialism are now facing a nuclear attack from europe, america and israel?

They don't need nuclear capability to defend themselves from your imagined theories. Intelligent governments like Saudi, Qatar and Oman are dictating to oil companies and getting maximum benefit for their people without needing nuclear weapons.

keep fooling yourself that europe and america are playing fair when it is obvious to even the most stu.pid person that they seek total military and economic control over weaker resource rich third world countries.

Who said anything about playing fair or are you now unable to read and comprehend? I've said the IOCs seek profit above all else - unless you align their profit seeking drive with national development, you are wasting your time.

is it okay to drop 100 missilies on a tiny nation of 6 million people because you seek to protect your "interests"

How this is connected to Shell not building refineries in Nigeria is beyond me. Are you arguing something else in your head or the issue at hand?

Let me put you straight - what intelligent countries do is they ARM THEMSELVES IN ORDER TO PREVENT ATTACK FROM MORE POWERFUL IMPERIALIST NATIONS LIKE AMERICA.

Oh yeah - South Korea's economy is so strong because they've armed themselves to prevent attack from America, so is Saudi Arabia's, Qatar's, Malaysia's, Singapore's and Taiwan's.

he who can defend himself remains on top - that is why north korea is an independent nation in control of its own economic and military affairs while nigeria is an enslaved nation.

They are so ontop that their economy is booming to the extent of needing food aid from South Korea. I agree.

Your own govt acts against the economic interests of the nigerian people because it is a puppet govt owned by america and europe - in my book it is extremely foolish and st.upid to expect a puppet govt to act in the interest of its people when it owes its existence to its western puppet masters.

The government is not owned by America or Europe, but owned by their greed - their seeking of filthy lucre prevents them from taking altruistic decisions for the greater good. . . . .in practice they are no different from Shell in the sense of being pure profit seekers.