Smithkafors:


Which Atiku?.


Peter Obi is the only one who can fix this country for now.

PO 2027.
God willing. Nigeria shall be great again!

U are a fool if you think Obi can tackle the cabals or oil mafia in this country. He won’t last a week.
Even Asiwaju and Dangote are not finding it funny, u want to get a dog in a cage fight with a lion
It’s a no brainer, Obi won’t last five minutes, go and ask your progenitor Ojukwu what he faced despite being a tiger himself
Rubbish

Moblux:
One barrel of crude oil produces approximately 159 liters. From this, about 45% is converted into gasoline (PMS) and around 30% into diesel (AGO) .
Calculating for 1,000 barrels:
Total liters:
1,000 ×159
=159,000
1,000×159=159,000 liters
Gasoline (PMS):
159,000×0.45≈71,550
159,000×0.45≈71,550 liters per day

Diesel (AGO):
159,000×0.30≈47,700
159,000×0.30≈47,700 liters
Thus, from 1,000 barrels of crude oil, approximately 71,550 liters of PMS and 47,700 liters of AGO can be produced daily.

This alone will even reduce the price of petrol and diesel greatly in Edo State... I won't be surprised if transport companies start using Edo as their state for buying full tank, which will further develop the economy of the state and closeby local governments like Ore in Ondo state

Dogalmighty17:


In effect and assuming your calculations are correct, the edo refinery can barely fill two trucks of 60k litres capacity daily. They are a non player.

It's a modular refinery, so it's allowed... Imagine how many modular refineries will be set up in Edo State if this one strives... Picture Edo with 10 of such refineries, then you'll realise it can have an effect

Then, imagine people setting up such in other southsouth states... You don't need to build a dangote-sized refinery to make an impart, several of these refineries you call "non-players) will make a significant impact

Dogalmighty17:


Japa call you say him need help?

No na me need am, desperately

Just 1000 barrels a day o. Such a shame

wirinet:

We should not be a member of OPEC in the first place. It's stupid logic to be exporting our crude when we produce only 1.2 million barrels per day, out of which we have only about 300,000 barrels at our disposal after setting financial obligations,and then importing over 1million barrels per day of crude from abroad with all the attendant higher costs to run our refineries including Dangote 650 000 barrels per day mega refinery.

USA produces 13 million barrels of crude per day, they are not a member of OPEC, Russia produces over 10 million barrels of crude per day, they are not member of OPEC, even Norway produces close to 2 million barrels per day, they are not exporting their crude. We that is barely producing 1 million barrels, 60% of which is our share, we pride ourselves as OPEC number.

I used to think all oil producing countries were members o... Thanks for this enlightenment

It's only a fool whose family does not have sufficient food to eat that'll be sharing food to outsiders... That is our case

And mele kyari still has a job.

Smh.

olaremint:


U are a fool if you think Obi can tackle the cabals or oil mafia in this country. He won’t last a week.
Even Asiwaju and Dangote are not finding it funny, u want to get a dog in a cage fight with a lion
It’s a no brainer, Obi won’t last five minutes, go and ask your progenitor Ojukwu what he faced despite being a tiger himself
Rubbish

Your Asiwaju is not a finding it easy because he is a crook.

He has interests in the oil industry and Satan cannot fight against Satan.

What does ojukwu have to do with this, you mindless bigot?

Is tinubu feeding your children because he is from your tribe.?
Or is he subsidizing your standard of living?

Somebody is telling you the only person that has the credibility to fight oil corruption, and this clown is talking about ojukwu.

Low IQ sub-humanoid.

Playing senseless bigotry even against their own direct interests.

Smithkafors:


Which Atiku?.


Peter Obi is the only one who can fix this country for now.

PO 2027.
God willing. Nigeria shall be great again!

una don start again

ShogunNoName:
Slowly the truth is coming out .

1. Alot of these local refineries are not really faulty the way NNPC had led the public to believe .

2. NNPC makes billions monthly from phantom importation of fuel because they keep increasing The said amount they import on paper and using that to loot. Ask yourselves as the price of fuel increases how come our consumption has also been increasing when less and less people are driving or even buying fuel for generators?.

3. NNPC Has been running a criminal enterprise and ensurimg fuel is not refined locally so that they continue importing fuel.

4. This is why Atiku said first thing he would do is sell off NNPC but you all attacked him. Has he not been vindicated since ?

Atiku is coming

Atiku 2027.

Why NNPCL does not want our refineries to come on board is clearly stated here. They don't want to give feedstock, they prefer selling abroad and making middlemen gains and importing to steal from us all.

NNPCL is an enemy of Nigeria

wirinet:

We should not be a member of OPEC in the first place. It's stupid logic to be exporting our crude when we produce only 1.2 million barrels per day, out of which we have only about 300,000 barrels at our disposal after setting financial obligations,and then importing over 1million barrels per day of crude from abroad with all the attendant higher costs to run our refineries including Dangote 650 000 barrels per day mega refinery.

USA produces 13 million barrels of crude per day, they are not a member of OPEC, Russia produces over 10 million barrels of crude per day, they are not member of OPEC, even Norway produces close to 2 million barrels per day, they are not exporting their crude. We that is barely producing 1 million barrels, 60% of which is our share, we pride ourselves as OPEC number.

Without the Open Cabal crude oil will trade at 30USD and countries like Nigeria will run out of business. There will be over supply

RepoMan007:
I thought pained fools and corn-bandits from the other side said Dangote was monopolist. How come another local refinery is operating and he isnt using his fulani village powers to fight them?

The news said they are not operating because no crude. Get sense

Nigeria's export of oil is not the problem.

The problem is that we have idiots and traitors in the helm of power.

OPEC quota only covers exports.
It does not determine how much crude you can supply to your local markets.

There is no cap on how much crude you can supply to your local refineries.

There is nothing stopping us from exporting our maximum quota and still extracting more crude for local production.

The only thing stopping us is corruption, oil theft and high level inefficiency.

Saudi Arabia exports its full OPEC quota and still generates extra crude for local production.

INTEGRITYA1:
It's becoming more obvious that some power brokers within the NNPC in connection with some cabals don't want our local refineries to be functioning.

Vultures that have been feeding fat on our natural resources in the name of fuel subsidy knew fully well that once our refineries begin to work in full capacity, then it will reduce their access to the free national cakes and reason they are frustrating all efforts that will liberate the local refineries.

Government need to do more at this juncture to liberate our Economy from those that have been holding us down from long time ago.

Which government?

But what kind of country is this. Their are a lot of local refineries ready to produce fuel , but Tinubu and his men insisted in importing the product from outside . What kid of evil corruption is this.

Typing:


It's a private owned Modular Refinery that is located in Edo. It's not owned by Edo State government.

Ehn! Ehn! I was thinking it's state owned earlier! Thanks.

Zetty177x:


Edo na oil producing state

I know!

Not all oil producing state has refinery!

NOETHNICITY:
Kyari should be arrested immediately for sabotaging national interest

Is it the Tinubu family whose interest he's serving that will arrest him?

Habbeyy:

Why do I keep thinking that Tinubu is actually fighting the oil cabal? He has used his billionaire friends Dangote and Tony to expose nnpc, now Edo refinery has "soro soke" too. Why do people think they are fighting Tinubu and it is not Tinubu that is using them to fight the oil thieves? Just my thoughts!

You go get sense las las

U started well but the moment u politicized ur opinion.....it made ur arguement lose its ground....

ShogunNoName:
Slowly the truth is coming out .

1. Alot of these local refineries are not really faulty the way NNPC had led the public to believe .

2. NNPC makes billions monthly from phantom importation of fuel because they keep increasing The said amount they import on paper and using that to loot. Ask yourselves as the price of fuel increases how come our consumption has also been increasing when less and less people are driving or even buying fuel for generators?.

3. NNPC Has been running a criminal enterprise and ensurimg fuel is not refined locally so that they continue importing fuel.

4. This is why Atiku said first thing he would do is sell off NNPC but you all attacked him. Has he not been vindicated since ?

Atiku is coming

Atiku 2027.

lexy2014:


Which government?

Is it you that will handle it?

Yampotatocarrot:


This alone will even reduce the price of petrol and diesel greatly in Edo State... I won't be surprised if transport companies start using Edo as their state for buying full tank, which will further develop the economy of the state and closeby local governments like Ore in Ondo state

That's about 30 tankers of PMS and another 30 tankers of AGO in a month. That should help the community and its adjoining communities

As long as NNPCL is concerned no refinery in Nigeria will work, why should they work, we need to import fuel at the cost of building a new refinery every month.

Mrshape:

The article said they have agreements of supply but it has not been fulfilled for more than two years now, before I was blaming Dangote that he did not make plans to get crude for his refinery before completion, but on seeing this from a refinery I know when they started just broke my heart that this country don't want crude to be refined here

So what?
You are talking ignorantly

Exam question
A person sets up a factory to make garri and has an agreement with. A farmer to supply cassava the farmer disappoints him what should he do the next year
A Close the factory down
B. set up his own cassava farm
C. Find other farmers and enter agreements with as many as possible
D. Go to the press to start complaining
E. Start a protest on the street


My view is simple People like
you should learn to get all the facts before allowing yourself to be manipulated to talk about things you don't understand .




NNPC IS A BUSINESS

another simple question yes or no
Do you know how much the government owes NNPC TODAY?

You sound like a child saying our father has 5 milk cows which he gave to Mr A a dairy farmer and so we are entitled to drink cheap milk at home

The dairy farmer is he giving the father financial returns? Yes
Does the father give the dairy farmer one naira to buy food for the cows?no
But the father and the family are the biggest customers buying the most milk on credit and have not paid any money for a few years

What will happen to the business?

Habbeyy:

Why do I keep thinking that Tinubu is actually fighting the oil cabal? He has used his billionaire friends Dangote and Tony to expose nnpc, now Edo refinery has "soro soke" too. Why do people think they are fighting Tinubu and it is not Tinubu that is using them to fight the oil thieves? Just my thoughts!

U have a point

The rot in Nigeria is inexplicable.

Kobojunkieee:
1. Obaseki and all the others you mentioned are political touts whose only credit in life is defrauding Nigerians in politics — they are lacking in the intelligence department, — so even me I no dey pay them much attention.

2. The news isn't the problem since most of us get our news, not from direct media but rather from social media. So, saying even the workers for the place have not reached Nigerians with this particular news is shocking. I think a lot of Nigerians saw the social media video of the guy who took photos of Dangote's refinery back in December claiming no work dey at that point in time. We have been told for so long that none of the refineries were working, and then to read that one has been working since 2022 but lacked feedstock just dey unbelievable!

I am telling you Obaseki has said it verbally on video.

All political office holders from head to bottom loot recklessly.
But this news is not new. It has been all over. I am shocked to see people say they haven't heard. To me, people probably selectively hear what they want to hear.

I believe prejudice is a major issue. Edo is the last place people expect to have modular refineries.

I will not support Obaseki in a million years but he has done quite some good things but APC people all over the place will always rubbish it. Everything is too political in this country.

Is it new for the system to sabotage any genuine effort to make 9ja work? Why should this surprise anyone?

If the company has reached out to NNPC, Obaseki complaining loudly, who are the staff?

What if the corrupt/bought media refuses to carry the news? Lots of social media still rely on traditional sources?

Dangote is playing Nigerians
Go and do some research about which happened first
Did Dangote complain about. Quality of imported fuel or did NNPC

do you believe those legislators that went to his refinery to visit got any money like thanks for coming

Are they experts in sulphur content of petrol?
Suddenly they are asking for people to be sacked

Why did they not ask questions about money Emefiele gave Dangote

See I am not for or against NNPC or Dangote

But I know manipulative behaviour when I see it

I also know that from a business perspective it makes no difference where Dangote gets crude from

The reality is his loans are due and he wants to buy Nigerian crude in Naira but he will still export s9me

Questi9n when Dangote exports fertiliser, cement diesel does he bring the dollars to Nigeria?

If we sell crude in dollars it is brought in

So most people should tell themselves the truth which is

They do not fully understand what is going on and should enter learnings and research mode but stay totally silent as in FEM!!

INTEGRITYA1:


Is it you that will handle it?

.

INTEGRITYA1:
It's becoming more obvious that some power brokers within the NNPC in connection with some cabals don't want our local refineries to be functioning.

Vultures that have been feeding fat on our natural resources in the name of fuel subsidy knew fully well that once our refineries begin to work in full capacity, then it will reduce their access to the free national cakes and reason they are frustrating all efforts that will liberate the local refineries.

Government need to do more at this juncture to liberate our Economy from those that have been holding us down from long time ago.

Who are these power brokers and cabals in nnpc?

Do you know their names?

If you say they are in nnpc, is nnpc not part of government or is it outside government?

For how long have these power brokers, vultures and cabals been operating?

Where was government when these power brokers, vultures and cabals were doing all u accused them of doing?

Which government are you saying needs to do more?

What has the government done before regarding the issues u raised that it now has to do more?

Thought 🤔