Stats: 3,186,940 members, 7,931,267 topics. Date: Sunday, 25 August 2024 at 08:38 PM |
Nairaland Forum / Nairaland / General / Politics / Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta (9802 Views)
Dangote, Modular Refineries To Pay Naira For Crude / Osinbajo: Why Hardworking Deputies Run Into Problems / Osinbajo: Why Buhari Appointed Usman Alkali As Nigeria’s New Police Chief (2) (3) (4)
Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by murecool(m): 6:12pm On Mar 16, 2021 |
*How to turn artisanal refiners into strategic partners in the oil-producing areas, by VP The integration of artisanal and modular refinery operators into mainstream oil and gas sector promotes the inclusion of more local content in the industry and advance the use of home-grown technology in the refining of petroleum products, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this today in an address delivered virtually at a National Summit on the Integration of Artisanal and Modular Refinery Operations in Nigeria. According to the Vice President, “we are confident that the integration of artisanal and modular refinery operations into the oil and gas sector will not only promote the inclusion of more local content in the industry; it will advance the use of home-grown technology in the refining of petroleum products and also curtail illegal oil activities in the Niger Delta regions.” It will be recalled that following Mr President’s directive, Vice President Yemi Osinbajo in 2016 embarked on a tour of oil-producing communities in the Niger Delta, in a bid to address lingering issues in the region. This was preceded by the President’s meeting with Niger Delta leaders under the aegis of Pan-Niger Delta Forum, (PANDEF) which led to the PANDEF 16-point demand to the Federal Government and was subsequently captured in the Federal Government’s 20-point agenda to develop the region. “One of the nagging issues we were confronted with during my tour was how to deal with the proliferation of artisanal refinery and its attendant negative environmental impact. Our solution was to promote the establishment of modular refineries,” Prof. Osinbajo recollected. Speaking on how to resolve the issue, the Vice President noted that “these artisanal refiners will be seen as investors and considered for strategic equity partnerships with technical and financial partners. “This vision is hinged on the commitment of this present administration to develop the region and ensure that the people of the region benefit maximally from the wealth of their land. Indeed, the New Vision speaks to a progressive partnership between the federal government, state government, private sector, and the local communities.” Explaining the Federal Government’s position on the adoption of a viable model, Prof. Osinbajo said, “the transition from artisanal refineries to modular refineries has been delayed because of the operators’ expectation that this process will be fully underwritten by Government. “However, what this framework envisages is a private sector-led partnership with equity participation from the state government or its agencies, registered local cooperative societies and the integration of regional refinery stakeholders, with the private investor having majority equity.” While calling on stakeholders at the summit to fashion a workable and viable blueprint that will guide and facilitate the integration of artisanal and modular refinery operators, the Vice President said the gains of a seamless integration are enormous. “We are confident that the integration of artisanal and modular refinery operations into the oil and gas sector will curtail illegal oil activities in the Niger Delta regions. “It will also promote the availability of petroleum products, stabilize prices, eliminate shipping costs and provide employment opportunities for the youths in the region and Nigeria in general,” Prof. Osinbajo stated. In addition, the Vice President said “we recognize that with enough artisanal and modular refineries in the country, we should be able to conserve foreign exchange now utilized for the importation of petroleum products and promote socio-economic development. “The resultant proliferation of employment opportunities will also have the effect of curbing youth restiveness which is largely driven by a dearth of socioeconomic opportunity. With most of the youth engaged in productive endeavours, the region will be able to turn a new page in its history.” The summit was convened by the Senior Special Assistant to the President on Niger Delta Affairs, Sen. Ita Enang. Dignitaries at the meeting include the Minister of State, Budget and National Planning, Prince Clem Agba; representatives of the Minister or Niger Delta Affairs, Godswill Akpabio; Minister of Science and Technology, Ogbonnaya Onu; and Minister of State, Petroleum Resources, Chief Timipre Sylva. Other dignitaries who joined the meeting virtually include Hon. Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed, and Hon. Minister of Environment, Dr. Mahmood Abubakar. Laolu Akande Senior Special Assistant to the President on Media & Publicity Office of the Vice President 16th March 2021 2 Likes 1 Share
|
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by MANNABBQGRILLS: 6:13am On Mar 17, 2021 |
Osinbajo, The great Man. Our own @[/b] be say : [b]STARBOY and ZULUM all da Way. Come 2023 BGG, STARBOY and ZULUM we dey for una. Whether the evil ones like it or not, Nigeria will succeed. Topmaike007:Our Combo is actually a well selected great Combo to move our nation forward. That being said,, Chief Topmaike, We no too know about this APC revalidation tin o. We are not actually a card carrying member of any political party in Nigeria. The only 2 guys we love in Naija politics are our darling Daddy and his amiable Vice. Now, Zulum has joined the rank. We only go to the polls on election day to cast our votes for good, honest men that meant well for the nation, no matter the party they are. And you don't have to be a party member to do that. But in the past one month, we have noticed how all the top big wigs and non-politicians alike are all joining APC in their various Constituencies, from Governors, to Businesses owners and Entrepreneurs. We are looking and researching about the good ones among them already. Serveyouright:We sane, good, honest and hardworking Nigerians will do all in our power to make this Combo work. That is why we all must come together. Nigeria will be great again in our lifetime iHart:We Love him too. Only fraudsters, criminals, thieves and losers in life don't like him obviously ![]() The same nuisances that do not like sane, good and honest members here. Two time losers. 9 Likes 5 Shares
|
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by MANNABBQGRILLS: 6:13am On Mar 17, 2021 |
Our next President Insha Allah. By God's Grace. 8 Likes 5 Shares
|
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by straighttalk(m): 6:13am On Mar 17, 2021 |
Good luck. You can only do your best and hope as the Second in Command so long as you have the Dementia Patient as the number One. Nigerians Will Never Repeat the Mistake of 2015 3 Likes |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Nobody: 6:13am On Mar 17, 2021 |
Promotion of modular refineries ensures that one single person doesn't have the monopoly over crude oil products. I support this move by osinbanjo but license fees and certain regulations should be relaxed to enable the small players enter into the field. Modular refineries is a solution to breaking monopolistic bastards. 21 Likes 2 Shares |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Jestin: 6:14am On Mar 17, 2021 |
If we need more local content,We need to build our refineries. Why can’t Nigeria have a functioning refinery self ? |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by saferoom: 6:14am On Mar 17, 2021 |
Hmm |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by RealLordZeus(m): 6:14am On Mar 17, 2021 |
Them finally get sense. This is the right step instead of destroying artisanal refineries right and left in the name of illegal installations. We know its illegal, but we need them, so just make them legal 6 Likes |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Balistic4: 6:14am On Mar 17, 2021 |
you guys succeeded in running the country aground, then turned around to mock us. You promised one refinery every year, and we can see none. Now the goal is clear, increase debit alert for Nigerians and reduce credit alert to the minimum, weaponize poverty to the point where people will see you as the messiah for giving them money for bread that can't buy sachet water cause of inflation. Worst things to happen to Nigeria ![]() ![]() 1 Like 1 Share |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by mamaafrik(m): 6:15am On Mar 17, 2021 |
This will be a great move,the refineries must not be placed in only one man's hand,south needs to key in seriously 4 Likes |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by gfon(m): 6:15am On Mar 17, 2021 |
They are just after the exploration of the oil,but they neglect the communities that has been polluted due to this exploration. 3 Likes |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Sheriman(m): 6:15am On Mar 17, 2021 |
This man should contest for the sit of Nigeria President 4 Likes |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by pointstores(m): 6:15am On Mar 17, 2021 |
Nice one |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Uncletony(m): 6:15am On Mar 17, 2021 |
post=99950561:Not longer the � eyes drug Baron? 5 Likes |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by adioolayi(m): 6:16am On Mar 17, 2021 |
Mr VP ...where is the functional NNPC refineries you promised us ![]() 1 Like |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by dejonathan(f): 6:16am On Mar 17, 2021 |
When this man talk, you'll know he knows what he's saying.. unlike his vegetable boss,that one lack everything wey reasonable person suppose have.. ![]() ![]() |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by iHart(m): 6:17am On Mar 17, 2021 |
I love this man 4 Likes 1 Share |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by merits(m): 6:17am On Mar 17, 2021 |
![]() 1 Like
|
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Shedrack777: 6:18am On Mar 17, 2021 |
no be lie |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by PAWG(m): 6:18am On Mar 17, 2021 |
Sheriman: ‘Seat’ Btw I think he’ll succeed Buhari but let’s wait and see 1 Like |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by MEGA4BILLION(m): 6:19am On Mar 17, 2021 |
Respect yourself |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by iceberylin(m): 6:19am On Mar 17, 2021 |
Bubu won't like this 1 Like |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Nobody: 6:19am On Mar 17, 2021 |
gfon: Let this communities come together and refine and sell their crude oil..... 1 Like |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Cooldiipo(m): 6:20am On Mar 17, 2021 |
![]() |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Shedrack777: 6:20am On Mar 17, 2021 |
merits:what will you do with space you booked. come to my shrine for deliverance |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Nobody: 6:20am On Mar 17, 2021 |
While the world is moving towards clean renewable energy, Nigeria is bent on embezzling oil money which we know will soon become obsolete. |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by RuddyFusion(m): 6:21am On Mar 17, 2021 |
Good one from osibaba |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by Felajack: 6:21am On Mar 17, 2021 |
My guy! |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by elmessiahs(m): 6:21am On Mar 17, 2021 |
if this will be fastracked to mitigate the impact of artisenal refinery on the environment. We deserve better in Niger Delta, because it's appauling to be hungry while you have food at your back yard. |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by sammyj: 6:21am On Mar 17, 2021 |
![]() |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by blackmantis: 6:22am On Mar 17, 2021 |
Is APC still campaigning? 1 Like |
Re: Osinbajo: Why We Are Promoting Modular Refineries, New Vision For Niger Delta by flexyrule(m): 6:23am On Mar 17, 2021 |
This is the only sensible man in this Buhari-led administration. 3 Likes 1 Share |
Revenue Generation: Kano Officials In Kaduna To Understudy El-Rufai's Model / We Must Do Everything Within Our Powers To End Insecurity, President Buhari / Atiku, PDP Govs Brainstorm On Party’s Future
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 31 |