Why Nigerian Refineries are always broken

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For decades, Nigeria's refineries have been a source of massive expenditure and frustration. Since 1999, the country has invested a staggering $25 billion in maintaining and rehabilitating its four major refineries, yet they remain largely ineffective. Despite numerous promises from different administrations, the refineries continue to operate below capacity, with reports of combined losses amounting to hundreds of billions of naira. Former Petroleum Minister Ibe Kachikwu highlighted poor management, corruption, and ineffective maintenance as key issues, while recent statements from the current Minister of State for Petroleum Resources revealed premature announcements of progress. The Dangote Refinery, set to significantly boost Nigeria’s fuel production, raises the question: why continue pouring money into failing refineries instead of investing in new, efficient ones? Watch as we uncover the ongoing saga of Nigeria’s refinery woes and what it means for the country's future.
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Опубликовано:

16 сен 2024

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Комментарии : 67

@jeday5128 10 дней назад

I’m hearing so much billion Naira, it’s giving me a headache..smh.

@aibuedefeisrael2045 9 дней назад

U nor hear well ooh na billions in dollar ooh hmmmm dem dey finish us

@yungdkay1008 8 дней назад

25 Billion of dollars spent in 10years to bring back life to the refineries The truth is that they spent less than 5% of that money That's just the sad truth

@mercydaniel5607 10 дней назад

I am just tired of this country called Nigeria 😢😢😢

@olayinkaadeleye3134 10 дней назад

These refineries should have been left as sold in 2007. The sale reversal was wrong.

@idrisajibola 9 дней назад

With all this money could the country not have sponsored brilliant Nigerians in different engineering / technology courses and repatriate them back to Nigeria to take charge of all the maintenance and management of all this infrastructures?

@animaluchisommicheal7622 9 дней назад

Story telling at its finest. The intro alone completely captivated my attention!

@vetnamkaliba9269 10 дней назад

It's seriously annoying to see very inept leaders only in Africa. The annoying part is, they knew how bad managerial skills they got, they don't fuxkin care about the country they claimed they loved. Talking without facing the problem as citizens won't change because they're not willing to change. Bangladesh drove their PM away, 30 million Nigerians walking towards presidency, Nigeria's soldiers can't do anything. We need that massive action and come out in millions. The last protest was as weak as hell. 20 thousands protesters can't scared them

@honestfriend767 10 дней назад

The problem is the tribalism. The pit us against each other making it easy for them to win.

@yungdkay1008 8 дней назад

Lol it's not tribalism What about the state government why aren't they good, is it tribalism also. The problem of Nigeria is Nigerians and tribalism is just tertiary issues. Nigerians and corruption are 5&6

@BroKingsleyNUzoma 10 дней назад

Mr Jude if we try to rebuild a new refinery it would never get completed because of the Nigerian factor(corruption and sabotage)

@honestfriend767 10 дней назад

Exactly we will go from 4 refineries that are used to siphon money to 5 refineries that are used to siphon money what kind of change is that?

@donaldmonamo5684 10 дней назад

Nigeria is not a country i keep saying this and people are still giving birth to plenty children here i wonder what their future will be like,its sad we live in a country of greed and shamelessness from the political class down to the citizens everyone is just too selfish,get out of this country and find your peace,home is not where you come from,home is where you fined peace... political class is making the Comon man poorer by the day and everyone is just walking normal kaaaaiiiiii

@uromvictor 9 дней назад

Its not a hard question people are eating the money. Its not rocket science.

@ekiti 8 дней назад

Nigeria Go Survive 🎉❤

@hao_9388 10 дней назад

Nigerian government needs to do what’s best for Nigeria? Tinubu do what’s best for Nigeria? 😭

@MrIbadanBoy 10 дней назад

Everything billion billion billion

@mattbilly4304 10 дней назад

This can only be Jude😂

@sydneychukwukelu 10 дней назад

They should sell the Kaduna refinery for scrap

@hao_9388 10 дней назад

Absolute crime scene, but once you pump so much money into something you’re almost bound to see it to the end

@joshuaomani531 8 дней назад

It's foolishness that will not make the refinry work. Second wickedness and corruption

@mosesnebechukwu6589 10 дней назад

Nigeria is crime scene

@artsbyoba 9 дней назад

Everyone needs to see this

@edoziengwu 7 дней назад

This is heartbreaking. Close these refineries

@idehenreosas3969 8 дней назад

After people go say:'Nigeria ti gbo gbo wani,..'😂😂

@deanadewunmi3514 9 дней назад

Generally the mindset of many nigerian is believed once you throw money to a problem it will solve money don't don't solve problems quality people in any society makes things happen. We are in short supply of quality people in all area especially in governance

@ObjectiveObserver-xh4vk 9 дней назад

It is a deliverste avenue for looting. Period!

@Lambertdekhant 10 дней назад

When the president is a crook, the supreme court judges are crooks, the army heads are crooks how to expect something good for Nigeria?

@austynworldinc3455 7 дней назад

You're just another senseless obidiots, our refineries started dying when obasanjo was in power and went on with good luck and let me guess which party was that "PDP" Same PDP your precious messiah obi once belongs to, and here's where you'll tell me obi wasn't the president yen yen yen.

@PETERAJUA 9 дней назад

Corrupt politicians stopped stealing

@SuperMyckie 10 дней назад

Check who is benefiting from the refined oil from Malta

@ObjectiveObserver-xh4vk 9 дней назад

Oga at the top in Aso Rock.😂😂

@CuriousConnoisseurs 10 дней назад

The question i ask myself: IF now suddenly the nnpc now suddenly holding a share of Dangote refinery then they will also do there some criminal stuff i assume.

@udeagbalachike2808 6 дней назад

Jude my guy. So proud

@pharmphresh 6 дней назад

We are a doomed nation. Nothing works in Nigeria. It almost seems like a curse was laid on the entire nation

@malama_ka_aina 10 дней назад

Well done, Jude. If we can find patriotic young people to take over when the old guard go away, we have a chance. Those old goats believe that Africa is not worth saving. That's why they treat us like their colonial forefathers. Anyway, it's interesting seeing Nigeria happening to even Dangote. I hope in my lifetime I can see our true potential.

@aibuedefeisrael2045 9 дней назад

Why will it not always b broken when NNPC doesn't want it to work so that they can still keep on important fuel from out in other for dem to be able steal. Na mak dem almost burn d one way one try open their yash.

@WorlTramp 10 дней назад

Government is not the solution to our problem; government is the problem Ronald Reagan

@ChukwuebukaEleogu 10 дней назад

This country is absolute fuckery We don't have a country anymore

@RealTalksWithSam 10 дней назад

They're not gonna like this

@chibofred-vn5jz 10 дней назад

Corruption! Corruption!! Corruption!!!

@ikemfabian3197 10 дней назад

Buhari looted this Nation, now Tinubu is about to do worse... This country will bleed hard before 2027. If you understand investigative journalism you will know it is over for this country. There's no hope Write it down I said so