@amayomaxwell Look at how seriously he sat there and started spinning inaccurate information, all dressed up in Agbada oo. 😂 The level of ignorance from these set of Edo State current administration leaders is truly on another level!
SEYI MAKINDE RAISED THE SAME MATTER THAT I HAVE BEEN PLEADING WITH THE FGN TO EXECUTE SINCE 2023
SUBSIDISED PRODUCTION PRICING MODEL.THE SAME MODEL ADOPTED BY SAUDI ARABIA
THE NNPC LTD AND DANGOTE REFINERIES ARE CURRENTLY FLEECING NIGERIANS THROUGH THEIR OBNOXIOUS ROCKET AND FEATHER PMS PRICE ADJUSTMENTS MECHANISM..
NMDPRA IS TIED UP BY THE CRIMINAL INSERTIONS IN THE PIB , THUS, HINDERED TO DO ANYTHING TO STOP THIS FLEECING....
I WISH TO SHARE MY CREATIVE SOLUTIONS AGAIN👇
I wrote the article below on July 2, 2023. I MODIFIED IT AGAIN IN 2024 AND MARCH 9, 2026...
TODAY, SEPTEMBER 5, 2026, I AM sharing it again for the benefits of those, who honestly desire to see Nigeria fixed ...PROVERB 25:5 IS THE LOT OF NIGERIA TODAY....
All over the sane world, what is subsidised is production and not consumption...
💢TRANSPARENTLY SUBSIDISING DOMESTIC CRUDE OIL REFINING AND WHITE PETROLEUM PRODUCTS PRODUCTION IN NIGERIA ...
✍️The greatest impediment to creativity, production and support of honest entrepreneurship in Nigeria is the massive public sector corruption....
✍️Nigeria has three refinery complex with combined refining capacity of 445,000 barrels a day that is dormant and refining nothing...
✍️The refineries are:
1. The Port Harcourt refinery comprises two units – the old plant 60,000bpd and the new plant (150,000bpd):
2. The Warri refinery has a capacity of 125,000bpd
3. The Kaduna Refinery with a 110,000 barrels per day refining capacity...
✍️Between 1993 to 2025, Nigeria has wasted over $17billion to $25billion on failed Turn Around Maintenance Programs on those three refinery complex with no success in sight .
✍️ These are brand new three refineries, that were built over a combined period, that spanned 24 years [ 1962 to 1986], between 3 Heads of State [ Gowon, Obasanjo and Babaginda]
✍️Kindly recollect that in March 2021, the Federal Executive Council approved $1.5 billion for the rehabilitation of the Port Harcourt refinery. The Federal Government said the rehabilitation contract was awarded to Tecnimont SPA, an Italian company, and the refinery would be rehabilitated in about 44 months.
✍️In August 2021, FEC approved $1.48 billion for the rehabilitation of the Warri and Kaduna refineries. $897 million would be spent to repair the Warri refinery, while the Kaduna refinery will gulp $586 million.
✍️The contracts were awarded to Messers Saipem SPA and Saipem Contracting Limited and the refineries will be rehabilitated in three phases of 21, 23 and 33 months respectively.
✍️kindly note that Melee Kyari and co, just like I predicted in 2021/22,wasted and misappropriated the whole $3billion without the Refineries working
✍️In 2026. President Tinubu rather than take the creative and more pragmatic steps of unbundling and Restructuring the ownership, operation and management the NNPC, so as to enable it run like the PETROBRAS AND NLNG, has once again like Buhari, caved in to the wrong counsels of these guys , who leech on our common patrimony, by approving another NNPC waste jamboree of $2.5billion with the Chinese. Any revamp works with NNPC still under the existing public sector corruption chokehold will never work .
✍️To build a brand new 160,000 barrels per day [8million/tons per annum] capacity refineries w equipped with catalytic cracking, vis-breaking, and gasoline units to yield upto 55% of gasoline from a barrel of crude processed with cost about $6billion ...
✍️Kindly note that out of this projected N6billion cost outlay, the very high proportion of “offsites” (production of utilities, storage, receiving and shipping facilities), represents almost 50% of the cost of such refinery..[ these facilties already exist in the existing refineries in Warri and Portharcourt
✍️Without sentiments, the Kaduna Refinery which is located far away from heavy crude supplies and looking at modern refinery technology in place today is way obsolete, unprofitable and should be scrapped
A President and the Endless Question of His Past
As a citizen of no other country, who has never sought foreign citizenship even when doing so became fashionable, my loyalty to Nigeria and my faith in her destiny remain unshaken.
Yesterday, 30th of August, being Sunday, I fervently prayed for our nation and for those entrusted with the solemn responsibility of leadership. I found myself deeply saddened by the direction in which our country is heading.
It is profoundly embarrassing that we have reached a point where a sitting President is asking a foreign court to withhold records concerning his past, particularly records relating to matters of legitimate public interest.
Leadership, in my humble view, demands the courage and humility to confront one’s history — to acknowledge mistakes, provide candid explanations where questions arise, and, where necessary, apologise and seek forgiveness. True authority is strengthened, not diminished, when a leader accepts responsibility rather than seeks to shield uncomfortable aspects of the past from legitimate scrutiny.
This becomes particularly important when questions concern educational credentials. Issues surrounding foundational schooling — primary and secondary — should not remain unresolved or be addressed primarily through legal proceedings. Nigerians deserve clear, credible, and verifiable explanations, especially when such had been submitted in the past.
My deepest concern is the example this sets for more than 200 million Nigerians, particularly the over 30 million young people in schools. The nation’s highest office should exemplify integrity, accountability, transparency, and ethical leadership.
An imperfect past is part of the human condition. What matters is the willingness to confront it with humility, honesty and deep apology, to make amends where necessary and, when circumstances so demand, to place the interests of the nation above personal ambition.
When will our political class fully appreciate that individual ambitions are temporary, while the nation endures? The Presidency is an office held for a season; the moral standards established by those who occupy it can influence generations.
Nigeria is greater than any one person, and the integrity of the Republic must always come before the interests of the individual.
A New Nigeria is POssible. -PO
@cnwanyemike But not in Nigeria. Until we have a constitution that makes it mandatory for every corrupt leader found guilty of stealing public funds to face the strongest possible punishment under the law, forget it nothing will ever change.
They inherited a country full of potential and opportunities, yet through greed, corruption, selfishness, and incompetence, they left behind a nation that is struggling to survive. The painful part is that we are still paying the price for their failures today.
I won’t lie, the older generation of this country, Nigeria 🇳🇬, are the most useless set of human beings to have ever existed in the history of the human race.