NewStats: 3,259,847 , 8,170,961 topics. Date: Monday, 26 May 2025 at 06:12 AM 4w2d33

BUA Group is constructing a 200,000 barrels per day petrochemical refinery in Akwa Ibom State, Nigeria.

The BUA group, Akwa Ibom Refinery is expected to kick off operations in 2024.
It is owned by Nigerian Businessman, Abdulsamad Rabiu.

Nigerians are pushing Direct Domestic Investment(DDI) as a means of bridging infrastructural gaps across economic sectors as govt continues to expand windows of private sector participation in the economy.

Seriously? Omoh, seems naija has woken up o. If Dangote's and this one can be functioning at maximum capacity without sabotage, then e remain make people dey jakpa come naija in the next few years. Jabagan is set to turn Nigeria to a functioning mega-Lagos

BUA actually sited the Refinery where there is oil to refine. Dangote sited it where there is no oil.

TheBillyonaire:
BUA actually sited the Refinery where there is oil to refine. Dangote sited it where there is no oil.

Dangote must have considered a lot of factors including security concerns. By the way, there's oil in Ogun and Ondo linking that axis directly to the Niger delta. Dey play

TheBillyonaire:
BUA actually sited the Refinery where there is oil to refine. Dangote sited it where there is no oil.

You're right, business is all about proper planning,

This is a nice development, ibaka deep sea port is the next, for easy export of the neighbouring countries.

lecowas:
Seriously? Omoh, seems naija has woken up o. If Dangote's and this one can be functioning at maximum capacity without sabotage, then e remain make people dey jakpa come naija in the next few years. Jabagan is set to turn Nigeria to a functioning mega-Lagos

is a Petrochemical refinery, for fertilizers and plastics.. Not PMS/DIESEL

meekparagon:



You're right, business is all about proper planning,

WITH ALL THE WISDOM AND PROPER PLANNING IN YOUR HEAD, HOW MANY PERCENTAGE OF DANGOTE'S NETWORTH DO YOU HAVE

meekparagon:
This is a nice development, ibaka deep sea port is the next, for easy export of the neighbouring countries.

Now I've really understood why Ibaka sea port is coming soon!

ruggedtimi:
is a Petrochemical refinery, for fertilizers and plastics.. Not PMS/DIESEL

Oh okay. It's also part of it. Should create hundreds of direct jobs and thousands indirectly. So it's a step in the right direction

I said it.

Very soon, AARano, Azman oil, Shafa, Elumelu, Otedola and Mike Adenuga would follow.

This is what we need in Nigeria, a conducive environment and right for more private industries to spring up. Investors need encouragement to be able to invest. The level of unemployment is at an alarming rate and skyrocketing on a daily, govt alone can't solve it. We all wish for the Country to get better 👍

ruggedtimi:
is a Petrochemical refinery, for fertilizers and plastics.. Not PMS/DIESEL

Oga it's for PMS and co.

Even during interview yesterday with Rabiu, he made it clear that the refinery will be able to produce 200,000 barrels of fuel daily, which 32.5m litres per day.

Confirm before your response

meekparagon:




Oga it's for PMS and co.

Even during interview yesterday with Rabiu, he made it clear that the refinery will be able to produce 200,000 barrels of fuel daily, which 32.5m litres per day.

Confirm before your response

bt it is stated petrochemical unless na the op made a mistake

Good news for the people of Akwa Ibom and Nigeria in general. Akwa ibom Ayaya!

Shown us the picture of the refinery as it progresses. Don't pick pictures from internet and display.



@Meekparagon.

Please am in akwaibom. There's nothing like any BUA refinery in akwaibom. It's only a proposal we keep hearing every year . I don't even think they have gotten a location yet. Same with the so called deep seaport. Which is over 15yrs now yet nothing on site.

meekparagon:
BUA Group is constructing a 200,000 barrels per day petrochemical refinery in Akwa Ibom State, Nigeria.

The BUA group, Akwa Ibom Refinery is expected to kick off operations in 2024.
It is owned by Nigerian Businessman, Abdulsamad Rabiu.

Nigerians are pushing Direct Domestic Investment(DDI) as a means of bridging infrastructural gaps across economic sectors as govt continues to expand windows of private sector participation in the economy.

What's the update on Bua refinery sef?

TheDemola:

What's the update on Bua refinery sef?

Jcomtrader:

Send me more pictures abeg

meekparagon:
BUA Group is constructing a 200,000 barrels per day petrochemical refinery in Akwa Ibom State, Nigeria.

The BUA group, Akwa Ibom Refinery is expected to kick off operations in 2024.
It is owned by Nigerian Businessman, Abdulsamad Rabiu.

Nigerians are pushing Direct Domestic Investment(DDI) as a means of bridging infrastructural gaps across economic sectors as govt continues to expand windows of private sector participation in the economy.

up Nigeria

How nice

Jcomtrader:

I believe it is nearing completion now and the seaport?

Can he still start production this year??
I am in doubt because we haven't heard much from him concerning it this year!