NewStats: 3,261,025 , 8,172,931 topics. Date: Wednesday, 28 May 2025 at 05:26 AM 3t26676z3e3g |
Ojulari Unveils NNPC $60bn Investment Drive, Eyes 3mbpd Crude Production By 2030 (5823 Views)
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Great100000: 7:43am On Apr 19 |
Ojulari unveils NNPC’s $60bn investment drive, eyes 3mbpd crude production by 2030. Source: https://nairametrics.com/2025/04/18/ojulari-unveils-nnpcs-60bn-investment-drive-eyes-3mbpd-crude-production-by-2030/ 7 Likes 1 Share |
optimistfeel(m): 8:12am On Apr 19 |
FTC for the first time in 2025 I pray for mercy from God 🙏 Ojulari ore o denu🤔 carry on with your good deeds. 5 Likes 1 Share |
Iceiscold: 8:14am On Apr 19 |
Nice one
2 Likes |
CodeTemplarr: 8:14am On Apr 19 |
Working refineries?
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Eriokanmi: 8:14am On Apr 19 |
Backward thinking people. Better countries are eyeing massive reduction in emissions of free radicals by 2035 by massively wiping out petrol-enabled vehicles from their soil. Who com do Nigeria like this? I still can't believe Nigeria could be like this. All the indomie generations ing these leaders should pick a book of history and read about Nigeria of the past, especially from 70s to the early 90s. Or they have the opportunity to see how our politicians children are balling in with celebs. They'd stone the crop of leaders we have today instead of worshipping them. Those traveling out in that era did so for 2 major reasons...vacation and business trips. Only a few would go to the embassy for schooling abroad cos we were OK. Nigeria was being eyed by the entire world. As at 2004/2006, Canadian embassy was always dry at anifowoshe, VI where they used to process TRV while the Immigrant visa was being handled by their Accra office. Only a few would apply. Go to vfs manor house today, it's like an annual conference. Nigeria is messed up. Unfortunately, this generation that is badly hit by bad governance are the ones fighting for them. You can't drive from lagos-ibadan expressway in the night as in the past, when day travels aren't even safe anymore. With good leaders in place, all these nonsense won't happen. Lives don't matter to them. We used to have highway patrol team in prado jeeps back then. Nothing like that again and all these happened in the era of the military 6 Likes 2 Shares |
dibunotion(m): 8:14am On Apr 19 |
2027 no far na
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nairalanda1(m): 8:14am On Apr 19 |
Benefits of subsidy removal Which might have come earlier in 2012 or even 1993, or even 1988. Modified NO, I am not praising emilokan. he opposed subsidy removal in 2012. He had to remove subsides in 2023, because there quite frankly wasn't enough money to pay for them (and no, diverting yacht and cutting government money won't have paid for the whole thing. Maybe a few months, then that wouild be it). The thing about subsidy removal is simple. Subsides on refined products prevent profits being made on refined products. Plus government in Nigeria oftentimes has difficulty paying for subsides over the decades because the monies for subsides come from the same crude oil revenue...not from taxes on the populace as seen normally...and oil money cannot fund subsides adequately. Now that subsidy has gone, there is a chance profits can be made , especially since no more price controls. So, NNPC is launching investment drive. Of course, now we have the issue of falling oil prices, so investment may be hurt by that, regardless. 1 Like |
SUGARCyprian247: 8:16am On Apr 19 |
![]() All Achievements are being postponed to the future.. 🤣 One Minister told us years ago that Nigeria will start manufacturing airplanes by 2023!! Today Ordinary "Nigerian Air" is no where to be found, not to talk of Air craft Manufacturing. Nig Govt is arguably The Most Corrupt Government on Earth 1 Like 1 Share |
baralatie(m): 8:16am On Apr 19 |
Ok
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Brendaniel: 8:17am On Apr 19 |
Always planning to, this one Now they are planning for 2030 again, they have not fulfilled the ones they promised since 2015
2 Likes |
baralatie(m): 8:18am On Apr 19 |
In refining, the new GCEO outlined plans to expand Nigeria’s domestic refining capacity to 200,000 bpd by 2027, scaling up to 500,000 bpd by 2030. This is seen as a critical step toward achieving energy self-sufficiency and reducing reliance on imported petroleum products.
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baralatie(m): 8:19am On Apr 19 |
baralatie:This statement needs better clarification because it has some mis leading figures 2 Likes |
SmartPolician: 8:28am On Apr 19 |
Eriokanmi: It's not backwards. Oil and gas are still great avenues for generating money around the world. The thing is that it should be reinvested in critical industries like healthcare, power, education, technology and manufacturing. Once an economy is diversified, you are good to go! 2 Likes |
AJSfan: 8:33am On Apr 19 |
Eriokanmi:stop being delusional.. so because the world is going green, we should stopping tapping the liquid gold we have underneath... we are producing the oil to sell not use locally.. ask yourself why there is still a demand for oil by same countries championing going green? 7 Likes |
lexy2014: 8:40am On Apr 19 |
nairalanda1: what is subsidy? how do subsidies on refined products prevent profits being made on refined products? if you say "oil money cannot fund subsides adequately", other oil producing countries that still subsidise fuel, where are they getting funds to subsidise fuel? according to you..."Now that subsidy has gone, there is a chance profits can be made". who is going to make the profit? how has subsidy prevented anyone from making profit? "A chance..." why are you not certain? why is it "a chance"?
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nairalanda1(m): 8:41am On Apr 19 |
AJSfan: He is right. OIl is becoming irrelevant. I don't think it would become irrelevant by 2035...that is where i disagree with him....but the issue is, electric vehicles are becoming more and more ubiquitos in the developed world. And much better. In 2006, BYD's first electric car could go 150km without charging. Now they are considered better than tesla...which can do more than 150 on a single charge. But the scary thing is the concept of even more stronger batteries....and then there is the developments in nuclear fusion. Once it comes, oil is gone . We have to prepare for that no oil future yesterday, and it is a sad thing your government is not doing anything about it. |
nairalanda1(m): 8:42am On Apr 19 |
lexy2014: You must tap into your katra to defeat the Mortocks, young Sinmar. |
MARKETfund: 8:43am On Apr 19 |
AJSfan:You don't just insult people for the sake of it. That man obviously saw better days in this country and he's also still doing fine. Man is just worried for our generation and that of our children. You entirely missed the import of his post. Everything is not politics. Heck! |
ceejay80s(m): 8:43am On Apr 19 |
So we should sit and wait till 2030 ? Useless fellows... Since 1960 we have been waiting Make una continue to enrich urselves with our crude oil money, One day is one day |
nairalanda1(m): 8:46am On Apr 19 |
lexy2014: Young maglenine, you must preprare the fruits for lady Zaleen |
omoredia: 8:47am On Apr 19 |
They are still eying. Chai! If no be say nigerians are incredibly stupid our story would have been so different
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lexy2014: 8:47am On Apr 19 |
nairalanda1: You must tap into your katra to defeat the Mortocks, young Sinmar. what is subsidy? how do subsidies on refined products prevent profits being made on refined products? if you say "oil money cannot fund subsides adequately", other oil producing countries that still subsidise fuel, where are they getting funds to subsidise fuel? according to you..."Now that subsidy has gone, there is a chance profits can be made". who is going to make the profit? how has subsidy prevented anyone from making profit? "A chance..." why are you not certain? why is it "a chance"? 1 Like |
nairalanda1(m): 8:47am On Apr 19 |
lexy2014: Your husband will see you now, Lady Anastea Astarte. |
nairalanda1(m): 8:48am On Apr 19 |
lexy2014: I see that the birds have flown from this one's nest |
nairalanda1(m): 8:48am On Apr 19 |
lexy2014: Are you experienced in the ways of the Ladies of the Moon, young bannister? |
lexy2014: 8:49am On Apr 19 |
baralatie: how does the GCEO intend to "expand Nigeria’s domestic refining capacity to 200,000 bpd by 2027, scaling up to 500,000 bpd by 2030"? |
nairalanda1(m): 8:49am On Apr 19 |
lexy2014: Have you dipped into the famous Pool of Kalinariam, and drank of the waters of the Twelve sisters of Lam? |
ceejay80s(m): 8:50am On Apr 19 |
nairaLand649:U only ed this April to tell us this crap? Go to ur leaders , if u all can't come together to fight ur leader , then u can continue ur begging, Scammer |
Eriokanmi: 8:50am On Apr 19 |
AJSfan:You guys are the most-delusional beings I've ever seen. Why not invest on lithium technology instead of crude, since we also have the materials locally instead of flexing muscle on increase in the crude production capacity? I when abacha said Nigeria would earn low revenue, should we embrace GSM because Nitel would be no more. When ordinary Benin republic don dey use gsm, ATM too, we never even dream say we go launch ours. Today, they make baastard money from gsm revolution, employment sef plenty. What of the benefits accrued from it's use... they're uncountable. Read the below,Mr delusional. https://www.weforum.org/stories/2023/03/this-eu-law-will-require-all-new-cars-sold-to-have-zero-co2-emissions-from-2035 https://www.gov.uk/government/news/pathway-for-zero-emission-vehicle-transition-by-2035-becomes-law https://www.canada.ca/en/services/environment/weather/climatechange/climate-plan/2035-emissions-reduction-target/charting-course-high-level-description.html https://www.esgtoday.com/california-to-end-sales-of-gas-powered-cars-by-2035 https://ec.europa.eu/commission/presscorner/detail/en/ip_22_6462 happy reading 1 Like |
nairalanda1(m): 8:50am On Apr 19 |
lexy2014: DO you like the Jatra. ? Is it not a fine beast. |
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Pro-Biafra & Their Flag Pictured In Front Of Trump Tower In New York.
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