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Mission Incredible: Nigeria To Invest US$2.68 billion In Indonesian Refinery Deal

By Sahara Reporters, New York

[Citizens’ interest is the first business of any government but it seems Nigeria is hell-bent to work against the interest of its own citizens at every turn.  As Nigerians are being pushed deeper into poverty by the plan to “remove oil subsidy” for the umpteenth time – a plan surreptitiously dropped on hapless Nigerians by Economy Doctor, Mrs. Iweala at her first press briefing weeks ago, “we are all agreed that subsidy …”, here comes another whammy.   I think it’s pretentious for anyone to think Nigerian governments, especially since General Obasanjo to his anointed Dr. Joonathan have any interest in improving the lives of citizens of this country.  This essay, thanks to SR’s ever-vigilant antenna, confirms our worst nightmare of the economy ever being anything except to enrich a few. Nigerians must rise and say ‘no’ to this Road to Slavery.  TOLA ADENLE]

Nigeria is to sink a staggering US$2.68 billion in the construction of three oil refineries in faraway Indonesia, The Jakarta Post reported today.

The newspaper was told by Panggah Susanto, a director of the Ministry of Industry in that country, that Nigeria had been looking for a partner to refine its crude oil, and both countries agreed [for that purpose] to build three refineries in Indonesia. “Previously they wanted the refineries to be built in Nigeria,” Susanto said of the Nigerian counterparts. “However, as Indonesia is currently improving its downstream industry, Indonesia wanted the refineries to be built here instead.” Apparently, they got their will.  According to the director, “State firm PT Pertamina will buy the crude oil from Nigeria and process it here.”

 It is unclear why Nigeria has chosen to refine its crude abroad, and the matter appears to be shrouded in secrecy.  The Nigerian people have not been informed of the deal, or about how it will benefit them.  The current Nigeria government is fraught with policy hiccups.  Only last month, the Nigerian president, after a meeting with Mr. Jai-Seong Lee, the president and chief executive officer of South Korea’s Hyundai Heavy, announced that the company, the world’s largest shipbuilder, would build a multi-billion shipyard in Bayelsa State that would create thousands of jobs.  The following day, Hyundai Heavy denied any such arrangement.

Sheer insanity!

Submitted by tola adenle on October 13, 2011 – 05:57. [Sahara Reporters]
The PDP – to which Dr. Jonathan not only belongs but is the most important member as Nigeria’s Head of State right now, will destroy whatever is left of the self pride and dignity of a once proud people as they are gradually reduced to serfs/slaves.  Tears to shed for this country have long run dry.  emotanafricana.com
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3 Comments on “Mission Incredible: Nigeria To Invest US$2.68 billion In Indonesian Refinery Deal”

  1. Segun Ayodele Says:

    Dear madam, you can be sure this is a fact. We do not have a government in Nigeria, only figure head. You can be sure there is a hidden deal somewhere along the line that will come to fore very soon. We are a cursed nation. Whoever mutted that idea needs his head re-examined. PERIOD!!!!!!!

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    • emotan77 Says:

      Mr. Ayodele, I concur. It may not be a bad idea to consider Aro Mental Hospital for the originator of this insane idea. I think somebody did suggest that top political office holders – or such – be mentally examined before being given political power in Nigeria. Imagine what over $2.5 billion would do to the Nigerian economy. Right now, I’m around a community in Southwestern Nigeria where, on any given day, there are scores of young men of around 20+ years old – roaming around. Most have at least high schools while quite many have up to first degrees/HND. A handful of the latter group even go to job sites to carry building blocks, etcetera. One sells phone cards and by 9.00 a.m., there are never less than THREE other young men keeping him company, chatting their frustrations – and lives away.

      I’m sure it’s a common scene all over Nigeria. And to think someone would dream up this insane idea of taking thousands of jobs to Indonesia – that’s what over $2 billion of investment to a country that was once like Nigeria but has shaken off the permanent cries of colonialism – would do to Indonesia’s economy. Another insane idea of removing a phantom subsidy has the imprimatur of our new Masters, The World Bank & Donor Agencies/Countries.

      Like “the voice of one crying out in the wilderness”, Soyinka recently warned of the possibility of “violent change” the way things continue to go in Nigeria. Will Jonathan’s government heed this warning and the cries of others about the grinding poverty in Nigeria?

      Of course, Mr. Ayodele, any Nigerian who knows how things work in Nigeria would agree with you that there’s a “hidden deal somewhere”. Thanks, as always for always stopping by. TOLA.

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    • emotan77 Says:

      I concur. It may not be a bad idea to consider Aro Psychiatric Hospital for the originator of this insane idea. I think somebody did suggest that top political office holders – or such – be mentally examined before being given political power in Nigeria. Imagine what over $2.5 billion would do to the Nigerian economy. Right now, I’m around a community in Southwestern Nigeria where, on any given day, there are scores of young men of around 20+ years old – roaming around. Most have at least high schools while quite many have up to first degrees/HND. A handful of the latter group even go to job sites to carry building blocks, etcetera. One sells phone cards and by 9.00 a.m., there are never less than THREE other young men keeping him company, apparently chatting their frustrations – and lives away.
      I’m sure it’s a common scene all over Nigeria. And to think someone would dream up this insane idea of taking thousands of jobs to Indonesia – that’s what over $2 billion of investment to a country that was once like Nigeria but has shaken off the permanent cries of colonialism – would do to Indonesia’s economy. Another insane idea of removing a phantom subsidy has the imprimatur of our new Masters, The World Bank & Donor Agencies/Countries.
      I read a comment recently although it was not apparently meant to be taken that seriously but by Jove, it could happen: if a slave ship docks at Apapa in Nigeria of 2011, able bodied and well-educated Nigerians would fill it up in a matter of minutes to escape the grinding poverty in Nigeria. What a sad commentary on a country whose wealth is so vast that governors, and other looters who are forever undergoing charades of “trial” by “anti-corruption” agencies know it’s all for show – have their stolen billions awaiting them here and abroad.

      Like “the voice of one crying out in the wilderness”, Soyinka recently warned of the possibility of “violent change” the way things continue to go in Nigeria. Will Jonathan’s government heed this warning and the cries of others about the grinding poverty in Nigeria?
      Of course, Mr. Ayodele, any Nigerian who knows how things work in Nigeria would agree with you that there’s a “hidden deal somewhere”.

      Thanks, as always for always stopping by. TOLA.

      Like

      Reply

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