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Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 - Politics - Nairaland

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Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by lexylaw09: 8:47am On Jan 16
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.

5 Likes 2 Shares

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by lexylaw09: 8:50am On Jan 16
Good for a healthy competition , if its not ready this yeaŕ then it will surely come later. And I heard an American refinery is coming soon

5 Likes

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Oblitz(m): 8:53am On Jan 16
Good one

1 Like

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by aieromon(m): 8:56am On Jan 16
lexylaw09:


The BUA group, Akwa Ibom Refinery is expected to kick off operations in 2024.


Nothing on ground suggests that this is feasible.

5 Likes

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Nackzy: 9:18am On Jan 16
Nice one but who go employ us were no get connect
Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Seunpapa65: 9:21am On Jan 16
Good competition is allowed
Everyone wants a better Nigeria

2 Likes 1 Share

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Phantom233: 9:40am On Jan 16
Tell the person who wrote this rubbish to show you a picture of the construction site for the BUA refinery that is set to commence production in 2024. Na so una take do audio sea port for over 10yrs now but not a single thing is done. BUA is only planing to setup a refinery, there's nothing tangible on ground yet so stop the lies.

6 Likes

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by TruthsFM: 9:42am On Jan 16
Wow that’s great

2 Likes

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Paragon311(m): 9:45am On Jan 16
Sharing prototype of the refinery isn't that it will be ready in 2024.

Give detailed information of the Refinery.
Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by G00dharddick: 10:01am On Jan 16
Let the competition begin. Otherwise dangote will reap Nigeria off

2 Likes

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by lexylaw09: 10:32am On Jan 16
Phantom233:
Tell the person who wrote this rubbish to show you a picture of the construction site for the BUA refinery that is set to commence production in 2024. Na so una take do audio sea port for over 10yrs now but not a single thing is done. BUA is only planing to setup a refinery, there's nothing tangible on ground yet so stop the lies.
I understand its either you don't have data on your phone to carry out a simple indepented research , or maybe you are such an illiterate, or it could be that you are never happy about any good news and besides , this was written by BUA Group of companies, so you can go and attack them ... but still i will help. Not because of you but because of other well meaning Nigerians .


https://www.youtube.com/watch?v=XNDBrurSUeM?si=VESFxhIN3ps8xKd5

5 Likes 2 Shares

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by lexylaw09: 10:38am On Jan 16
Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by commoditiesnig: 10:46am On Jan 16
Very good news

1 Like

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Bobloco: 11:15am On Jan 16
aieromon:


Nothing on ground suggests that this is feasible.

Fact!

1 Like

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Phantom233: 11:36am On Jan 16
lexylaw09:
I understand its either you don't have data on your phone to carry out a simple indepented research , or maybe you are such an illiterate, or it could be that you are never happy about any good news ... but still i will help. Not because of you but because of other well meaning Nigerians .


https://www.youtube.com/watch?v=XNDBrurSUeM?si=VESFxhIN3ps8xKd5
You're an insane man. I am an indigene of the state. There's nothing tangible on ground so stop telling stupid lies. The refinery is only a project that was scheduled to kick start two years ago. For now there's nothing tangible on ground. You can't sit in your room and know everything with free data. Go to the site and give us update if am wrong.

3 Likes 1 Share

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Paraman: 11:38am On Jan 16
lexylaw09:
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.
Fake news
Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Ofemannnu: 11:52am On Jan 16
Good.
What about the one in Ogun state,Petrolex.
Has it been abandoned?
The plentier,the merrier for succour to Nigerians.
Competition brings out the best.
Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by lexylaw09: 12:01pm On Jan 16
Paraman:
Fake news
you said worst about Dangote and Port-Harcourt refineries

3 Likes

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by lexylaw09: 12:03pm On Jan 16
Phantom233:

You're an insane man. I am an indigene of the state. There's nothing tangible on ground so stop telling stupid lies. The refinery is only a project that was scheduled to kick start two years ago. For now there's nothing tangible on ground. You can't sit in your room and know everything with free data. Go to the site and give us update if am wrong.
you this idiot from a God forsaken hateful hell.. pls whats my own with this. This is what the BUA have published and not me. I know it may be delayed but it will surely happen. But may it be unto you as you wish for my beautiful country Nigeria.

4 Likes

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Alaigbo(m): 12:11pm On Jan 16
Bro not to sound antagonistic but there is not single site photo of BUA refinery in the two link you provided.

I watched carefully n saw non, I even saw the on site construction of it sugar refinery situated in Kogi but nothing not even a single photo of the construction site or ongoing construction of the BUA Petrol refinery.

If you have that pls share.


lexylaw09:

https://www.youtube.com/watch?v=h9BPVzxI8lM?si=4IrxO2gWYkkIfgVi

1 Like

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Alaigbo(m): 12:23pm On Jan 16
Baba leave all this talk let's have on site photos like we saw severally of Dangote Refinery before it started production.

Na like this the Pandora Criminal Peter Obi claim he invested billions of anamabra commonwealth into Oriet petroleum 14 years after commissioning we can not find any refined product by Orient Petroleum or even locate where the refinery is situated.



lexylaw09:
you this idiot from a God forsaken hateful generation..we know who you are. But may it be unto you as you wish for my beautiful country Nigeria.

1 Like

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by lexylaw09: 12:31pm On Jan 16
Alaigbo:
Bro not to sound antagonistic but there is not single site photo of BUA refinery in the two link you provided.

I watched carefully n saw non, I even saw the on site construction of it sugar refinery situated in Kogi but nothing not even a single photo of the construction site or ongoing construction of the BUA Petrol refinery.

If you have that pls share.


it will surely come to light..it's a mater of time , if not this year as announced. It will surely come later. But the good news as far as I'm concerned is that Dangote Refinery already have a competition as per the Port-Harcourt refinery and BUA refinery a private refinery is joining the competition. And I believe that should be a welcome news to everyone. So as to force down the prices of refined products.

I wonder y all this hate.

1 Like

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Paraman: 12:44pm On Jan 16
lexylaw09:
you said worst about Dangote and Port-Harcourt refineries
Can you provide evidence I said worst thing about Dangote and PH refinery? The construction of BUA refinery have not even start
Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by aieromon(m): 1:01pm On Jan 16
Alaigbo:
Bro not to sound antagonistic but there is not single site photo of BUA refinery in the two link you provided.

None exists anywhere. BUA actually commenced forest clearing but had to suspend work because of disagreement between warring communities over ownership of Stubbs Creek Forest Reserve.

https://independent.ng/disputed-land-ekid-community-issues-quit-notice-to-bua-refinery/

https://www.vanguardngr.com/2021/12/a-ibom-community-vows-to-defend-bua-refinery-against-attacks-from-neighbours/

https://guardian.ng/news/ekid-people-drag-bua-others-to-court-for-encroaching-on-stubbs-creek-forest/


https://www.youtube.com/watch?v=N39bjFjQ3ik?si=JdWIXLvwJeBLoGnE
Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Phantom233: 1:01pm On Jan 16
lexylaw09:
you this idiot from a God forsaken hateful generation..we know who you are. But may it be unto you as you wish for my beautiful country Nigeria.
Mumu, go to the site and give us update not all these nonsense propaganda google videos. The proposed BUA refinery is a only a welcome project but, there's nothing tangible on ground yet.

2 Likes

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Gboss247(m): 1:28pm On Jan 16
lexylaw09:
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.
Wrong investment, electric cars don't need oil refineries.
Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by Urgent1Million: 5:36pm On Jan 16
200,000 bpd Vs 650,000 bpd.
Indeed in 2024, no gree for anybody!!
Go, BUA go!!

1 Like

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by myai42545: 7:07pm On Jan 16
lexylaw09:
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.
Na true talk be dat o! 🙌 BUA Group dey show us how e suppose be. Dem dey invest for Nigeria, create jobs, and boost our economy. Dem be real MVPs! 🇳🇬🚀
#AkwaIbomRefinery #BUAGroup #DDI

This reply was generated by AI

1 Like

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by PHAYOL81: 10:37pm On Jan 16
With this, Dangote refinery and PH refinery all coming on stream, the country would have massive capacity to fulfil our petroleum needs and still export enormous proportion to respectively ease the pressure on FX and even generate more FX to improve the value of naira vis-a-vis our GDP.

THE FUTURE IS BRIGHT INDEED

GOD BLESS NIGERIA

WE RISE!

1 Like

Re: Competition: The BUA Group, Akwa Ibom Refinery Is expected To Kick Off In 2024 by aieromon(m): 6:17pm On Feb 18
The land battle continues.....

The Ekid Peoples Union, EPU, in Akwa Ibom State, comprising Eket and Esit Eket, has called on BUA Petrochemical Refinery Limited to meet with stakeholders of the host communities to address nagging issues before commencement of operations.

Addressing a press conference in Eket on Saturday, the President-General of EPU, Dr Samuel Udonsak, said although the Akwa Ibom State Government was aware of the entrance of the company, it was also expedient for the company to meet with the land owners for proper discussions and agreement.

He said although Ekid people are not allergic to development, it was an affront for their forest reserve to be taken from them by the state government without following due process, saying the people would take every necessary step to stop them even as they have taken the case to court.

According to him, “the manner our land was taken was wrong and oppressive. We would have gotten the compensation if the acquisition was for overriding public interest and for the development of the community.

“In the first place the acquisition is not for overriding interest. Government and BUA have to do the needful, they need to sit with the owners of the land and do the needful. What happens to our flora and fauna?” He queried.

Also speaking, the Secretary-General of EPU, Barr Dan Abia, admitted that the state government had earlier attempted to give them compensation for their land taken, noting that that is not what Ekid people want.

He said all they were asking for was for the state government to follow the prescriptions of the law for land acquisition and for them to sit on a dialogue table with the investing company to spell out their terms and conditions especially on the preservations of their flora and fauna.

Abia lamented over what he described as “lots of illegal acquisition in the Stubb Creeks of their forest reserves” noting that Ekid union will no longer allow such to continue under the guise that all lands belong to the government.

He observed that the Akwa Ibom State Government had flouted its ordinance by giving out a forest reserve to a company to build a permanent structure.

His words, “That place is a forest reserve established by ordinance and you have no right to put up a permanent structure, only rights of fishing, tapping palm wine, even the government has violated the law it put in place.

“We have a lot of illegal acquisition going on the stubb creeks of the forest reserves. Sometimes I hear people say government land, there is nothing like government land; rather lands are vested on the governor and there is a process of acquisition. Government can only acquire land for one purpose according to section 44 of the Constitution and section 22 of the Land Use Act which is for overriding public interest.

“It is wrong for the government to acquire public land, convert it to private land and give it to a private individual. That’s not for overriding public interest. How can a private company (BUA) come into a community without sitting down with the owners of the land?

“We sat down one day and received a memo from the state government that they will pay compensation to us, compensation for what? The prescription of the law is that you give us notice of your intention to acquire and state the purpose of the acquisition and that purpose has to be overriding, then upon acquisition you give us another notice of acquisition by gazetting, thirdly you pay adequate and prompt compensation, fourthly, you allow us access to the court if we disagree with the first three prescriptions.

“These were not done, the government just sat down and issued Certificates of Occupancies to private companies whose only purpose is to make money, there is no proof that the government has any percentage share in BUA company. This is a clear case of modern day slavery and robbery. We are in court presently and cannot allow that to happen.”

https://dailypost.ng/2024/02/18/akwa-ibom-meet-landowners-before-commencement-of-operations-ekid-people-to-bua/

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