NNPC and Refineries Are Not Working Because of Corruption -Obiaraeri / Kaka

  Рет қаралды 28,639

Arise News

Arise News

23 күн бұрын

Nobody is sabotaging the Dangote refinery; the problems are fundamental. For refineries to work, there must be institutional reforms.
Dr. Nnaemeka Obiaraeri, Development Economist
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Пікірлер: 144
@chukaobiakor4942
@chukaobiakor4942 22 күн бұрын
Dr Obiaraeri never fails. Getting Nigeria to work is not rocket science. All we need is the right people at the helm of affairs.
@martinsiloh704
@martinsiloh704 22 күн бұрын
IMF and WORLD BANK ONLY JOB is to ensure countries with potentials is economically destabilized so they never grow. No country has ever implemented IMF policy and did NOT throw their people into Abject poverty and then political submission of their leaders to the USA GOVERNMENT and loss of their national assets to USA elitist corporation . That's the goal of this Neo colonial organization. The maximum interest rate ever implemented in the west are all below 10%
@mykealex6303
@mykealex6303 22 күн бұрын
Am Hausa, but just Look how brilliant and intelligent this dr. Obiareri , and so many other Igbo I have listened to, pls give Igbos the chance to run this our economy, give them the chance to run this country,,, da Allah, what is wrong with this country.....😢😢
@abdulkadirmohammed770
@abdulkadirmohammed770 22 күн бұрын
Hausa man , who is the hausa person preventing the igbo's not to run ? maybe you're not in the country during the last election cycle in Nigeria to see that the three so called major tribe in Nigeria contested Hausa, Igbo and Yoruba so no one is preventing any tribe to contest and no any tribe is holding power to handover to any other tribe. We're practicing democracy bro.
@nelsonemmanuel900
@nelsonemmanuel900 22 күн бұрын
​@@abdulkadirmohammed770you are not sincere and fair in your comments am sure you are part of Nigeria s problem this country needs redirections maybe you are very happy not going back to your community but perpetually stay in Abuja or Lagos, don't worry they are spreading it will get to you.
@mykealex6303
@mykealex6303 22 күн бұрын
@@abdulkadirmohammed770 was is not our Hausa professor that prevented the right thing form being done during the last election? Was it not our hausa brother buhari that encouraged our Hausa professor to do that? So what are u talking about.
@mykealex6303
@mykealex6303 22 күн бұрын
@@abdulkadirmohammed770 if the Igbos finally leave Nigeria,, it is finished, Nigeria is finished, continue to practice your democracy until the Igbos finally leaves, then we will know what is left of Nigeria.
@chukwuemekanwaneri1753
@chukwuemekanwaneri1753 22 күн бұрын
My brother they know igbo man is capable,but sentiments.Dr.Obiereri thank you so much.
@ChimaChindaDev
@ChimaChindaDev 22 күн бұрын
The second guy Abba Kaka or so should not have been invited to this interview. He's a politician who's looking for favours from the government and he's part of the problem. We need people who can boldly say the truth. Well done Dr Obiaraeri - you spoke with intelligence, boldness and truth.
@ademolajayeola9846
@ademolajayeola9846 19 күн бұрын
Dr Obiaraeri is G.O.A.TED any day any time. I so much rep the man.
@ikegoduzor5362
@ikegoduzor5362 22 күн бұрын
This guy Obiaraeri is too much full of wisdom and God giving knowledge
@petercleveronyenso5183
@petercleveronyenso5183 22 күн бұрын
Dr Nnaemeka is the Financial Dele Farotim he’s full of facts and figures
@plainmanspeaking8406
@plainmanspeaking8406 20 күн бұрын
My son will be another Dr Obiaraeri by God’s grace
@user-zb3os3dz7s
@user-zb3os3dz7s 22 күн бұрын
Abakaka , is a waste pipe, give the gentle man that knows much so that we can listen to him. We can not get tired listening to dr Obireri.
@emekamarcel
@emekamarcel 22 күн бұрын
I love Obiareeri a lot. He’s so good in articulating Nigeria’s problems
@hardcorechelsea5939
@hardcorechelsea5939 22 күн бұрын
Two things Nigeria govt cannot fix : 1. Power 2. Refineries. If they fix these two things common na, how are they going to 1. Luth money 2. Weaponize poverty ( which is essential to there old of power) Because 1. Exchange rate will normalize 2. There will be economic drive and employment especially through private sectors Who will have time to collect 2k to vote for them? When you have more than enough??
@donatusben4021
@donatusben4021 10 күн бұрын
I lives in the U.K., and I can categorically tell you that there are actually three main things that Nigeria urgently need to fix, which are Road and railway network system, Power and Refineries and Nigeria will automatically transform to top industrialised nation in the world.
@chidinmanneji8219
@chidinmanneji8219 22 күн бұрын
Dr Nnaemeka, Very sound and articulated.
@imotumbokanaka4157
@imotumbokanaka4157 21 күн бұрын
i fastforward to listen to dr, please give him more airtime
@hakeemola8191
@hakeemola8191 22 күн бұрын
Very sound arguments by Dr. Obiaraeri
@mralex9146
@mralex9146 22 күн бұрын
Always on point Dr keep it on...
@atieefe8938
@atieefe8938 22 күн бұрын
I love listening to this doctor
@mosesu5041
@mosesu5041 22 күн бұрын
Nigeria has happened to Dangote 😂
@chidinmaekwe3236
@chidinmaekwe3236 22 күн бұрын
It never happened to him before! Today he’s singing the negro spiritual like the rest of us! Why now?
@ikennaudemba2377
@ikennaudemba2377 22 күн бұрын
This Dr Nnaemeka is a bunch of wisdom
@mike001a
@mike001a 22 күн бұрын
Nigeria has a Dr like this gentleman and Tinubu around himself with tigers and lions like himself. New Nigeria is possible things will fall into place soon.
@richardassurancedesignradl6597
@richardassurancedesignradl6597 22 күн бұрын
See i feel like crying over some point been raised here, God when are going to get it??? Mr peter has said all this things but bicus some criminals minded politicians know that its gonna affects them everything was changed overtime!!
@herbertessih764
@herbertessih764 22 күн бұрын
I am always impressed with Dr Obi. Very smart and intelligent. Nigeria is deaf and dumb and will never pay attention to people like Dr😅
@leslieo1574
@leslieo1574 22 күн бұрын
I just think that there are forces that don't want Nigeria to develop. First I don't see any reason why people will attack farmers, when you know that you need food to survive even the Ukraine and Russia war don't have these food crisis, so that insecurities to farmers is a deliberate act to keep the country on its knees, and as for power, Nigeria should be the only country in Africa that has that problem,which means it can be resolved easily if other small country can do it, again another deliberate act, the oil sector is what Dr obiaraeri has been talking about to fire all the people that has been responsible for the stand still oil production in our refineries and tackle the theft but again the government is looking the other way, another deliberate act. Nigeria is deliberately plunged into these economic crisis because they know the potential that is in that country, but this won't last forever. Same thing they have been doing in entertainment industry but we finally break ou. One day, just one day they will submit.
@olasumbooladeru4275
@olasumbooladeru4275 22 күн бұрын
Obasanjo would never allow this nonsense game they are playing with Dangote.
@kiky111
@kiky111 10 күн бұрын
Excellent Analysis Dr. Obareri! Abakaka is a waste of data.
@ted.n9609
@ted.n9609 22 күн бұрын
It is very clear that after iNigerian independence and the Civil War that followed, Nigerian Economy and the political system was hijacked by international cartels and their hand-picked Nigerian trained supporters and foot soldiers. These powerful cartels have been dispensing their corrupt loots among their supporters both in politics and the economy. The effect of these actions is that they have prevented the smartest and patriotic Nigerians from contributing and participating in the economy and politics of that country, thereby stifling the progress of one of the most dynamic people in the world with vast natural resources. Nigerians have to wake up and take over and restructure their country. Nigeria can not continue and survive with these problems.
@MohammadAuwalAli
@MohammadAuwalAli 22 күн бұрын
They produced important ideas
@sonsofzion1550
@sonsofzion1550 22 күн бұрын
When the head is a chief corrupt leader and came in by corruption and form a structure of corruption. We are joking, this is a comedy country
@cerberusWAR
@cerberusWAR 22 күн бұрын
The only man that has focused correctly on the cause of Nigeria’s economic failure. The NNPCL is our prime platform to sell and derive revenue in foreign exchange, they’ve failed abysmally in their performance output in the last 4 years.
@dbrave1524
@dbrave1524 22 күн бұрын
Kiyari shouldn't be in the nnpcl since early this yr
@ifeanyiokoye176
@ifeanyiokoye176 22 күн бұрын
Prioritising manufacturing in Nigeria should start from enough power generation
@uzochukwunnanwube1740
@uzochukwunnanwube1740 20 күн бұрын
Dr Nnaemeka Obiaraeri is one sound man i have deep respect for, Charles thank you for always bringing him on.
@OmotayoStanleyAsogbon-no3se
@OmotayoStanleyAsogbon-no3se 22 күн бұрын
This what the economist call cash 22, the government needed to control inflation. We agreed that this government inherited very bad economy. What Aliko said everybody know it and not new for goodness sake . The problem we have are : corporations, insecurity, oil productions and largely bad management in last 12 years.
@Frank-Bediko62
@Frank-Bediko62 22 күн бұрын
Nobody is sabotaging Dangote. Oil is traded by forwards, sometimes by years. No company is going to wait for Dangote when completion was uncertain. IOCs are multinational companies with their refineries. They took their share per agreement with Nigeria (product sharing) to meet their obligations. Dangoʻte should have anticipated these and planned for it.
@ephramevezi48
@ephramevezi48 21 күн бұрын
True. But what about the supposed dedicated daily crude oil barrels for local refineries. Simply put! NNPC is unreasonably corrupt. Patrotism teaches us to love the inside more than the outside. Nigeria politicians and leaders are simply not patriotic. How do you explain NNPC owning 20 percent share in Dangote refinery , yet Dangote unable to get regular feedstock from NNPC.
@philob4902
@philob4902 22 күн бұрын
Some oil companies in Nigeria: Oando PLC owned by Wale Tinubu, Babados oil limite owned by Shettima, Babados oil and gas services limited owned by Z. Buhari. Allegedly. My questioned is could there be a conflicht of interest, with these powerfull men?
@larryenobakhare9040
@larryenobakhare9040 22 күн бұрын
Dangote is part of the problem
@visionstrading-kd5do
@visionstrading-kd5do 16 күн бұрын
Please tell us how Dangote is the Nigeria problem.am from Edo state and we always want to learn.
@user-bt3iz7vi7q
@user-bt3iz7vi7q 22 күн бұрын
Corruption is killing Nigeria. After a year of Tinubu, the Naira rate has gone up from N 700 to N 1,500 to the dollar so not even God can help you. Tinubu government and his gang got to go. Shame on them to deceive Nigerians.
@OmotayoStanleyAsogbon-no3se
@OmotayoStanleyAsogbon-no3se 22 күн бұрын
You don’t understand economy work and Nigeria peculiar problems I am sorry my friend. Notting to do with current government it’s people that in government in past. NNPC was not form by this government or Tinubu and his team didn’t course the unrest in northern Nigeria. The insecurity in Northern Nigeria has lead to food inflation.
@enusondemand
@enusondemand 20 күн бұрын
​@@OmotayoStanleyAsogbon-no3sewas Tinubu not the leader of the party when Buhari was destroying the economy? What economic advise did he and his team give to Buhari so that the economy will grow. He wanted the country to be destroyed by the northerners so that he can come in and be the saviour, little did he know that the destruction was deeper than he anticipated. Tinubu has a saviour complex but without good intentions, you can't do any better.
@SCh9912
@SCh9912 22 күн бұрын
Nigeria would, Nigeria would…..but WHEN ⁉️
@donatusben4021
@donatusben4021 10 күн бұрын
This what I have been saying. How can a country with three potential refineries strategically situated within the country be spending substantial sums of money to import finished petroleum products that are meant to be refined with the same refineries that Nigeria Government spend so much money to built by past Military Administration. Nigeria has Sea Port across all the Coastal Region, but chooses to deliberately use only Lagos Port for a population that is well over Two Hundred Million people. What a failed state though!
@chrisadamudu6521
@chrisadamudu6521 20 күн бұрын
Thank you Dr.
@Iphie24
@Iphie24 22 күн бұрын
Dangote has been more vocal in this government that any other, and it clearly speaks volumes! Dr. Nnaemeka Obiareri never fails to disappoint with his brilliant contributions. Arise TV this is not the time to be inviting less brilliant contributors to discuss serious issues. Thanks 😊.
@onyiianosike9599
@onyiianosike9599 19 күн бұрын
Because it's affecting him now. It has reached him. It will reach everything and everyone not only igbos.
@user-lg2ne4iu9y
@user-lg2ne4iu9y 22 күн бұрын
There are many things we import that we don't really need or priority need in to Nigeria. Please, the Nigeria government should stop borrowing. Please look inward 50th per cent of goods we import are around us or that we can produce locally. Please stop borrowing money it makes us look stupid. Who are the people serbotaging Aliko Dangote refinery?.
@toc1124
@toc1124 22 күн бұрын
Why was Kaka invited? To do what?
@johnsonm2499
@johnsonm2499 22 күн бұрын
Northern Nigeria Petroleum Cooperation NNPC. Located in The Southern Part Of Nigeria..
@babssloans7945
@babssloans7945 22 күн бұрын
Corruption, corruption nigeria's middle name
@visionstrading-kd5do
@visionstrading-kd5do 16 күн бұрын
Why can't we we appoint this man as an economy adviser.so refined and knowledgeable of what he is saying.. don't make me think is because is an Igbo man.am from Edo state who believe the best should get the job.
@aluunnali7563
@aluunnali7563 22 күн бұрын
Abba Kaka please tell us the sound policies that the government are making?
@arughaogisi2249
@arughaogisi2249 22 күн бұрын
Thank you aga Dangote for saying what the leadership are not seeing.
@user-fs8mf7bh9q
@user-fs8mf7bh9q 22 күн бұрын
So impressed by Alh. Dangote's recent concerns regarding the economy. Its only the political class that seems insulated from reality...
@onyiianosike9599
@onyiianosike9599 19 күн бұрын
What are you impressed about? He was part of the issue before he built the refinery. The corruption that he was part of, he is expecting it to be eradicated for him to now thrieve.
@dubemellit2932
@dubemellit2932 18 күн бұрын
He’s part of the problem not the solution
@graceaina4898
@graceaina4898 21 күн бұрын
God bless you Dr Obiareri. You are totally on point
@obehiokojie4066
@obehiokojie4066 22 күн бұрын
To the VP, I say talk is cheap. Walk your talk. This will convince us that you mean what you are saying. No locally produced vehicle in the presidential fleet. Not even one even if for the optics. National legislators drive Toyota branded SUVs. The newly minted residence of the VP, I am sure, is doned with ineterior decorations from Turkey. The FCT minister wears a foreign branded Versace coat costing over $1,000. They use our annual budgets to fund foreign economies, creating jobs over there to the detriment of our local economy. Sensible government use government spending to stimulate and drive the local economy.
@chrisadamudu6521
@chrisadamudu6521 20 күн бұрын
Fed govt is not buying Innoson cars ,and they holding summit on manufacturing. Its a shame.
@robertedson2155
@robertedson2155 22 күн бұрын
Nigeria is a country of 150 million analysts, everyone seems to know what the problems are yet no one is ready to solve them
@charlesduru5838
@charlesduru5838 22 күн бұрын
Offline really…… nepotism is your worst enemy.
@charlesduru5838
@charlesduru5838 22 күн бұрын
The president is the minister for petroleum, that’s why.
@13thghost42
@13thghost42 22 күн бұрын
Corruption is the impediment. We have Nigerians who though not angels, are patriotic and would turn things around or at least put us in the right direction in about 10 years. However, some people would rather make profit from the desolation of our country. It's beyond comprehension as these demoniacs have made more money than they need for five lifetimes.
@dubemellit2932
@dubemellit2932 18 күн бұрын
You are not making sense. Come out very well from your myopic reasoning
@josephmolokwu5770
@josephmolokwu5770 22 күн бұрын
Fulani are running NNPC as simple as that,unqualified hands.
@imotumbokanaka4157
@imotumbokanaka4157 21 күн бұрын
bring only this guy Obiaraeri others are interrupting, ve check all his fact on air very accurate
@oluseyedavidalo2420
@oluseyedavidalo2420 22 күн бұрын
So, why were people clapping when Dangote said importation translates to exporting jobs...a negative value to the economy. People just clap for no reason because they don't even understand what they are clapping for.
@sharonchukwuobasi7846
@sharonchukwuobasi7846 22 күн бұрын
What Dangote meant, is that by importing products we can produce ourselves, we are exporting jobs we could have.
@user-fm2ss1jz8f
@user-fm2ss1jz8f 20 күн бұрын
They clapped in affirmation/validation of the views.
@onyiianosike9599
@onyiianosike9599 19 күн бұрын
They are fools and sycophants, don't mind them. There is nothing new in what dangote said.
@sharonchukwuobasi7846
@sharonchukwuobasi7846 22 күн бұрын
God bless Dr Obiaraeri 👌
@user-uj6wy7ht7b
@user-uj6wy7ht7b 22 күн бұрын
The people who Ibeto cement was destroyed for their sake are today crying, what Chukwu okike can't do does not exist
@visionstrading-kd5do
@visionstrading-kd5do 16 күн бұрын
Why is it all other cement companies given licence by the government are still making profit.Ibeto was a business who was thinking that Nigeria cannot change,not knowing ex president saw it all before and he won't allow such to happen,just importing Instead building capacity.Nkalagu cement was there fallow..am from Edo state.let call spade a spade..ibeto got is calculation wrong.he was just importing into warehouses, while the agreement is import and build capacity ,and operate a cement factory thereafter..
@gbasgbos-p1u
@gbasgbos-p1u 19 күн бұрын
wahala dey
@imotumbokanaka4157
@imotumbokanaka4157 21 күн бұрын
guys ve check all this guys facts petrobrass is also in angola NNAEMEKA OBIARAERI is learned
@salisuusman2319
@salisuusman2319 16 күн бұрын
helping dangote refinery to thrive will bring prosperity to the country.
@danielobiaraeri9280
@danielobiaraeri9280 15 күн бұрын
Like the prosperity he brought in the cement industry? Odes
@ufobrownsugar7948
@ufobrownsugar7948 22 күн бұрын
Why don’t dangote invest in power generation?
@AmadiRobotics
@AmadiRobotics 22 күн бұрын
Lamido Sanusi said it all, “NNPC is the most opaque entity in the world”. But because it is cash cow of the Fulanis, solutions to theifry, corruption and nepotism will continue to stifle our development.
@OkwudiliOkekearu
@OkwudiliOkekearu 10 күн бұрын
If mele kyari,the GMD of Nnpc don't go, our oil industry will remain useless.
@abdulrasheedbuhari5116
@abdulrasheedbuhari5116 5 күн бұрын
Refusing supply him with crude, refusing to issue license and refusing to pay for their stake at the refinary so as to sabotage his financial plan by distrupting his cash Flow. Nigeria will continue to suffer because of conflict of interest.
@Therealclips-ib8bm
@Therealclips-ib8bm 22 күн бұрын
Drop interest rates to 9% or less. No country that wants to grow increase their interest rates to 26%. For example. Japan 1% China 2.5% South Korea 3.5% EU 3.75% US 5.5% Nigeria 26%. Reduce interest rates so that businesses can generate jobs and income. How can anyone collect loans when there is probably no business you could do to generate a profit of 30%. You are stifling the country’s growth.
@kene6753
@kene6753 22 күн бұрын
Your analysis is one-sided. All the industrialised countries you listed with very low lending rates are all major producers of factory goods + services. A low lending rate favours production firms (goods & services). What exactly do you produce in Nigeria to deserve a 9% lending rate? A 9% interest rate in Nigeria would mean a significantly increased M2, which would only drive up the already high inflation.
@Therealclips-ib8bm
@Therealclips-ib8bm 22 күн бұрын
@@kene6753 true
@attoeattoe2058
@attoeattoe2058 22 күн бұрын
This is no longer news, at this point we should be hearing something else
@BroKingsleyNUzoma
@BroKingsleyNUzoma 22 күн бұрын
We keep saying the same thing always,yet no right to action is take, We are re bunch of Talk actives
@user-yv4yn8xp8s
@user-yv4yn8xp8s 17 күн бұрын
Why’s Abba Kyari is still in the NNPC?
@TroverTube
@TroverTube 17 күн бұрын
Well. My company has left. Over 30k persons have been thrown into the unemployemnt market. And they left with over N600billion
@kaiblade760
@kaiblade760 22 күн бұрын
Everyone that knows the workings of this country knows this.
@emmanuelobidinma6859
@emmanuelobidinma6859 22 күн бұрын
Tinubu is corrupt he can not stop corruption
@basilebekonye6571
@basilebekonye6571 22 күн бұрын
You and your colleagues are the biggest underminers of local manufacturing
@toc1124
@toc1124 22 күн бұрын
What do you mean by ‘colleagues’? Care to explain?
@ogbodovalentineamandi422
@ogbodovalentineamandi422 22 күн бұрын
Timubu built lagos ooo
@ayatollahigboland4612
@ayatollahigboland4612 22 күн бұрын
This KaKa man is talking absolutely nonsense, he shouldn't be anywhere close to government or tv station..wtf
@sun96588
@sun96588 20 күн бұрын
British & US government 🌎 must Go🚫 leave Nigeria Africa 🌍 With immediate effects 😜 Tinubu must Go, APC must go to jail, Or Else PDP must be retrieve back to Yoruba Nation Elders. YORUBA NATION Created PDP party 🥳 For peace and unity. I see no reason letting illegal immigrants have full control of Yoruba Nation 👎❌🚫🛑🔥 Illegal immigrants ✖️🤧 Fulani & Hausas Must leave with immediate effects Nigeria
@richardassurancedesignradl6597
@richardassurancedesignradl6597 22 күн бұрын
14:06
@knd-z3
@knd-z3 22 күн бұрын
Lets keep deceiving ourselves. 1.5 Billion to revamp the refinaries that never got revamped. But put 21 Billion to renovate a VP house. Imagine 21 Billion channelled to Security and Agriculture 🤔
@rolandsamuel2750
@rolandsamuel2750 22 күн бұрын
Even 15percent is too much
@christiangodfrey7167
@christiangodfrey7167 21 күн бұрын
Mr. Obiariri please make your point without screaming. Brilliant and well informed but stop screaming
@ekpoephraim4717
@ekpoephraim4717 22 күн бұрын
Abba Kaka why are you rubbing bleaching cream? please leave it for women thanks
@victoronwuzuruike5807
@victoronwuzuruike5807 22 күн бұрын
Na statistics will go chop......😂😂😂😂😂
@SteveSteve-rb4vw
@SteveSteve-rb4vw 22 күн бұрын
Igbos can never be one with Hausa's and some Youruba Muslims... Yourba Christians is okay
@christiangodfrey7167
@christiangodfrey7167 21 күн бұрын
Mr Charles Aniagulo please stop faking and pronounce Nigerian names(especially Ibo ones) properly. Are you not a Nigerian? Perhaps even Ibo going by your name.
@nwananka
@nwananka 21 күн бұрын
Annoying, i dislike him for that.
@switch-onmedia
@switch-onmedia 20 күн бұрын
Abba Kaka is talking nonsense confidently
@donatusben4021
@donatusben4021 10 күн бұрын
This what I have been saying. How can a country with three potential refineries strategically situated within the country be spending substantial sums of money to import finished petroleum products that are meant to be refined with the same refineries that Nigeria Government spent so much money to built by past Military Administration. Nigeria has Sea Port across all the Coastal Region, but chooses to deliberately use only Lagos Port for a population that is well over Two Hundred Million people. What a failed state though!
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