Thread by @sarnchos

Old Port Harcourt Refinery (60,000 bpsd commissioned in 1965)

Warri Refining & Petrochemical Company (125,000 bpsd commissioned in 1978)

Kaduna Refining & Petrochemical Company (110,000 bpsd commissioned in 1980)

New Port Harcourt Refinery (150,000 bpsd commissioned in 1989)

By 1998, all 4 refineries (445,000 bpsd) were operating at about 15-25% capacity combined.

This was the impact of corruption on the Nigeria's publicly owned companies.

While we should have been building more refining capacity, we were busy with destroying what we had, to make

room for imports.

While we slept, others developed their capacities at our expense.

And we kept telling ourselves that govt cannot do well in business.

Isn't the running of govt a business?

Why do we prize businessmen as good leadership material, if govt can't run business?

We refused to identify the real culprit that militated against our development.

Corruption

Instead we came to terms with it, pledged allegiance to it, and became its slaves

And in turn it destroyed our present and our future.

We now have an entire collection of cheerleaders

To corruption.

Who cursed us?

What has changed about government since we sold off most public companies?

Have the privatize airlines performed better than the past govt run one?

When will we agree that the actual problem wasn't govt, but rather acceptance of corruption?

Once there is no consequence for wrongdoing, there can never be a deterrence against corruption.

We must not give up this fight.

Our future must not be compromised further.

We must prevail over corruption.

Our future relies on us!

{Rant over}.