Synopsis from the 2017 BP Energy outlook


BP's Energy Outlook 2017 estimates that there is an abundance of oil resources, and "known resources today dwarf the world's likely consumption of oil out to 2050 and beyond".

"In a world where there's an abundance of potential oil reserves and supply, what we may see is low-cost producers producing ever-increasing amounts of that oil and higher-cost producers getting gradually crowded out," Spencer Dale, BP group chief economist said.


When the oil that unites us becomes worthless what then becomes of Nigeria?

Fremancipation:

When the oil that unites us becomes worthless what then becomes of Nigeria?

Move towards industrialization policy.

Blue3k:


Move towards industrialization policy.

Lol. Industrialization without power.

If oil becomes worthless, the northerners who control lawmaking simple restructure further.

Fremancipation:


Lol. Industrialization without power.

Natural gas, coal, nuclear power and all the other renewable options. If Nigeria can't figure it out. Nigeria might aswell except it's mediocrity. No need to wonder about future or even complain.