₦airaland Forum

KarlTom:
The long run is actually very long...

Sunrisepebble:
Ive started buying back MTN at N240, waiting for results to add more

NFA/DYOR

mikeapollo:

Thanks, and God bless you abundantly and in multiples and multiples

emmaodet:
Well, we will see but from my point of view, it may not be that long.
Have seen things changed from 2000 to 2025. Just 25 years.
From Nokia phones to android/apple, cars in different forms, big tvs / black and white TVs to flat screens/curves/LCD/hd/led etc
Things are moving at a rapid rate

crownprince2017:
I think market makers are up to something on ellahlakes, who are the people they are selling for at 3.21, I have been on the line since morning, I no see buy at that price but they are busy selling for bigger buyers not on the line at the same price. What is happening.

Mpeace:
Mtn matter get as e be. I heard the regulators want to reduce the recently increased tariff by 15%.

https://www.vanguardngr.com/2025/02/breaking-labour-forces-fg-to-reduce-telecom-tariff-hike-by-15/

emmaodet:
Well, we will see but from my point of view, it may not be that long.
Have seen things changed from 2000 to 2025. Just 25 years.
From Nokia phones to android/apple, cars in different forms, big tvs / black and white TVs to flat screens/curves/LCD/hd/led etc
Things are moving at a rapid rate

Mpeace:
Mtn matter get as e be. I heard the regulators want to reduce the recently increased tariff by 15%.

https://www.vanguardngr.com/2025/02/breaking-labour-forces-fg-to-reduce-telecom-tariff-hike-by-15/

Panadee:
You have made valid points. One thing I would consider is that 25 years is about a 'generation' away and that may not necessarily affect our local investment decisions in the short to medium term.

unite4real:
"Organised Labour through the Nigeria Labour Congress, NLC, has forced the Federal Government to reduce telecommunications tariff hike from 50 percent to 35 percent."

this is actually not by 15% as the headline put it.

Coming down from 50% to 35% is actually 15/50% and that's 30% off the top.

We see how this goes.

KarlTom:
25 years is not 'just'. It is actually a 'generation'...

Funny enough, I read an article over the weekend with a fair number of EV users willing to return to fossil powered vehicles. The main reason was the length of time it took to 'recharge' the batteries...

I believe that we will see major improvements in the automobile industry such as self-powered vehicles (wind, solar), faster chargers etc. AI also has a huge role to play here. Until then, fossil fuels will remain with us.

Trucks and heavy machines should also be considered in the bigger picture.

ositadima1:
Bro, the future is electric and powered by renewable energy. And that future isn't far off.
That said, crude oil will still be needed for many byproducts like plastic, synthetic rubber, lubricants, and fertilizers. Eventually, these will be the primary reasons for drilling, which will reduce oil revenue while increasing the cost of these byproducts—since gasoline currently subsidizes them.

Africa, however, will continue using petrol-powered cars for a long time...

KarlTom:
In summary, "the bolded"

KarlTom:
Not to be a kill joy, I am 100% a proponent of clean energy.

However, it is currently neither easy nor cheap and I do not think it will be easy or cheap anytime soon.


1. As at 2024, about 200kWh of energy is consumed to make a single 100-watt solar panel
2. You rightly mentioned Nuclear Fusion, which is not adopted my many countries because of the risks involved.

In the event that we have 50-50 of EV and GV, PMS demand will reduce and I want to believe that its price will drop (although I foresee a high emission taxation for GV.

Biogas did not get the desired breakthrough in the energy space because of the huge CapEx.
Not everyone is able to afford the initial outlay, so long may fossils reign!

Streetinvestor2:
What I know is crude oil is going nowhere till christ returns. ALL this renewable and green energy na noise.
Africans that can not afford new cars still they manage tukunbo cars way old pass 10 yrs.
Or is it that thing the call solar energy that you will spend over 4 million and it only carries lighting points,fan and other light equipment in the house.Then after 2 /3 yrs you are told the batteries has expired for you to bring above 2 million again to replace them.How many of those heavy factories in china and India are being runed by such energy.
We never see power supply to take do better thing with the 5kmw plus that is being generated na the one to charge car.
In the next 20yrs alhaji never recover the 20 B dollars he invested in that refinery na him you dey take say oil will be less important. Na big lie..
Oyibo no wan make we use oil money too to develop our country after they have developed thr own

ositadima1:
Instead of una to put chaplet for water they bind spirit of oyibo innovation breakthrough you dey there they argue, ok nah.

ositadima1:
Instead of una to put chaplet for water they bind spirit of oyibo innovation breakthrough you dey there they argue, ok nah.

Youngzedd:
Every component of the solar energy system is getting cheaper and better.

Compare the price of Lithium batteries to understand better. The issue we are having in this part of the world is the exchange rate. Even with the bad exchange rate, lithium battery is cheaper today than it was last year.

As countries start banning the production of petrol cars, the demand for petrol will nosedive.

Yes! There are still people who will drive petrol cars, but what we are looking at is the quantity. As more people drive EV cars, the government may impose a tax on those with petrol cars, which will accelerate the phase-out of petrol cars.

Nigeria's fuel consumption before and after subsidy removal aren't the same. We all know that business is a game of numbers, the higher the number, the higher the profit in most cases.

Technology will drastically reduce the demand for many things, petrol inclusive.


If our country fails to diversify ASAP, the future won't be so bright.

ositadima1:
Instead of una to put chaplet for water they bind spirit of oyibo innovation breakthrough you dey there they argue, ok nah.

chimex38:
EV cars without charging outlets..

Even the current CNG needs infrastructure

Fossil till take over, well into the next generation ..

chimex38:
EV cars without charging outlets..

Even the current CNG needs infrastructure to buy the populace interest..

I wonder how the gas is filled.
I learnt lifting 1 of such cylinders na night mare
Takes the entire car occupant

What's that story of Malaysia banning CNG and returning to Petrol due to hazard or so..(even though both Na fossil)

Germany of all countries who are the super powers of renewable energy in Europe could not practicalize what they sanctioned-Ban on Russian oil.
Na them still import the oil pass to power their industries despite their solar advocacy and consumption.

Most solar related products are like the Android-Go OS Version of main android OS
Or rather the Browser Lite version of main browsers

They can't realy compare to heavy load requirements of their counterparts without efficiency being affected.

How about the Solar functionality during winter season of 3-5months in these western and European countries?
Moon dey sha

Powering precision industrial equipments 24/7, not to mention 3-phase motors without redundancy and high initial starting capacity?


Fossil till take over, well into the next generation ..

ositadima1:
Now, I bet you’ve never heard much about geothermal energy. Cold climates like parts of Canada, Alaska, Sweden, and Norway use it. In fact, the lower the temperature, the better. Read up on it.

Regarding the issue of energy storage at night, many technologies are being updated. We have wind energy, which performs well at night when tidal currents are strongest. Some places even use massive sand silos as thermal batteries—during the day, they heat the sand to extremely high temperatures, and at night, they pass water through it to generate steam and recover energy.

There are also man-made water reservoirs. During the day, water is pumped up to these reservoirs, and at night, it is released to turn turbines. Another method involves lifting heavy concrete blocks—these weights are raised during the day and dropped at night, effectively converting potential energy into electricity.

So much is happening. Do you think Oyibo is happy giving away money, especially to Arab countries? They are working day and night on solutions. One day, a major breakthrough will come. Do you know how long they worked on GSM technology? Do you think it just happened overnight? Eventually, they made it market-viable.

Anyway, I’m done derailing.