₦airaland Forum

bovali:
A lot of people did not read that access report well and it shows. Anyway, sell your holdings, we would keeping mopping up from you

crownprince2017:
I tot we all agreed that access no do well, who are the people buying mili mili...

ogawisdom:
Dangote is about to get richer, dude is a typical AGIP. The good thing is that it will appreciate naira and reduce FX pressure.

We as investors will still benefit by buying into Dan petroleum refinery shares too

ghm:
You've raised a crucial point that gets to the heart of a major national dilemma.

It's absolutely true that for decades, we have advocated for local refining to end the paradox of importing what we produce. The emergence of substantial local capacity from Dangote, Aradel, and upcoming projects like BUA's is a monumental achievement that deserves recognition. The government's intent to protect these investments and discourage imports is a logical step from a long-term industrial policy perspective.

However, it's also important to understand that the public's reaction isn't necessarily a "conspiracy." For many, the concern is practical and immediate. This tariff, coming right after the removal of fuel subsidies, is perceived as a second major blow that could lock in high fuel prices. The fear is that without robust competition and transparent regulation, we may simply be replacing expensive imports with expensive local fuel, with the Nigerian consumer bearing the cost.

So, the real debate isn't whether we should have local refining—nobody is against that. The debate is about how we manage this transition. We must champion the strategic goal of energy security while also demanding a framework that ensures fairness and affordability for the citizens who are ultimately funding this national project.

jonnysessy:

I was not at the meeting when you all agreed that Access result was bad. The last time i checked, it is always stated that in this platform and i quote "investment is not a team event" one other analyst put it this way, and i quote "Every mallam to his kettle".


Lesson learnt: Everyone has an opinion in a discussion. What you see and form an opinion could be interpreted by another in another manner. No one knows it all in the stock market. There is no single way to the market

jckgroup1:
Japaul is out

ghm:
You've raised a crucial point that gets to the heart of a major national dilemma.

It's absolutely true that for decades, we have advocated for local refining to end the paradox of importing what we produce. The emergence of substantial local capacity from Dangote, Aradel, and upcoming projects like BUA's is a monumental achievement that deserves recognition. The government's intent to protect these investments and discourage imports is a logical step from a long-term industrial policy perspective.

However, it's also important to understand that the public's reaction isn't necessarily a "conspiracy." For many, the concern is practical and immediate. This tariff, coming right after the removal of fuel subsidies, is perceived as a second major blow that could lock in high fuel prices. The fear is that without robust competition and transparent regulation, we may simply be replacing expensive imports with expensive local fuel, with the Nigerian consumer bearing the cost.

So, the real debate isn't whether we should have local refining—nobody is against that. The debate is about how we manage this transition. We must champion the strategic goal of energy security while also demanding a framework that ensures fairness and affordability for the citizens who are ultimately funding this national project.

mikeapollo:
According to what the tax man (Taiwo Oyedele) said, they would use the price at which you bought the shares in the past as the ''cost price''.
So even if you bought Oando in year 2000 at N1, they will deduct the N1 from the selling price (e.g. N50 in 2026)and then calculate 30% on the gain of N49. Hence, they have ignored inflation, currency purchasing parity. devaluation etc
He said even though it sounds punitive and unfair, that is what the law says, and if the law is to be implemented, that is how it would be done.

ghm:
Okay. That is clear. Thanks.

Now,
I now understand that if I sell before Jan 2026, I will not pay any CGT. Pls confirm.

This will help decide what to do. I can choose to liquidate my portfolio 100% before 01/01/2026 and then re-enter at the current price or in Jan 2026 so that we can start at the same level from 2026.

I hope I am not doing anything wrong with this approach?

Mpeace:
The same thing pulling other stocks. Many stocks ought to be on good bids and price appreciation.

SonofElElyonRet:
Can you post it then?

kintus:
You'll be shocked to see that the best time to pick was in October......can anyone TIME the market?

gabscity:
Prophet Grook sef don chook mouth!

SonofElElyonRet:
Can you post it then?

Locotrader:
Did you buy Japaul because of result?
No be result go bring our Xmas ram oooo.
Loco have a different view in Japaul.
There is internal restructuring ongoing in Japaul.There is one news that will force out our Xmas Ram.
It is not negotiable.
Keep eyes and ears on Japaul news especially the mining/gold refinery news.

Panadee:
https://africanfinancials.com/document/ng-japaul-2025-ir-q3/

essentialone:
If Conoil does not renovate themselves by 2026, either Oando or Eterna Plc will overtake them. Which is it likely going to be?

gabscity:
Prophet Grook sef don chook mouth!

NSEstudent:
Grok obviously won't take into consideration the kind of management at Ocean and Oil, and therefore won't know what they are capable of in terms of making sure ordinary shareholders don't partake in any goodies whatsoever.

essentialone:
If Conoil does not renovate themselves by 2026, either Oando or Eterna Plc will overtake them. Which is it likely going to be?