SOLAR- CENTRIC FIRM
TO PUT N10BILLION
SHARES IN STOCK MARKET
BY ABDULMUMINI ADEKU
The board and management of the Dolaks International
Limited, has disclosed exclusively in a world exclusive on the sidelines of the
internationally acclaimed Alternative Power Exhibitions now in its 7th
Edition of plans being made by them to float shares worth a sum of N10Billion into
the Nigerian economy via its stock market.
In an exclusive interview with the News Office Desk of the
Paedia Express Multimedia on the sidelines of the on-going expo holding at the
mammoth Teslim Balogun Stadium,Mr Aderinde Olusegun said that they were putting up a N10billion
worth of one naira per unit cost on sale for Nigerians to buy part of their
company As they seek for funding at the bourse to complete on-going projects by the company
in various locations in the country.
While discussing the issue of energy economics and financing
with this reporter he said that the concept was about reducing the costs of
making power available to the largest number of users regardless of their
locations.
He went down memory lane and recalled that the sun had long being used by early man
unknowingly as a major energy source as
it is what is used for solar
powered cocoa, coffee, flour ,car
and domestic laundry....
He pointed out that since the man Adam came into the world the
sun has being the most veritable source of energy for mankind but this soon
gave way to others but the focus on solar energy by man really came up in the 18th
century as it provides an alternative to finite energy.
He assured that whether onshore or offshore, when energy is
generated it helps to reduce overheads on land acquisitions especially in a
place like Lagos, Nigeria where landed assets were very expensive.
He explained that a group
of people can come together by teaming up to minimize the price of wattage generated
with the users paying for the same voltage to increase their profit so as to
sell in same market with those using carbon as a
competitive edge.
His words:”on the profit redemption for any investor,it has
being established by research and practice that you can redeem 50 to 80 percent
of financial investment put into green energy
be it in Germany,Africa,Britain,Nigeria etc”
“Power is a universal currency that is being spent all over
the world or nation that is yet to be sufficient even in the developed world
because power is not storable as much”
He added that in irrespective of the financial institution
,efforts should be made by them to migrate a lot of capital into Green
Energy because of its unlimited yield in
no time.
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