DeLaRue's Posts

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Career › Re: How Do You Cope With A Company That Owes Salary? by DeLaRue: 3:05pm On Oct 28

DenreleDave:
Hahaha I can't do this.. I have the company's laptop but I can't sell it...

Your advice is welcome but too extreme

Don't follow that person's advise. That's theft, a crime. You could be locked up, prosecuted, and sent to several months in jail. That'll make your situation several times worse.

The fact the company owes you will not be a defence in court.

4 Likes 1 Share

Politics › Re: The Prison Warder That Threatened To Slap Sowore by DeLaRue: 12:07pm On Oct 27

hisexcellency34:
Today at the Federal High Court, this prison warder told Omoyele Sowore that he will slap him for bringing camera to court.

You want to slap a whole presidential candidate?

There are laws against physically attacking a person, but those laws don't make a special case for presidential candidates.

Mr Sowore is like any other citizen. Nothing more.

12 Likes

Politics › Re: Video Of Uniformed Men Chanting Anti-Christian Slogans Goes Viral by DeLaRue: 10:14am On Oct 26

They have an agenda but awa brothers from the west side seem not to understand this sad truth cry

[/quote]Your brothers from the west 'seem not to understand', but your brothers from the East fully understand the danger...that is why many of them are hellbent on a political partnership with the former Governor of Kano who introduced Sharia law in that State.

You're such an intelligent man. Continue.

1 Like

Politics › Re: Video Of Uniformed Men Chanting Anti-Christian Slogans Goes Viral by DeLaRue: 10:02am On Oct 26

helinues:
The issue is not really about those who are making this threat as they are in their millions with such mentality, but the community allowing such mentality to thrive

This is less about community and more about laws and the Judicial system.

If the laws, Judicial system, policing institutions are strong and mostly incorruptible, they will shape communities into what they should be.

There is no anti -religious extremism law in Nigeria,. Although there are other laws that can be used to prosecute these people, those laws were not drafted with religious extremism in mind, and so they're less effective.

1 Like

Politics › Re: Video Of Uniformed Men Chanting Anti-Christian Slogans Goes Viral by DeLaRue: 9:42am On Oct 26*

Nigerian institutions, its laws and the Judicial system are weak and unfit for purpose.

Its people are so sectional they do not want any improvement unless such improvement is proposed by a leader from a party they support.

No President or Governor can introduce an anti-religious extremism law in Nigeria.

If such a law is proposed under a Christian Governor, muslims will claim it is targeted at them. If the Governor is Muslim, Christians will oppose and claim it is intended to suppress Christianity.

Result - chaos, lawlessness, and nefarious activities every where.

A well constructed anti - religious extremism law will catch most of these people. But people are not ready yet. No problem.

8 Likes 1 Share

Politics › Re: Ongoing Historic Architectural Design On Opebi Link Bridge, Iya-Alaro, Lagos by DeLaRue: 8:01am On Oct 26

I see 'Yoruba drum' inspiration in the design. That's thoughtful of the designers. The last thing we needed was another overdone, culturally irrelevant european-style design.

1 Like

Education › Re: Over 100 Students Hospitalised After Methane Gas Inhalation In Ogun State by DeLaRue: 4:36pm On Oct 22

prophetwis:
So after the last incident, the state government didn't shut those facilities down? What a country we are

The gas escapes from beneath the soil. It is a natural event.

I'm not sure there's an easy permanent solution.

A temporary solution is to use a wet handkerchief to cover one's nose when a leak happens.

Politics › Re: Fitch Turns Positive On Nigeria, Crowning Tinubu’s Economic Turnaround by DeLaRue: 8:02pm On Oct 16

The reforms are certainly working.

Mr Tinubu is the best President/Head of State in the history of Nigeria. Full stop.

8 Likes

Business › Re: Ondo Court Dismiss UBA's Appeal, Upholds ₦9 Million In Damages To Customer by DeLaRue: 7:05am On Oct 16

Love800:
Omo before this man go fit sue bank, that means he is a big fish(elite) in the society.

You don't need to be a 'big fish' to sue a bank, whatever it means to be a big fish.

It is true that banks take advantage of the high cost and often lengthy duration of court cases believing that most people will give up.

I won't be surprised if the claimant in this case doesn't see any payment from UBA for a long time, if at all.

Nigerian banks are notorious for pursuing appeal after appeal just to delay the payment of damages even if such appeals will cost quadruple the amount of the damages awarded against them.

Given the relatively small size of the damages, you would think UBA would pay within 90 days, but it is highly unlikely they would. They're more likely to engage a SAN now to appeal again to the Court of Appeal and keep the claimant in limbo for another 6 years.

Lawyers in most banks legal departments must be benefitting from this unethical behaviour.

3 Likes

Politics › Re: Progress Update: Construction Of Akure- Owo - Benin Expressway by DeLaRue: 8:28am On Oct 15

That road is going all the way to Oluku junction, Benin.

It is shocking that many Nigerians don't appreciate the incredible road projects that are going on in this country.

This country has not witnessed anything this before.

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Politics › Re: I Built Lekki Deep Seaport ; Tinubu, Sanwo-olu Took Glory’ - amaechi by DeLaRue: 10:45pm On Oct 08

DeLaRue:
As for Gelegele, and Mr Amaechi's claim they can start small with $500 million, and expand it in the future, I laugh.

That's just election time political statements.

First, a $500 million greenfield Port will just be a tiny little river Port with very little viability. If Ogun is doing $7 billion, and a Gelegele is a small $500 million Port, which one will the big ships go to?

Second, most things built by the Federal government (civil servants & politicians), as opposed to the private sector, ultimately fail. Of the $500 million proposed by Mr Amaechi, it is highly unlikely that more than ($250 million) will be spent on the Port with the rest likely embezzled by civil servants & politicians (not necessarily Mr Amaechi himself), hence the project risks becoming an abandoned project.

Third, Mr Amaechi, assuming his party wins, will only be a vice president. He can table any project, but the ultimate decision will rest with Mr Atiku as President. Make no mistake about it, Mr Atiku will rather spend $500 million in his region than spend it on a Gelegele port with questionable viability.

Fourth, Gelegele wants a Deep Sea Port, Ogun wants, Ondo wants, Badagry wants, Akwa Ibom wants, I think another location in Rivers also wants one. Haba! And Warri, Port Harcourt, and Onne are still there. How much is Nigeria's trade volume to justify all these proposed and existing Ports?

As things stand today, the best bets are Akwa Ibom, expansion of Warri, and Port Harcourt. Onne should remain a mostly oil & gas Port.

Unless, Nigeria's economic growth picks up pace, maybe growing at say, 8% per annum consistently for about 10 - 12 years, even the proposed Ogun port may struggle to be viable.

Politics › Re: I Built Lekki Deep Seaport ; Tinubu, Sanwo-olu Took Glory’ - amaechi by DeLaRue: 10:36pm On Oct 08*

As for Gelegele, and Mr Amaechi's claim they can start small with $500 million, and expand it in the future, I laugh.

That's just election time political statements.

First, a $500 million greenfield Port will just be a tiny little river Port with very little viability. If Ogun is doing $7 billion, and a Gelegele is a small $500 million Port, which one will the big ships go to?

Second, most things built by the Federal government (civil servants & politicians), as opposed to the private sector, ultimately fail. Of the $500 million proposed by Mr Amaechi, it is highly unlikely that more than ($250 million) will be spent on the Port with the rest likely embezzled by civil servants & politicians (not necessarily Mr Amaechi himself), hence the project risk becoming an abandoned project.

Third, Mr Amaechi, assuming his party wins, will only be a vice president. He can table any project, but the ultimate decision will rest with Mr Atiku as President. Make no mistake about it, Mr Atiku will rather spend $500 million in his region than spend it on a Gelegele port with questionable viability.

Fourth, Gelegele wants a Deep Sea Port, Ogun wants, Ondo wants, Badagry wants, Akwa Ibom wants, I think another location in Rivers also wants one. Haba! And Warri, Port Harcourt, and Onne are still there. How much is Nigeria's trade volume to justify all these proposed and existing Ports?

As things stand today, the best bets are Akwa Ibom, expansion of Warri, and Port Harcourt. Onne should remain a mostly oil & gas Port.

Unless, Nigeria's economic growth picks up pace, maybe growing at say, 8% per annum consistently for about 10 - 12 years, even the proposed Ogun port may struggle to be viable.

Politics › Re: I Built Lekki Deep Seaport ; Tinubu, Sanwo-olu Took Glory’ - amaechi by DeLaRue: 10:00pm On Oct 08*

As transport minister, Mr Amaechi will have been part of the government that approved Lekki Deep Sea Port.

But the port was not built by the Federal Government, so how can Mr Amaechi claim it was built by him.

Below is the shareholding structure of Lekki Deep Sea Port:

1.China Harbour Engineering Company 52.5% (Chinese company)
2. Toleram Group (A Singapore company) 22.5%
3. Lagos State government 20%
4. Nigerian Ports Authority 5%.

It was China Harbour & Tolaram that built it on land secured by Lagos State.

So how can Mr Amaechi accuse Mr Sanwo Olu, who secured the land, of 'claiming credit ' for the Port, as if Lagos State had nothing to do with the Port.

Afterall, the Federal Government under which Mr Amaechi was Transport Minister only has 5%, while Lagos has 20%. The Federal government did not even pay a kobo for its 5% share. And has Mr Sanwo Olu ever stopped Mr Amaechi from also claiming credit for the Port?

Without both Lagos State government and Federal government approvals, the Port could not have been built. So, both played key roles. Why should one side (Mr Amaechi) claim only he should be able to take credit for the Port.

The way politicians deceive Nigerians with false information is worrisome.

I have also never heard Mr Tinubu claim direct credit for the Port. He may have claimed credit for the decades-old masterplan he put in place as Lagos Governor for that part of Lagos, and there's no lie in that.

5 Likes

Business › Re: Nigeria Faces $6.4 Billion Eurobond Repayment Burden – World Bank by DeLaRue: 3:49pm On Oct 08*

I asume most of you don't even know that this $6.4 billion dates back to before the current administration came back to power.

Since coming to power, this government has paid back over $12 billion dollars most of which was from previous administrations. So, what is $6.4 billion?

Ghana, whose economy is barely larger than that of Lagos State owe the same $6.4 billion as Nigeria, yet Ghanaians are not on the Internet abusing their government. Why is it that many Nigerians, most of who don't understand how national debts work, go into a meltdown and become abusive on hearing that like Ghana, Nigeria also owe $6.4 billion.

In any case, the $6.4 billion is payable over several years. Even if it is payable tomorrow, Nigeria has $55 billion in reserve from where it can write a bloody $6.4 billion cheque without flinching. Meanwhile, Ghana can't afford to pay $6.4 billion at once, yet its citizens who are better educated and know how these things work are relaxed and not worried.

And by the way, which government increased our net foreign reserves from a disastrous $3 billion to almost $40 billion in just over 3 years - it's the same Tinubu government that you people are abusing sad

No problem, you people should continue to let opposition politicians like Mr Atiku and Mr Obi deceive you.

1 Like

Politics › Re: “Tinubu’s Policies Killed My Mother” - Rotimi Amaechi (video) by DeLaRue: 5:16am On Oct 03

I have not once heard Mr Amaechi talk with any coherence or intelligence.

He doesn't think before he talks.

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Business › Re: How Cardoso Rewired Nigeria’s Monetary Architecture In Three Year by DeLaRue: 9:23am On Sep 25

Mr Cardoso is Nigeria's greatest CBN Governor.

He literally saved Nigeria.

Politics › Re: Supreme Court Upholds Inec’s Appeal On Electoral Act . by DeLaRue: 9:21am On Sep 25

That's a big win for INEC, particularly going into an election season.

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Business › Re: TotalEnergies, AMNI To Invest $800 Million In Nigeria's Ima Gas Field by DeLaRue: 8:54am On Sep 24

According to those who refuse to see beyond their nose, how will this benefit the common man.

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Business › Re: J.P. Morgan Returns Nigeria To Bond Index After 11 Years by DeLaRue: 11:19am On Sep 15

BondRiv:
Why are the reforms not being felt by the ordinary Nigerians? J.P. Morgan is interested in making money for its shareholders. If anything, this shows Tinubu's policies are tailored to Bretton Woods institutions and friends.

The economy is rebalancing. It will take time.

If you don't believe in reforming the economy, just vote for ADC or NDC.

At least with ADC, they will bring back subsidy, and everything will be fine again. Sebi that's their promise. Just vote for them.

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Business › Re: J.P. Morgan Returns Nigeria To Bond Index After 11 Years by DeLaRue: 10:55am On Sep 15*

If Nigeria brings back subsidy, it will be kicked out again, and will not get back in for decades. Return of subsidy will send the naira crashing towards N2,000 to $1. Then the government will go bankrupt spending all its revenue and borrowing more to pay subsidy.

Then you will become Zimbabwe.

When the price of a basic loaf of bread is N5,000, Nigerians will beg for subsidy to be removed, and even if it is later removed, nothing will be the same again. The international community will have turned its back on the country, and you would be on your own.

No one in the international community will waste their time on an unserious country that did all the wrong things for 65 years, and just when an administration comes in to correct those things, desperate politicians that just want power promise to go back to the old ways.

I wait for that government that will bring back fuel subsidy. Nigeria will learn the hard way.

2 Likes 1 Share

Politics › Re: How Tinubu's Policies "Killed" Uber By Kofoworola Odozi by DeLaRue: 7:12pm On Sep 13*

Nigerians and histrionics.

Uber left. So? They also left Tanzania and several other large countries. And what is so special about Uber.

What services do Uber provide that Bolt doesn't.

This is an opportunity for Nigerian-owned start ups to come into the fray.

At the end of the day, Uber is mostly (not solely) a software, and I would be suprised if Uber directly employed more than 200 people in Nigeria - by the way, Uber drivers are not direct employees of Uber.

It is not as if Uber invested in a multi billion dollar factory employing thousands of people.

The problem with ride hailing businesses in most parts of the world is that, it is not a very profitable business. Grab is very dominant in South East Asia, but it is barely profitable.

Even Uber only became profitable in the US after about 10 years of heavy losses. So, if a business makes a decision to leave countries where they're are struggling to make profits, why are some people making it look like it is a catastrophe for those countries.

There are hundreds if not thousands of businesses that employ more people directly in Nigeria than Uber ever did. If one of those Nigerian companies shut down, no one says a word. But if a struggling foreign company whose services are also being provided by other companies shut down, some Nigerians go into a meltdown.

I think to them, validation by a white- owned company is more important to them. So when that validation is seen to be taken away, they go into a near irrational emotional breakdown.

I repeat, Uber leaving is an opportunity for those who care. If you are in a large-enough city, you can create your own uber for your city. It does not have to be nationwide. It's mostly a software. It can be done. The big challenge is ensuring you attract enough drivers to match passenger demand. If you can solve this challenge for your city, it is perfectly doable.

So people should stop whingeing and start thinking and seeing opportunities.

Culture › Re: Ogun Festival 2026: A Colourful Celebration Of Yoruba Culture, Tradition & Unity by DeLaRue: 1:54pm On Sep 04

Even the 2 muslim girls openly participate in Ogun festival

Many of those in that festival will also be in church on Sunday.

Yoruba people's tolerance needs to be studied.

Make no mistake, Ogun festival involves a lot of animal sacrifices and worship of Ogun.

I don't see how that sits well with being a Christian or muslim.

General Overseers and Pastors in that town/city must be wondering how such sizable number of people can participate in Ogun festival.

2 Likes 1 Share

Business › Re: Nigeria’s Economy Expands 17% In Dollar Terms As Naira Rally Boosts Growth Story by DeLaRue: 6:53am On Sep 02

lionshare:
You're correct.

Without that “paper growth,” you cannot have real growth. I honestly don’t know why this is so difficult to comprehend.

That growth is already doing something important: if the economy is growing faster than the population, then output per person is increasing. The problem is that the gains may not yet be evenly distributed, and that is a very legitimate concern. But that is different from saying the growth itself is meaningless.

People just don't understand that we are all already benefitting in a less visible way.

They don't want to know that without the improving economic growth, naira's value would be lower. That in turn would have made everything even more expensive. That's exactly what will happen if any government goes back to paying subsidy.

No subsidy is tough. But bringing back subsidy will be worse as the value of the naira will collapse.

Of what value will subsidy be if a loaf of bread start selling for N4,000 or rice for N150,000?

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Business › Re: Nigeria’s Economy Expands 17% In Dollar Terms As Naira Rally Boosts Growth Story by DeLaRue: 6:31am On Sep 02

Wonderful.

Once we land somewhere around 6.5% annual growth, we just need to keep growing around that rate for about 15 consecutive years, Nigeria will truly begin to transition from being a low income economy to a middle income economy.

Indonesia grew by around 5% per year for the past 20 years.

Consistent 6 -8% annual growth for Nigeria over the next 20 years is the key.

Even the 'Chinese miracle took around 35 years.

Nigerians are looking for an overnight miracle. A government that has been in power for just three and a half years cannot change everything that was wrong since Nigeria's independence.

This is the first government in decades that is trying to build a strong economic foundation for transformation, but some Nigerians say they don't or can't wait. They want to go back to oil subsidy, electricity subsidy that the country cannot afford.

That means instead of 15 - 20 years to Nigeria becoming a middle income country, that aspiration will be set back another few decades.

No problem, Ghana will become a middle income country long before Nigeria.

It's up to Nigerians.

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Jobs/Vacancies › Re: FG Launches “Hire From Nigeria” Campaign, Targets 1 Million Export-linked Jobs by DeLaRue: 9:30am On Sep 01

Waste of time.

Getting cement price down to N8,000 and diesel to around N900 will immediately create up to 50,000 jobs.

Outside of the big cities, construction of houses have reduced significantly in towns across Nigeria. People just can't afford the cost of cement, iron rods, and aggregates.

No house construction means thousands of bricklayers, carpenters, labourers etc are out of work.

If house construction can get back to a high level, up to 50,000 of these people can get back to work.

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Education › Re: FG Unveils ₦10 Billion 2026 Grant For Researchers by DeLaRue: 8:15am On Aug 31

NwaIgboBoy:
Different volume of cash has been granted by different administrations to aid research, but Nigeria has never came up with a single findings or discoveries. All products; scientific instruments, machineries, even human resources management has been always updated by Oyibo dem. Yes we are funding for research.

If this cash can be shared to citizens it will make meaning, every man go do your research.

There is very little original thinking here.

When I read research articles online, even Ghanaian ones tend to be better written.

Nigerians deceive themselves they are the best in the world. No, we are not.

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Politics › Re: Atiku's Policies Are For The Neighbouring Countries - Kemi Adeosun (Video) by DeLaRue: 4:49pm On Aug 30

Subsidy WILL NOT reduce transport cost or the price of any product.

Here is why:

Full restoration of subsidy WILL crash the value of the naira to more than N1800 within a week.

At N1800, sellers of all types of products will increase their prices by around 40%, and that includes Okada, taxi, and bus spare parts. Everything will be more expensive than they are today.

If you expect an Okada man to reduce his price because petrol is cheaper, he will ask you if you know how much spare parts cost.

So subsidy = no gain for the masses.

The only people that will benefit from subsidy are the new oil cabals that will emerge.

Shine your eyes. Don't be deceived by Mr Atiku's voodoo economics.

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Politics › Re: Atiku's Policies Are For The Neighbouring Countries - Kemi Adeosun (Video) by DeLaRue: 4:12pm On Aug 30*

I am 100% certain the Dangote refinery will not want anything to do with subsidy because with subsidy his refinery will be enmeshed in all sorts of shenanigans and dark schemes introduced by the new subsidy fraud cabal that will emerge.

Mr Dangote wants a clean business. Produce petrol and sell on a market-based willing buyer and willing seller basis. No long story.

Why would he want to get involved with anything government where one government ministry will be telling him sorry sir, the Minister has not approved the amount due to you. Hopefully next month sir.

Mr Dangote will refuse to sell to Nigeria and instead export his petrol. End of story.

Let Nigeria give its subsidy money to fraudulent subsidy cabals to import petrol for it.

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Politics › Re: Atiku's Policies Are For The Neighbouring Countries - Kemi Adeosun (Video) by DeLaRue: 4:04pm On Aug 30*

If subsidy returns, the value of the naira will fall dramatically.

And the more the naira falls, the higher the amount the government will have to use to pay for subsidy.

The more revenue the government uses to pay for subsidy, the less money the federal,state, and local government will have to share.

The less thae amount of money available to share, the less money states and local government will have to pay salaries, fix roads, and do anything else.

And then, the country will be back in half-salary crisis again, endless workers strike etc

Finally, when the naira drops to N1800 to N2000 to 1 dollar, and the price of everything increases to ridiculous levels, of what benefit will a N500 or N600 petrol be?

Are people thinking at all huh

1 Like

Politics › Re: Atiku's Policies Are For The Neighbouring Countries - Kemi Adeosun (Video) by DeLaRue: 3:52pm On Aug 30

benardtotti:
You said bread will be 3500. Bro bread will be 7500 for starters .

I don't buy bread so wasn't sure about the current price. I assumed it sells for around N2500 now.

The price is unlikely to reach your N7500 projection unless naira's value collapse to around N3000 to 1 Usd.

Politics › Re: Atiku's Policies Are For The Neighbouring Countries - Kemi Adeosun (Video) by DeLaRue: 1:22pm On Aug 30*

Also, the day Mr Atiku is declared winner, the value of the naira will collapse to around N1600, and within a week, it will head towards N1800, as foreign investors will scamper out of the country.

The world bank, African Development Bank, IMF, USA, EU, UK and every serious country and institution in the world is against fuel subsidy especially in a country like Nigeria that has endemic revenue problems that dates back several decades.

Mr Atiku claims he knows better than all of them.

They will so punish the naira that by the time it is trading at more than N2000 to 1 Usd, and the price of a loaf of bread is N3500, and a bag of rice is N150,000 Nigerians will beg for subsidy to be taken away again, but it would be too late.

The international community and institutions will look away. Nobody has time for an unserious country.

Nigeria will be on its own then, facing a Zimbabwe-type collapse.

You people should continue. No problem. We sidon dey look.

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Politics › Re: Atiku's Policies Are For The Neighbouring Countries - Kemi Adeosun (Video) by DeLaRue: 1:13pm On Aug 30

Even today, petrol is cheaper in Nigeria than in all surrounding countries.

Now think what will happen if it is subsidised and it becomes even cheaper, we'll be back to massive smuggling to neighbouring countries.

Meaning, Nigeria will also be subsidising petrol prices in all those countries with money that the Nigerian government should be using to develop this country.

Wonderful.

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