DeLaRue's Posts
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Mr Tinubu is proving to be a brilliant, strategic President who is moving Nigeria from height to height. I won't change him for any body right now. 4.3% Economic growth - great, more to come! $42 billion foreign reserve - wonderful! Naira stabilisation - excellent! Government revenues at record levels - unprecedented! Stock prices exploding - incredible! Non - oil exports going gangbusters - lovely! Projects everywhere - o ga ju! Abuja infrastructure - unparalleled! Student loan plus N20,000 free monthly stipends per loanee - thank you Mr President! All of that and more in just 2 and a half years. Currently, I would not change Mr Tinubu for anyone else. |
fuckingAyaya:'... from the new members class, I graduated from The Redeemed Christian Bible College, also School of Disciples to become a worker, then a Deaconess and later an Assistant Pastor in 2018' According to you, someone that went to bible college, and attended School of Disciples, then became a deaconess, and assistant pastor, is not fit to be a pastor ![]() Majority of pastors in Nigeria today have not even stepped foot in a bible college, yet this woman did, yet you still find fault. |
Projects everywhere. I passed this route recently on my way to Akure, Ondo state. Guess what, I was shocked to find another big road dualisation and complete reconstruction going on between Ore and Ondo town being done with concrete. This is not even the type of popular road that makes the news, but I hear the entire length of the road from Ore - Ondo - Akure will be totally reconstructed this way. If that is true, that will be a generational project for that part of Ondo State because such opportunity only come about once in 50 years or so for a road like that. And I am sure these projects are going on all over the country, many of which are not reported in the news. Yet, people keep asking where the money saved from subsidy is. |
Any one with a legal eye would be cautious about statements like 'I was positioned to be the face of...' Being 'positioned' doesn't mean much. You have to be 'appointed'. You may think you're being positioned, but the other person may just think you're positioning yourself. The music industry seems notorious for allegations of cheating. Unfortunately the industry was, and probably still is, an industry where the junior partner is at the mercy of the senior partner. It is also the case that the senior partner often have to spend a lot upfront to package the junior partner and even when there is a hit, the money that comes in may not cover all the cost, or there is little left after the cost is deducted. But the junior partner won't understand why huge sums are not dropping for him despite the hit. Also, singers often need 3 or 4 hits before they balance. One or 2 relatively small hits is usually not enough. |
In some areas, you can't sell basic things like palm oil, and other food stuffs unless you join an Association. The Association decides when, to whom, and how much you can sell. If you dare try to sell below the Association price, all hell will break loose. The unions are a cabal. Is this how other countries operate? |
Dangote Cement, Dangote Refinery and the other Dangote companies pay above the average salary in all the sectors they operate in, and there has been few to no public complaints from their employees over the years, about poor salaries or treatment. So those who are supporting the union on the basis that unions are essential for the protection of workers rights are overestimating the need for unions in a company such as Dangote refineries. I prefer to queue for petrol for the next 12 months. I don't mind. Mr Dangote must not back down. Unions of all sorts have run rings around various sectors of the economy to such extent, that they are now an obstacle to economic growth. You can't even sell some basic products unless you join an association. If you try it, the Association will threaten you, destroy your goods, and attack you and your staff. The constitution does not provide for this kind of unionism. |
I have not found it as difficult to keep walking along when begged for money. If I don't want to give, I just look straight ahead. I admit that I don't do a lot of on-street walking, and so my exposure to the most intrusive type of public begging is probably not representative of what others have encountered. |
In every corner of the economy, there is a union controlling who can sell, when, and at what price. A client of mine has been facing hell in the hands of a union because he refused to join a Pure Water Producers Association and sells his pure water at a lower price. They block his factory, accost his lorry drivers in town, attack them etc. That's despite the fact that the State's Deputy Commissioner of Police has had meetings with both parties and warned the Association that they do not have the right to force any person to join them. I hear markets up and down the country have the same problem. This is so backward. |
Too many unions for an economy that has aspirations to transform to a modern economy. We are in 2025 for goodness sake, not 2005. I just read in that write up about another union called NGIC which PENGASSAN has ordered to prevent supply of gas or something. Which one is NGIC again ![]() The Federal government and the National Assembly have to revisit tge laws on unions, and reduce their powers. |
Don't loud it. They soon tell you it is propaganda. |
Good policy, but will the officers in those schools let it be truly free. As federal government is announcing the policy in Abuja, some school administrators are also working out ways to introduce one illegal fee or the other. By Monday, new illegal schemes will have been perfected and put in place. God help any student that tries to challenge those schemes. |
From 37 million barrels stolen in 2021 down to around 3.5 million in 2025 is roughly 90% reduction. The recovery in the past 2 years has been outstanding. All concerned need to push harder to reduce theft to less than 2% within the next year. Channeling more resources to assist local youths in training and building businesses are key tools for gaining trust and reducing dependence on oil theft. |
The company declared $1 billion dividends to be paid to their shareholders a few days ago. No doubt, the local people read about it and said ehen...na so, no problem. In these days of social media, news get around super fast. That's what I suspect anyway. |
Is that a photo of the airport as it is today. I thought it was remodelled, so it should look different. Lazy job by the Vanguard. |
People just don't understand how government borrowing works, and why borrowing is needed. There is no country in the world that is not borrowing on a regular basis. Please name one country, if you know it. The countries that are not borrowing are probably unable to borrow because they have poor credit standing. The USA, France, Germany, Italy, Japan, South Africa, Kenya etc are borrowing on a regular/monthly and in some cases, weekly basis. For a developing country like Nigeria that has far more need for infrastructure that will underpin the economy 10, 20, or 30 years time, you need to borrow now, to undertake the infrastructure now. Mr Dangote borrowed billions of dollars to build Dangote refineries. The fact that you have money in the bank does not mean you should not borrow, if you need to borrow to invest in projects that your own money is not enough to undertake. That explains why the richest people in the world are also big time borrowers. Norway has $1.7 trillion dollars in the bank, making it probably the richest country in the world, but it is still borrowing. Saudi Arabia is a heavy borrower despite having $1.2 trillion in the bank. If you don't borrow to expand, you will be stagnant, and other people will leave you behind. What is important is that you use borrowing for good projects, and you can afford to repay it. The good news is that Nigeria can afford to repay its loans. And with government revenues rising exponentially, there is room for more borrowing provided it is used for beneficial projects, and the new tax law coming into effect next year will bump up government revenues to levels that Nigeria has never seen in its history. Don't let opposition politicians deceive you with the cries of too much borrowing. If they get in, they too will borrow. |
That's laughable. Mr Atiku's ADC will not get 25% of votes in any Southern state, unless Mr Obi is his vice. Even with Mr Obi as vice, ADC will only get 25% in may be South East states, but the party is unlikely to win any South East state outright. Large numbers of Southerners will not stand in a queue under the sun in order to vote a Northerner come 2027. 2031, fine. In the middle belt, ADC is unlikely to win any state especially if PDP performs well in the election. If my permutation works out, Mr Atiku can get 500 million votes in the far North states, he will still not meet a key constitutional requirement to be declared a winner of the election. |
While Mr Tinubu's administration has successfully stabilised Nigeria's economy and the roll off of positive economic news is now a weekly, and in some cases, daily event, Argentina's economy is collapsing, the same Argentina that Mr Atiku was citing as an example of economic reforms and progress less than a year ago. I also remember several of Mr Obi's supporters hailing the Argentinian president Mr Millie and holding him as an example of a 'good' leader, while casting Mr Tinubu as a terrible and failing one. Argentina's economy, particularly its currency, is collapsing. Trump's America was forced to rush out news early on Monday announcing that the USA would help and support Argentina with billions of dollars to stabilise the Argentinian currency, the peso, which has more or less collapsed in the past 2 weeks. How the tides have turned. Nigeria and Argentina were more or less facing the same challenges as of last year, but while Nigeria has turned its economy around, Argentina's is falling into the abyss despite Mr Millies borrowing over $40 billion dollars in less than 2 years to support the Argentinian peso, yet the currency has failed. I will continue to rate Mr Tinubu as the best President Nigeria has had since its independence, 65 years ago. Full stop. The man literally saved us from economic armageddon from which no other country would have come to save us. |
[quote author=BlackViper We have been told that the new tax regime will go into effect on the 1st of January 2026 and before then, everyone will be expected to already have a Tax Identification Number (TIN), but even as of now approaching the end of September, there is no single registration centre anywhere where one can get a T.I.N.[/quote]You can get you TIN on your mobile. Just visit the FIRS website. The entire registration process is very straightforward. Less than 3 minutes. And then your TIN is sent to your email. Those who don't have email will have to visit the FIRS office nearest to them. That said, I agree with you that dissemination of public information is below par in Nigeria. I struggle to understand what the Ministry of Orientation or whatever it is called, actually do. |
Excellent! The country is moving forward. Take your cue from investors, not the doom mongers. There is a rush to invest. I know what I am saying. |
Kalulu44:He does not need to swear. The government has been consistent from day 1 - they expect the project to be completed in 8 years. If you calculate from last year, that's 2031. You are the one setting your own completion time of 2027. Do you know of any country in the world where a 700 mile road through incredibly water-logged and generally very difficult conditions was completed in 4 years as you are demanding? If yes, please mention the country. |
NkankaCEO:Interesting. How? And for what purpose. And why do you people attribute so much to the presence of a seaport. The UK's largest port is in Felixstowe, a small town with a population of about 25,000. The 2nd largest port is in Southampton with a population of around 260,000, less than the population of a small section of many Nigeria cities. How come these towns are not competing with some of the most prosperous cities in the UK such as London, Edinburgh, and Manchester, which don't have ports and have millions of people. Also the largest port in France is in the town of Le Havre with a population of 270,000. How come it is not on the same level as Paris. Every little thing, sea port, seaport. Even if you remove Apapa ports from Lagos (which is impossible) and build massive ports elsewhere in the country, it will not have a major impact as private sector investors will step in and build better ports in Lagos or Ogun. A port in far away Ondo can serve Lagos perfectly. A modern prosperous city does not need a port to thrive. In any case, Onne port in Rivers is fully operational. If Akwa Ibom can build their port, great. |
They are under pressure from Aso Rock. I recall the President made a statement during one of his visits to Lagos a few months about indiscriminate land reclamation and directed his stern warning to the Governor, who was represented by his deputy at the event. It appears Lagos State government or the 9Governor did not act as required. The current rush must be as a result of 'final' warning from above. The President knows how much and how long it took to control long term ocean erosion along Victora Island axis. The indiscriminate land reclamation going on in there parts of the island will contribute to immense flooding in the future. |
I am not a keen folllower of boxing, and I only read about the coning of the fight on Thursday and I had forgotten about it. It popped on my you tube feed this morning and I washed some rounds. Boy, I don't think I have seen a boxer fight to cleanly and technically as Mr Crawford. I thought Mayweather had fast hands, but Crawford's hands appeared faster. He also seemed like a complete gentleman. Not loud and no pre fight gra gra. The guy is a better fighter than Mayweather. Like Mayweather, he has never lost a professional fight. He has now become the first person ever to become undisputed world champion in I think 4 weight categories now. Extraordinary. |
If Lagos State government had done this on its own volition, Punch would have been amongst the first to condemn the state-wide ban as elitist and an oppression of the poor. It used to be a credible newspaper, but not anymore - there is not a single federal government policy it doesn't criticise, even if the policy is a good one. |
Lovenorth:To be honest, I don't think Lagos cares much about what is happening in the rest of Nigeria. That is why, unlike other state Governors, you rarely see a Lagos State governor in Abuja, let alone spending an inordinate amount of time there like most other Governors do. If Lagos decides to leave Nigeria today, Nigeria will be on its knees begging. |
Funny enough, there are actually very few federal presence in Lagos these days. Beyonds ports (air and water), I can't think of many other tangible economically significant federal presence in Lagos. May be someone can remind me. And as the Lekki free trade zone port, and Dangote ports have proven, if the federal government says today that it wants to withdraw from owning those ports, private investors will swoop in and build even better ports. So the idea that the federal government is pushing too many resources into Lagos is not supported by facts. The big driver of Lagos success is not federal government. It is the state government, private businesses, and the people. Even the state government is a clog in the wheel in many ways. The real champions are the indomitable residents of Lagos. You can live in Lagos and not even know it is part of a country called Nigeria. Today, Lagos is providing more to the Federal government than the other way around. |
Beautiful. I think some South East and Northern States appear to be paying far more attention in planning and beautifying their state capitals. Most South West cities are laggards in these areas. |
Those surrounding green areas need to be planted with small trees and curated with shrubs and flowering plants. But that will probably not happen. The lack of trees contribute to why Lagos's lived environment can be harsh for its residents. Trees help with reducing environmental and noise pollution. Abuja that is hotter is a more pleasant place to live with a lot of trees in the nice parts of town. |
Presumably she will resume and sit in the seat she previously refused to seat it. So what was the point her needless self-inflicted public humiliation. |
Too much recurring brouhaha around minimum wage. The government should consider adopting a fixed annual salary increase within a band of say 7.5% - 8.5% per annum, reviewable every 7 years. An 8.5% annual increase will result in the minimum wage of 70,000 today rising to around 125,000 in 7 years time. If the government can afford 10% per annum, that means the minimum wage will more or less double every 7 years. This way, workers will know exactly what their salary will be for that period and plan accordingly. We also avoid recurring labour union agitation. If the increase is annual and gradual, it will become normalised and make less of a news and cause less exploitative price rises. I think this approach will be better than the usual 10-year wait to suddenly double the minimum wage. When market people hear say salary double, na to increase price of goods by 100% be that. |
iwaeda:That it is not happening everywhere in the country does not make it a lie. There has not been a time since Nigeria's independence nearly 65 years ago when every part of the country had good electricity supply. The government needs to keep up the pace of improvements in the power sector and ensure more and more parts of the country can benefits. |
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