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DeLaRue's Posts

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Politics › Re: Why Nigeria Should Switch To United African States by DeLaRue: 12:00am On Jan 21, 2025
A new name won't make a difference.

If you change the name but the people don't change their ways, the new name will also be tainted in no time.
Politics › Re: Where Is Chibuike Amaechi? by DeLaRue: 5:15pm On Jan 20, 2025
During the campaign for APC primaries, he said and did a few things about Mr Tinubu that left a lot to be desired.

He thought he was Mr Buhari's golden boy, and felt confident the former President would support him. That support never came.

Even after Mr Tinubu's triumph, he went to Mr Amaechi's House to visit as part of reconciliation, yet Mr Amaechi has remained recalcitrant.

He is now completely irrelevant.

If he gets any relevance in the future, it will likely be restricted to Rivers State.

As far as national politics within APC is concerned, I can't see a way back for him.

Politicians don't forgive and forget arrogant behaviour. The Tinubu boys won't look past his shenanigans.
Health › Re: Can A 2-Year-Old's Bow Legs Straighten Naturally Or Only With Surgery? by DeLaRue: 2:52pm On Jan 20, 2025
Unless there is an underlying medical condition causing the bow-leg, I would strongly advise you not to subject your baby to a leg surgery.

Most surgeries should be avoided unless absolutely necessary. It is risky. Better to have bow-leg than no-leg due to complications from surgery.

In most of Europe, it is uncommon to see an adult with the sort of severe bow-legs that is more common in Nigeria.

They have an inexpensive and practical solution that works to correct bow-legs in most cases.

In the UK, there is this wood construct they attach to each of a toddler's legs which helps to straighten the legs. A toddler's bones are amenable to reshaping because much of their body is less rigid than an adults, so this approach seems to work in most cases in Europe.

I am surprised this option is not available through Nigerian hospitals.
Politics › Re: Suspended Edo LG Chairmen: Abuja Court Declines Jurisdiction by DeLaRue: 2:11pm On Jan 20, 2025
I hope other courts follow this example and start taking the issue of jurisdiction seriously.

The way litigants leave their States and head for Abuja courts is ridiculous.

A Federal High Court in Abuja is not superior to any Federal High court in any State.
Politics › Re: Autonomy: 774 Councils To Open Dedicated Accounts With CBN by DeLaRue: 12:59pm On Jan 20, 2025
The government waited to secure Governors support for the tax bills before announcing this policy.

Brilliant politicking by the Government.
Politics › Re: Autonomy: 774 Councils To Open Dedicated Accounts With CBN by DeLaRue: 12:51pm On Jan 20, 2025
Sheuns:
Make dem no transfer the money back to their state governors.
That'll be unlawful transfer.

Any Chairman that does that, unless for monies genuinely owed to the State government, will have EFCC on his/her back.

Also, if a local government constituents see what local government Chairmen in other states are doing for their people, any Chairman that transfers his local government's monies to the State will be under immense pressure from his constituents.

The Governor of that State will get a lot of bad press, and come under pressure.

All of these will make wholesale transfer of local government funds to a State government unsustainable, and too much headache for both the Chairman and the Governor.
Politics › Re: Autonomy: 774 Councils To Open Dedicated Accounts With CBN by DeLaRue: 12:42pm On Jan 20, 2025
Fantastic.

A massive upper cut to Governors planning to sabotage local government financial autonomy.

Messrs Soludo and Oti's new laws to force Anambra and Abia local governments to receive their payments into a joint State and local government account is now worthless.

Now, no need for the Attorney General to waste 2 years fighting those laws through the courts while financial autonomy is grounded.

Mr Tinubu and his Lagos boys have shown again that their brain is full of Lagos streetwise-ness.
Politics › Re: Increase In Pump Price Not From Us ― Dangote by DeLaRue: 11:37pm On Jan 19, 2025
Dangote is basically saying the massive jump in prices to 1150 is not justified.

Petrol stations are the wall of jericho of car owners. Very exploitative and greedy set.

If MRS, Heyden, Andove etc can sell at around N950, why did other stations shoot the price up to above N1100 huh

Greed.

If you into app development, this is your opportunity. If you can map out all the locations of all MRS, Andova, Heyden etc in the country, people will be willing to pay a monthly subscription of N500 for it.
Politics › Re: Sanusi Accuses FG Of Sensationalising His Comments About Tinubu’s Policies by DeLaRue: 1:37pm On Jan 19, 2025
You are one of the leaders in this country, and your country is going through challenges, yet you say you have suggestions but you will not offer them because the people in power are no longer your friends huh

Petty, and unpatriotic.

Your advice may not even be better than what the government is doing already. But what if the advice will make the life of tens if millions better? You will deny them because of your stated reason?

If you don't want to advice (which is your right), why did you have to announce it to the world.

What example does this sort of unpatriotic mindset set for young people about 'national interest', 'sacrifice for your country' etc

The valiant men in the military putting their lives on the line and sacrificing to fight off insecurity, should they only do so if they like the government of the day?
Business › Re: First Bank Statement On General Hydrocarbons (GHL) Loan Facility by DeLaRue: 11:41pm On Jan 16, 2025
OkayDaddy:
What did Nduka use that money to do?
The humongous amount certainly raises eye brows.

Especially when you realise that there are probably not up to 500 people in Nigeria worth more than $200 million.
Business › Re: First Bank Statement On General Hydrocarbons (GHL) Loan Facility by DeLaRue:
Those who approved a $200 million loan to a journalist who is reported to have a chequered credit history to run an oil well did a horrible job.

There is a valid question to be asked about how much a journalist, however senior, knows about oil exploration and production.

And why did the Agreement under which the crude oil production proceeds were to be shared 50/50 between first bank and Mr Obaigbena's company not put the most stringent conditions and measures in place to ensure the company could not divert proceeds or the crude oil.

So, you people sat in your air conditioned offices in Lagos trusting that Mr Obaigbena will be honest in sending the proceeds to you guys without proper onsite oversight. While I am not in a position to attest to Mr Obaigbena's honesty or otherwise, you simply don't do business like this in Nigeria.

The first bank people who approved the loan, and managed the relationship thereafter were either incompetent, negligent, or both.
Politics › Re: Sachet Milo Was N20 In 2015. Now It Is N250. Who (Or What) Do We Blame For This? by DeLaRue: 6:41am On Jan 16, 2025
Cocoa price on the international market has reached record levels in the past 2 years.

Cocoa is now super expensive. Add to that the exchange rate, and you have skyrocketing prices of any product with real cocoa in it.

Cocoa farmers and traders are making tons of money now.
Politics › Re: Do You Know Mahmood Yakubu Will Not Conduct 2027 Elections? by DeLaRue: 6:31am On Jan 16, 2025
Oghene86:
That one go hard o, he for just appoint himself as INEC chairman then make we rest.
It will probably be someone from the South South, or Kwara.

Akpabio, Oshiomole, and Mr Wike will find someone from the South South.

The other option is someone from Kwara, North Central.

One thing is certain, the appointment will be made very carefully.
Foreign Affairs › Re: Impeached South Korean President Detained Over Martial Law Declaration by DeLaRue: 5:02pm On Jan 15, 2025
So many shades of democracy practiced around the world.

And it doesn't appear to work properly anywhere.

The South Korean democracy is laughable...how can a democratically elected President declare martial law, over some domestic issues.

As for Nigeria, it is difficult to see how democracy can work properly. It simply can't.

Communism is even worse.

So which way huh
Politics › Re: Critical Indicators Show That There Are Attempts To Reduce PDP To Branch Of APC by DeLaRue: 3:06pm On Jan 15, 2025
Then you people should refuse to be co-opted na.

What kind of sissy whingeing is this.

Especially for a Party that boasted it would govern Nigeria for 60 continuous years.
Business › Re: First Bank V Nduka Obaigbena: Oil Vessel Owned By General Hydrocarbons Seized by DeLaRue: 10:17am On Jan 15, 2025
Tjra:


No wonder his media outlet has been publishing rubbish news about First Bank and Otedola.

Everything the debtor has should be sold off. The Bank should contract me for this recovery job, I will start from that useless Arise TV.

Rufai, Abati and the other mofos will soon be out of job cheesy
Arise is a separate legal entity so ordinarily it is protected from the consequences of the actions of the company that owes money to first bank.

That said, if First Bank wins the substantive case in court, then First Bank may be able to go after Mr Obaigbena's assets, including his shareholding in Arise TV.

But even that is not straightforward. The law will treat Mr Obaigbena as separate from his Companies so only in rare cases will a court allow a creditor to go after the assets of a shareholder/director especially if the latter did not personally guarantee the loan given to his company.

This is going to be a long and complex legal battle.

The Debtor will use all the legal tricks available to delay and frustrate any court case.

But First Bank, led by a tenacious Mr Otedola will have assembled a legal team that is street wise and ready to thwart the other side's shenanigans.
Business › Re: First Bank V Nduka Obaigbena: Oil Vessel Owned By General Hydrocarbons Seized by DeLaRue:
Over the last 15 years or so, First Bank has proven to be one of the most poorly run banks in Nigeria.

The bank almost collapsed and was on financial life support for about 10 years due to a terrible $100 million that it gave to an oil services company over a decade ago.

Since then, the bank has gone from being the largest and most profitable bank in the country to being number 5 now.

It is shocking to hear that the bank did not learn from the previous experience and went ahead to give a $200 million loan to a company owned by a journalist angry

What does a journalist know about developing and running an oil well.

The current management of first bank needs to investigate the compromising role played by some of the banks previous directors.

No wonder the corrupt elements are fighting Mr Otedola through the media.
Politics › Re: Release Freak-off Tapes To The Public - Diddy Tells Court by DeLaRue:
Of everything I have read about this man's issue, I still have not seen any tangible offence he committed.

Unless any of the participants in the sexual activities are under the US age of consent, or they were forced, manipulated, or deceived into participating, it is difficult to see why 2 or more adults consenting freely to engage in sexual activities in private should be a problem.

Not that I am particularly interested in this or any other American palaver (we have too many of our own problems in this country), however, I will maintain a slight interest in seeing what evidence the prosecution finally presents.
Business › Re: CBN fines nine Banks N150m each for failing to dispense cash via ATMs by DeLaRue: 9:32pm On Jan 14, 2025
Was pleasantly surprised last week that I was able to withdraw N60,000 at a Zenith ATM.

For more than a year, I had not been to any ATM because I wrongly believed all ATMs gave a maximum of 10k smiley

I have got used to not using cash. I have realised that I spend less that way.

If I have cash on me, no so so dash I dey dash am out.

I am going 100% cashless.
Politics › Re: We Will Prioritize Passage Of Tax Reform Bills – Speaker, Abbas by DeLaRue: 4:24pm On Jan 14, 2025
oyichi:
he will win, his is not a good leader but he is a very good political calculator
How is he not a good leader?

Who is...Mr Jonathan, or Mr Buhari?

Mr Tinubu is the best or at least, on course to be the best, elected leader Nigeria has had since independence.

If you dispute it, name a better leader. And list what they did that made them the best.
Politics › Re: We Will Prioritize Passage Of Tax Reform Bills – Speaker, Abbas by DeLaRue: 4:19pm On Jan 14, 2025
Never again should a President from the South be afraid to do what is right for the country out of fear of losing Northern votes.

If they won't vote for you, they won't vote for you even if you toe their line.

Mr Jonathan learnt a bitter lesson.
Politics › Re: We Will Prioritize Passage Of Tax Reform Bills – Speaker, Abbas by DeLaRue:
I think the loud and vociferous pushback from the Southerners on social medial shocked some of the leaders in the North.

I believe they initially assumed, once they come together to denounce the tax bills, the President will panic (as Southern Presidents have tended to do historically) and roll back the bills.

However, the President's refusal to yield to NEC request for withdrawal, his statement that there is no going back on the bills, and the refusal of middle beltans to support the predominant Northern position, plus the fierce (though sometimes unnecessarily caustic) social media response weakened the Northern resolve.

I think this is a significant and hopefully irreversible psychological victory for the South.

They threatened fire and hailstorm, and vowed to vote out the President come 2027. The man called their bluff, and said he doesn't care.

When you wan bully someone and the person say, oya, go on, I no fear you. You go weak na.

The sense of political supremacy by the North is being consigned to history.
Politics › Re: Inside Atlanta Suburban Home Where Obasa Slept As Speaker Woke Up As Floor Membe by DeLaRue: 3:57pm On Jan 14, 2025
UHLmoving:
So he wasn't in Lagos during the impeachment process?

The gangs had to impeach him in his absence

Isnt that a form of cowardice?
No. It is called ruthless efficiency. No noise, no drama. Even the media only got wind just before the deed was done.

Brilliant execution.
Politics › Re: Inside Atlanta Suburban Home Where Obasa Slept As Speaker Woke Up As Floor Membe by DeLaRue:
When your political opponents wants to run your matter, you self go weak at the extent they will go to.

If the man dares to yarn anyhow or issue any bad press release, they will open another page in his 'file'.

Information about girlfriends will be released. What he bought for them, his love nest etc The man self go shock smiley

If he still doesn't get the message, no problem. They will publish all his properties and send EFCC after him.

The best thing for him right now is to jejely keep quiet, and not say pim.

Politics no be joke.

Especially in Lagos, where 100% loyalty is non-negotiable.
Politics › Re: ANGRY NORTHERNERS DARE TINUBU: DON'T SPLIT NCAT TO 6 GEOPOLITICAL ZONES OR FACE by DeLaRue: 9:02am On Jan 13, 2025
bdon123:
It cannot be done.NDA is too big to be moved.D infrastructure there cannot be easily replicated in another region.its too capital intensive
It can be done.

First thing is land, which is easy.

Next are buildings.

Then trainers & other personnel.

Then other physical infrastructure and equipment.

There's nothing here that a determined federal government can't do over a 6 - 7 year period.

N35 billion per year for 7 years will do it.
Politics › Re: FAAC: FG Establishes Team To Directly Distribute Funds To 774 LGAs Nationwide by DeLaRue:
Kobojunkie:
1. Any business entity is allowed to gave multiple accounts for its business purposes. undecided

2. The current constitution clearly indicates that the State Government is to create and maintain(not directly access for its own purpose) only one account for FG to drop the LG-related funds into, after which, the State is then to distribute the funds in that account directly to the LGS based on sharing formulae/decision made by the National and State assembly. undecided undecided
The Supreme Court decision requiring payment directly to Local governments supersedes any related provision of the Constitution, so any State hiding behind a secondary provision of the Constitution to thwart or undermine the Supreme Court decision is acting in contempt of the Court. The Supreme Court can haul the Attorney General of Anambra before it to explain the actions of the State, and he could be held in contempt of the Court.

That is a serious matter for a lawyer.

The only way to overturn the decision of the Supreme Court is via a law promulgated by the National Assembly and assented by the President. You and I know that is not going to happen.

So the Supreme Court decision remains final.

Mr Soludo and the gentleman in Abia are wasting their time rushing to pass new laws to effectively preserve the status quo.
Politics › Re: FAAC: FG Establishes Team To Directly Distribute Funds To 774 LGAs Nationwide by DeLaRue: 10:05pm On Jan 12, 2025
The guy from Ogun State government said: 'there is no cause for alarm' grin

Nigerians and drama.

Simple question - is Ogun State prepared for direct payment of allocation to Local Government. He didn't provide a direct answer.

Who asked him if there was cause for alarm.
Politics › Re: 10 African Countries Projected To Have The Lowest GDP Growth In 2025 by DeLaRue:
5 of the largest economies in Africa are on the list:

Nigeria - 3.2%
Algeria - 3.0%
Angola - 2.8%
Tunisia -1.6%
South Africa- 1.5%

So Nigeria is projected to have the highest growth amongst them.

Why are you people suggesting this is a bad story for Nigeria? It isn't

By the way, Nigerian government's own projection is 3.7% growth in 2025. If Nigeria can hit 3.7% this year despite all its challenges and may be 4.2% in 2026, that would be good.

In any case, these are merely projections. Actual growth may end up being higher or lower.
Politics › Re: Federal Government Allocates ₦15 Billion For Benin-Akure-Ilesha Road Dualization by DeLaRue: 8:33am On Jan 12, 2025
Interesting fact:

If you drive from Oluku Junction in Benin, and you do not turn left or right, that road will take you to Iwo Road, Ibadan.

And with just a single left turn at Iwo road round about, Lagos beckons.

That's Edo, Ondo, Osun, Oyo, and Lagos with only one turning.

Wonderful.
Politics › Re: Federal Government Allocates ₦15 Billion For Benin-Akure-Ilesha Road Dualization by DeLaRue: 8:18am On Jan 12, 2025
That's a very long road cutting across 3 States with several bad sections.

N15 billion can't fix it.

The sections between Ilesha and Ife towards Oshogbo needs complete re-tarring. I doubt N15 billion can even fix that section.

Ilesha to Akure is relatively OK, just needs minor patching.

Akure to Owo needs more patching.

I haven't travelled Owo - Benin for several years, but it used to be horrible after Ifon.

Hopefully N15 billion is just a start and more money will be allocated in future budgets.
Politics › Re: If For Example Dollar Fall Back To 200naira? by DeLaRue: 9:07pm On Jan 11, 2025
I don't believe Dollar will fall below $1000 within the next 3 years.

Whether it is PDP, LP, ZZQ, or VPN in power, it will make no difference.

There's no magic anywhere.

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