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DeLaRue's Posts

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Politics › Re: FG Discloses Locations For Free Conversion Of Diesel-powered Vehicles To CNG by DeLaRue: 3:47pm On Jul 16, 2024
This is a good practice solution.

Unlike the news about federal government sharing 25 trailers of rice per State. What 8s rge point.
Politics › Re: Ohanaeze Rejects Tinubu's Ministry Of Livestock,says It's Reintroduction Of Ruga by DeLaRue: 7:09pm On Jul 15, 2024
I don't see any connection between the new ministry and RUGA.

If every government has tried all they can, going all the way back to Mr Jonathan, and nothing has worked to effectively contain the menace of herders.

May be we should try this ministry idea and hope it works.

Also the Ministry is not just about herders.
Politics › Re: EXCLUSIVE: Tinubu Gets New Jet, Plane Sighted In France With Fg’s Tail Reg by DeLaRue: 5:35pm On Jul 15, 2024
Whether the federal government buys a new plane or not will not change anything.

Private citizens in Nigeria buy private jets.

So what's the big deal if the federal government buys one for the country because the one we have is more than 20 years old and dangerously old huh
Foreign Affairs › Re: Houston Without Power Supply For 4 Days, Declared A City In Crisis (Video) by DeLaRue: 3:51pm On Jul 15, 2024
Ttipsy:
At least they will be alright soon not like a place in Africa
The US experience power cuts more than you think.

Usually weather related, but also supply not meeting demand.
Foreign Affairs › Re: Houston Without Power Supply For 4 Days, Declared A City In Crisis (Video) by DeLaRue: 3:44pm On Jul 15, 2024
Oops!

'in sane society'

'in the abroad'

'in overseas'
Celebrities › Re: Davido Spotted Spraying Money In The Street Of Lagos With His Convoy by DeLaRue: 2:24pm On Jul 15, 2024
What currency. Naira?

I doubt it?

If it is, the Efcc should investigate.
Politics › Re: Dangote Refinery Is Not Worth 19 Billion Dollars ! by DeLaRue: 10:52pm On Jul 14, 2024
That may be the reason the current government has held back on paying for an additional 13% stake in the refinery.

With everything we now know about how Mr Emefiele's CBN, NNPC, and people at Aso Rock behaved then, the current government probably believes the valuation of the refinery was deliberately/fraudulently inflated.

Mr Tinubu is smart.
Politics › Re: NNPC No Longer Owns 20% Of Dangote Refinery, Says Aliko Dangote by DeLaRue: 10:26pm On Jul 14, 2024
People should understand that owning 20% of a business doesn't just mean owning 20% of profits. It also means owning 20% of the risk. You will also continue to make financial contributions into the future. It is not all beds of roses.

Also, owning 20% of a business usually means you have no say in the business. You are a minority shareholder. That puts you at the mercy of the majority shareholder.

It is also possible that the current government doesn't believe the valuation of the refinery reflects fair market value, ie, the valuation may have been more than it should have been, in order to get more from the government that the share are really worth.

Finally, at a time when the government is struggling to cope with all manner of economic challenges, the government may not consider it exexpedient to pay hundreds of millions of dollars to Dangoto for a minority shareholding.

The government may be right not to funnel scarce national resources into Mr Dangote 's pocket.
Politics › Re: NNPC No Longer Owns 20% Of Dangote Refinery, Says Aliko Dangote by DeLaRue: 10:17pm On Jul 14, 2024
If the government is interested in the remaining 13%, they will get it even if the payment is late.

The government can deal ruthlessly with Dangote if it blocks the government. Mr Dangote will be the one begging in the end.

I think the Indians issuing statements up and down don't understand what 'federal power ' means in Nigeria.

I suspect the government is not interested in the remaining 13%.
Celebrities › Re: Biodun Okeowo Weds Adeniyi Olabiyi (Photos) by DeLaRue:
The guy's cream/white attire is stunning. It looks like the attire real Yoruba Chiefs of old would wear.

Even if my tailor can nail it, can I wear it. Hmm.

This kind attire can only go well with 2025 Range Rover Autobiography, Lexus 600h, rolls royce etc

Please don't dress like that if you drive Camry, Highlander, Hyundai, Ford etc
Politics › Re: Tinubu Must Name Something Big After Chinua Achebe by DeLaRue: 5:50pm On Jul 13, 2024
There is no compulsion to it, so using the word 'must' is unnecessary.

If Mr Tinubu doesn't honour him, it is not an issue. Another President can honour him if they wish.

There were President's before Mr Tinubu who did not honour Mr Soyinka. I suspect his attaining the rare age of 90 helped to bring the need to name a national monument after him to the fore.

This is not a competition.
Foreign Affairs › Re: Countries With The Largest Gross Domestic Product (GDP) 2024 by DeLaRue: 12:39pm On Jul 13, 2024
Objectivist04:
I wonder why Japan's economy keeps declining despite their high technological know how.
They were second just after US before china overtook them about 7 years ago, now I am surprised to hear that Germany have also overtook them and thereby punishing them to number 4
Currency.

The Japanese Yen is now over 160 to a dollar, I think. Just a few years ago, it was 110 -115. As your currency's value decreases against the dollar, your GDP will be recalculated by the percentage of the decrease.

Same thing happened to Nigeria.

That's why we went from No.1 in Africa to No.4. If naira keeps falling, and South African Rand, or Egyptian Pound remain stable or gain in value against the dollar, their GDP will be worth more in dollar value than Nigeria 's. That' exactly what happened in the past year.

The strength of every economy in the world, including each country's GDP, is calculated by reference to the almighty US dollar.

Another problem for the Japanese is the country's population is falling every year. It means there are not enough newborns replacing those dying. So, their domestic market is shrinking, their companies can't find enough employees, the proportion of old people relative to young ones is high and increasing. In another 100 years, Japan's population will be less that half what it is today.

Japanese are not having sex. The men refuse to have it. The women don't want it either. So, few children are being born. The country is slowly dying.
Politics › Re: PSA: Local Government Officials Don't Have Immunity by DeLaRue: 3:55pm On Jul 12, 2024
I don't understand why the DSS and National Security Agency don't automatically tap the phones of all governors, Senators, local government chairmen, heads and senior executives of NNPC, NPA, and other agencies and departments riddled with corruption from time immemorial.

All of these people can't be more than 5000.

The moment they're appointed/elected, put them, their wives, and corrupt facilitators under automatic watch.

Even if it is illegal to do so. Just do it underground. The CIA does illegal tapping of criminals phones all the time.

I agree with the Op, thankfully local government chairmen don't have immunity.

Just pass all their corruption activities to Efcc. Efcc should pick them up, and slam them with charges.

Once a few of them go to jail during their term in office, the others will moderate their ways.
Politics › Re: LGA Fiscal Autonomy Will See To A Lot Of States Going Bankrupt by DeLaRue: 12:59am On Jul 12, 2024
Many will say they should go bankrupt. People don't care about these Governors anymore.

Since 1999, they have got increasingly worse. More and more billions stolen by them. Haba.

Let's see what Local government will do with their own money.

A local government chairman will think twice about robbing his people blind like Governors who are so heavily protected by security, they are so remote from the people.
Politics › Re: When Anyone Criticise BAT ,He Is Tagged Obidients, Are Non Obidient Enjoying ? by DeLaRue: 5:13am On Jul 09, 2024
UselessBuharist:
Nobody says you shouldn’t support or have a divergent opinion but stop tagging everyone that has contrary views and opinions about this evil government IPOB and Obidient.
I have been on Nairaland for many years, and I have never used the words 'obidients', 'Ipob' or words that may offend people.

Abusive or insulting words are just not in my lexicon. I can't even do it if I try.

So bro, I 100% believe those complaining about the country's situation have the right to do. But I also don't believe in lumping everyone together as Yoruba this or that.

Not every Yoruba person voted APC.
Those who did had a right to vote that way.
Not all Yoruba people support the government.

So the constant generalisation is unnecessary.
Politics › Re: When Anyone Criticise BAT ,He Is Tagged Obidients, Are Non Obidient Enjoying ? by DeLaRue: 1:30am On Jul 09, 2024
What exactly do you want people who don't support your views or position to do?

Leave the country for you?

The reality is there are those who believe things will get better and that 1 year is not enough to judge a new government.

You disagree. Which is fine.

You want to protest. That's probably fine too. Just do it and let people rest.

The type of democracy that does not allow for a divergent view is obnoxious and dangerous.
Politics › Re: Wike Has Plans To Contest Against Tinubu In 2027 ~ Dan Nwanyanwu Alleges [VIDEO] by DeLaRue: 12:47am On Jul 08, 2024
He will likely context the PDP primaries but only as a spoiler to Atiku.

If he wins PDP primary, he will put in a half hearted campaign and work for Mr Tinubu in the background. That's because he can not win a presidential election against the President.

So, he will spoil PDP's show, and return to being FCT minister after the election.

There is no other credible permutation for Mr Wike. He will do anything to frustrate Mr Atiku.
Business › Re: ECOWAS Set To Unveil Single Currency ECO by DeLaRue:
I think I read a while ago about France and francophone countries trying to control the currency.

Mr Tinubu's government seems to be signing international treaties with regularity.

I hope they are reading the small prints of these documents.

Nigeria must not participate in any currency that is under French control.

If we do the right things Nigeria will be bigger than France in less than 30 years.

France and the UK are living on past colonial glory. Their economies are verging on bankruptcy. They have nothing over Nigeria.
Politics › Re: Ekiti Agog As FG, EKSG Sign MOU Converting State Specialist Hospital To Federal by DeLaRue:
I still remember Mr Tinubu's presidential campaign in Ekiti, which I think was his first in the South West and may be even the country.

The fervour of the ordinary people as his campaign train moved down a road in Ado Ekiti was something to behold.

Watching on TV, the energy in the crowd of people on the street, in balconies, and on anything they could find to stand on was mesmerising. What a day it was.

I don't think Mr Tinubu, or 'Emilokan' as he was popularly called then, will ever forget that experience.

Helping to convert their State hospital to an FMC must have been an easy decision for the President.
Politics › Re: Certificate Forgery: Abdulaziz Abdulaziz Exposed Adeosun But Now Backing Tinubu by DeLaRue: 1:57pm On Jul 06, 2024
The President is not involved in any certificate forgery.
Politics › Re: My Small Shop In Ilorin Was Destroyed By Abdulrazaq's Government by DeLaRue: 1:48pm On Jul 06, 2024
One thing I don't mess around with is notices or warnings from a government, even if it is local government.

Even when it appears that a government has forgotten about a notice or warning, there is always a possibility it will turn up one day and efforce it.

I don't know the specific detail in your case, but in my experience, in the vast majority of cases, a government will not suddenly start destroying structures without prior notice.

Of course, it is possible the notice was before you invested there and you didn't know about it. I can only imagine the pain of your loss. Especially in these tough times.
Politics › Re: Peter Obi congratulates UK's PM-elect Starmer, Urges Collaboration With Nigeria by DeLaRue: 10:45am On Jul 05, 2024
There is a protocol for doing these things.

You wait for the President of your country to issue a congratulatory message first. I am not sure the President has done that yet.

Rushing out to congratulate the new leader of a country where nobody knows you or think you are relevant is ridiculous.
Politics › Re: Constitutionally, Sultan Has No Power To Appoint Anyone – Sokoto Govt by DeLaRue: 9:02pm On Jul 02, 2024
EreluRoz:
The northerners are cooking something, watch out for 2027
What's so special about Northerners that seems to make you beholden and frightful.

And who told you the ones moving about speak for all Northerners.

And why do you think politicians in the South cant or are not cooking their own thing?
Business › Re: Do Nigerians Know Escrow Exist ? Why Don't Nigerians Use Escrow ? by DeLaRue: 7:19pm On Jul 02, 2024
'Online' escrow services run by companies that are not well known hardly inspire confidence.

Only established, well known financial services companies can run escrow services that people will trust.
Politics › Re: TCN Tackles BEDC Over Planned Power Outage In Ondo, Ekiti States by DeLaRue: 3:23pm On Jul 01, 2024
tungamaje:
Like us in Akure. Whether they give light or not, at the end of the month they come with their ladder to harvest money. I don't know who can save us here.
Eyah, sorry o.

Seems Ondo has a serious electricity problem.

Power supply in Nigeria defies solutions.
Politics › Re: What Asiwaju & Patch Patch CBN Gov Should Be Doing? Zambia Has Taken A Clue! by DeLaRue: 6:18pm On Jun 30, 2024
The use of dollars in routine transactions is still rare in Nigeria. So, it is not as big a problem as it is in Zambia.

It happens mostly in property transactions involving Nigerians based abroad, which is understandable in some ways.

Besides, the CBN banned the practice a few months ago and the ban was well publicised, even here on Nairaland.

So abusing the Cbn Governor and the government for not banning it is a reflection of the wanton rudeness that typifies how many of you engage with other people.
Politics › Re: Chinese Are Planting Cassava In Ogere Remo While Nigerians Scream Hunger. by DeLaRue:
I don't think there is any country in the world where able bodied young men sit on socail media all day abusing government for not providing them with cheap education, cheap power, cheap petrol, cheap tomato, cheap garri, cheap yam, cheap pure water - basically, cheap everything.

That 's despite the fact that everything I listed up there is still cheaper in Nigeria today than in any country around us.

- Go and farm. No.
- Ok, grow something, anything, in your backyard. They refuse.
- If you can't get job with your degree, learn work. No way.
- University increases school fee to less than N100,000. All hell breaks loose. But they jump at any opportunity to pay N20m school fee abroad.
- Power nko? Most people don't pay. They steal it.
- Government gives loans for small businesses, farming etc They chop, clean mouth and don't pay back.

On and on it goes.

Is there any government in the world that can develop a country with a people like Nigerians?

I don't think so.
Politics › Re: Nigeria Don’t Have Money To Pay Subsidy But There Is Money To Buy Jets? by DeLaRue: 6:45pm On Jun 28, 2024
If you need a car to do your work, will you deny yourself one because you already denied yourself the joy of spending every evening at a joint.

The two things are not mutually exclusive.

Not doing one doesn't mean not doing the other.
Politics › Re: Delta Revalidates $27.2bn Escravos Seaport Project by DeLaRue: 1:07pm On Jun 28, 2024
On the issue of Lagos and whether people from the SW are against the citing of ports in other regions.

The deck of importance has been reversed. Ports now need Lagos more than Lagos needs them. The economy of Lagos doesn't in any way depend on whether a port is there or not.

UK's largest ports are located in relatively small towns. The presence of ports has not necessarily transformed the economy of those towns, nor has the absence of ports affected London, Manchester or Edinburgh.

Does Paris have or depend on a port. Madrid? Berlin? and so on.

Ships from around the world unload goods at your ports. Trucks from far away drive through your city pounding your roads and creating mayhem. They load their goods and leave your city.

Ok, may be truck drivers use hotels for a couple of days, buy meals here and there etc. Lagos gets PAYE tax for port employees and companies in that sector. All well and good, but does that mean Lagos economy will tank if the ports are moved elsewhere. Absolutely not.

It is the federal government that makes 90% of port-related revenue.
Politics › Re: Delta Revalidates $27.2bn Escravos Seaport Project by DeLaRue:
I think this is hot air.

No foreign company or group of companies anywhere in the world will invest $27 billion dollars in any single project in Nigeria, let alone a port in Warri.

$27 billion! Or do they mean $2.7 billion. The new port in Lekki cost less than $4 billion. Dangote 's unprecedented refinery costs less than $20 billion.

Onne which can't be that far from Warri is not even operating at full capacity. There' are also Lekki and Apapa ports.

Do people think investors won't look at the competition. They'lll just throw $27 billion into a project. Just like that.
Politics › Re: Multinationals That Have Left Nigeria Since When Tinubu Took Over In 2023: by DeLaRue: 2:31am On Jun 27, 2024
About 600,000 businesses close down in the USA every year. From the UK, Canada, Germany to Sweden and many more, tens of thousands of businesses close every year.

It is inevitable that some businesses will close, but what is more important is the number of new businesses that are created.

Nigerians are creating businesses in their thousands daily. We need to continue to do that. Local businesses create far more jobs than foreign companies create.

We need to take advantage of any gaps left by the few foreign companies leaving.

We can do it.

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