DeLaRue's Posts
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femicyrus:So, you know any country in the world where a bag of rice is currently N8k. Please mention. |
Ikaeniyan0:This idea that importers will 'source their own dollar'. From where exactly can they source the dollar that it won't affect the value of the naira. We only started growing rice in large scale probably less than 7 years, and according to you we should penalise the farmers for not growing enough. So, when these farmers become unemployed because they can't compete with so-called cheap imported rice, and they turn to banditry, armed robbery and terrorism, then we start blaming the government for lack of jobs ![]() And then the government has to spend billions of dollars, that we borrow, to buy more military equipment. And the more the government borrows, the more the naira value falls, which will cause more inflation, which will lead to more company closures, which will result in widespread job losses, and then more strife in society. Can you not see it is a horrible vicious circle. All for cheaper bowl of rice? |
fineboynl:It is not as simple as that. Before Nigeria started producing rice in large scale a few years ago, we were spending over $2 billion dollars a year importing rice. If the last administration had not banned import and encouraged local production, we would probably be spending $3 - $3.5 billion now. And the amount would have continued to increase every year. Now, we are able to produce a lot of rice, with tens of thousands of farmers gainfully employed and hundreds of billions invested by large corporations too. Besides the above benefits, producing our own rice means we are less dependent on other countries and it improves our food security. Now. do you prefer that we throw all these away, send $3.5 billion to Thailand to keep their own farmers employed (while ours lose their jobs) and also strengthen their economy while destroying our currency just so we can buy a bag of rice for may be N30, 000? In any case, if we go by experience, once the importers destroy local production with initial cheaper price, they will soon increase their price to the same N40k or more. What will you do then. And every month the whole country will be monitoring the news to check whether the ship from Thailand is on its way to Apapa, or the country goes hungry. Do you really prefer that? Governing a country is far more complex than some of the simple solutions that we are so sure will work. |
Such a naive and disjointed tax proposals from the Op. None of the things he said is practiced anywhere in Europe or America. He doesn't understand the tax practices in those places. Soth Africa has not stopped Nigeria companies from entering and competing in their market. Nigeria simply donesn't have the products, or technology that can do well in SA at this point. But tat can change in the future. As someone mentioned above, the government can look at enthroning better competition by forcing MTN to open its network for use by other telecom companies at a price that works for all sides. |
ahnie:Sorry, I'm just trying to envision the scenario. So, the husband will just purchase a sim card, grab or demand the wife's phone, then proceed to change the wife's sim card...because a man from her past might call her. Is the wife a slave or house girl. Smh. How is a relationship built on such tenuous trust, and aggressive posturing by the man going to survive for decades. I think there are more subtle ways of dealing with such issue. As someone mentioned above, it wont take any effort for the lady in question to tell the guy to stop calling. The fault is with her. Also, how can an ex call you on your wedding day, and you answer the call. I, as a man, would not answer a call from an ex girlfriend on my wedding day, let alone ushering my wife or bride to be to come and talk to her. It just shows lack of understanding of what marriage is, and also lack of respect for the spouse. The man self come collect phone to talk to an ex boyfriend ![]() I just don't know what the world has come to. Many people getting married just don't have the maturity. |
Nigerians are too difficult. The way they talk and conduct themselves is mentally exhausting and excruciating to watch. Even on foreign social media, the way they converse is often too crude to bear. While citizens of other countries mostly engage in constructive and civilised criticism of their countries and leaders, Nigerians on foreign social media rain abuses and curses unabashedly on their country and leaders for cheap likes from foreigers, not knowing they are instigating disgust in many readers at the crude way they express themselves. There are many countries doing worse than Nigerian in several areas, yet you do not see the sort of reaction from their citizens. Even here on Nairaland, the abuses and cursing of the President and the country dominate most threads. It is exhausting. The people are insufferable. |
danvon:Kazakhstan is the richest country in Central Asia. Oil and Gas. |
nlfpmod:Socialist utopia. If only it was that easy. Confiscating foreign companies whether directly or through selective punitive taxes is against international law. Nigeria will become an economic outcast, and the economy will come down faster than Zimbabwe. The nationalised companies will sue Nigeria in foreign courts and go after Nigerian assets. |
Op is right to be concerned. The husband's action suggests that he feels he needs to protect himself. Unfortunately, these days, because of the many negative stories we are bombarded with in the media, many men are not 100% certain their wives will be with them forever. This feeling is rampant but unspoken. Widespread divorce is shaking men's confidence. If you line up 100 married men, and ask those who believe their wives will NEVER leave them to step aside, you'd be lucky to find 10 men. 20 years ago, that figure may have been 70 out of 100. Nothing is certain anymore. I advise the Op to also keep some savings/assets on the side. Anything can happen anytime. |
The customs officers at Idiroko on that day, including the boss on duty should be redeployed to the office, investigated, and never be allowed near any border post again. It's possible they didn't know about the consignment, but the bottom line is this vehicle passed under their watch. They were either negligent, incompetent, or fraudulent. Full stop. Unless government officials start taking responsibility for their actions, there will never be an end to these sort of things. |
If the minimum wage is increased to N100,000 as the NLC is asking for, it will pull up wages in the private sector also. In the end, we will find ourselves in an inflation spiral which will harmer the value of Naira. Naira to USD rate in excess of N1, 200 will be starring us in the face. Prices of basic foods and everything else will shoot up - average loaf of bread could easily cost N2,000. So, the benefit of increasing salaries to N100K will be lost anyway as new inflation will reduce the new value of that N100, 000 to about current N30,000. Please read about the Udoji Commission salary increase of the 70s or 80s and see what happened to prices in Nigeria. So, it is a choice between the devil - modest salary increases, or the deep sea - NLC-type increase. In truth, capitalism is rigged against workers. It mostly benefits those at the top. |
Kukutenla:1. Unfortunately, I don't think the minimum wage will rise by more than N10,000 - N12,000. Who knows, may be up to N20k. 2. Federal government is not responsible for paying employees of States. Even if the Federal government increases minimum wage, it is up to States to pay or not pay. The good news though (if you can call it that) is that from next month, due to the merging of the exchange rates, State's share of revenue accruing from oil revenues will increase massively. That should enable States to pay increased salaries. |
Allocations to States will increase massively from next month so really, most states should be able increase salaries by some amount and start clearing any backlog of unpaid salaries. |
Zigzagman:This sort of relationship sounds very transactional. Usually, when you meet a man or lady for your heart, it won't even cross your mind to discuss stuffs like who pays for this or that. You just want to do the best for each other. Anyway, love is rarely at the top of the list of why people get married these days. |
To be fair, if a man decides not to open his shop, isn't that in exercise of his right? It is difficult to see what law can be said to have been broken. At the very least, you will have to prove that closing my shop equates to me supporting terrorism. Any lawyer will tell you that will be near impossible to prove in a court of law. Other than the fact it will attract negative attention from some of their customers and some members of the public, and potentially cause retaliatory attacks from a few thugs, and may be some landlords refusing to renew shop owners tenancies, not much will happen. That said, such a move will cause more irritation and increase mistrust amongst people to a whole new level. |
grandstar:It's a strategy. The courts were putting them under pressure to charge or release him. So, they went for the easiest offences they can charge him for, for now. The bigger charges will come later. |
ODUBEZE:So he would just be let go like that. That's not my reading. I suspect Tinubu will deal with him in a way he will leave to regret. |
Racoon:It's a strategy. They were under pressure from the courts to charge or release him. So they've charged him with a relatively straightforward offence for now. Potential offences around terrorism and corruption are complex and so will require a lot more investigation. Those charges will come later. |
Spy360:No, it isn't and can't be 'gone' just because the petitioners 'push'. A party to a case can push his line of argument, but it is for the court to interprete the Constitution. Interpretation of the Constitution is not like proving a fact where the court is to a large extent relying on lawyers for the parties. The constitution reserves the power of Interpretation to the court. Lawyers can only seek to persuade the court. I also don't believe the 25% issue is substantially challenging. In my view, there's less than a 5% chance that the court will adopt a literal interpretation as that is unlikely to reflect the intention of the makers of the Constitution. I suspect that is why the President 's lawyers did not waste too much time on it. It's fairly simple. |
I have said it repeatedly here, one of the lowest hanging fruits out there for this new administration is to mandate that all federal agencies, institutions, ministries must have a functioning website with up to date information and where applicable, for their services to be almost completely accessible online. This easy win will boost efficiency across the economy, boost growth, and transform citizens interaction with government. Any vested interest, heads of these organisations that resist the change should be retired immediately. Until a few years ago, registering a company was a nightmare with endless bribing of CAC staff. Since the entire process was moved online, the process is super fast with zero bribing. Mr Tinubu, please this move will cost very little, and yet bring huge advantages for the economy. Just do it. |
If this account is true, mjority of the projects are in Ogun, Akwa Ibom, and Ekiti States where Akpabio, Yayi, and Mr Bamidele come. So, if the 33 other states get sweet nothing. And most of the project will not be done anyway. The money will just be pocketed by these people. I just don't understand this country. |
Restructuring is already happening. States can now generate and, I believe, distribute power in their own territory. One or two other areas of responsibility have also been handed to States areas of power. Universities will now have more freedom to set tuition and raise revenue. It means unis can now take more decisions locally without waiting for the Fed govt in certain areas. That 's a tangible reallocation of power. I hope many more of the less controversial redistribution of powers happen under the current government. As for State police, I'm sure it will come up for discussion in the current national assembly at some point, though I doubt it's a good idea. If by restructuring, you mean going back to some form of regionalism, that's unlikely to happen, as northern members of the national assembly are unlikely to support. Also, I do not recall that restructuring was one of Mr Tinubu's campaign promises. He didn't mention restructuring at all, though I stand to be corrected, and I suspect that's because it means different things to different people. Finally, a President cannot do some of the more controversial restructuring by fiat. They have to be voted by legislators, and for reasons already mentioned above, such votes will not pass. |
It is one of the reasons I believe we need a miracle to turbo charge our development. The country's economic growth for nearly a decade is barely more than the population growth rate, which means the country is stagnating or even worse. We need an economic growth rate of between 2 or 3 times the population growth rate. Without it, however well a tiny percentage of the population is doing, the average person on the street will not understand why they are not experiencing positive changes in their finances. |
Ehn hen...even a 'Father'. Humans are quite deceitful. If what some do in secret is revealed to the world, many people will never trust a human. |
You can't blame the moderators and leave out the users who are the main culprit. How many people can moderators ban. Also it is necessary to let people say their minds - to some extent. Sweeping things under the carpet and refusing to discuss them is not necessarily a good long term solution. As adults, those who post should have the mental ability to self regulate. It is not difficult to be polite and appreciate other people's sensitivities. |
The Presidency can't be quiet on these horrible killings. Mr Tinubu needs to make a statement condemning this latest atrocity and deploy troops to that State without delay. Saying that, give the size of Benue State, the country may not have enough troops to cover the entire State without having to redeploy them from other troubled zones. Problems everywhere ![]() |
This public humiliation is just horrible and unjustifiable. Over what... I genuinely feel sorry for her. The husband should file for divorce if he wants and stop dehumanising the woman. |
Unless Mr Buhari has paid the contractor upfront, which I doubt happened, this project is unlikely to be completed in a long time. The current president is not going to remove subsidy and ask people to make sacrifices only to go and dump N2 trillion in a Niger Republic project. I just can see him do that. |
First bank has recovered after almost a decade in the doldrums. I believe First Bank shares make a lot of sense right now. Their bad years are behind them. First Bank's fight back against Access, Gtb and Zenith is on course. People complain about First Bank Internet banking a lot, so I assumed Zenith, Access ot Gtb that are popular with youths were at the top in Internet banking. But would you believe that ancient First Bank makes more money from Internet banking than any bank in Nigeria. |
Very amateurish. You rushed to make public pronouncements before knowing the full facts. After JAMB confirmed its own investigation revealed her results was fake, you a corporate organisation with aspiration to be taken seriously then issued an incendiary statement that you would wait until there is investigation by an 'independent' 3rd party ![]() So, you did not respect the investigation of a national institution like Jamb and thereby join private individuals on social media to cast doubt on Jamb's integrity. Smh Serious businesses like MTN, Dangote Industries, Zenith bank etc will never behave like this. Once Jamb confirmed her results were fake, they would back off immediately. |
There is no wahala where I am regarding the election outcome. People accept the election was not perfect - like all previous elections- and they also accept there is a lawful judicial process underway for aggrieved candidates to rightfully pursue their claims. Most reasonable people will accept the outcome of the tribunal cases and continue to demand a better election process in the future. That is the civilised approach most people are taking, I think. There's no wahala anywhere that I see. |
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