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DeLaRue's Posts

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Politics › Re: Aisha Bichi Threatened To Prevent Me From Becoming Kano Governor – Yusuf by DeLaRue: 2:05pm On Jun 22, 2023
Why would a senior politician approach a public servant's wife at a airport to complain about her husband's agency.

Is the woman a DSS official?

The woman's response left a lot to be desired, but I totally understand her fury at the man's lack of respect for her space.
Career › Re: How To Politely Ask For Confirmation Mail From Boss. by DeLaRue:
Must be difficult working with overbearing bosses.

Unfortunately some bosses will interprete a request for confirmation email as a challenge to their authority or a form of insubordination.

Next time, disguise the purpose of your request, by sending an email in the following form:

Sir, I just want to be sure that I am not missing any detail from your instruction - I should advise the client that we will accept payment in cash.

Is this correct sir?

Your boss will probably still be irritated that you did not get his instruction clearly in the first instance, but he will likely provide a proper response.
Politics › Re: Peter Obi Condemns Salary Increment For Nigeria's Leaders, Says Not Necessary by DeLaRue: 11:27am On Jun 22, 2023
Mr Obi is too late to the inaccurate news.
Politics › Re: Lucky Aiyedatiwa, Ondo Deputy Governor Moves Against Akeredolu by DeLaRue: 11:10am On Jun 22, 2023
I suspect both sides are using the media to push their narratives.

If someone is temporarily and lawfully able to exercise all the powers of a Governor, why are junior civil servants rushing to the media to lament about him not keeping to the Governor's schedule huh

So, the deputising Governor must not deviate from a schedule made for the Governor several weeks or months earlier.

The guy has all the powers of a Governor. When Buhari was away and Oshibajo was deviating from Buhari's tendencies, didn't people hail him.

Why the daily histrionics from Ondo state in the media about petty non issues when the country is facing more important challenges on several fronts?

Ondo people, please dollars is above $800 right now and people are anxious.

Go and sort out your selfish domestic disputes, the rest of the country has other priorities.
Politics › Re: FG Okays Re-Opening Of Seme Border For Vehicle Importation by DeLaRue: 7:04am On Jun 22, 2023
Inception:
Prices of cars are set to crash wink
Not sure about that.

From what I see online, it doesn't seem there's that much difference with Benin and Nigerian prices.

Anyway, the government has to confirm the news before I believe it.

Too many fake news around.
Politics › Re: Yoruba Man Who Stole An Entire Airline by DeLaRue: 7:47pm On Jun 21, 2023
kelechi50:
Front page material

It's an eye opener to everyone going into business with southwest brothers.
It has nothing to do with where you come from.

The case of Mr Maduka Choscharis and Senator Andy Ubah comes to mind.

Also cases like these abound in UK, US and other countries ' courts between people of the same race.

Lesson: if you are going into a business that you think is going to be very important to you, get a lawyer on your side very early.

That applies whether your business partner is your friend, family member, or a stranger.
Politics › Re: Yoruba Man Who Stole An Entire Airline by DeLaRue:
iGod:
This is eye opening!

Trusts should have limits. When it comes to business partnerships, legal documentations are needed.

I pray never to have such friend like Wande. He’s a grave manipulator & greed impersonate.
This is not about prayer.

Any of your friends, relatives, and even a spouse can betray you.

That they have not done so yet is not a guarantee that they can't do so in the future.

That is why it is important to get a lawyer on your side (early) if you are getting involved in any business relationship that is important to you.
Politics › Re: Yoruba Man Who Stole An Entire Airline by DeLaRue:
Lesson: from the very first day you decide to go into business with anyone, whether friend, family member or an outsider, get a lawyer - one that practises commercial law.

As things stand, the likely outcome will still be financial settlement.

It is an established practice (at least in the UK), that courts are reluctant to force feuding shareholders into a common ownership, particularly where the relationship has broken down irretrievably as in this case.

I can't say with all certainty what the attitude of a Nigerian court would be in such situation, but I would assume a favourable judgement to the claimant would also be in the form of liquidated damages based on a certain percentage of the value of the company.

I notice there appears not to be any prior discussion between the parties about distribution of shareholding. That said, in one particular email, Mr Afolabi made a poignant assertion that he would be the majority shareholder (i.e he would hold more than 50%). Mr Awosika appeared to accept that statement- at least there appears to be no email response from Mr Awosika challenging Mr Afolabi's claim to majority shareholding.

So, that is likely to be a starting point for any court in assessing what shareholding to accord Mr Awosika. Giving that several others appear to have contributed towards funding the company in those early stages, it would then be at the discretion of the court to determine what level to set any award to Mr Awosika. Mr Afolabi 's lawyers will be asking the court to set it as low as possible, somewhere around 2.5% or less of the company 's shareholding, while Mr Awosika 's lawyers will want it as high as possible, may be around 30%.

If I were to guess, I would think a Nigerian court would set compensation somewhere around 10% of the shareholding - to be paid in liquidated form ie monetised. A UK court, may be less than 5%.

I am doubtful that criminal prosecution of Mr Afolabi for obtaining under false pretense will succeed as I do not believe the elements necessary to secure conviction will be easy to prove. I am therefore not surprised that the Efcc appears to have made little progress on Mr Awosika's petition.

I see this all the time - individuals trying to outsmart each other with very messy consequences, as in this case.

Setting up a business involving even your spouse, let alone a friend or an outsider requires more than just registering a basic company with CAC.

To round up, it is highly unlikely that Mr Awosika will ever become a true shareholder of Green Africa Airways. As I said above, as with a marriage, courts are generally reluctant to force shareholders into a toxic union.

Mr Afolabi should aim to get a substantial compensation, but he would need to be pragmatic about what is a realistic compensation.

Unfortunately, the damage to age old family friendship is done, and I suspect the sense of breach of trust will remain etched in Mr Afolabi 's heart whatever the size of any eventual compensation.

That is unfortunate.
Politics › Re: Naira Floating: What Tinubu Shud Have Done. by DeLaRue: 10:46am On Jun 21, 2023
LikeAking:
Banning foriegn education is a long route.

Starving them of forex is impossible...

A policy like foriegn degrees from the following countries will no longer be regonised in Nigeria from this date, is enuf.
The most popular destinations for Nigerian students are Ghana, UK, USA, and Canada.

So, Nigeria will not recognise degrees from these countries, and those countries will recognise degrees from Nigeria huh

Nigeria will be the big loser.

Governing a country involves a complex tapestry of local and international give and take.

Banning this, that, and everything is simplistic and not a viable solution, nor is it desirable. It will turn Nigeria into an isolated basket case because there will be reciprocal actions from other countries.

Also, once we encourage politicians to keep banning more and more of our legitimate freedoms and privileges, we shouldn't be surprised when the same politicians turn around to ban us from having more than one child, ban us from going out after 7pm, ban us from criticising them, ban us from this and that.

Then, I guess we'll be happy to live like North Koreans, Iranians, Burmese etc
Politics › Re: FG Votes N24 Billion For 10th NASS Members’ Accommodation by DeLaRue: 8:35am On Jun 21, 2023
Ogene001:
This is where Peter Obi is needed
A President cannot cut national assembly allowances by fiat.

Any cut has to be agreed by the national assembly, and they will not agree.

These people will defend their allowances with everything they have, and if that requires that a President is impeached, they will do it in a flash.

Senators and house members don't joke with their money.
Politics › Re: FG Votes N24 Billion For 10th NASS Members’ Accommodation by DeLaRue:
The one budget that is almost impossible to reduce is national assembly budget because senators and House of rep members will have to agree and vote for the reduction.

You don see where Turkey vote for Christmas before. Na.

If the National Assembly has a choice between closing all primary schools in the country for 2 years due to lack of money and cutting their own budget to keep schools open, I know which one they will choose.

Any President that tries to reduce their budget significantly faces impeachment.

Senators and House members don't joke with their money.

They agreed to remove subsidy for the common man but will never give up their own subsidy.
Politics › Re: Igbos Return Back And Develop The East by DeLaRue: 8:14am On Jun 21, 2023
ebubeson:
Igbos return back and develop the East.

There should be peace and security in the East now so that Igbos can return back to develop the East with their money.

I pray the seaports are open in Calabar, Warri and Portharcourt.

Also make sure you respect indigenes of the place you stay.
I agree, the government should put in more efforts into improving those ports, though I understand Port Harcourt (Onne) is fully operational.
Politics › Re: How Big Is The Position Of Nigeria's National Security Adviser? by DeLaRue: 7:53am On Jun 21, 2023
Natural2Heal:
The service chiefs are more bigger than NSA.
That depends on how the President wants it.

When you throw the history between the President and the new NSA in the mix, the NSA will have the ear of the President and therefore will be more influential than any service chief.

Any service chief that subverts the office of the NSA by failing to cooperate will have his day with the President, and that could mean a sack.

If the person who has the power to hire and fire you say, work with my PA, and you refuse, no be sack you dey look for?
Education › Re: 10 Lessons Medical School Taught Me by DeLaRue:
BucketMan:
are you trying to say Halima Buhari the daughter of former President Buhari who failed the Bar exams twice while her father was on seat was not an average student?

I'm not even talking about the basic law course done in universities, I'm talking about the professional one year programme at the Nigerian Law School, where former Governor Rotimi Amaechi is currently a student of... It's not something I can explain on the internet, you need to go there to experience it for yourself.
I am talking from personal experience.

By the way, I am not saying law is easy. Of course it isn't.

But it is also not the hardest, particularly if you start working hard from year 1, nail down the fundamentals of key subjects such as contract law, tort, equity, land law, and criminal law and have good exam craft.
Education › Re: 10 Lessons Medical School Taught Me by DeLaRue:
BucketMan:
It's similar to what is obtainable in Law School, we had several people fainting in the hall during the Bar Final Exams... Bottom line is to be a Big Man is not easy.
A student of above average capacity can do well in law school.

It is unlikely that law is in the same category as medicine in terms of the effort required to pass. The tales I have heard about getting through medical school all seem harrowing. They can't all be exaggerating.

The issue with many law students is they don't start getting truly serious until they get to year 3 or 4.
Politics › Re: President Tinubu Retires All Service Chiefs, Advisers, Customs CG, IG Of Police by DeLaRue: 9:17pm On Jun 19, 2023
StreetFight:
You saw how Tinubu got approval for Nuhu Ribadu from the last Senate using the backdoor before this new Senate settles down. He knows that if he submits his name when everyone is settled, then, some idiots may start writing bitter and hate-filled petitions to the National Assembly, especially bitter useless soldiers. That is POL 909: Political Abrakadabra. Tinubu na god of Politics.
If true, that's very smart of Mr Tinubu.
Politics › Re: President Tinubu Retires All Service Chiefs, Advisers, Customs CG, IG Of Police by DeLaRue: 8:26pm On Jun 19, 2023
samonak:
Appointing Ribadu as NSA is not a good call because the Military brass would not differ to a Police officer, we all saw how it went with Sen. Musiliu Obanikoro when he was made Min of State for Defence.
It depends on the type of president you're dealing with.

No military chief that wants to continue in his job will refuse to work with Mr Ribabu.

That will amount to insubordination of a decisive and ruthless Commander in Chief like Mr Tinubu.

Any Military chief that tries it is toast.
Politics › Re: President Tinubu Retires All Service Chiefs, Advisers, Customs CG, IG Of Police by DeLaRue:
If you're the head of an important federal agency, the most dangerous hours for you are between 7pm and 9pm Monday to Thursday, and 5pm to 7pm on Fridays.

Those are the time frames that news of sackings are announced.
Politics › Re: President Tinubu Retires All Service Chiefs, Advisers, Customs CG, IG Of Police by DeLaRue:
If you're the head of an important agency, the most dangerous hours for you are between 7pm and 9pm Monday to Thursday, and 5pm to 7pm on Fridays.

These are the times when your sacking is likely to be announced.
Politics › Re: President Tinubu Receives Mr. Sunil Bharti Mittal, Global Chairman, Airtel by DeLaRue: 6:50pm On Jun 19, 2023
Acekidc4:
That guy that collected lot of Space on this Post is an Escapee of Aro Mental Home. His Comment should be deleted.
It's an attempt to sabotage the thread.

Many will scroll and scroll and scroll and then exit the thread believing something is wrong with the thread, without knowing there are other comments below.
Politics › Re: President Tinubu Receives Mr. Sunil Bharti Mittal, Global Chairman, Airtel by DeLaRue:
In the past 2 weeks, I have received separate calls from 2 friends abroad asking what they can invest in, in Nigeria

Yes, I often received similar calls from abroad in the past. The difference now is the sheer enthusiasm of the proponents. They want to drop money NOW! grin

It is as though they don't want to miss out.

I suspect foreign investors in London, New York, Singapore, Mumbai etc are looking at Nigeria in similar vein.

It's amazing what is happening.

I hope this positive mood around Nigeria continues for a long while yet.

Nigerians, please let's be positive and support Mr Tinubu's government. Let's leave the tribunal to do its job.
Politics › Re: Estimated Billings..meter Functioning Well by DeLaRue: 12:55pm On Jun 18, 2023
There is a schedule/list on the NERC website of the maximum amount an electricity company can charge per kwh on estimated billing. The amount varies depending on the company.

Many are not aware of the list and are being charged more than the maximum allowed by NERC.

1. Check the NERC maximum estimated billing rates for BEDC and compare what they are charging you on your bill with the maximum allowed by NERC.

2. If they are charging you more than necessary, go through your bills for the last 3 yrs or so, and add up all the excesses you have been charged over the period.

3. Write to BEDC manager drawing his/her attention to the overcharging. Request refund of the overcharge, and demand your bills conforms with Nerc rates going forward.

4. If the manager does not respond within 21 days, write another letter giving them 7 days final notice to respond to your claim, and warn that if they fail to respond you will file a complaint with NERC.

5. If the matter is not resolved to your satisfaction, send your complaint to NERC with all your evidence - copies of your contested bills and a covering letter. NERC has a specific team and procedure for estimated billing disputes, and they're proactive. The team's email address is on their website.

Usually, electricity distribution companies do not like to be reported to NERC, so they will often want to resolve the issues locally.

Anyway, once you write to them as suggested above, they will know you know your rights, and if the they have been overcharging you, they will quickly adjust your next month's bill in line with NERC stipulations. But make sure to take them to task on all previous overbilling and demand to be refunded.

These companies are making billions in illegal over estimation of billings because many people are not aware of their rights.

Good luck.
Politics › Re: Is Akin Alabi The Fastest Rising Politician In Oyo State? by DeLaRue: 10:15am On Jun 17, 2023
Governors rarely support self proclaimed popular politicians as successors.

Sorry, seems he's in APC.

Oyo Governor is PDP.

Nonetheless, probably too early for him to show his hands.
Education › Re: Lasu Law Student, Aminat Yusuf Graduates With 5.0, Breaking 40 Year Old Record by DeLaRue:
Getting 5.0 GPA in any art course over a 4 or 5 year course is extraordinary.

Art subjects are usually easier to study than science subjects.

However, because art subjects are not exact and there are often no single universally accepted answers in written exams, a 5.0 GPA in a pure art course is more difficult to achieve than in most science courses.
Politics › Re: The Only Option Is Total De-dollarization by DeLaRue: 4:41pm On Jun 16, 2023
Op is correct that Western investors will only invest in intangible assets (stocks etc), and will only be in and out for quick profits.

Unlike Chinese and Indians, Americans and Europeans will not invest in factories, industries and other real economy businesses that will create the jobs that Nigeria desperately needs.

We will have to create our own prosperity and not depend on Westerners. We need to produce more of what we need ourselves.

As to whether Nigeria can de-dollarise our economy, it will be very difficult in the near to medium term. Unlike Saudi Arabia, we are currently in a position of serious economc weakness.
Business › Re: How Much Is Cooking Gas In Your Area? by DeLaRue: 3:59pm On Jun 16, 2023
Bovas is a national treasure.

They never overprice their products.

Their petrol is usually the cheapest, with accurate pumps. Now, gas too.

Owners of the company should be recommended for national honours.
Politics › Re: Naira Floating: What Tinubu Shud Have Done. by DeLaRue:
The President does not have the power to bar foreign education. Nigeria is not North Korea or Iran.

He can introduce policies that make it difficult to secure foreign currency for tuition fees, but even this will not stop it.

Parents will simply buy from the black market.

The right thing to do is to find ways of improving the quality and infrastructure of higher institutions.

The introduction of student loan (and higher tuition fees) will inject much needed funds for improving the schools.

If ASUU is rarely on strike, lecturers are well paid and doing their work well, and school infrastructure and environment is improved, the number of Nigerians travelling to Ghana and other countries for education will reduce significantly.
Politics › Re: President Tinubu Appoints Special Advisers by DeLaRue: 6:30pm On Jun 15, 2023
ferhyntorlah:
That mens the SAs are the kitchen cabinet then AKA The cabal.
The SAs will have the ear of the President more easily than Ministers.

The President will have to appoint some of the old politicians as Ministers. Some ex Governors and old politicians are still jostling for ministerial positions.

This being politics, the President can't ignore them. Some people also need to be compensated. It's just the way it is. And we know most Ministers don't make any tangible contribution.

With special advisers, the President has the opportunity to appoint hard working, relatively younger people.
Politics › Re: President Tinubu Appoints Special Advisers by DeLaRue: 6:17pm On Jun 15, 2023
cuteralph101:
. without blocking wastage and reducing cost of governance everything just smoke screen
In just 2 weeks in office, the President has already blocked the two biggest sources of waste and theft: subsidy and multiple exchange rates.

These will save Nigeria trillions of naira.

Reducing cost of governance is fine but it will not save up to 10% of the combined savings from stopping subsidy and multiple exchange rates.

Give the Presidential some credit.
Politics › Re: Breaking News: A Yoruba To Replace EFCC Chairman by DeLaRue: 2:25am On Jun 15, 2023
Amunethseranu:
I love jagaban ♥

Peter obi would av pampered all these northern maggots ... "

Helinues moh247
That's not a nice way to describe people please.
Politics › Re: Tinubu Hosts Emirs Of Borgu, Kontagora In Aso Villa (Photos) by DeLaRue: 2:19am On Jun 15, 2023
TemplarLandry:


Tinubu has constructed more bridges than Julius Berger and RCC combined.
That's a good pun smiley
Politics › Re: What Will Be The Impact Of CBN Free-floating Naira Policy To The Economy? by DeLaRue: 8:28pm On Jun 14, 2023
Jackossky:
From the little I have learnt while in school, most economies have a managed exchange rate regime. Fixed and floating exchange rate are two extremes and even America, manages their exchange rate. It's called dirty floating.
You are correct.

I suspect the government will not allow the naira completely free float.

If the government allows it, the naira will be destroyed within 3 months.

Sharks are lurking waiting for which currency to attack. The naira will become a prime target if it is allowed 100% free float.

I suspect the government will still keep an eye on the value of naira vs dollars, and if it is falling too much, they will push out more dollars in order to support th naira.


A few things need to align for Nigeria in the coming weeks and months for the policy not to cause extreme pain.

People should be reminded that the Egyptian pounds lost 50% of its value last year alone. Egypt is a large economy like Nigeria.

Things can happen to a currency o.

Let's hope for the best.

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