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DeLaRue's Posts

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Travel › Re: Air Peace, Arik Air Increase Base Fare For Economy Flights To N50,000 by DeLaRue: 9:44pm On Feb 20, 2022
Greenafrica follows a deliberate policy.
1. Keep ticket prices lower than the rest. Their prices can be up to 30% cheaper than Airpeace.
2. Fly at reduced speed = save money on fuel & therefore cost.
3. Use a rugged, cheaper plane with very good safety reputation.

I suspect they're gaining market share.

When I first started flying with them on a particular route, the planes were usually no more than 25% full. Most travellers still preferred Airpeace. Now they are carrying more passengers on that route than Airpeace.

Fact is, people are cost conscious. Most people on that route prefer to pay N20k to N22k on Greenafrica than N32 - N35k on Airpeace, even if Airpeace will arrive at the destination 25 mins faster.

Greenafrica is winning on that particular route.
Business › Re: Capital Oil Plc Writes Ifeanyi Ubah, Demands Payment Of N100m Judgement Sum by DeLaRue: 12:05am On Feb 09, 2022
[quote.

I don't understand why the writer described PLC as a limited liability company when the company is yet to be delisted from NGX.
.[/quote]Actually, the journalist is correct. A PLC is also a limited liability company.

There are 3 types of limited liability companies.

1. Private limited company (this is the most common type). The company name usually ends with 'Limited' or 'Ltd'.

2. Public limited company (often large companies). The company name usually ends with 'PLC'.

3. Public company limited by Guarantee (usually referred to as Public Guarantee Company)

The 'Limited Liability' feature in their structure simple means that the liability of the shareholders (owners) of such companies is limited to their investment in the company. That is, ordinarily, creditors of the company cannot go after the personal assets of the shareholders (owners).

These types of companies contrast with sole proprietorship (Enterprise, as it is called bin Nigeria), where the concept of limited liability doesn't apply. In this case, the law does not recognise any difference between an Enterprise and it's owner. If your Enterprise runs into a debt, you are personally liable, hence the creditor can come after any of your personal assets.

Also, 'LLC' is an American terminology, not Nigerian. Using it in the Nigerian context will only confuse you more.
Business › Re: Pictures Of Dangote Rice Mills In Jigawa State by DeLaRue: 4:20pm On Feb 02, 2022
OsuAmaka:
Imota Rice Mill is potentially the largest. It is estimated to produce 2.8 million bags of rice annually.
The price of rice is projected to crash by the 4th quarter, I just hope farmers would be allowed to farm in peace.

-Osu amaka
I'm curious to know where the rice for such a mighty mill in Lagos will come from.

Would raw rice be transported all the way from the north when they can already be milled in that region.

Could this be the equivalent of building the largest refinery in Nigeria in Sokoto.
Politics › Re: Amaechi: China No Longer Give Us Money, We’re Asking Europe For Loans by DeLaRue: 10:57am On Feb 01, 2022
Flip flopping from one lender to the other hardly gives you credibility.

How about we bed down and manage what we have.

If the Chinese are reluctant to lend Nigeria more money, you can hardly blame them.

I bet Europeans too will be weary of lending to you lot.
Business › Re: EEDC Decries Rising Spate Of Energy Theft In South-east by DeLaRue: 9:48pm On Jan 16, 2022
[quote author=franciskaine post=109430444. The average white family uses all forms of heaters and coolers. Fridge and many other home appliances. If light is this expensive, dey won't enjoy these basics of life.[/quote]Not true. They pay a lot for their uninterrupted power supply..

The average household power bill in the USA is around $115 per month, about N65,000. That's more than N750,000 per year in Nigerian terms.

Yes, Americans receive higher salaries than us, so it's not a like for like comparison.

That said, the Nigerian government and the power generation companies need to invest billions of dollars to get us to uninterrupted power supply. That money is simply not available. When you combine that with a significant number of power users' unwillingness to pay their bills, partly as a result of breakdown of public trust in the Discos, then you realise that we are several decades away from the realisation of nationwide, consistent uninterrupted power supply.
Politics › Re: Magodo Crisis: If Not For Immunity, Sanwo-Olu Should Have Been Arrested – Lawyer by DeLaRue: 12:38pm On Jan 07, 2022
Whenever I find myself in a leadership position, I pray for wisdom above all else. I also like to take my time to think things over before making a decision.

Yes, this may cause a delay of a day or two, but it gives me time to think things through.

The Governor's decision to go to Magodo was a poor one.

His action was wrong on all fronts. He acted amateurishly and extra judicially by intervening and seeking to thwart the execution of a court judgement.

The Governor comes across as a gentleman. I hope he learns from this experience. I wish him the best.
Health › Re: Soot Increasing Infertility In Men In Rivers State - Dr. Dienye Briggs by DeLaRue: 1:23pm On Dec 10, 2021
Infertility is likely just one of many consequences.

One dates to imagine the harm this is doing to people's lungs.
Politics › Re: APC Splits As Faction Attacks Buhari, Sacks Buni, Names Audu As Chairman by DeLaRue: 9:49pm On Nov 29, 2021
The fireworks will explode in the form of various court actions. Its going to be a mighty judicial fight, starting with a move to secure a court order to remove Buni.

The belief amongst many that Buhari will simply handpick his successor without any opposition is misplaced. Or that any person he supports will win the primaries.

The Governors will have a big say.

Buhari is not coming back to the Presidency after 2023. Many Governors will do their own thing by supporting who will best serve their personal (not Buhari's) interest.


Of course, Buhari will have a lot of influence in all this, but to suggest that any candidate he picks automatically wins - hmmm...I don't believe that.
Family › Re: Why Do Women Prefer Their Children Over Their Husbands? by DeLaRue: 8:59pm On Nov 10, 2021
[quote author=Solofresh2 post=107504285]I have said it before and I will say it again
The only unconditional love women has is for their kids.


Absolutely not true.
Family › Re: Why Do Women Prefer Their Children Over Their Husbands? by DeLaRue: 8:46pm On Nov 10, 2021
Personally, I have not found that to be the case.

My wife sometimes says she's the only woman she knows who loves her husband more than her children. She says her love for me increases everyday. I ask, why,...she says she can't explain, that I should just accept it. My in-laws call her 'Ruth.' Everybody around us knows nothing comes before her husband. By the way, my wife absolutely loves our kids. 1000%. She'll go any distance for them.

The children her the same. They absolutely love mummy and daddy.

May be I am just lucky.

Saying that, I live for my wife and children. We do a lot together. I am happiest when I am at home, so you won't find me at a party, joint, or with friends. I am proud of my wife. There is openness in everything we do. My wife is a star. A gem. An independent, progressive, yet supremely homely lady. Her joy, happiness and emotional wellbeing are my priorities. She knows it and it is perhaps unsurprising that she envelops me with such intense love , affection, and friendship.

A woman can love her children and husband equally. But don't expect her to give what she doesn't receive. Many men forget that children in their innocence requite unconditional love, and the person most likely to be the recipient of such love is the one that takes the most care of them...usually the mother. What happens when the mother receives such unconditional love from the kids, and her husband is a frumpy, uncaring, unfriendly partner. Well, it is inevitable that her love will flow towards the children. The good news for all men is that this state of affairs is not inevitable. It doesn't have to happen if you do the right things.
Investment › Re: Crypto Currency Investors Thread by DeLaRue: 2:24am On Oct 31, 2021
sats:
Buy trx on binance
Send it to ftx
Sell the trx for usdt
Great, thank you. I take it I can use Nigerian Mastercard to fund an account on Binance?
Investment › Re: Crypto Currency Investors Thread by DeLaRue: 2:21am On Oct 31, 2021
New to Coins.

So, I have just opened an account with FTX.

But, I am finding I can't deposit with my Gtb dollar mastercard. Tried Zenith Naira Mastercard but same problem. I get the response - 'card has failed verification'.


Anybody know how I can fund this account.
Politics › Re: House Of Representatives Delegates Visits Tinubu by DeLaRue: 3:40pm On Oct 01, 2021
These people are trying o. No masks huh

Whether you're double-jabbed or not, wear your mask in any group situation.
Romance › Re: Am I The Only One Not Using Facebook? by DeLaRue: 1:26pm On Sep 30, 2021
Never been on Facebook, Twitter, or Instagram. Just not interested in information overload.

Will prob give Twitter a go for professional reasons.

You tube...yes!
Career › Re: Experience With Helping Friends Fund Their Business by DeLaRue: 2:01pm On Sep 11, 2021
Mide3367:
I lent my friend 500k to facilitate a business loan of about 20m since march. Till now, i never see money huh
This looks like a scam.

How does someone qualify for a N20m loan if he doesn't even have N500k of his own. huh
Politics › Re: 2023 Presidency: Loyalty To Buhari, Tinubu Delaying Osinbajo’s Declaration by DeLaRue: 7:02am On Sep 11, 2021
SmartPolician:
To fix Nigeria, we need more than good leadership and oratory skills. We need people with guts. The evil people in this country are overwhelming, so it will take a lot of guts to dislodge their machinations. That's why I would pick Amaechi over Osinbajo any day, anytime as APC presidential candidate.
I think Mr Amaechi is, in some sense, in the OBJ mode. He will use force to push through his convictions. But lacking OBJ's dexterity, experience, and wily dispositions, he may quickly find himself in intractable loggerhead with legislators.

Nigerian presidency comes with a lot of powers, but a president that tries to change too much will find his administration frustrated by legislators, particularly those of northern extraction.
Politics › Re: 2023 Presidency: Loyalty To Buhari, Tinubu Delaying Osinbajo’s Declaration by DeLaRue: 6:28am On Sep 11, 2021
[quote author=smatt1711 post=105699166]and you still want to vote for APC.

[/i] Where in my comment did I say I would vote APC or any party?[i]

if he can't win the primary he should join another party.

[/i]If he joins any party other than PDP (and PDP won't give him their ticket), then he can kiss goodby to any chance of winning.[i]

While we have Osibanjo, Peter Obi and Akinwumi "Akin" Adesina.

[/i]I heard Mr Obi was quite frugal in the administration of Anambra State. I like that, and I think that's one thing we need badly at the helm right now. The profligacy & corruption across all echelons of government is endemic and needs to be rooted out. For that reason alone, if I was voting, Mr Obi would be my choice. I like demonstrable experience.[i]

I also like Mr Osinbajo's proactive approach and ability to connect with the masses. He will be a vote winner in a way that Mr Obi can't match in my opinion.
Politics › Re: 2023 Presidency: Loyalty To Buhari, Tinubu Delaying Osinbajo’s Declaration by DeLaRue:
Unless he's Mr Buhari's candidate (which is unlikely), or Mr Tinubu's candidate, he has very little chance of winning the primary. Those are the biggest power brokers in APC.

He showed in the past - when Mr Buhari travelled abroad - that he can and will take decisions that he considers beneficial to the country, even if those decisions offend some northern power bases. For this reason, some will do everything possible to stand in his way.

These people will prefer a Southern president they can control or at least, greatly influence. They won't want an independent-minded 'President Osinbajo.'
Politics › Re: Ibikunle Amosun Visits Bola Tinubu In London by DeLaRue: 10:36am On Sep 02, 2021
One of the biggest plotters against him for 2023.

Life.

Amosun's dressing is on point.
Politics › Re: Court Restrains Buni, Others From Acting As APC Caretaker Committee Members by DeLaRue: 5:28am On Sep 02, 2021
Mr Buhari says he's for the rule of law. Now let's see if APC complies with the court's interim order.
Foreign Affairs › Re: Hurricane Ida: Houma Residents Are Left Reeling As Homes Are Reduced To Rubles by DeLaRue: 7:09am On Sep 01, 2021
Difficult to imagine what those affected are going through.

Most US houses are built with wood/ plywood.

They don't stand up to fire or hurricane as much as houses built with cement blocks & concrete.

US should rethink it's house building approach especially for areas prone to violent weather events.
Romance › Re: “Women openly buy and sell charms to entrap men" Lady blows hot by DeLaRue: 10:22am On Aug 20, 2021
This charm stuff defies logic, rationality or science.

Yet, a well educated, cosmopolitan lady friend swears that ladies are into it and she believes it works. How huh


It must be older married men emptying their accounts for much younger ladies. It has always been the case...nothing to do with any charm.
Business › Re: CBN To Freeze Risevest, Bamboo Accounts for "Illegal FX Transactions" by DeLaRue: 9:56pm On Aug 17, 2021
fnep2smooth:
Why targeting startup...
Being a start up doesn't entitle you to break the law.

A start up that engages in unlawful activities will end up.
Sports › Re: PUMA Terminates $2.7m Contract With Nigeria Over Olympics Jersey Saga by DeLaRue: 11:07pm On Aug 04, 2021
Most Nigerians sign contracts without any serious intention to abide by the terms.

To them, complying with contact terms is an inconsequential inconvenience.

As long as the benefits they desire is in the contract, that's it. They'll sign it.

The day you write to remind them that they are not observing the terms of the agreement, they'll either ignore your letter or call to warn you that 'your own is too much o.' huh smiley

A cruder or more lawless bunch you won't find.
Politics › Re: Tinubu's Camp Unhappy Over Caretaker Tenure Extension, Says We Are Strategising by DeLaRue: 9:01am On Jul 08, 2021
tunapawizzy:
Tinubu wey dun lose out already...e just dey share rice for Kano for nothing
Way too early to say that.
Politics › Re: Tinubu's Camp Unhappy Over Caretaker Tenure Extension, Says We Are Strategising by DeLaRue: 8:50am On Jul 08, 2021
People also forget that if the younger generation of Messrs Buni succeed, the political career of many of the northern old guard will come to screeching end.

Governors, like the guy in Kano, & other conservative political heavyweights will do everything in their power to protect their personal interest.

That means stopping Mr Rufai's clique from gaining control of the government post 2023.

Mr Ganduje will be well aware that he could end up in jail if those people come into power. So, I see him doing whatever it takes to frustrate them. I see him parking his political bus in Mr Tinubu's or someone else's garage.
Politics › Re: Tinubu's Camp Unhappy Over Caretaker Tenure Extension, Says We Are Strategising by DeLaRue: 8:30am On Jul 08, 2021
kcnwaigbo:
So in your mind you believe if elections are held today Tinubu will win in Kano,Bornu and even Akwa Ibom states? What brand of weed exactly are you smoking?
I was talking about APC's presidential primaries. Based on today's calculations, Tinubu will take the majority of delegates votes from the aforementioned states. You expect most delegates votes from Kano or Lagos to go to Fayemi or anyone else from the South as against Tinubu?
Politics › Re: Tinubu's Camp Unhappy Over Caretaker Tenure Extension, Says We Are Strategising by DeLaRue:
No one knows how this will end, but it appears the anti - Tinubu people are not yet there in terms numbers.

They"re bringing in as many pdp governors as possible,but it remains to be seen whether this strategy will help them.

Generally, it appears they have lost momentum. Having Lagos, Kano, Bornu, Akwa Ibom in the Tinubu camp is a big challenge. These states, particularly Kano, contribute very large votes in any internal voting arrangement. Kano's vote is a nightmare �

They may have to use a nuclear option, ie, find a way to ban/make sure Tinubu's name doesn't make it on to the eventual candidates list for their primaries but this may cause considerable falling out in their party.

Messrs Buni, Fayemi, Rufai, and the Kogi governor don't come across as being particularly popular even within APC. Nor are they political heavyweights as such. They're relying on Buhari for their plan to succeed.
Foreign Affairs › Re: Kenneth Kaunda Dies Aged 97 by DeLaRue: 4:07pm On Jun 17, 2021
Nyerere there in the picture. Keneth Kaunda.

Great men.
Politics › Re: Twitter: We’re Ready To Negotiate With The Nigerian Government by DeLaRue: 5:26pm On Jun 11, 2021
I was told yesterday by a highly placed source that twitter has been pleading with the government in private for some days now.

Forget about their gra gra in public, Twitter is desperate for the ban to be lifted.

They don't want Nigeria to set a precedent that other countries may follow.

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