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DeLaRue's Posts

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Politics › Re: Buhari Names Train Stations After Prominent Nigerians. See Full List. by DeLaRue: 4:39pm On Jul 27, 2020
They'll still be naming things after Awolowo in the Southwest in a thousand years.

An unparalleled legend.
Politics › Re: Tinubu Always Took Wristwatches From Atiku’s Hands – Ngige’s Ex-commissioner by DeLaRue: 1:30pm On Jul 26, 2020
Meaningless 'fight.'

The man said he's Tinubu's mate. So? Are they not of similar age.

Tinubu gave him a bullet proof car. And so what?

It's bizarre though that Mr Ngige referenced Tinubu when the latter had nothing to do with his tiff with Adeleke.

It's a Nigerian thing, though it's more common with young people. It was common in school fights in those days with your protagonist quick to claim '..I'm not your mate...I roll with your brothers' even if he''s never met them huh
Politics › Re: Ondo State Governorship Primary Election: Counting Begins by DeLaRue: 12:44am On Jul 23, 2020
Seerade029:
Aketi tenure
School fees 250 - 300k
Paying 20 - 40k for health or so
Transportation buses now reduced to 2 or 1 in some local governments they now pay #20 or #50 self.
Students now pay waec fees
Mega schools not renovated, only few sha
Doesn't know how to talk.
Now judge it.
@ bold, not good.

I can see why many ordinary people are not impressed with the dramatic changes he introduced.
Politics › Re: Ondo State Governorship Primary Election: Counting Begins by DeLaRue: 12:39am On Jul 23, 2020
nothingspoil70:
Don't worry about that. This is Ondo state not lagos. Remember once beaten, twice shy. You cannot fool someone with the same trick twice
If he wins Jegede will probably be in the mold of Fashola, except without Lagos - type revenue - which is unfortunate.

Jegede will want to do the right things for the State without getting involved in too much politics. Bad news for political hangers - on as there will be no money thrown around.
Politics › Re: Ondo State Governorship Primary Election: Counting Begins by DeLaRue: 12:33am On Jul 23, 2020
Seerade029:
Aketi messed up big time.
Even tho mimiko is from my town, I was against him then cos he messed up.

Little did we know that We elected someone far worse than a satan
Haba, that bad? grin
Politics › Re: Ondo State Governorship Primary Election: Counting Begins by DeLaRue: 12:30am On Jul 23, 2020
Glare247:
Give me ur view of d acceptance of eyitayo and aketi in ondo currently
I heard Eyitayo is a gentleman who likes things done the right way, but he's not a grassroot politician. I think he'll make a good Governor.

He needs to brace up, otherwise his softness will see Akeredolu sweep him aside.

APC/Akeredolu are rugged - they will do anything to win the election - money, security etc.
Politics › Re: PUNCH Replies Simmonscooper, Says No Malice Towards Osinbajo by DeLaRue: 10:02am On Jul 22, 2020
Being a Company Secretary does not mean you're involved in the day to day running of the company or that you have an interest in the company.

It simply means the lawfirm is their company lawyer.
Politics › Re: PDP Gubernatorial Candidate Agboola Ayayi With Deputy Governor Enitayo Jegede by DeLaRue: 4:19pm On Jul 18, 2020
I can't see how Eyitayo, a SAN, former Attorney General and the PDP candidate in the last election will accept to be deputy to Ajayi.

It's laughable.
Politics › Re: PDP Gubernatorial Candidate Agboola Ayayi With Deputy Governor Enitayo Jegede by DeLaRue: 4:17pm On Jul 18, 2020
Politics › Re: PDP Gubernatorial Candidate Agboola Ayayi With Deputy Governor Enitayo Jegede by DeLaRue: 4:15pm On Jul 18, 2020
Politics › Re: PDP Gubernatorial Candidate Agboola Ayayi With Deputy Governor Enitayo Jegede by DeLaRue: 4:15pm On Jul 18, 2020
Politics › Re: Why Does Everyone Want To Cheat? by DeLaRue: 2:12pm On Jul 15, 2020
myboy2111:
Seriously. Tell him to install camera
Camera has its limitations.

If you're only getting a few hours power per day, camera installation won't help much. Even battery powered camera won't help.

They'll just use a stick to turn the camera away for a few minutes while the deed is done. And what happens when they cut the wires and everyone claims they no nothing about it.

Remember also that installing enough cameras in a large poultry is costly.

If workers want to frustrate you ehn, you'll regret the day you made the mistake of starting that business.
Politics › Re: Why Does Everyone Want To Cheat? by DeLaRue: 1:58pm On Jul 15, 2020
A cousin brought her daughter for an exam in my part of Lagos. As she sat down, I noticed straight away she looked stressed.

I asked how's business (a large poultry in another part of Lagos). Come & hear story. Her employees have finished her with stealing. They'll kill the chickens, throw it over the fence where accomplices would collect to sell to restaurants. Even the security man was involved. So bad.
Politics › Re: Buhari Signs ₦10.8 Trillion Revised 2020 Budget by DeLaRue: 3:35pm On Jul 10, 2020
To put this in context:

Nigeria 2020 budget N10.8 Trillion = about $25 billion

City of New York 2020 budget =$92 billion.


Nigeria has a long way to go. The economy is very unbalanced, too small, and not very productive given the country's large population.

1. And no, so-called industrialization is not going to be the answer. The odds are against us in quite fundamental ways. We are never going to catch China, India and many other countries in this are. Most jobs in Nigerian factories are high risk, low income, low skill types. This cant be the way of the future.

2. Agriculture? It is necessary, but it will never be enough to propel this economy into the modern era.

I think our greatest hope is in information technology, and so we should be prioritising good quality education in STEM subjects. More than anything, IT offers capable Nigerians a more level playing field with the rest of the world. An accomplished programmer in Sambisa forest can stand toe to toe with the best in Seattle or Bangalore and earn a high dollar income without leaving that forest. All he needs is a good laptop, good batteries, and internet connection. And there are plenty of jobs now and many more will come in the future in this area. This is the direction the country should be looking at.

Politicians have been promising industrialisation since 1999, yet there is no sign of it. Many states don't even have a single functioning standard manufacturing outfit after 60 years of independence.

Get your children into STEM subjects and help their future.
Politics › Re: Ajimobi's Family Apologises To Olaniyan, Says Event Was A Strictly Family Affair by DeLaRue: 1:13am On Jul 06, 2020
What I find surprising in all of this are:

1. Why couldn't the Governor pick up the phone, call the woman. At times, someone offends you, but you rise above it.

2. Where is the governor's wife in all of this. Did she call the widow to do woman to woman commiseration. This could have helped to reduce some of the tension.

On the whole, I think the government could have done better. Getting into an embarrassing public fight with a mourning woman in the immediate aftermath of her loss should have been avoided at all cost.

You were not contacted through official channel...but that's not a reason not to call the woman yourself to commiserate. Or is that too big for a governor to do?

Ah well...
Politics › Re: Reasons Why Akoko Edo Councillors Refused Decamping With Obaseki To PDP by DeLaRue: 7:15pm On Jul 03, 2020
The chaos in this country ehn.
Politics › Re: PHOTOS; APC Caretaker Committee Pays Courtesy Visit To Bola Tinubu by DeLaRue: 4:17am On Jul 03, 2020
This is very risky.

It's shocking that people who should know better still take the risk of standing this close to any other person.

Given that the best masks don't provide 100% protection, one wonders why they are so relaxed about the risk they're taking.
Politics › ONDO State SSG Resigns?! by DeLaRue(op): 11:09pm On Jun 21, 2020
Hot on the heels of the Ondo State Deputy Governor quitting APC, news of the resignation of another heavyweight - the Secretary to the Government (SSG) appears to be making the rounds.

Can anyone in Ondo State confirm this?


If it is confirmed, it would appear that these resignations are coordinated and aimed at causing maximum damage to the Governor's prospects in the coming election.
Agriculture › Re: FG To Kill Pests In 12 Northern States With N13bn by DeLaRue:
Corona virus is now spread by pests? huh

This is simply a give away to farmers in the 12 states to help cushion the effect of Corona virus. But they can't announce it like that because they know they are being partial.

How about farmers in other parts of the country?

Activities on my farm have slowed down dramatically for about 3 months now, with workers also affected. Huge sums lost by many southern farmers. Yet, when this govt thought about farmers, only northern farmers came to its mind.

Very sorry for this country.
Christianity Etc › Re: Rev. David Okechukwu Cries Over Poor Road In Aba (Pictures) by DeLaRue: 12:57pm On Jun 10, 2020
The Pastor's action brought a tear to my eye. Let them mock.. but you did well.

When I was a little boy, I remember a handful of Anglican can and Methodist Pastors in my town who would go from house to house checking on families, praying for the well-being of every one and quietly leaving. The sole on their shoes were often worn, but they were immaculately polished. These pastors had no personal acquisitions, but they persisted in their faith.

Today, most Pastors, riding high in their SUV have no interest in their people or the community. They even have security men to keep the poor at bay. How did it all come to this huh

I'm in the SW, but I want to send all my thanks and appreciation to this Pastor for his brave action.

Whether you're a Pastor, Imam or any non political leader, please speak up for the well-being of your local community. The politicians simply don't listen to ordinary people...the same ones that voted them there.
Politics › Re: 50 Achievements Of Akeredolu Within 3 And Half Years (Photos) by DeLaRue:
If the governor has refurbished and fenced hundreds of so-called bungalow schools, that's fine in my eyes.

There's no evidence that students who attend classes in large multi storey buildings perform better that those who attend bungalow schools.

A/c or fans in classes are fine, but they're not essential, especially when there's rarely electricity.

What's important is that the classes are reasonably comfortable for the kids and that they have good and motivated teachers.

Another factor is that in states like Ekiti and Ondo, schools often sit on generously sized land. It's not unusual for a small primary/ secondary school of about 400 students with less that 15 class rooms to sit on a massive (mostly unused) expanse of land. Why should a governor knock the existing class rooms down to build massive multi storey buildings when they're not needed? Just so pictures of his schools can look better than that of another Governor on nairaland?


Most Nigerian governor's are corrupt, incompetent and in it for themselves. What is also wrong is the constant meaningless comparisons of buildings in different States.
Politics › Re: Akinwumi Adesina: U.S. Treasury Urges Independent Investigation Into AfDB Head by DeLaRue: 8:03pm On May 24, 2020
seunmsg:
The board already conducted an independent investigation. The US is simply saying they want him indicted at all cost irrespective of the truth. It won’t happen.
The board of an organisation is part of the organisation. It is clearly not independent.

If the USA, which I suspect is one of the largest shareholders 'urge' the AFDB to appoint an external independent investigator, the AFDB has no choice.

The USA can mess up a lot of things for the AFDB irrespective of what China and other contributors decide to do.
Career › Re: Should I Expose Them? by DeLaRue: 5:54pm On May 21, 2020
Please tell your boss.
Phones › Re: Xiaomi Mi A3 Android 10 Update Review - Is It Stable Or Not? (photos) by DeLaRue: 6:04pm On May 11, 2020
Didn't even know this phone has fingerprint scanner. When I buy a new phone, I don't check it's features. Not interested in many of them. Never used a fingerprint scanner on any phone.

All I care about is a phone that makes calls, texts, and give good access to the internet.

The MI A3 has been a solid performer so far. Not interested in any upgrades.
Politics › Re: Ralph Uwazuruike Blasts Wike Over Hotel Demolition Says "What Nonsense Governor" by DeLaRue: 10:16am On May 11, 2020
The way Mr Wike has conducted himself will leave a lasting negative impression on people from outside the State.

I suspect it will scare people, and investors away from the state. No new investor would look at all the options available in Nigeria, and say, yes, River State is my destination of choice. Unless of course such investor has absolutely no choice.

Ah well, I guess the state probably doesn't give a fig about investors. There's oil money after all. But for how long.
Business › Re: We Have Enough FOREX, CBN Tells Investors by DeLaRue: 9:57am On May 11, 2020
The fleeing, so-called foreign investors are mostly European institutions that invest in shares, government bonds etc, not in factories or other productive outputs.

They 'invest' through their computer in London and when things are going bad, they take their money out by filling one or two CBN forms and, again, they receive alert in London grin. These are opportunists.

The real investors are Indians and Chinese who move here and actually produce things and employ people.
Business › Re: Covid-19- Poor Organization At Polaris Bank, Shomolu Lagos State by DeLaRue: 2:26pm On May 05, 2020
DeLaRue:
I enter a bank may be once a year. Usually at the bank's request - to collect ATM or provide up to date ID. I don't seem to have any need to go into banks.

Nigerian banking halls are always packed to the brim with people. It's baffling. The banks can't cope. The elderly and a few others who absolutely need face to face assistance, I can understand. However, many others should try and resolve issues online or via customer service.
Business › Re: Covid-19- Poor Organization At Polaris Bank, Shomolu Lagos State by DeLaRue: 2:20pm On May 05, 2020
I enter a bank may be once a year. Usually at the bank's request - to collect ATM or provide up to date ID. I don't seem to have any need to go into banks.

Nigerian banking halls are always packed to the brim with people. The bank's can't cope. The elderly and a few others who absolutely need face to face assistance, I can understand. However, many others should try and resolve issues online or via customer service.
Business › Re: Access Bank To Shut Down 346 Banks Nationwide (List) by DeLaRue: 12:46am On May 03, 2020
chigoizie7:
At this stage of banking now in Nigeria. Any bank merging or acquiring any other bank , must lay off some staff, must also close some of its branches. It is as simple as ABC. Any other thing you are saying is just story.
My point is, Access should not have acquired another bank when it did.

One of the key justifications for acquiring a competitor is to achieve scale (ie to combine 2 businesses in order to increase size). However, Access was already big enough. It did not need to acquire Diamond. Access was bigger than GTB at least in terms number of branches, number of customers, and total deposit. So, what did it need to increase in size for?

Also, when you are acquiring a competitor, it is usually because its business compliments yours. For example, if Diamond was relatively strong in parts of the country where Access was relatively weak, then bringing the two companies together would be logical, and in that case, the number of branches that would need to close would be relatively small.

However, if you have to close down not just some, but nearly all of the branches of the company you just acquired, it begs the question whether the acquisition was necessary.

Ah well.
Business › Re: Access Bank To Shut Down 346 Banks Nationwide (List) by DeLaRue: 12:17am On May 03, 2020
chigoizie7:
Trust me. They are. If gt has merged with another bigger bank with a lot of branches. They would do the same thing.
Acess is not on the same level as GTB . GTB is the most efficient bank in Nigeria. The only other bank in Nigeria that is on the same level as GTB is Zenith.

First Bank, Access, UBA all have bigger deposits and larger assets than GBT, but they are barely half as profitable as GTB or Zenith.

Bigger is not always better. An inefficient Access bank acquiring a struggling Diamond Bank always looked to me like a poor combination. It is difficult to see what Access thought it would gain from acquiring Diamond. Account holders and their deposits? But Access's inability to reach GTB or Zenith's level of efficiency and profitability was not down to lack of deposit or assets. Long before Access acquired Diamond, it had more assets, more deposit, and considerably more branches than GTB. Yet it has always struggled to make half the profit that a smaller GTB makes. Access needed to cut costs, address efficiency issues, improve asset utilisation etc. What it certainly did not need was an acquisition, particularly of a struggling relatively small bank.

A couple of weeks ago I heard Zenith Bank was going to acquire Union Bank and First Bank would acquire another bank - cant remember which exactly. Neither of these banks need to acquire any other bank right now. I cant see what Zenith seeks to gain from acquiring Union bank, but it can at least cope. The bank I feel sorry for is First Bank. This bank has been performing poorly for nearly a decade, it being burdened by large bad debts, and very high operational costs. First Bank needs to focus on sorting itself out over the next few years - acquiring another struggling banks is just asking for another decade of trouble.

Ah well.
Agriculture › Re: Groundnut Farming At Abeokuta by DeLaRue: 2:24pm On May 02, 2020
jethro2:
Buying and selling of agricultural produce is quite profitable than farming.

Writing as a practising farmer with some years of experience
Agree. Farmers work extremely hard, but the reward is rarely commensurate. If you do well this and next year, all those gains can be wiped out in year 3. Farmers are the least rewarded in the agricultural chain.

The market is very unfair to farmers. Middlemen & women and retailers make all the money.

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