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 Politics › Re: Lekki Is Drowning In Its Own Wealth – Not The Rain by malali(op): 11:31pm On May 19, 2025 |
RaySimran:Please recommend better fonts. Thanks. |
| Travel › Re: Ogun And Lagos To Build 31km Inter-State Rail Service by malali: 9:19pm On May 19, 2025 |
polymers:How far ? |
| Politics › Re: Vatican Security Blocks Seyi Tinubu From Approaching Pope Leo by malali: 2:43pm On May 19, 2025 |
Cmanforall:I do, i was just adding to the sarcasm.....lol 1 Like |
| Politics › Re: Vatican Security Blocks Seyi Tinubu From Approaching Pope Leo by malali: 2:36pm On May 19, 2025 |
Cmanforall: He can be the vice president in Lagos. But not in Nigeria. |
| Politics › Nigeria Is Not A Monarchy: Chief Of Staff Must Rein In Seyi Tinubu by malali(op): 2:35pm On May 19, 2025 |
In a democratic republic, power is conferred by the constitution—not inherited by bloodline. Yet recent events involving Mr. Seyi Tinubu, son of President Bola Ahmed Tinubu, are raising red flags that blur the line between public office and familial privilege. The most brazen example occurred during the President’s recent visit to the Vatican, where Seyi was seen positioned between the President and his official security detail—including the ADC and bodyguards. That is not optics; that is a direct breach of security protocol and a quiet desecration of institutional order. We ask—who allowed that? The answer leads us to one door: Femi Gbajabiamila, the Chief of Staff. As the de facto manager of the President’s inner circle and the gatekeeper to Aso Rock, Gbajabiamila’s job is not to placate sycophants or accommodate nepotistic incursions, but to uphold the sanctity of the presidency. His silence and passive tolerance of Seyi Tinubu’s serial overreaches now border on complicity. If you cannot manage access, then you are not managing the office. A Pattern, Not an Isolated Incident This Vatican breach isn’t a one-off. Seyi has been seen on multiple state visits and strategic missions, often in positions that raise eyebrows: • Standing where diplomats should be • Appearing in protocol photos • Sitting in on strategy sessions with no known official title The symbolism is dangerous. Nigeria fought for independence, endured multiple coups, and survived military regimes to build a democracy, not a dynastic monarchy. Other presidents have children too. Obasanjo. Jonathan. Buhari. Yet, we never saw their sons standing between the president and the State Protocol Unit at global forums. Their roles remained private—as it should be. Sit the Boy Down. Period. If no one has told Seyi Tinubu yet, let this be the memo: “Being the son of the President does not confer you any constitutional role in statecraft. You are not an elected official. You are not a government appointee. You are not an heir to the Nigerian throne—because no such throne exists.” There needs to be a clear, firm conversation—one that involves the Chief of Staff, the NSA, and the SGF. Let him know what he can and cannot do. If his proximity to power is not curbed, we risk building a model of entitlement as leadership, and bloodline as governance. A Republic Must Look Like One The very soul of a republic is its form: power must appear accountable, separated, meritocratic. Not familial. When presidential trips begin to resemble coronation parades, and the president’s son starts looking like the heir apparent, the nation begins to lose faith—not just in the leader, but in the system itself. If Mr. Gbajabiamila will not course-correct, then perhaps he is no longer fit to be the gatekeeper of Nigeria’s most sacred executive office. 12 Likes 4 Shares
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| Politics › Re: Vatican Security Blocks Seyi Tinubu From Approaching Pope Leo by malali: 2:30pm On May 19, 2025 |
ElSudani:Jared Kushner was an appointed office. He was envoy on middle east in his first tenure. Go and check !!!! Seyi Tinubu has no office. |
| Politics › Re: Vatican Security Blocks Seyi Tinubu From Approaching Pope Leo by malali: 2:22pm On May 19, 2025 |
ElSudani:Not Abroad. Those where his campaign and inauguration. Everything stopped after election. Go and check....Seyi Tinubu is acting like a spoilt brat, without a Job He was even standing between the ADC,Bodyguard and the president. Thats serious security breach. Nobody should stand between the president and the ADC and the bodyguards. 4 Likes |
| Politics › Re: Vatican Security Blocks Seyi Tinubu From Approaching Pope Leo by malali: 2:19pm On May 19, 2025 |
Odogwuzack:I am not a Peter Obi supporter. But Seyi is doing too much. He is even standing in front of the ADC and Bodyguards in the picture. Thats breach of protocol......If anything should happen to the president. They will be liable. Nobody should ever stand between the president and his ADC.........Lets call out wrong acts , when its wrong. 7 Likes |
| Politics › Re: Vatican Security Blocks Seyi Tinubu From Approaching Pope Leo by malali: 2:10pm On May 19, 2025 |
Odogwuzack:They can do their good relationship at home and privately. Seyi Tinubu is not a government appointee or having a constitutional role in Nigeria. How many times have you seen Trump with his children on official tours. Trump just finished touring Saudi,Qatar and UAE. Show me one picture of trump and his son on that official trip. Seyi Tinubu, should be a man and strike out on his own. Create his own niche and brand.....Its giving infantile, when a grown adult male, can find nothing else to do than follow his dad around. 9 Likes 1 Share |
| Politics › Re: Vatican Security Blocks Seyi Tinubu From Approaching Pope Leo by malali: 1:30pm On May 19, 2025*. Modified: 3:00pm On May 19, 2025 |
Seyi Tinubu’s recent escapades amount to a grotesque parody of power—a civilian prince without a crown, meddling in matters far above his station. Let it be clear: he holds no constitutional office, no electoral mandate, and no moral license to parade through state functions like Nigeria is some inherited fiefdom. His repeated breaches of protocol, flamboyant insertions into state affairs, and unchecked gall are not only insulting to the dignity of the Nigerian presidency—they are corrosive to democratic optics at home and abroad. This is a republic, not a royal dynasty. Nigeria does not recognize heirs to the presidential throne. If he wishes to serve, let him run for office like every other Nigerian citizen, not gallop through the corridors of power on the coattails of nepotism. His father, President Bola Ahmed Tinubu, must rein him in—not tomorrow, but now—before these childish indulgences metastasize into a national embarrassment. Nigeria deserves leadership, not lineage. Let that be understood—loudly, clearly, and constitutionally. Trump just finished an official tour of Saudi Arabia, Qatar and UAE....Not one picture or video had any of his Sons in it. 414 Likes 64 Shares |
| Politics › Lekki Is Drowning In Its Own Wealth – Not The Rain by malali(op): 1:46am On May 19, 2025 |
Lagos is not flooding because of climate change. Lekki is flooding because of unchecked greed, engineering apathy, and real estate gluttony. Every rainy season, Lekki residents drag their SUVs through rivers disguised as roads. Behind the flooded streets is a web of deliberate failure, privatized profits, and public suffering. The story isn’t about nature—it’s about bad governance wrapped in glossy cement and high-rise delusion. 1. Lekki’s Terrain is Naturally Rebellious Lekki is a low-lying, coastal peninsula built on wetlands, marshes, and mangroves. In urban planning terms, it was never meant to host high-density development without deep hydrological planning. Originally, this land served as Lagos’ flood basin, absorbing excess water during storms and acting as a natural sponge. But developers saw profit where planners saw peril. 2. Real Estate Developers Butchered the Ecosystem Between 2003 and 2023, the Nigerian elite turned Lekki into an investment zoo. • Mangroves were bulldozed. • Natural water retention zones were sand-filled. • Drainage channels were built like afterthoughts. • Buildings sprang up with zero compliance with drainage regulations. Want proof? Visit Lekki Phase 1 or Osapa London. Massive malls and estates are sitting directly on water catchment areas. They not only block water—they reroute it to your living room. 3. Urban Flooding is the Price of Corruption Nigerian urban development is mafia-coded: • Developers bribe municipal officers to bypass environmental impact assessments. • Dredging companies illegally block drainage paths, especially around Ajah and Sangotedo. • Political cronies get waterfront land allocations, and the Lagos State government does little to enforce planning laws. The result? Stormwater has nowhere to go but up. 4. Drainage Systems Are Cosmetic – Not Functional Most Lekki “drains” are: • Too shallow, • Silted, • Incomplete, • Or blocked by waste from unregulated building sites. Even the vaunted Lekki Conservation Centre is surrounded by inadequate storm channels. When it rains, the water sits. And waits. And drowns. 5. Lekki’s Roads Act Like Dams Lekki Expressway and major connecting roads act like flood walls, not arteries. They divide the land into “wet islands” and “dry corridors”, making floodwater pool in residential zones like Ikate, Chevron Drive, and the perennially flooded Jakande Roundabout. The roads are tarred without sufficient culverts or water passage systems, essentially caging the floods inside human habitats. 6. The Developers Don’t Live There Most property in Lekki is owned by: • Diaspora Nigerians, • Politicians, • CEOs parking cash, • Not the average Lagosian. They don’t live in the mess they’ve created. And the people who do live there? They pay the price—year after year. 7. Lekki is a Snake Eating Its Tail As long as: • Sand-filling continues unchecked, • Mangroves are viewed as “undeveloped plots,” • Municipal authorities ignore enforcement, • And the Lagos elite sees urban planning as a joke… Lekki will continue to drown in its own ambition. The irony? The more expensive the house, the higher the flood risk. Water doesn’t respect price tags. 27 Likes 1 Share
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| Politics › Re: Gale Of Defection: What Really Is Wrong With The PDP? by malali: 9:13am On May 17, 2025 |
DIVINEEVIDENCE:You would be surprised a lot of progressives share this idea. Just tell them that it will start from 2031. Open it up to public debates. Lets do townhalls. Lets invite them senate,HOR and the citizens. After Nigerians are done debating , let them go back to the house and vote according to their constituency. |
| Politics › Re: I Will Crush Insecurity In Nigeria - Tinubu Reaffirms Commitment by malali: 9:00am On May 17, 2025 |
DON'T ANNOUNCE IT .......DO IT. 10 YEARS OF HEARING THE SAME TUNE.... BUHARI SAID THE SAME THING. 15 Likes 1 Share
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| Politics › Re: Debted To Death: Nigeria’s Bloating Government Is A National Security Threat by malali(op): 7:57am On May 17, 2025 |
Tinubu promised to implement the Oronsanye report. Instead he did a 360 degree turn and appointed the most bloated cabinet in Nigeria's history. 1 Like |
| Politics › Debted To Death: Nigeria’s Bloating Government Is A National Security Threat by malali(op): 7:51am On May 17, 2025 |
❝A Nation in Shackles – Not of War, But of Waistlines❞ Nigeria is not poor. Let’s start there. We are a land sitting on sweet crude, gold dust, limestone, cocoa, and a youth population hungrier for opportunity than any in the world. And yet, we are drowning in debt. Not productive debt. Not visionary debt. But the debt of gluttony. Bureaucratic obesity. Political indiscipline. As of today, Nigeria’s Debt-to-GDP ratio hovers above 46%, and rising. You might say, “America’s is over 100%.” Yes, but America prints dollars and its debt is owned in its own currency. Nigeria borrows in dollars, repays in naira, and earns in a system hemorrhaging oil revenues, while our elite import designer slippers. How Did We Get Here? • Overpaid Public Office: We run a country with 1,000+ government parastatals, each with board members paid in dollars for meetings they don’t attend. • Political Looting: Every election year, we borrow to “fund” the budget, which vanishes into campaign pockets and padded contracts. • Import Addiction: Nigeria imports fuel (despite producing oil), cars, clothing, even toothpicks—funded by a dollar we don’t earn, then pays back loans in FX. • Zombie Ministries: Duplicated MDAs with overlapping duties guzzling salaries, overhead, and SUVs with police escorts. The Fallout • In 2024, N3.57 trillion went into debt servicing in one quarter. That’s not repayment. Just interest. • Every naira borrowed means less for hospitals, roads, water. • The naira falls because foreign investors know we’re not serious. • Real businesses are dying, taxed to death to fund a vampire government. The Solution: Scorched-Earth Bureaucratic Reform We don’t need IMF loans. We need discipline. And here’s what we must do immediately: 1. Slash the Size of Government – Mercilessly • Collapse overlapping ministries: Combine Ministries of Police Affairs, Interior, and Defense admin under one roof. • Cap senator salary to ₦500,000/month and ban security votes. • Convert legislative houses to part-time roles. Lawmaking is not a full-time job for full-time looters. 2. Enforce Local Production and Self-Sustenance • All public officers must wear 100% Made-in-Nigeria clothing. No agbadas from Dubai. • Public schools and hospitals must use only local products. Let the leaders taste what they neglect. 3. Luxury Import Tax • Impose 300% tax on luxury goods—wines, designer bags, foreign soaps, luxury cars, etc. • Ban public servants from buying any imported good above ₦50,000 unless proven essential. 4. Transparent Public Spending Dashboard • Monthly real-time publication of every naira spent, down to stationery. • Independent audit of ALL foreign loans. Where did they go? 5. Incentivize Local Manufacturing • Zero tax for 5 years to any business producing textiles, food, tech hardware, or medicine locally. • Create tax-free “makers’ zones” across all six geopolitical zones. 6. Foreign Loan Moratorium & Renegotiation • Immediate halt on all new external borrowing. • Appoint a sovereign debt czar to renegotiate high-interest foreign loans and restructure to longer-term repayment. 2 Likes 1 Share
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| Education › Re: ₦80 Billion Approved For Unity Schools Renovation — FG by malali: 7:41am On May 17, 2025 |
Please open the Electronic EFCC file. All pictures and videos of repairs should be recorded before the repair starts. Pictures half way and video's should be archived Materials used to do it should be recorded. Completion and handover with a sworn affidavit from the school on quality of repairs should also be recorded. Thats the only way we wont have to repeat this repair in the next 2 years. We also wont be chasing the contractor 4 years later when the repairs start falling apart. 2 Likes 2 Shares |
| Politics › Re: Gale Of Defection: What Really Is Wrong With The PDP? by malali: 7:38am On May 17, 2025 |
hafeeanubasy:I’ll say this clearly: I am a Nigerian before I am anything else. Demanding better governance doesn’t make someone a partisan—it makes them conscious. We must stop gaslighting ourselves into silence while Nigeria slowly hemorrhages. Fuel is N900. Dollar is N1600. Food prices are ridiculous. And what does government do? Cuts subsidy only for the masses—while its own bloated bureaucracy grows fatter. If this country must heal, let’s start from the top: • Cut the waste. Why do we need a platoon of special assistants, duplicated ministries like Police Affairs, Interior, and Defense? Merge them into one smart security ministry. • Make legislature part-time. In 2024, how many impactful bills have been passed? If they’re not legislating, they shouldn’t be earning millions monthly. • Turn government houses into revenue streams. Governors’ lodges in Asokoro shouldn’t sit empty. Put them on Airbnb or lease for diplomatic use. Generate income. • Cap ministers at 12. This isn’t 1985. One efficient digital ministry can do what five paper-pushing ones can’t. • Demand transparency. Every local government chairman and governor should be forced to submit a quarterly report detailing how public funds were spent—verified and made public. This isn’t about PDP or APC. It’s about ending economic hypocrisy. You can’t keep squeezing the common man while shielding the elites from pain. If we don’t de-bloat this beast we call government, we’ll soon be a nation with Gucci wearing governors and hungry citizens. Demanding reform is patriotism. Defending failure is suicide. |
| Politics › Re: Gale Of Defection: What Really Is Wrong With The PDP? by malali: 7:23am On May 17, 2025 |
Thats the basic reason,we have money bags as politicians,no ideology.. I agree. |
| Politics › Re: Gale Of Defection: What Really Is Wrong With The PDP? by malali: 6:37am On May 17, 2025 |
Let’s not sugarcoat it, PDP isn’t inherently flawed, but it has become politically malnourished after a full decade of APC rule, where access to state machinery, federal contracts, and patronage networks have been ruthlessly monopolized. 10 Years Without Government Access In Nigerian political calculus, that’s an eternity. Many so-called “honorables” simply cannot sustain relevance, affluence, or influence without the intravenous drip of federal money, padded budgets, and government-sponsored ‘errands.’ Fuel at ₦900, Dollar at ₦1600 This isn’t just economic hardship—it’s systemic deconstruction. Even well-run private businesses are bleeding to death. What chance does an “Excellency” who thrives on constituency allowances, inflated borehole contracts, and photo-ops have? Asiwaju is using the carrot and stick method, he will starve the hungry weak ones and ask EFCC to pay a visit to the wealthy strong minded ones. The Coming Defection Avalanche Watch closely: mass defections will increase, not because of ideological shifts, but out of raw political survival. Like starved lions, they will follow the scent of blood, even if it leads them into enemy territory. The Real Reform: Demote the Legislature Until being a Senator or Rep becomes a part-time civic duty (not a multi-billion Naira career), Nigeria’s democracy will continue to operate like an oil-thirsty cartel. Make it part-time, cut the convoy, remove the immunity, and the wheat will separate from the chaff real quick. 46 Likes 6 Shares |
| Politics › Nigeria’s Universities Are Broke — Endowments Can Save Them. by malali(op): 12:11am On May 17, 2025 |
“Endowment” is not a foreign word. It’s just been foreign to us. In Nigeria, we’ve watched universities in America build billion-dollar endowments that make them financially invincible. Harvard’s endowment is bigger than the entire budget of several African countries combined. In contrast, our universities struggle to pay electricity bills, let alone attract Nobel-caliber scholars or invest in ground-breaking research. But here’s the twist: Nigerians have the money. What we lack is the structure, trust, and vision. What Exactly Is an Endowment? An endowment is not a donation; it’s a perpetual fund. The money is invested, and only the returns (interest or dividends) are used to fund scholarships, infrastructure, research, or staff welfare. If done right, it creates generational wealth for the university. A ₦10 billion endowment invested conservatively at 8% could produce ₦800 million annually — forever. Why This is Urgent Now • Public universities are dying — underfunded, undersupported, and overpoliticized. • Private universities are overpriced — and still not world-class. • Federal funding is shrinking, and TETFund is stretched thin. The truth is, no great university anywhere survives solely on government subvention. If we want world-class research, real innovation, and academic dignity, we need endowments — and we need them now. What Will Kill Endowments in Nigeria? Let’s not pretend: Nigerian systems are allergic to transparency. These are the top killers we must guard against: 1. Mismanagement and Greedy VCs (Vice-Chancellors): Without legal safeguards, endowments can become slush funds for rent-seeking. 2. Political Appointments to Fund Boards: Once politicians see endowments, they see ATM machines. 3. Lack of Financial Literacy: If funds are invested in ponzi schemes or non-yielding assets, the endowment dies. 4. No Alumni Buy-In: You can’t build a fund if old students don’t trust how it’s handled. 5. Tribalization: If endowments become “ethnic projects,” we lose the bigger picture. How to Structure Endowments the Right Way 1. Independent Endowment Boards • Must include financial experts, auditors, and credible alumni. • No sitting university officer should have access to the fund. 2. Legal Incorporation • The endowment must be a registered trust, governed under corporate law with fiduciary duties. 3. Annual Public Audits • Publish audited reports online — transparency earns trust. 4. Tiered Giving Models • ₦1k to ₦1 million. Allow even undergrads to contribute symbolically. 5. Investment Portfolio Strategy • Managed by professional asset managers with conservative risk mandates. Invest in dividend stocks, real estate, and secure bonds — not rice pyramids. 6. Naming Incentives • Give naming rights for buildings, lecture halls, and scholarships to donors. Ego can be a motivator — use it. Call to Action • Alumni groups, start with your department. You don’t need ₦1B. Start with ₦10M. Grow it. Manage it. • Universities, set up endowment frameworks now, even if you have no money yet. Build the trust first. • Corporate Nigeria, your CSR can outlive you. Fund education — not just jollof-rice press conferences. • Students, ask about your university’s endowment like your future depends on it — because it does. In 10 years, every serious Nigerian university should have an endowment. Otherwise, we’re just running academic daycare centers with lecture notes from the 90s. |
| Politics › Non Legally Implicating Words, To Bypass EFCC'S Attack On Freedom Of Speech by malali(op): 3:40pm On May 15, 2025*. Modified: 3:57pm On May 15, 2025 |
I have compiled some words that can be used instead of "allegedly". This will free you from any culpability in the eyes of the law. As we embark in holding the government to account they will also fight back. The same school they went to, Is the same school we also went. 1. Reportedly 2. Purportedly 3. Supposedly 4. Said to be 5. Claimed to be 6. Believed to be 7. Thought to be 8. According to sources 9. According to reports 10. According to witnesses 11. Rumored to have 12. Widely speculated 13. Circulating reports suggest 14. Accounts indicate 15. Eyewitnesses claim 16. Unverified reports 17. It has been suggested 18. Word has it 19. There are claims that 20. As some contend This will absolve you of any tactics they are currently using, if they change tactics, i will share new update. |
| Politics › Re: Bayo Onanuga Shares Images Of The Kano-Jigawa-Katsina Railway Being Built By FG by malali: 2:45pm On May 15, 2025 |
P1PrinceKT:Let me clarify something, hatred implies an emotional investment in something I haven’t even claimed to support or oppose. I’ve never declared allegiance to either the Kano-Maradi or Lagos-Calabar rail projects. So dragging in ethnicity, religion, or party loyalty is an evasion — a distraction from the intellectual core of the discussion. The real tragedy is how deeply this system has succeeded in rewiring people like you to defend positions not with logic, but reflexively with tribalism or identity politics. When people present well-reasoned arguments based on economic viability, opportunity cost, or long-term benefit, you default to emotional projection and personal attacks. Why? Common sense should not be a political statement. If someone challenges your position, debate the issue — not the person. Your inability to intellectually integrate into the core of the topic without shifting into ad hominem says more about your conditioning than mine. Let’s raise the bar: respond to ideas, not shadows. 1 Like |
| Politics › Re: DSS Sues Pat Utomi Over Creation Of 'Shadow Government' by malali: 2:20pm On May 15, 2025 |
omonnakoda:Your rebuke sounds definitive, but it’s built on an intellectual house of mirrors. The irony is thick: you accuse me of “pseudo-intellectual noise” while simultaneously pontificating on court matters without any legal citation, precedent, or clarity of doctrine. If your position is simply that only the court decides, then by that logic, your entire argument becomes invalid the moment you open your mouth—because you’re not the court either. You can’t dismiss my opinion while presenting your own as if it’s canon law. That’s not debate. That’s self-flattery. You’ve reduced reasoned exchange to “noise” because you’re uncomfortable being intellectually challenged. That’s not strength. That’s retreat disguised as righteousness. Some of us talk not for the sake of it, but because silence enables tyranny, and lazy thinking passes for truth. If nuance offends you, the problem is not the speaker—it’s the listener. Courts decide legality. Public opinion decides legitimacy. Learn the difference. And for someone who claims not to care for talk—you sure typed a lot of it. 1 Like 1 Share |
| Politics › Re: DSS Sues Pat Utomi Over Creation Of 'Shadow Government' by malali: 12:58pm On May 15, 2025 |
omonnakoda:Respectfully, your position overestimates legal ambiguity and underestimates constitutional protection. Freedom of association + speech includes political expression—even controversial labels like “shadow government”—unless direct incitement or violence is proven (which has not occurred). Courts have ruled repeatedly that discomfort is not illegality. The DSS is not a judicial interpreter—its job is national security, not semantics or political suppression. The AG or judiciary should handle constitutionality, not armed agencies acting preemptively. Terminology like “Citizens Demand Good Government” is cosmetic. Intent and action matter. SERAP uses aggressive legal framing, yet is protected because it operates within the law. If courts begin banning groups based on names, we slide into authoritarianism by language policing. That’s dangerous. Finally, invoking Boko Haram is a false equivalency. Shadow government ≠ violent extremism. That conflation dilutes the seriousness of real threats. You cannot defend constitutional violations by claiming “not all rights are absolute”—unless there’s a clear and present danger. Naming a group “shadow government” isn’t that. It’s politics. Let the ballot, not bullets, counter it. 1 Like 1 Share |
| Politics › Re: US Dollar-Naira Exchange Rate — The Last 5 CBN Governors By StatiSense by malali: 10:18am On May 15, 2025 |
This information is irrelevant. Dollar was pegged for all other CBN Governors except Cardoso. You are comparing Apples to Oranges. 6 Likes 2 Shares |
| Politics › Re: DSS Sues Pat Utomi Over Creation Of 'Shadow Government' by malali: 10:11am On May 15, 2025 |
1. Freedom of Association & Expression is Protected by the Constitution • Section 39(1) of the 1999 Nigerian Constitution guarantees: “Every person shall be entitled to freedom of expression, including freedom to hold opinions and to receive and impart ideas and information without interference.” • Section 40 further states: “Every person shall be entitled to assemble freely and associate with other persons…” Utomi’s shadow cabinet is simply an expression of political opinion and policy alternative, not a coup or treason. 2. Shadow Governments Are Not Illegal—They’re Democratic Tools • Common in Westminster-style democracies like the UK and Canada. They serve as a counterbalance to executive dominance. • A shadow cabinet doesn’t exercise executive power—it critiques those who do. Criticism ≠ Coup. Ideas ≠ Insurrection. 3. DSS Overreach Undermines Democracy • DSS alleging “mimicking executive authority” is legally incoherent. • Nowhere in the Constitution is political discourse criminalized unless it incites violence—Utomi has never called for force or rebellion. 4. No Criminal Code Cited. No Treason Committed. No Violence Planned. • This is a civil society initiative, not an armed movement. • DSS is weaponizing “national security” as a political gag order—something the courts should vehemently reject. 5 Likes 1 Share |
| Business › Re: Naira Depreciates To ₦1,635/$ In Parallel Market by malali: 10:07am On May 15, 2025 |
DeLaRue:If your reserves are $30B but your debts are $45B, you’re not strong—you’re bleeding underwater. That weakens the naira, not strengthens it. Oil is still our main forex lifeline, but we now borrow money and promise to repay it in crude, further mortgaging our future barrels. Remittances help, but they’re not stable. Worse? Billions are being dumped into flashy, non-revenue-generating vanity projects—railways to nowhere, roads to deserts—none of which will bring in the foreign currency we desperately need. 3 Likes 2 Shares |
| Politics › Re: Bayo Onanuga Shares Images Of The Kano-Jigawa-Katsina Railway Being Built By FG by malali: 9:39am On May 15, 2025*. Modified: 9:57am On May 15, 2025 |
$2 billion for a vanity rail line to Maradi—a border town with no trade gravity—is a textbook case of fiscal madness. The IGR of Kano, Katsina, and Jigawa combined can’t justify this bloated monstrosity. In 100 years, the return on investment won’t sniff breakeven. A smarter move? Rebuild the Port Harcourt–Kano corridor, plug it into Lagos and seaports where real commerce happens. Instead, we built a rail to nowhere—debt-fueled, China-funded, and corruption-lubricated. This is a delusional fiscal policy. This is also the most expensive 400km of railroad built in the world. 29 Likes 2 Shares |
| Properties › Re: Lagos To Introduce Monthly, Quarterly Rent Payment Options by malali: 9:39am On May 15, 2025*. Modified: 10:17am On May 15, 2025 |
Hazards of Flexible Rent (Monthly/Quarterly): 1. Landlord Cashflow Instability • Yearly lump sums give landlords operational certainty. Monthly payments might disrupt maintenance budgets or mortgage obligations. 2. High Eviction Risk for Renters • Miss one month = immediate eviction threat. Tenants may face heightened stress from unstable income streams or delays in salary disbursements.[b] [b] 3. Increased Rent Charges • To offset uncertainty, landlords may charge higher overall rent, hidden fees, or demand security deposits + insurance. 4. Predatory Tech Middlemen • Digital payment platforms may exploit renters with high service fees, late penalties, or data exploitation (AI-driven credit profiling). 5. Informal Sector Challenges • Many Lagosians earn informally. Monthly rent demands could disproportionately affect cash-based earners with inconsistent income. What Govt Must Do to Protect Both Sides: For Tenants: • Rent Default Insurance Scheme: State-backed guarantee fund for 1–2 missed payments. • Digital Rent Payment Regulations: Cap service fees, ensure data privacy. • Eviction Protocol Laws: Mandate notice periods, mediation boards before eviction. • Tenant Credit Profiles: Create public rental credit histories to build trust with landlords over time. For Landlords: • Legal Backing for Quick Enforcement: Fast-track tribunals for genuine rent default. • Incentives for Participation: Tax rebates or low-interest loans for landlords who adopt the scheme. • Mandatory Rental Deposit Escrow Accounts: Reduce tenant–landlord disputes by using third-party escrow. 7 Likes |
| Business › Re: Naira Depreciates To ₦1,635/$ In Parallel Market by malali: 9:39am On May 15, 2025 |
1. FX Liquidity Is Fragile: CBN’s reserves and interventions aren’t deep enough to stabilize demand. 2. Parallel Market Feeds on Uncertainty: Importers and investors panic-buy dollars due to low faith in consistent policy. 3. Rates Are Artificially Split: Two markets (official + black) with different incentives = arbitrage and volatility. 4. Oil Revenue Is Weak + Debt High: Nigeria earns less FX than it needs. Supply ≠ Demand. Bottom line: Until Nigeria exports more non-oil value or builds real FX buffers, naira will continue falling. 6 Likes 2 Shares |
| Politics › Re: Nigeria’s Oil Output Rises To 1.486 Million BPD – OPEC by malali: 9:32am On May 15, 2025 |
Even if Nigeria hits 3 million bpd, profit remains crippled if production costs stay at $40–$45/barrel due to: • Militancy • Corruption • Pipeline protection costs Meanwhile, other producers with cheaper, safer operations have higher margins. Until we fix internal cost structure, more barrels ≠ more wealth. 1 Like |
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