Mikoda

Renewable Energy Solution provider. Inclined to Nature, Humanity and philanthropy.

[Taiwo Oyedele @taiwoyedele]

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[Mikoda @mike48256372]

@atolly02 @Laurestar Ever heard of Stockholm syndrome?

[THP @TaiTrump03]

@BashirAhmaad Wicked Liar.

[Mikoda @mike48256372]

@Umar_jaz Your post isn't only insensitive but myopic to say the least. Take a cursory look around you locally /globally and tell me if the attitude of the larger south towards the north is misplaced.

[Mikoda @mike48256372]

@OyesileJohn Stockholm syndrome alert!

[Mikoda @mike48256372]

@Waspapping_ Your ignorance and bigotry is officially a tragedy.

[Mikoda @mike48256372]

@BachurunGaa @TweetbyRuda Oracle you are bro!

[Culture Explorer @CultureExploreX]

Poland just became a $1 trillion economy without open borders, without giving up religion, and without tearing down its traditions.

What did Poland do that the West won’t? (a thread) 🧵👇

[Fèlèfèlè @DrFellele]

This is why I call most of you Pseudo-intellectuals. I normally don’t like wasting my time with “Dr” like you but for the sake of the people you decieve let me delve in;

1.Amortisation is Misapplied Here
Amortisation or expense allocation applies to business assets or financial planning, not to individual subsistence spending. A passport is not consumed month by month like rent, insurance, or subscription, it is a lump-sum access cost. Nigerian cannot pay ₦1,167 monthly; they must produce ₦100,000 at once. That immediate cash outflow is the real economic burden, regardless of its validity.

2. Wage-to-Cost Ratio Matters
The argument that ₦4.2m over 5 years makes ₦100,000 negligible ignores income distribution and cost of living.

If someone earns ₦70,000 monthly, that money already goes to essentials: food, transport, rent, utilities, school fees.₦100,000 is more than one full month’s income for such a worker. Asking them to “just amortise it” is like telling them not to eat or pay rent for one whole month just to afford a passport.

3. Relative Cost Benchmarking
In most countries, passport cost is benchmarked against minimum wage:
UK: £88.50 for 10 years vs minimum wage £1,730/month → about 5% of monthly wage.

US: $165 for 10 years vs minimum wage $1,256/month → about 13% of monthly wage.

Nigeria: ₦100,000 for 5 years vs ₦70,000/month → about 143% of monthly wage.
So comparatively, Nigeria’s passport is disproportionately expensive.

4. Cash Flow > Lifetime Earnings
Bringing 5-year cumulative earnings into the comparison is misleading. Someone who earns ₦4.2m over 5 years cannot automatically spare ₦100,000 at once. It’s not about cumulative wealth, but about liquidity and affordability at the point of payment.

The “common sense” here is actually flawed. Comparing a ₦100,000 lump-sum cost to ₦4.2m five-year earnings ignores cash flow realities and international benchmarks. For a minimum wage earner, the Nigerian passport cost is unaffordable in relative terms, regardless of amortisation tricks.

You see why I call most of you pseudo?

[Mikoda @mike48256372]

@Mrs_Monica_Rose @ElleRulavage @sola_chad Your take is well grounded. You earned yourself a follower in me

[Mikoda @mike48256372]

@secretsqrl123 @RussellJohnston Like a super tucano II

[Mikoda @mike48256372]

In your 30s and planning to get married? Don't ignore this please!

[The Sage of Reason @thesageofreason]

Wanna improve your life?

Date someone who makes you uncomfortable.

No, not in a toxic way.

In a “why are you still in bed?” kind of way.

In a “that excuse is getting old” kind of way.

You’ll spot her a mile off.

She’s got dirt under her nails and zero
tolerance for mediocrity.

[The Sage of Reason @thesageofreason]

Wanna improve your life?

Date someone who makes you uncomfortable.

No, not in a toxic way.

In a “why are you still in bed?” kind of way.

In a “that excuse is getting old” kind of way.

You’ll spot her a mile off.

She’s got dirt under her nails and zero
tolerance for mediocrity.

[Mikoda @mike48256372]

@MAgbogidi Amen!
Nigeria I must add, is a clear example of resource cursed country

[Mikoda @mike48256372]

@mislaw178 @iamjersikay @FinPlanKaluAja1 Very well laid out. Majority of our developmental problems in Nigeria will fizzle out the day we collectively decide to hold our governors and LGA chairmen accountable for resources they control. That being said, FGN can also help by building connective infrastructure.

[Mikoda @mike48256372]

@okezie_moses @PhilWhittlesee @MikeBotkin_ @UPS @Apple @grok Please explain the meaning of Trump to this dude. Thanks

[Mikoda @mike48256372]

@rowosky @okezie_moses @PhilWhittlesee @MikeBotkin_ @UPS @Apple @grok Please explain the meaning of Trump to this dude. Thanks

[Mikoda @mike48256372]

@SKefason Election time: rally ethnically biased voters to elect the worst candidate
Crunch time: cry me a river
Election time: rinse and repeat

Recommendation: try out an Idoma candidate as governor for once and the heavens won't fall.
Thank you

[Mikoda @mike48256372]

@Mrbankstips

[David Hundeyin @DavidHundeyin]

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