₦airaland Forum

blamingthedevil:
Understand cost amortisation or expense allocation.

Minimum wage = N70,000
Passport cost = N100,000 validity 5 years ( 60 months ).

If the N100,000 is amortised over 60 months, the monthly cost becomes N1,667.

If you want to compare the cost of the passport with a validity of 5 years then compare it to what the person will earn over 5 years. N70,000 × 60 months = N4.2m

This has nothing to do with the cost of the passport. It's just common sense.

https://x.com/fimiletoks/status/1961478470116295002

kedeojo:
Lagos- calabar coastal road is not a fraud. If you have been to the section from VI which is just at the front of Eko Atlantic City, then you will know it was a brilliant idea. Travel times will so much reduced. It will relieve the pressure of the Lagos-ibadan- shagamu- ore - Benin roads. Work has already started at both calabar and Akwa ibom axis too. Nobody from south south condemned the road and the only issue raise by late Edwin Clark was for Tinubu to also start from the calabar section and he did and even added Akwa ibom section too. I just hope you are not from south east cos they are the mostly condemning it but they didn't condemned the ones which will connect their zone with north. There is no government who won't make money or even loot in the present day Nigeria, from president to even councilor if they had the chance. What nigerians need is to see it completed and nobody will be consign about the amount. No saint among the current politician. One of my neighbors from agbor is very close to obi and his wife. He his into small chops and he said obi used to frequently host parties. He was heartbroken when he lost cos he knew he would have been in Abuja with them. He was convincing people and calling Tinubu all manner of name just because of what he stand to gain personally . I told him recently that his only support for obi was because of what he want to gain not because he was a credible candidate. I ask him can he compare anambra development under obi and Soludo now. How was Awka and he didn't argue cos he knows better.

anonimi:
What tone would you use to make the same argument professionally

Blakhorse:
Ask yourself how many people got their passport with N18,000 and N33,000 and how long it took under Jonathan and Buhari then you will understand why ADC is a deceptive party

kedeojo:
Lagos- calabar coastal road is not a fraud. If you have been to the section from VI which is just at the front of Eko Atlantic City, then you will know it was a brilliant idea. Travel times will so much reduced. It will relieve the pressure of the Lagos-ibadan- shagamu- ore - Benin roads. Work has already started at both calabar and Akwa ibom axis too. Nobody from south south condemned the road and the only issue raise by late Edwin Clark was for Tinubu to also start from the calabar section and he did and even added Akwa ibom section too. I just hope you are not from south east cos they are the mostly condemning it but they didn't condemned the ones which will connect their zone with north. There is no government who won't make money or even loot in the present day Nigeria, from president to even councilor if they had the chance. What nigerians need is to see it completed and nobody will be consign about the amount. No saint among the current politician. One of my neighbors from agbor is very close to obi and his wife. He his into small chops and he said obi used to frequently host parties. He was heartbroken when he lost cos he knew he would have been in Abuja with them. He was convincing people and calling Tinubu all manner of name just because of what he stand to gain personally . I told him recently that his only support for obi was because of what he want to gain not because he was a credible candidate. I ask him can he compare anambra development under obi and Soludo now. How was Awka and he didn't argue cos he knows better.

DeepSight:
So you are not aware that all utilization of funds requires appropriation under law by the legilature beforehand under the constitution? What ignorance. And you are talking about writing rubbish?

CodeTemplarr:
The painful part is not the taxes and levies but what they are used for at the end. They are used to further enslave the masses.
They do that through shell companies that execute hyper-inflated mega projects to be repaid by the masses via tolling and further taxation. Projects that dont really serve the masses but are forced down their throats. Look at that Lagos-Calabar fraud.

kedeojo:
Lagos- calabar coastal road is not a fraud. If you have been to the section from VI which is just at the front of Eko Atlantic City, then you will know it was a brilliant idea. Travel times will so much reduced. It will relieve the pressure of the Lagos-ibadan- shagamu- ore - Benin roads. Work has already started at both calabar and Akwa ibom axis too. Nobody from south south condemned the road and the only issue raise by late Edwin Clark was for Tinubu to also start from the calabar section and he did and even added Akwa ibom section too. I just hope you are not from south east cos they are the mostly condemning it but they didn't condemned the ones which will connect their zone with north. There is no government who won't make money or even loot in the present day Nigeria, from president to even councilor if they had the chance. What nigerians need is to see it completed and nobody will be consign about the amount. No saint among the current politician. One of my neighbors from agbor is very close to obi and his wife. He his into small chops and he said obi used to frequently host parties. He was heartbroken when he lost cos he knew he would have been in Abuja with them. He was convincing people and calling Tinubu all manner of name just because of what he stand to gain personally . I told him recently that his only support for obi was because of what he want to gain not because he was a credible candidate. I ask him can he compare anambra development under obi and Soludo now. How was Awka and he didn't argue cos he knows better.

Datedoboy:
Politics aside as i don't support any political party. What you don't understand is that passport is not only for japa. It is a valid means of identity even in any Country. The minimum wage earners in any country in the world should be able to afford a passport. There is no country in Europe where cost of passport is greater than minimum wage. Any country that its passport cost is more than its minimum wage is a slave camp. What this means is that the Government has taken away identity of most Nigerians.

CodeTemplarr:
The painful part is not the taxes and levies but what they are used for at the end. They are used to further enslave the masses.
They do that through shell companies that execute hyper-inflated mega projects to be repaid by the masses via tolling and further taxation. Projects that dont really serve the masses but are forced down their throats. Look at that Lagos-Calabar fraud.

Moroccoguy:
Na who get money dey japa, 200k is even small dey should make it 500k. You get 10m to relocate and you are complaining about the price of no 1 identity to travel.

kedeojo:
Lagos- calabar coastal road is not a fraud. If you have been to the section from VI which is just at the front of Eko Atlantic City, then you will know it was a brilliant idea. Travel times will so much reduced. It will relieve the pressure of the Lagos-ibadan- shagamu- ore - Benin roads. Work has already started at both calabar and Akwa ibom axis too. Nobody from south south condemned the road and the only issue raise by late Edwin Clark was for Tinubu to also start from the calabar section and he did and even added Akwa ibom section too. I just hope you are not from south east cos they are the mostly condemning it but they didn't condemned the ones which will connect their zone with north. There is no government who won't make money or even loot in the present day Nigeria, from president to even councilor if they had the chance. What nigerians need is to see it completed and nobody will be consign about the amount. No saint among the current politician. One of my neighbors from agbor is very close to obi and his wife. He his into small chops and he said obi used to frequently host parties. He was heartbroken when he lost cos he knew he would have been in Abuja with them. He was convincing people and calling Tinubu all manner of name just because of what he stand to gain personally . I told him recently that his only support for obi was because of what he want to gain not because he was a credible candidate. I ask him can he compare anambra development under obi and Soludo now. How was Awka and he didn't argue cos he knows better.

Blakhorse:
Ask yourself how many people got their passport with N18,000 and N33,000 and how long it took under Jonathan and Buhari then you will understand why ADC is a deceptive party

CodeTemplarr:
The painful part is not the taxes and levies but what they are used for at the end. They are used to further enslave the masses.
They do that through shell companies that execute hyper-inflated mega projects to be repaid by the masses via tolling and further taxation. Projects that dont really serve the masses but are forced down their throats. Look at that Lagos-Calabar fraud.

iwaeda:
https://x.com/ADCcoalition/status/1961885349849759811

Moroccoguy:
Na who get money dey japa, 200k is even small dey should make it 500k. You get 10m to relocate and you are complaining about the price of no 1 identity to travel.

DeepSight:
It is a fraud.

1. There was no legislative appropiation.

2. It did not go through procurement (Bureau of Public Procuremement).

3. There was no public RFP/ competitive tender.

4. It was awarded unilaterally to the president's dodgy crony who is an international convict in two countries.

5. The cost is inflated.

6. It is no where near a priority and yet was made a priority.

WorldRichest:
Yes, like the Agulu pickpocket who ran down Anambra state, making all his people to flee to come and slave in Lagos, yet the cotes and rigged for him to be Nigeria’s President, it will never happen

Image123:
You must have heard about Renewed Hope Infrastructure Fund. When are you suing the government in ignorance as a lawyer?

jamafa:
Tinubu will finish the road before completion of his tenure.

blamingthedevil:
Understand cost amortisation or expense allocation.

Minimum wage = N70,000
Passport cost = N100,000 validity 5 years ( 60 months ).

If the N100,000 is amortised over 60 months, the monthly cost becomes N1,667.

If you want to compare the cost of the passport with a validity of 5 years then compare it to what the person will earn over 5 years. N70,000 × 60 months = N4.2m

This has nothing to do with the cost of the passport. It's just common sense.

Fine..now do the same spreading with the cost under Jonathan or does this your logic apply only under tinubu!

https://x.com/fimiletoks/status/1961478470116295002

kedeojo:
Lagos- calabar coastal road is not a fraud. If you have been to the section from VI which is just at the front of Eko Atlantic City, then you will know it was a brilliant idea. Travel times will so much reduced. It will relieve the pressure of the Lagos-ibadan- shagamu- ore - Benin roads. Work has already started at both calabar and Akwa ibom axis too. Nobody from south south condemned the road and the only issue raise by late Edwin Clark was for Tinubu to also start from the calabar section and he did and even added Akwa ibom section too. I just hope you are not from south east cos they are the mostly condemning it but they didn't condemned the ones which will connect their zone with north. There is no government who won't make money or even loot in the present day Nigeria, from president to even councilor if they had the chance. What nigerians need is to see it completed and nobody will be consign about the amount. No saint among the current politician. One of my neighbors from agbor is very close to obi and his wife. He his into small chops and he said obi used to frequently host parties. He was heartbroken when he lost cos he knew he would have been in Abuja with them. He was convincing people and calling Tinubu all manner of name just because of what he stand to gain personally . I told him recently that his only support for obi was because of what he want to gain not because he was a credible candidate. I ask him can he compare anambra development under obi and Soludo now. How was Awka and he didn't argue cos he knows better.

Moroccoguy:
Na who get money dey japa, 200k is even small dey should make it 500k. You get 10m to relocate and you are complaining about the price of no 1 identity to travel.