WHY BUILDING OF HOUSES AS HOSTEL FOR STUDENTS IS THE HOTTEST REAL ESTATE INVESTMENT....
Today, according to the National University Commission of Nigeria (NUC), the number of universities has grown to one hundred and sixty universities (160), comprising of 40 Federal Universities, 46 State Universities and 74 Private Universities.
As a result of expansion in student population, accommodations for University student in Nigeria has become a bother for both students and parents,As almost all the Universities fail to provide accommodation facility for students. The very few accommodations that are being provided are not well maintained and also below standard, thereby exposing students to a frustrated life on campus.
Nigerian University students presently live under a horrible condition on school campus. Their accommodation is known to be terrible bad, insanitary, congested and overcrowded thereby impeding their capability of learning effectively. Some of the very few Universities that provide accommodation do not make enough provision. Rooms that are meant to serve just two students accommodates close to 7 students. Yet such arrangements only provides for just 40% of the students, officially.
It has been claimed that 80% of University students live outside the university campus, thereby exposing them to being victims of shylock landlords and unnecessary exposures to a reckless life.
Although Nigerian government knows the predicaments of these students but the rapid growth in student population and over bloated admissions of students into Universities is one of the causes of the shortage in student accommodation.
From the various findings mentioned above it is obvious that Nigerian government and University authorities cannot single-handedly solve the problem of hostel accommodation in the Nigerian University, which is why the business idea of providing real estate services to Nigerian Federal and State University students will go a long way in solving the accommodation problem of students, parents University authorities and the nation as a whole.
This is obviously a window of opportunity that is worth tapping into....
Use this great opportunity & buy a land just around the federal university otuoke(FUO),& build decent & comfortable hostels for students.A self con which now goes for #130,000.00 yrly. Investors are badly needed to invest in decent and comfortable privately own hostels for students...https://chat.whatsapp.com/5dBg0Z00w5J2UFcJbFsOaQ......or
call 08037903444..Email.. Bomsybomsy@gmail.com..