snow white bobo

To build a self-contained apartment, you would need nothing less than ₦15 million. I would like to assume you intend to build condominiums, which is probably the only realistic option that could help optimise land use by building upwards. However, that doesn’t necessarily mean the overall construction cost will be cheaper. Now, let’s look at the numbers. UNILAG produces approximately 15,000 graduates annually, just like the other 13 higher institutions of learning in Lagos. You might be surprised to know that only about 10% of these graduates come from outside Lagos State. So, how exactly do you intend to achieve 15 million × 500,000 graduates? Where will the ₦7.5 trillion come from? For context, Lagos State’s 2026 budget is approximately ₦5 trillion. Your proposed housing intervention would therefore cost significantly more than the state’s entire annual budget. You also mentioned that some graduates would move into two-bedroom apartments. That’s another financial and logistical nightmare waiting to happen. I would like to believe that housing, at least in the form of government-provided apartments, cannot be the most pressing problem for a fresh graduate, particularly in today’s Nigeria, where many people graduate at 20 or 21. The bigger question should be: what does a fresh graduate need most to become economically productive, independent and self-sustaining? We need to be careful not to confuse providing an intervention with solving a problem. This proposal reminds me of empowering doctors with hoes and cutlasses. The idea might sound good, but it is largely misplaced and perhaps not sufficiently thought through. Cc @GRVlagos