AN INVESTIGATION INTO BUILD OPERATE AND TRANSFER IN THE PROVISION OF HOSTELS

AN INVESTIGATION INTO BUILD OPERATE AND TRANSFER IN THE PROVISION OF HOSTELS

Abstract

Inadequate housing for college students has been a major concern for government and university authorities. Since his 2004, the government has tried to involve the private sector in providing hostels through its Build-Operate-Transfer scheme. Challenges arose in the implementation of the program. The purpose of this study was to examine the slow adoption of the university’s building operations and transfer system, including willingness to adopt this policy. We also investigated the causes of low developer and investor participation in BOT programs. A structured questionnaire was developed and distributed to developers, student affairs and the spatial planning and construction departments of federal universities. An interview with the Infrastructure Concession Regulatory Commission was also conducted. Data were analyzed using percentages, means, and relative importance indices (RII). The study found that the Federal University of Nigeria is ready to implement this policy with a readiness rating of 3.63 out of 5. Developers are aware of and willing to participate in the program. Private sector involvement was found to be low as only five BOT projects were identified. Poor knowledge and understanding of his BOT schema by potential developers (RII = 0.86). The time and cost intensity of BOT projects (RII=0.8) and preference for traditional procurement routes (RII=0.78) were factors opposing the implementation of the program by universities. High loan interest rates (RII=0.83), the unavailability of long-term loans (RII=0.82), and inconsistent government policies (RII=0.81) have made developers less likely to adopt Build Operate Transfer to provide hostel accommodation. That’s the main challenge we face. Facing university. The study focuses on ensuring fairness, competitiveness and transparency in the procurement process, standard/infrequently changing academic calendars, acceptable rental rates (flexible and tailored to customization), and mutual trust. It concludes that securing is a practice that facilitates the adoption of BOT in residence deliveries. Universities in Nigeria could improve.

chapter One
Foreword
1.1 Research background
Education in some developing countries like Nigeria suffers from underfunding. Underfunding for higher education is seen as an African phenomenon (Onuka, 2004 and Ayo-Sobowale & Samuel, 2011). This lack of funding is one of the main factors affecting the quality of education in higher education in Nigeria. Babalola (2002) and Samuel (2003) also found that Nigeria’s federal universities lacked the financial resources to sustain educational quality in the face of rapidly increasing enrollment. UNESCO recommends at least 26% of the national budget for education, but Nigeria has fallen short of that share in recent years (Onuka, 2004).

The Nigerian federal government established three new federal universities in 2013, bringing the total number of federal universities in the country to 40 (Nigerian Commission on Universities, 2013). One of the infrastructure problems facing the country’s higher education institutions is the lack of dormitories for the growing number of students, which is a serious concern for government and university authorities. Student dormitories play an important role in the lives of university students. Because in order to get the best results from our students, we need to make reasonable accommodation/accommodation arrangements. According to Okebukola et al. (2004) In standardized university communities, dormitories, dormitories, and dormitories in the form of dormitories are forms of housing developed for students. But Ubong (2007) laments the hostel.