… …Tokunbo Wahab lauds PPP approach, thanks stakeholders

In a landmark development for Lagos State University (LASU), Ojo, the first phase of a transformative 10,800-bed hostel project is now ready for commissioning. This ambitious initiative, facilitated by the Lagos State Government under Governor Babajide Sanwo-Olu, represents a significant stride in improving student welfare and addressing accommodation challenges at the institution.  

The announcement was made by Tokunbo Wahab, the former Special Adviser to the Governor on Education who is now the state environmental czar via a post on X (formerly Twitter). Wahab described the project as one of the most ambitious undertakings during his tenure, highlighting its execution through a Public-Private Partnership (PPP) model under a Build-Operate-Transfer (BOT) arrangement. The collaboration involves seven reputable investors.  

“Through the grace of God, the unwavering support of the Lagos State Office of Public-Private Partnerships, the relentless efforts of LASU management led by Vice Chancellor Prof. Ibiyemi Olatunji-Bello, and the cooperation of key stakeholders, the first phase of this landmark project has now been completed,” Wahab said. 

A Game-Changer for Student Accommodation  

The 10,800-bed hostel is poised to be a game-changer for students at LASU, alleviating long-standing accommodation challenges. The project exemplifies the Lagos State Government’s commitment to leveraging public-private partnerships to address critical infrastructure needs in the education sector.  

Wahab expressed pride in the project’s progress and its readiness for commissioning by Governor Babajide Sanwo-Olu, stating: “Proud of the work done here and to have been a part of this special one.”  

As LASU prepares to commission this milestone development, students, staff, and stakeholders eagerly anticipate the improved living conditions and enhanced academic experience the new hostel will bring.  

The completion of this phase sets the stage for further advancements in the institution’s infrastructure and positions LASU as a leading center of academic excellence in Nigeria.

Babajide Fadoju For LagosToday