By Shina Abubakar, Osogbo

The Vice-Chancellor of Osun State University, Professor Clement Adebooye, has appealed to estate managers and private developers to invest more in affordable hostel projects within higher institutions across Nigeria to end the persistent accommodation exploitation of students by landlords.

Professor Adebooye speaking at the 30th anniversary thanksgiving of Amorit International Limited in Abere, Osun State, lamented over the exploitation of students by the hostel.

He lauded Amorit for intervening during the housing crisis of Uniosun, urging other real estate developers across the country to invest in affordable hostels in Nigeria.

He said, “The Estate celebrating thanks giving today, intervened in UNIOSUN by building a very big hostel, and I wish that other Estate management in the state and even across Nogeria can come over and develop estates in the institution.

“Particularly in Osun State University were the locals have made accommodations unavoidable for students so hostels built by developer like this will be cheaper and more secure for students.”

Also, the Lead Director of Amorit, Kayode Oyewole, advocated for a good a good mortgage system to make housing easy for Nigerians and mitigate challenges facing the sector.

He also lauded President Bola Tinubu’s tax reforms, saying “it will improve housing sector, you don’t charge VAT on housing. It’s not consumable, it’s a necessity of life. It’s going to favour us and another aspect it’s going to add another value to us in the sense that you pay base on your rate of turnover.”