An Ilorin- based pro- democracy group, Kwara Must Change has shortlisted entries by four students in its mathematical competition to determine the justifiability of remodeling Kwara Hotel and upgrading it to s five-star facility at the rate of N17.8 billion.
The group had announced Kwara Hotels Mathematical competition with a reward of N50,000 for correct entries, in an effort to get dispassionate and honest evaluation of investment by Kwara state government.
In multiple releases over the weekend on its social media page, Kwara Must Change shortlisted four entries with detailed solutions to the mathematical equation.
Announcing the result, the group said, entries by the following students have been shortlisted for consideration in Kwara Hotel Mathematical Competition, namely Ibrahim Abdulazeez from Modibbo Adama University of Technology, Yola, Elijah Oyedele Ainiku from University of Ilorin, Ibrahim Qosim Olamide from University of Ilorin and Salaudeen Ayodeji Faruk from University of Ilorin.
It said each of the students presented a detailed solution to the mathematical equation, using different methodology.
In the submission of Ibrahim Abdulazeez, a student of Surveying and GeoInformatics at the Modibbo Adama University of Technology Yola, he said that, based on evidence derived from the solution to the equation, the negotiating ability of the Kwara State government can be described as efficient.
According to him, Kwara State government is able to upgrade a 172 rooms hotel to 5 star Hotel for N17.8billion, which appears to be a more efficient use of funds compared to others who did smaller projects with more funds”.
Another student, Elijah Oyedele Ainiku, a Physics student from the University of Ilorin also agreed with Ibrahim Abdulazeez in his submission.
He concluded that the proposed cost of upgrading Kwara Hotel is cheap, when compared to other listed examples such as Akwa Ibom and Premier Hotel.
In another entry, a student from University of Ilorin, Ibrahim Qosim stated that the calculation showed that the adjusted cost of upgrading Kwara Hotel is higher than the proposed cost and we can say that the proposed cost is relatively cheap.
Salaudeen Faruk, a student from University of Ilorin who adopted a different approach to the equation stated that, the cost per room of Kwara Hotel is cheaper, when compared to other hotels across the country and this means that the cost of the upgrade is very reasonable and worth it and it can be described as good investment.
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