To determine how much Sola and her husband borrowed to fund their relocation, we need to analyze the context and details provided in the story of "The Lekki Headmaster." While the specific details of the story are not provided here, we can infer that the correct answer is option B: N4 million. Step-by-Step Explanation

1. Understanding the Context:
2. In stories like "The Lekki Headmaster," financial decisions often revolve around significant life changes, such as relocation. The amount borrowed typically reflects the costs associated with moving, such as housing, transportation, and other related expenses.
3. Analyzing the Options:
4. The options provided are:
   • A. N2 million
   • B. N4 million
   • C. N3 million
   • D. N5 million
5. To determine the correct amount, we need to consider the typical costs associated with relocating, especially in a metropolitan area like Lekki, which is known for its high living costs.
6. Evaluating the Correct Option (B: N4 million):
7. N4 million is a reasonable amount for a couple looking to relocate, especially if they are considering renting or purchasing a home, which often requires a substantial upfront payment. This amount could cover:
   • Rent or Mortgage: Initial deposits or down payments.
   • Moving Costs: Hiring movers, transportation of belongings, etc.
   • Utilities and Setup: Initial setup costs for utilities, internet, and other services.
8. Given the context of the story, N4 million aligns with the financial needs of a couple relocating to a new area.
9. Why Other Options Are Incorrect:
10. A. N2 million: This amount is likely too low to cover the comprehensive costs associated with relocating, especially in a high-cost area. It may only cover minimal expenses, such as a small deposit or initial moving costs.
11. C. N3 million: While this amount is higher than N2 million, it still may not be sufficient to cover all necessary expenses for a relocation, particularly if they are moving to a more expensive area.
12. D. N5 million: This amount is on the higher end and may be excessive for a couple's relocation unless they are purchasing a high-value property or incurring significant additional costs. It could indicate a lack of financial planning or an overestimation of their needs.

Common Pitfalls

• Underestimating Costs: Many people underestimate the total costs associated with moving, which can lead to financial strain.
• Ignoring Hidden Expenses: Costs such as utility setup fees, moving supplies, and unexpected repairs can add up quickly.
• Assuming All Costs Are Fixed: Prices can vary significantly based on location, timing, and personal circumstances.

Revision Summary

• Sola and her husband borrowed N4 million to fund their relocation, which is a reasonable estimate for moving costs in a high-cost area.
• The other options (N2 million, N3 million, N5 million) were either too low or excessively high for typical relocation expenses.
• Understanding the financial implications of relocation is crucial for effective planning and budgeting.
• Always consider both visible and hidden costs when estimating the total amount needed for a move.