VC Laments Students Investing School Fees In MMM


On January 11, 2017, the Vice-Chancellor of Osun State University, Prof. Labode Popoola, told journalists that the school’s authorities would publish in national newspapers names of students who owe tuition, claiming that some of them had invested the money in the MMM scheme.

Noting that the affected students had owed since their enrolment, Popoola said it had come to the knowledge of the school that most of them were enrolled in MMM.

He disclosed that the cumulative debt being owed the school by the students was N2bn.

He said, “We are aware that parents of most defaulting students had given them their school fees and it was revealed that the students had diverted the monies into the MMM scheme.”

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