“Some of our students invested their school fees in MMM”, says UNIOSUN VC

Posted on by

Several students of Osun State University have been unable to pay their school fees due to their investment in Mavrodi Mondial Moneybox, a popular Ponzi scheme.

Labode Popoola, vice chancellor of the university, on Saturday told Punch that students owe an estimated N2bn in school fees.

The professor said the institution would ensure that the undergraduates pay their tuition regardless of whether they are able to recoup their money from MMM.

He noted that the school’s registration portal would only be re-opened if many students pay their outstanding fees.

Popoola said: “Some of them (students) used their school fees to invest in MMM. But whether MMM comes back or not, it is their headache. I have told them that we are not going to open the portal.

“If I see that a critical mass of the students pay, then we will decide to open the portal just for about 48 hours. But they must pay first.

“This is how we accumulated a debt profile of over N2bn, we cannot continue this way. They just have to pay the money.”

The MMM Ponzi scheme went on break in December and recently announced the resumption of activities but it’s yet to be determined whether investors have started getting paid.

414 thoughts on ““Some of our students invested their school fees in MMM”, says UNIOSUN VC”

  412. At first, I wasn’t sure if CBD gummies would actually do anything, but after a link of weeks of taking them like https://www.cornbreadhemp.com/products/full-spectrum-cbd-gummies on siesta, I can reveal they’ve helped a lot. Normally my mind races at darkness and I can’t reconcile down, but about 45 minutes after taking individual, I start to caress more tranquil and drifting misled is much easier. The hairy element is I don’t have a heavy or bewildered in the morning. They are a grain on the priceless side, but an eye to nights when I really requisite becoming put, they’ve been merit it.

  413. I started fetching cbd gummies cornbread a smidgin while ago well-grounded to discover what the hype was prevalent, and these days I in reality look cheeky to them preceding the time when bed. They don’t bang me escape or anything, but they generate it so much easier to cold and fall asleep naturally. I’ve been waking up sensibility pathway more rested and not sluggish at all. Disinterestedly, description of wish I’d tried them sooner.

  414. I’ve been using mushroom extract gummies ordinary seeing that on the other side of a month for the time being, and I’m indeed impressed during the positive effects. They’ve helped me perceive calmer, more balanced, and less restless in every nook the day. My sleep is deeper, I wake up refreshed, and straight my core has improved. The quality is outstanding, and I cognizant the accepted ingredients. I’ll obviously carry on buying and recommending them to everyone I know!

Leave a Reply

Your email address will not be published. Required fields are marked *