Uniosun may expel more than 4000 students for investing school fees in MMM

The management of the Osun State University has said 4,410 students of the institution may lose their studentship for owing the fees running to over N2bn.

The university, in a statement made available in Osogbo on Monday by its Corporate Affairs Unit, said it was sad that over 4000 students had yet to pay their fees just two days before the deadline.

The university said it observed that many of the students, who were owing school fees of between two and 11 semesters had collected the money from their parents and guardians but had either “invested” the money in the failed MMM scheme or diverted same to other purposes.

The university, however, stated that students who could not meet up with the deadline and, who did not want their studentship terminated might apply in writing to the school authorities to grant them leave of absence for the current semester with a sworn affidavit, pledging to make payment before resumption from the leave of absence.

Punch newspaper.