A scholar of Federal Polytechnic Bida, Niger State, named Dupe Olurunfemi, was admitted into the school clinic when she heard college charges fee deadline.

She expressed that she invested over Seventy Thousand naira [#70 000] which was meant for her faculty charges and lodging within the cash doubling scheme, Mavrodi Mundial Moneybox (popularly referred to as MMM) and has been unable to get the cash again.

There was incense and a number of other pleas on social media by college students who had been affected by the Ponzi scheme after the Ponzi fails to maintain its promise to start out paying contributors by January 14 as earlier introduced.
Olorunfemi mentioned: “I joined the platform on November 9, 2016 with N70 000 which I had been saving for months to pay my charges this session. I awakened on December 12, 2016 to get assist (GH) solely to search out out that the GH had been frozen. I had hoped that on January 14, 2017, I shall be paid however I’m but to get my a refund.”

Based on The Nation Newspaper, the deadline for college charges fee of the Federal Polytechnic Bida, Niger State ended on Wednesday, January 25. Majority of the scholars who misplaced their tuition charges to Mavrodi Mundial Moneybox (popularly referred to as MMM) are but to pay their charges.

One other pupil of the polytechnic, Samson Endurance, an ND II pupil of Public Administration was expelled from his off-campus hostel lodging in the course of the evening by the owner as a result of he owed lease. He mentioned he invested his lease within the Ponzi Scheme -MMM.