He told told Saturday told Punch that students owe an estimated N2bn in school fees. “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.