The Osun State University also known as UniOsun will be expelling 4000 students for failure to pay school fee which is valued at N2billion. The students who didn’t pay before deadline which is today 28th of Feb, such students would be rusticated. Most students gave excuses of using their school fee to invest in the popular ponzi scheme MMM.

The school gave grace to students who did not want to be rusticated to apply for grant leave of absense for the current semester so that they can go and work to pay the money at the commencement of a new semester.

This is one of the effect of MMM.