Good day people, how are you all doing?
Academic activities at the Federal Polytechnic, Ado-Ekiti, were on Tuesday disrupted by protesting lecturers under the aegis of the Academic Staff Union of Polytechnics (ASUP).
But according to various reports, the reason for the closure of the School was not because of ASUP and there owed allowances. It was because the Rector of the Federal Polytechnic Ado-Ekiti, Ekiti State allegedly used lecturers monies to invest on Bit coin, but owing to ban on Cryptocurrency transactions, all their cash has disappeared.
After the ban, the Rector informed the lecturers of the matter involving their money and this has cause chaos and uproar as he could neither pay them back or refund the money to them.
This resulted in the lecturers closing the school gate and preventing anyone where entering or leaving the school. Meanwhile the School is still writing their 2nd semester Examinations.
Some students have gone to social media to air their views on the matter.
Praise: Rector dun carry lecturers money go invest for Bitcon.
Tolu: This country is full of crazy people.
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