Education

Federal polytechnic, Ado-Ekiti Rector uses N1 billion staff salaries to invest in Bitcoin

Federal polytechnic, Ado-Ekiti Rector uses N1 billion staff salaries to invest in Bitcoin

According to report reaching oyogist.com, the Rector of federal polytechnic. Ado-Ekiti is currently on the run after reportedly investing about N1 billion meant to pay Salaries of lecturers into Bitcoin.

the lecturers have reportedly began strike action by closing down the gate of the school in protest of N1 Billion salaries arrears owed by the rector.

Federal polytechnic, Ado-Ekiti Rector uses N1 billion staff salaries to invest in Bitcoin


Students have also shown displeasure over the rector’s action, as the federal government is being called upon to intervene.

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