Omodeinde further urged the students’ leaders to uphold their mandate of protecting their members’ welfare while ensuring that individuals involved in misconduct within their ranks are handed over to the police.

The statement read, “The Commissioner of Police also advised the student union executives to educate their members to desist from cybercrime, which is tarnishing the country’s image and making it difficult for Nigeria to exit the Financial Action Task Force grey list.

“He enumerated the following as implications of Nigeria’s status on the FATF grey list: reduced foreign investment, increased cost of transactions, difficulties in transacting with other countries, increased regulatory scrutiny, loss of revenue for the government, undermining of financial markets, reduced cross-border transactions, and loss of correspondent banking relationships, among others.

“The Student Union Leadership commended CP Omodeinde for his outstanding leadership style, diplomacy, and fairness, as the engagement will further improve relations/understanding between the police and student community.”