Mr Ogun said the sum of N733,035,000 was paid to 48,869 university students.
“We will ensure that this illegality stops forthwith,” he said.
The president urged policyholders, the public interest and improving trust and confidence in the sector.
Mr Shettima lauded the contributions of academics to national unity, adding that through their work, a more secure and prosperous country was possible.
The drug company’s decision will affect around 1.5 million teenage girls in Africa who, as a result, will lose their chance to avoid cervical cancer in the near future.
He added that as a result of the non-payment of subsidy, gas supply and power generation had continued to dip.
“We need to take out these weapons in our midst; we need solutions; we need to think out of the box so we can take away these weapons.”
The EFCC has declared ex-Governor Yahaya Bello wanted for alleged crimes of stealing N80 billion from the Kogi treasury.
The sixth respondent, First Bank Plc, was not represented by any counsel.
We are developing ways to boost the purchasing power of citizens with the consumer credit scheme