top of page

"There’s No Smoke Without Fire But This One Smells Like the ₦71.2 Billion Missing Student Loan VDM Spoke About"


By Oberaifo Udoh

LAGOS, NIGERIA — A powerful video released by controversial figure VDM on Friday, May 2nd 2025, triggered national outrage, as it casts a bold spotlight on a deepening crisis at the intersection of NANS politics, elite interests, and the President's son.

In the video, the newly elected President of the National Association of Nigerian Students (NANS) accuses the President’s son of orchestrating a violent abduction and assault via third-party actors — a move allegedly tied to internal power struggles surrounding the NANS leadership race.

The student leader did not mince words. “I do not fear death, and I certainly do not fear the President’s son,” he declared. But this is more than personal bravado. VDM’s video dives deeper, drawing a potential connection between these alleged events and the recent suspicious disappearance of ₦71.2 billion earmarked for student loans — a figure circulating widely online. He wondered why the President’s son, Seyi Tinubu, suddenly had serious interest in NANS and implied that the President’s son may have vested interests in controlling NANS allegedly, suggesting that it is probably because he has links with the financial irregularities that have resulted in the sudden disappearance of the missing ₦71.2 billion student loan.

On May 2nd, VDM released the daring video . The NANS President claimed that The attack, was a direct consequence of disputes surrounding the NANS presidential election. Undeterred, the student leader made it clear—he fears neither death nor the political heir at the center of the controversy.

Toward the end of the video, VDM dropped a loaded hint. He questioned whether the President’s son’s rumored interference in NANS affairs is linked to the online reports of a missing ₦71.2 billion student loan fund. His insinuation is clear: whoever controls NANS controls the narrative around that missing fortune.

This theory gains weight when placed alongside the opaque circumstances of VDM’s arrest. Over the past two days, the EFCC and DSS have operated in complete silence—no official communication, no public statement, no legal transparency. The swiftness and stealth of their actions suggest involvement from individuals far more powerful than the average law enforcer.

More troubling is the timing. Mere hours after VDM’s location was leaked—he was at a GTBank branch—he was picked up. The precision of the arrest points to a calculated operation, not a routine detainment. Is it possible the President’s son, directly or indirectly, had a hand in it? If so, VDM’s suggestion of a link to the ₦71.2 billion scandal starts to look less like conspiracy and more like uncomfortable reality.

The President’s son has been embroiled in several unwholesome events recently which have led to multiple backlashes, each one dragging his father’s image deeper into public disfavor—especially now, with whispers of a possible Lagos Gubernatorial run looming. If he’s also connected to this arrest, just like the NANS President alleged in a gestapo-style roundup, the pattern becomes undeniable—and so does the motive to suppress it. It also means something is likely true about what VDM alleged could be the real reason behind the NANS presidency fiasco.

History tells us the truth will likely be buried under a distraction, a smokescreen dressed up as justice.

But let’s be clear: silencing VDM isn’t just about him. It’s a strategic move to mute dissent. It’s an assault on truth and a direct threat to anyone who dares challenge the establishment. Arresting him without cause or clarity is nothing short of state-backed intimidation.

This is not justice. This is control.And for that reason, VDM must be released—immediately and unconditionally.

CALL TO ACTION:We demand the immediate and unconditional release of VDM. The Nigerian public deserves answers — not cover-ups. Dissent is not a crime. Speaking out is not treason. If we do not protect the truth now, we invite tyranny tomorrow.

For media inquiries, statements, or interviews,

Comments


bottom of page