In response to the article in This Day newspaper on December 6th, 2009, the authorities of Benson Idahosa University, a highly ranked private university based in Benin City, Edo State, have said that the University is not under receivership of any bank.

According to the university’s Vice Chancellor, Professor Gideon Omuta, there was no time the University was indebted to Access Bank of Nigeria for N200 million, as was being speculated by This Day newspapers.