5 Reasons Why Govt Will Not Be Able To Stop MMM Nigeria

5 Reasons Why Govt Will Not Be Able To Stop MMM Nigeria
MMM is in no doubt one of the biggest investment that many Nigerians now do. There is no place in Nigeria that people will say that they have ever heard of the Ponzi scheme, MMM. The scheme has become the talk in town as it offers over 30% growth on investment per month.

MMM Nigeria is not an investment per say, but a social financial aid programme where participants help one another with their spare cash by form of donation. The programme requires participants to first Provide Help (PH) to someone before they can request to Get Help (GH).

But many negative controversies has trailed MMM since it was launched in Nigeria. Many people especially government and her agencies see MMM as a Ponzi scheme. 

The government through the Central Bank of Nigeria, CBN and Security and Exchange Commission, SEC has since warned Nigerians against the activities of MMM. And recently, the House of Representative also debated on the topic, directing Security agencies to go after MMM promoters.

But in the midst of all those controversies, the faithful participants of MMM Nigeria has remained resolute in their dealing with MMM. Nigerians who are severely bitten by recession has refused to yield to the government pressure calling for the shutdown of MMM. 

Many Nigerians has warned the government to steer clear from MMM. They insist that the money that they invest is their own money and therefore, government should not tell them what to do with their own hard earned money.

This faith from the part of participants has continued to see MMM Nigeria wax stronger day by day. The number of participants has continued to grow on daily basis as many people are now having confidence in the MMM ideology.

I have critically reviewed the Ponzi scheme and has come to conclude that it will be very difficult for the government to stop MMM programme in Nigeria because of the following reasons.

1. Server

MMM Nigeria is an internet website based programme. It is obvious that MMM server is not hosted in Nigeria. The Nigeria government will not be able to shutdown MMM website because the server in which the programme is being run is not hosted in Nigeria. It is believed that MMM Nigeria server is hosted in Russia which is the home country of its founder, Sergie Mavrodi.

2. Participants

Nigerians are very greedy people. Nobody will like to trade off MMM for any other thing in the world. The programme pays 30% of your investment per month. This makes it extremely difficult for Nigerians to quit from doing MMM.

3. Mode of Operation

MMM Nigeria works in such a way that participants make use of banks for their donations. While some people use mobile/online transfers, others pay cash directly into the beneficiary account via cash deposits. This makes it impossible for the government to identify the account holders who do MMM since nobody indicates MMM during the transaction.

4. Recession/Hardship 

Presently in Nigeria, recession is biting hard in every sector of the economy, resulting to severe hardship. Nigerians has now seen MMM as a means of making ends meet since the government can no longer provide for her citizens. Any move by government to shutdown MMM Nigeria will result to civic unrest as it will be resisted with mass protest.

5. Everybody is Involved 

Virtually 20% of Nigerians has now embraced MMM as a lucrative investment opportunity. Even the people in government have their family members, relatives and friends who are into MMM. Shutting g down the programme will affect virtually everybody. 

Thank you for finding time to read this article, let us know you own view on the topic.


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Hardship Will Multiply Next Year Says Prophet T.B. Joshua

Hardship Will Multiply Next Year Says Prophet T.B. Joshua
The General Overseer of Synagogue Church of All Nations, SCOAN, Prophet T.B. Joshua has prophesied that the coming year 2017 will be worst than what is being experienced this year 2016. The man of God revealed this during his Sunday service sermon at the Synagogue Church of All Nations on Sunday 13th November 2016. 

Prophet Joshua likened what is happening now as rainy season to compare to what will happen next year which he likened as dry season.  He said that next year 2017 will be time to suffer the consequences of our present action. The man of God maintained that life will become more difficult and hardship will persist in a more severe way. He noted that hunger will increase in the Country.

T.B Joshua recalled that he prophesied of what is happening now during his December 2016 New Year Prophecy. He reminded  Nigerians that he said that every attempt to resist devaluation would fail, and the prophesy is today a reality. 

Recall that this prophesy is contrary to what many men of God said during their New Year prophesy for 2016. Many men of God had prophesy that the year 2016 would be very tough but also said that things would improve before the end of the year.
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How To Know If That Job Interview Is Worth Attending

How To Know If That Job Interview Is Worth Attending
The paucity of goods jobs in our society nowadays has necessitated the introduction of many slave-like jobs schemes. Some individuals always like to take advantage of certain conditions to exploit their fellow human beings.

It is no longer news that many economies has gone into recession as a result of drastic fall in international oil prices. This kind of economic crisis has created untold hardship to citizens who on daily basis were faced by inflation in the face of dwindling income.

Getting a job in a recessive economy has become a herculean task. Some individuals and companies being aware of the present hardship, devise some kind of slavery schemes in the name of employment. Citizens who are left with no choice than to grab such jobs to survive, usually go through untold hardship.

I discovered that sometimes even without applying for any job, you do get a job interview invite. I was on my own the other and I got an SMS inviting me for a so called job interview. Below is a sample of such invitation.


At first, I was surprised because I could not remember applying for such job. But being in need of a change of job, I was willing to attend. But  because I couldn’t have attended blindly, I made a little research about them. I first called the number they provided for inquiries and the woman I spoke to gave me an impression that the organisation is an NGO. I further inquired if the offer was a marketing job, she told me it was an office job. 

Hmm, I got even more interested. Even though the invite was an urgent one, I was still willing to attend. 

But at a time, I decided to go online to research on the so called NGO. When I Googled it, I saw many job adverts on numerous positions by the same self acclaimed NGO. This time I made up my mind to attend the interview.

But on a second thought, I decided to make further research on the said NGO. It was when I got to Nairaland that I discovered the manner of company that invited me for a job chat. What a pity. 

In Nairaland, I saw the comments of people from all walks of life in the said organisation. I came to understand that they were into Network Marketing of health products. What a fraud! 

Come to think of it, who is that ‘referral’ that they said  nominated? Why did the person not deem it necessary to inform me if the job is worthwhile?

I would have regretted moving all the way from Nsukka to Enugu to attend a 9am seminar construed as interview. I would have regretted wasting my hard earned money on Transport Fare to attend such a deceptive job interview.

This was how I was tricked by a friend while I was still serving my father land via NYSC Scheme to attend this kind of nonsense job interview in Lagos. I traveled all the way from Osun State to Lagos only to see hungry and tattered looking people doing presentations on what the company is all about. They started by administering test and afterwards, there was a presentation which was done to remind us that there was no job anywhere in the country, that their company is offering us an opportunity to work for ourselves and make enough money. The company was also into selling of health products, you were to go and make presentations in some selected clusters and sell products to them thereafter.

It is important to always make some research on companies before foolishly attending job interviews. And I recommend Nairaland for everyone who is in Nigeria. Nairaland is a forum where people share their ideas and experiences on anything. You can explore their wonderful platform from today.

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