Kogi youths celebrate return of the MMM

MMM

Youths all around the Kogi state capital city of Lokoja on Saturday were at several beer parlours to celebrate the return of the controversial Mavrodi Mondial Movement (MMM), a Ponzi scheme that froze the accounts of 3 million Nigerian members in December, causing panic and anxiety.

The scam returned yesterday, a day before it’s initial comeback date of 14th January.

Most of the revellers were students of the state-owned polytechnic in Lokoja.

They expressed surprise about the comeback of the pyramid money investment scheme, that promises players 30 percent return, a day ahead of schedule.

Segun Ademola, a student, said he had invested over N300,000 in his MMM account.

He said he was glad to have the operation bounce back. He has a lot of high hopes, that he would reap his investment.

“I am the happiest person on earth today, God bless Mavrodi,” he said.

Fola Owobo, another student, said she used her school fees to provide help to some other person she did not know at all.

She said she was confused when the scheme was shut down on 13 December 2016.

She was relieved now that the MMM was back in operation.‎

Michael Olubola, another student said he has learnt a lesson. He said as soon as he collects his money, he would ‎never try providing help again.

He said he almost had hypertension in the last four weeks.

He urged his colleagues to shun free money and embrace hard work.

He said the free money promised by MMM almost caused him his life.

Yet another student, Wunmi Atte, said ‎she was convinced that the MMM was a fraud.

“Sooner or later it would fold up”, she said, as she wondered where the scheme gets the money it promises members

Comments

Houthis Claim Attack on Central Israel in Response to Gaza ‘Massacres’

The ongoing conflict between Israel and Hamas has taken a concerning regional turn as the Houthi rebels in Yemen claimed responsibility for an attack on central Israel. The group announced this as part of their escalating response to what they describe as "massacres" in Gaza amid the Israeli military’s operations in the strip. Details of the Attack The Houthis, a Shiite militant group with ties to Iran, declared that they launched missile and drone strikes targeting Israel. While the exact impact of these attacks remains unclear, reports suggest that Israel’s defense systems intercepted several threats over its airspace. This marks a significant escalation as the Houthis widen their involvement in the conflict beyond their typical operations within Yemen and neighboring Saudi Arabia. The Houthis’ Justification In their statement, the Houthis framed the attack as retaliation for Israel’s military actions in Gaza, which they characterized as indiscriminate bombings resultin...

Fire: UniJos Senate convenes emergency meeting on Monday

Fire at the University of Jos Library University of Jos is to convene an emergency senate meeting on Monday to review the level of damage done to the institution by the Saturday night inferno. The Vice Chancellor, Prof. Sebastian Maimako, disclosed this on Sunday after inspecting areas affected by the incident. The fire, which lasted for more than six hours, destroyed the Library Complex that equally houses the faculties of management and social sciences. The fire also destroyed examination scripts, books and very crucial materials. Consequently, the vice-chancellor said “the Senate will meet tomorrow (Monday) to take a decision about the unmarked examination scripts that were burnt.” On the cause of the inferno, Maimako said investigation had commenced, adding that “nothing has been confirmed yet. We are still investigating.” The vice chancellor said the school was already working with federal authorities toward establishing a main fire station since the mini fire station in t...

NDLEA arrests 252 suspects, seizes 3,073 kg Indian hemp

NDLEA operatives The NDLEA in Niger on Monday said that it had arrested 252 suspects and seized 3,073.9 kilogramme of Indian hemp(cannabis sativa) in the state. The NDLEA Commander in the state, Mr Joseph Iweajunwa, who disclosed this in Minna, said that the operations were carried out between January and September. “Our operations in Niger State from January to September 2016 led to the arrest of 252 suspects and seizure of 3,073.997 kilogramme of cannabis sativa,’’ he said. Iweajunwa said that within the period, the agency also seized 1, 530 litres of liquid drugs, especially cough syrup with codeine. He said the NDLEA also counselled and rehabilitated 90 drug addicts in the state within the period under review. The agency, he added, secured convictions of only nine of the suspects because the judge at the Federal High Court, Minna, went on leave. “ Now that the judge has resumed more suspects will be tried,’’ he said. He advised motorists, especially commercial vehicle dri...

Global Naija Info

Search This Blog