The Managing Director of the Nigeria Deposit Insurance Corporation, (NDIC), Umaru Ibrahim, has said the agency cannot do anything except to offer some prayers to the victims of the recently crashed Mavrodi Mundial Movement, (MMM).

The MMM which suspended its window in Nigeria last week due to what it called ‘heavy workload on the system’ is a scheme that “pay out current investors with new investors money.”

Ibrahim who spoke to Journalists over the weekend at the Workshop for Business Editors and Finance Correspondents in Kaduna said the Corporation will not relent in calling on Nigerians, sensitizing and enlightening them on the dangers of patronizing wonder banks.

He said beside the MMM case, there are some new cases of the emergence of the wonder banks in recent times in places like Enugu, Kaduna and Plateau states.

“For us, we already told Nigerians that MMM are not recognise, they are illegal, but some insisted that they are legal, all hands must be on deck to educate the public, today is MMM, tomorrow it could be YYY,”

Read more at http://www.dailytrust.com.ng/news/general/we-can-only-pray-for-mmm-victims-ndic/176484.html#uHjwZlSZF1IUzHAB.99

Lalasticlala abeg let us help them through prayers and supplications....

Pls wht should d prayer point look like

TB JOSHUA, MBAKA, ADEBOYE etc over to una o!

Nigerians are truely senselessly greedy, materialistic and vain!
Most Nigerians have very low IQ.
Most Nigerians are gullible & greedy thats why scam churches that preach materialism thrive.
Nobody wants to be patient and wait for God's time, this is why there are lots of miracle centers ripping off Lazy and little faith Nigerians.
This is also how and why we choose senseless and useless leaders during the polls. Cause we hardly ask questions nor resarch.
Hypocrisy is the middle name of the average Nigerian ... Why do you espect me to pity your condition now, when you never heed my warning before the account freeze? Were any of you my child, i would have flogged you mercilessly for a bitter lesson.
I have no pity for anyone caught up in all this cause most of them are still gearing up to dig deeper into their MMM misery and won't admit its a disastrous folly.
This also shows that most people who claim to have been charmed when scammed actually were driven on willy nilly by their 100carat greed, only to blame jazz after due to shame!

More loading .....
No hard feelings ... and no need quoting to sound nasty cause i'd ensure your ban.
Btw, i hate nitwits mentioning me, yes i said it, only nitwits won't see that MMM is undiluted evil scam.

Some MMM participants have refused to accept the fact that MMM is dead and the burial is on 12th January,2017.

MMM is Dead no amount of prayers can bring it back

MMM in "Capital Letter" Mavrodians be like " Edakun epp me"

nwakibe:
Some MMM participants have refused to accept the fact that MMM is dead and the burial is on 12th January,2017.

Burial Kwa? Lalasticlacla is it trrue?

Epic

grayht:
MMM in "Capital Letter"
Mavrodians be like " Edakun epp me"

badt guy

all hands must be on deck to educate the public, today is MMM, tomorrow it could be [YYY,”

Why are Goats naturally stuborn?
Btw zis man sabi yab

They should rather pray for the Nigerian economy!

Jobless people! Most of this govt people engage in the MMM of a thing and they denial on print media...

Thunder fire una ooo

See mumu coMments... Pray ko! Fast ni!

Honestly, my prayer is for it to crash now and not later.

It's a Ponzi scheme and just like every Ponzi scheme, the crash is inevitable.

The earlier it crashes, the better. Ponzi scheme is also a pyramid scheme, the more it grows the more people it gets in it's web. So praying for it not to crash now is stupid...

Warning to people, if it eventually comes back on next year, don't partake because they are only looking for more preys.

I will only laugh

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I DEDICATE THIS TO ALL MMM VICTIMS!!!!!






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Even Church sef follow for MMM

What is wrong with Nigeria leaders and incompetence? The other day it was Stella (Minister of Aviation) saying she can't understand the frequent plane crashes and we should pray to avert more. Really?? In a civilized world after parliament/HOA has passed a judgment to prosecute every MMM guiders, the Chuddy guy won't have celebrated his wedding as law would have been enforced on or before that day.
Go arrest the top and bottom MMM guiders and at least a few participants will have their money back. Stop this pray for everything when God has given to mankind brains to be Demi-God.

i dont think they need prayers.they said they were ready to face the consequences when they were advised...so,let them face it.

I cant waste/share my prayers for/with greedy and gullible people....i'd rather pray for the needy.they have mouth,let them use it.afterall,they didnt their the MMM profits with me

Pray ko,fast ni!!! Na deir prob be dat.

Wicked man! Wicked man! Bery Vicked

,

if only the faith/hope the MMM participants hv on the returning of MMM come Jan2017 will be converted to our hope/faith in the coming of our Lord Jesus Christ, it will do more good in our lives.
But to be frank, people that #StandWithMMM is greater than people that #StandWithBuhari. #lol

Pls what's the prayer point

Gradually, they are like telling us the scheme has crashed not suspended.


Chai!!! My 1,000,000 oh?


Who get rope make he help oh

Mumu post, people who don't do MMM needs prayer

Hmmmmm this is serious .......they should use this their time and energy to pray for Nigeria's economy instead of drinking panadol in another man's headache