taovilla:
stop saying trash. If u don't have any idea of the program you keep shut. who told you MMM is scam. also did MMM collect any money from u to invest?. Did you think MMM is like HYIP the run away with people money. please go and read the story of Sergey mavrodi very well and stop posting nonsense you got from internet. I pray you will learn one day. nonsense.....

yeah definitely I have already learned and would also advise Nigerians to be careful, Buh the truth with is that we Nigerians would withdraw all we have and put into this scheme and when it falls like a pack of cards, many would pray for death.

Bros you don't know better than I do on mmm, wise financial investors don't randomly put their money in schemes without verifying the details. please as much as you are pledging and receiving help, please do the background check

kepstone:
Stop saying nonsense

hello, I didn't post that the mmm system is a scam, it's been working and I have been seeing people who make profits in it. Infact since the past few months I have seen countless people who earn from it. I have a guider who stays in the same compound with me, so I don't say what I say out of ignorance.

what I said in ma post is that mmm is a ponzi/pyramid scheme and at that is bound to fail whether the government bans it or not. the process is supported by New people supporting the profits made by older supporters.

For all those insisting on been part of it, let greed not overwhelm you. please know when you leave the system

It is obvious that many Nigerians(Nairalanders) are getting aware of this current Pyramid scheme trending in Nigeria called MMM Nigeria (http://www.) which promises 30% Return on Investment(ROI) after 30 days.

I called the business a Pyramid/Ponzi scheme, Yes I did, Why would drizzymadbet call it a Pyramid/Ponzi Scheme ? First let’s examine what a Ponzi/Pyramid scheme is one should be wary of MMM Nigeria

A Ponzi scheme (also a Ponzi game or a Ponzi) is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.

Initially the promoter will pay out high returns to attract more investors, and to lure current investors into putting in additional money. Other investors begin to participate, leading to a cascade effect. The "return" to the initial investors is paid out of the investments of new entrants, and not out of profits. Often the high returns encourage investors to leave their money in the scheme, with the result that the promoter does not have to pay out very much to investors; he simply has to send them statements showing how much they have earned. This maintains the deception that the scheme is an investment with high returns.

Unraveling of a Ponzi scheme

When a Ponzi scheme is not stopped by the authorities, it sooner or later falls apart for one of the following reasons.

1. The promoter vanishes, taking all the remaining investment money.

2. Since the scheme requires a continual stream of investments to fund higher returns, once investment slows down, the scheme collapses as the promoter starts having problems paying the promised returns (the higher the returns, the greater the risk of the Ponzi scheme collapsing). Such liquidity crises often trigger panics, as more people start asking for their money, similar to a bank run.

3. External market forces, such as a sharp decline in the economy (for example, the Madoff investment scandal during the market downturn of 2008), cause many investors to withdraw part or all of their funds.

Why do I drizzymadbet believe that MMM Nigeria is a pyramid/Ponzi scheme lets look at the following reasons.

1. The promise of a 30 % ROI is outrageous and not in terms with standard rates of investment (Example one makes a profit of 30,000 naira for every 100,000 naira invested in the system in 30 days , excluding additions that comes from referral, signing up and testimonial bonuses) No legal financial company can offer you that investment plan.

2. Such “Return on Investments” been paid to older clients are money received from new clients and the circle continues, the 30% is never made from company profits. That is why there is aggressive ad campaign from the company(MMM Nigeria) paying massive additional bonuses to recruiters that they call guiders to conduct seminars and deceive gullible Nigerians into joining the scheme to keep the system alive.

3. The CEO of the company (MMM Nigeria) Seigei Marvrodi is a convicted fraudster and had run similar fraud schemes in Russia where he defrauded investors over a hundred billion dollars (https://en.m.wikipedia.org/wiki/MMM_(Ponzi_Scheme_Company)

More details later...

Josphine4good:
I hate men I don't think I will get married to one

hello sis, I understand why, this decision didn't just pop out of the blues neither do stories like this make the situation better, Buh its the truth that not all men batter their wives, there are still good ones in the society.

Buh to an extent I don't feel pity for women in marriages like this, because most times they asked for it. There can't be anyway that during courtship or dating that characters and attributes like this wouldn't pop up, Buh the blindness of love or infatuation would make them believe that they can change him in marriage. Nah beliefs like that are null and void and are self deception

may sell, may that, may this. kai its been horrible living in this shit hole of a country.

We are living in a mess, real mess, we just pray we don't get consumed one day. Why would refineries be built in Nigeria when those refineries would have to source for their personal power to power their machinery.

babes are desperate, had an uncle that was tricked into marrying a lady that was 9 years older than he is. Babe was fresh and dope and ma uncle at 31 looked older than she is only to fins out few weeks to the wedding.

fortunately unfortunately he still went ahead with the wedding plan Buh am sure the marriage does reflect that perfect happiness that it should have because of being built in deceit.

Please for all intending would-be brides and grooms, shine your eyes, guys and babes are really desperate and would do anything even lieing for Africa to achieve that

while our nigga keep perambulating from one end of the earth to another while things spoil at home.

Emekamex:
This policy is counter productive. The reason for high inflation in Nigeria is basically due to very short supply of goods due to the forex prohibition and not from high circulation of money; retracting money from the economy will make people even more poorer and unable to buy goods which in turn will kill businesses, factories and establishments which relies on these people to sell their products.

this is what happens when you use local breeds to manage the economy. The current finance minister is a local breed (yes I said, you heard me right I said it) she is, how on earth would you give a state commissioner of finance a huge portfolio as this, not just any other day Buh this critical period in this nations history. That is why she and the clueless CBN gorvenor would be there experimenting with policies, no clear policy direction.

God I dunno how we had it this rough, Nigerians were in frying pan, now buhari and his gullible followers have plunged us into the furnace.

why not contact Ymodulus, had done similar business with him in the past and he is reliable.

90 percent of the problem is from the NFA, the beaurecracy in managing football activities in Nigeria in Nigeria is worry some.

How do u define losing a coach during qualification. and appointing a substansive one around that same time.

10 percent is the useless players we have. how do u expect Nigeria to play wonders when it only useless over hyped players that make up the squad.

this country is a mess, In everything

these are implications of not following laid down principles on starting a family.

the process advocates for marrying first and then manufacturing kids later, so all through the period of dating, for a good one year you never identified the kind of dude you were rolling with, abi the signs were there and you refused to acknowledge it.

Well you just have to move on and keep your heads high, don't force the man, do your responsibilities in the nearest future when you kid is all grown and responsible he would come running to claim his child.

that's an ugly truth and I dish it out where it hurts

Either for the love of money or for the love of country, in violent prone areas like portharcourt no right thinking person should allow himself to be used as ad hoc staff or collation officer cos if you die Na so your own take end.

A word is enough for the wise

Na the gullible idiots that would believe this trash, hahaha na force em force u contest.

Politicians are all the same, changing with changing times .

mymoneygrows:


Hahahaha. U are not serious o

bae am dead serious, try and get multiple streams of income and reduce family responsibilities commot your body before those people make you grow older than your real age, you know as a sweet sixteen, a look of a thirty five year old lady no go fit you. Adding adult spinsterhood to the already bad economy in addition to your responsibility of being the welfare director to your family and village relatives can push you into suicide.

Tufiakwa

SleekAboki:

This is preposterous! Is it when it gets to 500 naira before Ojota carnival is organised

hahaha you and I know the ojota carnival stuff was a politically motivated stuff organized by this present APC fools to garner public protest against the then government. Subsidy removal would have improved the lot of Nigerians today. The same Nigerias that refused to buy petrol then at 130 then now comfortably buy at 200 and above. I wonder who is the fool now

pinkiberry:
good for him. later these guys will come here and be shouting "men are polygamous in nature" may that kind husband no cross My lane ,on how he do am na knife I go use.

Babe as much as that is your prayer point, I want to believe that you don't use your spinsterhood to be straffing other peoples husband because karma chapter one verse one would come visiting when you get married, life Na give and take what you give Na wetin you get

SleekAboki:

Their sins have found them out. We now buy at 200 per liter.

I bought black market of 20 litres at 250 rate to fuel ma car as I couldn't stand pain of being hours in the queue.

mymoneygrows:



D guy don tire me. i no know why the prostrate cancer never kill am sef. My money no dey grow well o since dis juju buhari climb d throne because family and relatives hardship dey finish my money as him no want pay salaries.

Ehyah kinda understand, maybe you need to think outside the box to rake more revenue for yourself, as more responsibilities don dey suck the thing like tomorrow no dey. just like fertilizer is applied to plants when growth go stunted, apply business skills it might compliment what ever your doing now.

Buh commo you don marry born plenty pikin this one you dey carry your whole village responsibilities for your head, remember HI BP is real.

SleekAboki:
These mofos just dey bobo us. Where is that Tam David-West?

hahaha that guy has gone into oblivion of no coming back. Thought the man said that APC would make the pump price 40 naira if it wins.

These guys keep amazing me with their stupid lies.

mymoneygrows:


Make him even die for this nuclear journey sef

hello bae , take a chill pill a beg, he is your president remember ? he also got voted with your vote remember ? why then would you wish him dead ? remember he is someone's father, how would you feel looking into beautiful zahrahs eyes and see that face get rumbpled because of tears and pain.

besides I thought your money grows , abi the growth don dey stunted now. Chai no vex Na the change we want Na e we dey enjoy so, don't worry our presido go travel go speak jargon turenchi there wey oyibo will find it hard to understand and come back to naija feeling a champion.

Nigerians don enter be that oo

Malawian:

oga, you dont seem to understand how Abbbokkki thinks. they are content with having their money in the banks so that that they can look at their bank balance and satisfy their conscience that they are solvent, even if they continually eat tuwo shinkafi moring,afternoon, night. unlike an igbo man that would view the money as capital and reinvest it, or a yoruba man that would use it to do owambe - yet in a twist of irony, also stimulating the economy. these abokkkkki are inanimate and saturated.

hahaha you got me cracking on this one. it is the plain truth

yaki84:




thr is no subsidy at the moment. abi u no hear price modulation?
the policy of buhari is that of zimbabwe.
u know the two countries hv 1 thing in common, they r lead by ancient n brain dead men!
nnpc is doing a job of 10 people, how will they deliver?
why not share the job to other marketers that r reliable so they can also help them?
dont tell me there is no forex, whr is nnpc getting its own forex to import?
dont forget they r now responsible for the entire imports of fuel which is 40million litres a day to nigerians. n the fed govt thru cbn gives them facilities which is dollars at the official rate of 199naira per dolls to do their transactions but deny other marketers both the major n independent access to forex at the same official rate.
what nnp need do is partner with 3 or 4 major marketers to assist them cos the work load for them is much.
n someone will say buhari is not the one calling the shot at the petroleum industry, who would reason like dis if not buhari.

Bros calm down, this is what happens when one think he knows it all, now I believe and agree that the dullardino calls the shot in every ministry cos am sure kachukwu with all his exposure in the oil and gas industry cannot prefer this kind of idea

Seenyo:
I'm surprised that same pmb that openly wept with emphathy during campaigns suddenly don't give a damn about d plight of d masses!

that's is politics 101 that the smart dude was playing on gullible Nigerians, he was simply garnering public sympathy.

The dude doesn't give a hoot about you, me or any other Nigerian except the elite

ybalogs:
The way some people walk ehn, you'd think all they want is for this Government to fail. But why will you want your country to be in disarray just cos you want to prove you said so? We need to change our mindset to really move forward in this country.
God bless Nigeria.

idiot why don't the said government prove them wrong, what the people is telling em is to man up and fulfill at least 40% of the numerous promises. is that too much to ask for ?

MadCow1:
Wailers at Work



If solving Nigerias problems were so easy, PDP would have solved all of them over 16 years ago..





#iStandWithPresidentMuhammaduBuhari..

#FuckThelWailers.

Idiot no wonder you are a madcow1, your position is yours. No one us challenging that.

suffering and smiling, I know you still queue at dispensing stations to get products at astronomical prices. You stand with buhari while he cruises around the planet, while you are confined in your little lungu hussling to meet ends meet.

Bros leave politicians , all of em are crooks, only there for their gratification .

Quakertellicus1:


1.On fuel...it is obvious....subsidy has to go so that marketers would have the cash to import fuel. Sure...prices would be high...but they would fall (see the GSM experience).

2.On power.....let's be honest....it is going to take ten years to fully improve generation, and sort out the wretched transmission system that we have right now. Either way...we must increase power supply because it is key to getting us off oil permanently.

hey dude stop deceiving the public, for the record the low price of oil have gradually and systematically removed subsidy, there is nothing like subsidy again, the landing cost of petrol is about 70 something naira. So what it invariably means is that for every litre of fuel you purchase , you indirectly pay tax to the government. calculate about 7 naira by 40 million litres of fuel on an average consumed in this country and tell me how much you think this wicked government is earning daily.

in your second point I agree that it would take quite some time to sort the power problem, Buh you know where my problem with this government is ? is that they have maintained the status quo of what previous government did in the past, this ain't rocket science. unbundle the power ministry and let regions generate and distribute power within their regions and let's see who would allow saboutuers to disrupt power in their areas.

Any body who believes in the government is on a long thing. The president is as confused as ever, the only positives I guess is only on the fight on terrorism, that's only if it can be sustained

ideylaff:
Nigeria Nigeria Nigeria.

Africa Africa Africa

Always blaming the west and the white man since ages in time without looking inwards to look at the inbred problem themselves .

That's the sad part, you blame the west and at the same time 24/7 in their faces for a bail out, for loans, for technical expertise and knowledge for their education and to make things worse , you capital flight your own money to put in their economy.#Follisness raised to the highest bar.

Back to the economics of those shouting we need to export we need to grow Nigeria. Tell me if the parameters for export are set and ready,
No power , No Water, No Basic Infrastructure and we want to be what China is now overnight.

We need to look inwards and check ourselves before we start to blame the white man

If there is no gap in the wall or a crevice will the Lizard be able to crawl in.

The same people shouting grow Nigeria wake up in the morning, jump into a German made car, wear Italian made shoe, Swiss made Rolex, drink exported champagne at will, west manufactured gadgets and appliances and now throw the silky gauntlet of grow Nigeria to the man on the street to run with .

What a crying shame a country that has crude and it's become a curse more than a blessing.


Was the West involved when we ran our refineries down over the years Abi you see Oyinbo for The infrastructure run down on purpose over the years .

2nd base please.

comment with the perfect truth, we blame the west for everything, forgetting the fact that we gave them the fertile ground to deal with us. Don't the west do business in Arabian countries, do they try the shit they do here down there? they don't , they can't because their government don't tolerate bullshit, Buh here they can get away with anything and still remain relevant.

blackpanda:


Lol really??
Dasukin metuh and kanu will beg to differ. Take it from me, Fayose is going to end up in jail. Just be patient and watch.

I agree with you, Buh was that the reason he buhari was elected ? to fight perceived opposition ? this is not the change we expect. Things has not fared better and the truth be say buhari is a disgrace. Civil servants are now looting on a grand scale, no body dey fear the idiot now

SimonN:
the vulture that is mourning that the downpour is too much, should remember that the rainfall has just started. Evil musics starts with a nice tone but end painfully and the selfishness of its dancers does not allow them to listen to advice. My country Nigeria is turning into something unimaginable, propaganda everywhere. It is only in Nigeria that democracy is the government of the rich an d powerful, for the rich and by the rich. countries like somalia, iraq, and syria where once peaceful countries. "ISIS" is small compared to what i am seeing. Smart, intelligent and hardworking graduates are roaming the streets for greener pastures while the lazy, dull and disrespectful kids of our politician sit at home and get employed without interview or due process.
Payback time is near, the youths will fight back and when they do, no jupiter on earth will stop them The earlier we call a SPADE a SPADE, the better for all of us. It is only the little bird Nza, after a heavy meal will challenge its creator to a wrestling match. The hunter will soon turn the hunted. pls pardon my errors. God bless Nigeria.

Guy this is Nigeria, nothing of such can ever happen here, I swear

Dharniel:
could there have been any possibility that the president nephew was recruited without the president's consent

stupid reasoning , this is what happens when you are too gullible to the core. I just pity for that FCC guy cos his head would soon roll for not defending this blantant injustice metted against Nigerians.

Dude wake up from slumber, every Nigerian politicians in politics are just there for selfish interest, take it or leave it.

dude you are a plan b, take it or Leave it.