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Hotspec's Posts

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BusinessRe: Arrest MMM Promoters - House Of Reps To EFCC by hotspec(m): 7:07pm On Nov 09, 2016
Toks2008:
MMM and nairaland Frontpage are like ...
wey that pics sef
It's ur pick!!!

BusinessRe: Arrest MMM Promoters - House Of Reps To EFCC by hotspec(m): 7:05pm On Nov 09, 2016
chilet4cici:
At times I laugh when people say FG will shut down MMM as if mmm is one shop at ebutte-meta, oyingbo or Alaba market, as ...
Chill. It cost FG absolutely nothing to stop it. Once the Nigerian MMM website is shutdown, that is d end. Some countries have done that including Russia where it originated. Moreso, this kind of news is enough to scare off "potential investors" of MMM, thereby forcing it to die a natural death!
Foreign AffairsRe: BREAKING News!! Hillary Clinton Publicly Delivers Concession Speech by hotspec(m): 6:24pm On Nov 09, 2016
Another lesson for our do or die poliTHIEFcians
BusinessNigerian Parliament Orders Crackdown On Promoters Of ‘MMM’ Scheme- Premiumtimes by hotspec(op): 6:15pm On Nov 09, 2016
The House of Representatives, today Wednesday 9th November 2016, called on law enforcement agencies to track down promoters of a “questionable” investment scheme popularly known as ‘MMM.’
The lower chamber also mandated its committees on banking and currency and financial crimes to investigate the scheme.
The MMM is a deposit money scheme that promises a 30 per cent interest on investment per month.
Despite its popularity amongst Nigerians of all classes, critics maintain that the business is a Ponzi scheme because its operators use money from earlier investors to pay later investors.
Those behind the venture are not known to the Nigerian regulatory agencies, including the Central Bank and the Nigerian Deposit Insurance Corporation.
The business is also said not to have been registered with the Corporate Affairs Commission, making it difficult to identify its promoters.
Regulatory and anti-corruption agencies had earlier warned Nigerians against participating in the scheme.
But lawmakers said members of a syndicate who conduct seminars to train people on how to invest in the business should be arrested.

The development followed a motion of urgent national importance raised by Akinlade Fijabi from Oyo State, who described MMM as a ‘Rob Peter to Pay Paul Scheme’.
Mr. Fijabi said the operators of MMM are exploiting the economic situation of Nigerians that had left them desperate for income through any means without considering the implications.
Another lawmaker from Ondo State, Bode Ayorinde, said lawmakers should be concerned because they will likely be inundated with petitions if the scheme goes burst.
“When the business goes burst, it is the same House that people will flood with petitions,” Mr. Ayorinde said.
An Enugu lawmaker, Dennis Amadi, said the House should save Nigerians from themselves, because the collapse of MMM could make many commit suicide.
“The House will not wait until these crooks defraud Nigerians of billions of naira or until people start committing suicide,” Mr. Amadi said.
Speaker Yakubu Dogara ruled that the motion was adopted and urged the committee to expedite its investigation and report back to House within four weeks.

Source: www.premiumtimesng.com/news/headlines/214916-nigerian-parliament-orders-crackdown-promoters-mmm-scheme.html

AgricultureRe: Where Can I Get Egg Crates by hotspec(m): 2:09pm On Nov 09, 2016
NoToPile:
Please I need information on where I can get plastic or paper egg crates in large quantities, thank you.
check my profile and send me e-mail. I base in Osun and can supply u any quantity and specifications u need. Expecting ur mail..
Jokes EtcRe: Breaking!!! Wole Soyinka Tears Green Card On CNN! by hotspec(m): 1:57pm On Nov 09, 2016

CrimeRe: Yoruba And Eegun Clash In Ajah, Lagos As They Burn Houses by hotspec(m): 1:50pm On Nov 09, 2016
ikennaf1:
Wild wild west.
Effects of Buhari induced suffering.

CrimeRe: Yoruba And Eegun Clash In Ajah, Lagos As They Burn Houses by hotspec(m): 1:47pm On Nov 09, 2016
Nonsense. Why would they be destroying their properties and lives in time like this?
EventsRe: Uganda Lady's Shoes At Her Wedding Got People Talking (photo) by hotspec(m): 1:44pm On Nov 09, 2016
End time shoe, end time wedding gown, End time Uganda
SportsRe: WWE Smackdown Live 11/8/2016 Highlights - WWE Smackdown 8th November 2016 by hotspec(m): 1:44pm On Nov 09, 2016
keep it rolling
CelebritiesRe: Funke Akindele Arrives Heathrow Airport In Grand Style by hotspec(m): 1:52pm On Nov 06, 2016
thunderbabs:
Now, you a funny yeyebrity. I need to snap you and put you on the frontpage of NL as our first celebrated yeyebrity.....haaaahaaa grin
My yeyebrity follower, happy sunday
PoliticsRe: Lt Col Mohammad Abu-ali's Body Transported To Base, See Wife And Kid Too (pic) by hotspec(m): 1:50pm On Nov 06, 2016
Its better u maintain ur silence rather than vomiting tribalistic comment. U can reply and insult me. What makes u better than them
EventsRe: Photos From Bisi Alimi's Gay Wedding by hotspec(m): 8:10am On Nov 06, 2016
SalomonKane:
That's if there is a Hell.
How did u know if there is no hell?
CrimeRe: Graphics Photos:a Mother And Her Baby Burnt By Kerosene Explosion by hotspec(m): 7:57am On Nov 06, 2016
May God b with d family and heal d baby.
CelebritiesRe: Funke Akindele Arrives Heathrow Airport In Grand Style by hotspec(m): 7:23pm On Nov 04, 2016
thunderbabs:
Now, you a funny yeyebrity. I need to snap you and put you on the frontpage of NL as our first celebrated yeyebrity.....haaaahaaa grin
u can see dt im a celebrity. Even u, ure now following me on NL. As u can see, im becoming more popular
CrimeRe: Machine Thieves Caught In Imo, Stripped & Beaten To Coma - Graphic PICS by hotspec(m): 7:45pm On Nov 03, 2016
end of d wicked
CrimeRe: Tragedy As Notorious R3pists Machete Landlady And Her Children To Coma In Ikorod by hotspec(m): 7:05pm On Nov 03, 2016
ArabMopol:
I'm not surprise afonjas are turning to something else... this ppl has the loosest waist.... Tufiakwa
What a shallow way of reasoning !!!
CrimeRe: Tragedy As Notorious R3pists Machete Landlady And Her Children To Coma In Ikorod by hotspec(m): 7:01pm On Nov 03, 2016
Keep wondering when ds culprits would be brought to justice. It happens almost any other day, and seems our security operatives are folding their arms.
PoliticsRe: EFCC Witness Fingers Goodluck Jonathan In N400million Disbursement by hotspec(m): 6:38pm On Nov 03, 2016
GEJ: d last man standing
PoliticsRe: Ex Customs Director General, Dikko, Returns N1bn Cash To The Federal Government by hotspec(m): 6:36pm On Nov 03, 2016
I dont bilif it
NYSCRe: Corper To Travel From Ibadan To Makurdi On Bicycle As He Passes Out (Pics) by hotspec(m): 6:17pm On Nov 03, 2016
HIS VILLAGE PEOPLE AT WORK. I wish u safe journey and Dangote trailers free road. Mind u, by d time u will embark on dt deadly and dangerous adventure, u would no longer be a corp member.
CelebritiesRe: Funke Akindele Arrives Heathrow Airport In Grand Style by hotspec(m): 3:12pm On Nov 03, 2016
thunderbabs:
Lol....you no even be local celeb for ur village...Celebs will always get attention anytime, anyday even if they fart
u mean Yeyebrity? Im a local champion in my village o. Dont try me. Im very popular in my village because im d 1st person to ever visit Lagos in my village....hahahaha
SportsRe: Rohr Replaces Injured Carl Ikeme With Daniel Akpeyi by hotspec(m): 2:39pm On Nov 03, 2016
is Super Eagle still playing ball?
BusinessRe: Checkout Nigerian Currency From Past To Present. by hotspec(m): 12:36pm On Nov 03, 2016
dayleke:
I bet you somebody is gonna quote all of that now to write something....
LOL.....
Prophet check dt saintneo below u. He just did what u predicted... wasting precious e-space
PoliticsRe: We Won’t Shift Ondo Governorship Election - INEC by hotspec(m): 12:17pm On Nov 03, 2016
INEC is a definition of corruption is in Nigeria
PoliticsRe: We Won’t Shift Ondo Governorship Election - INEC by hotspec(m): 12:14pm On Nov 03, 2016
INEC is what corruption is in NIgeria
FamilyRe: Zimbabwean Man Forces Wife To Sleep With Stranger For $3000 by hotspec(m): 11:48am On Nov 03, 2016
Hammefeez:
Funny but true IN NIGERIA President -North. Senate President -North Speaker House of Reps - North. SGF -North * Chief of Staff - North. Head of Service - North. INEC Chairman - North. Chief Justice of federation - North. President Court of Appeal - North. EFCC Chairman - North. President Federal high court - North. National Security Adviser - North. Chief of Army Staff - North. Chief of Air Staff - North. Controller, Customs Service - North. Defence Minister-North. MD Port Authority- North. MD NDIC - North Controller Prison Services - North. *Controller of Immigration -North. *Controller of Fire Service North. *Highest looter North. Richest man in Africa - North. 85% of Petroleum Marketers in Nigeria - Northerners. 80% of Oil Block Owners in Nigeria - Northerners. 99% of beggars in Nigeria - Northerners Boko Haram - North. *90% of Nigeria past president/Head of state -North. Yet, the Poorest states in Nigeria and Educationally backward areas in Nigeria are in the North. Now, ask yourself, what is the problem of the Northerners? Keep forwarding till it get to all their leaders may be they will have to re-think and stop being selfish..... CAN YOU IMAGINE? ?
Their problem is dt they dont embrace education
PoliticsRe: APC Will Ensure Buhari Recontests In 2019 – Oyegun by hotspec(m): 10:33am On Nov 03, 2016
I tot Buahri has approved ambassadorial nomination of Oyegun to Afghanistan. Nigeria should rather cease than for another 4 years of slave trade by APE E Sh..t
CrimeRe: Laila's Blog Reader Allegedly 'scammed' By MMM Cries Out by hotspec(m): 8:01am On Nov 03, 2016
MMM = Mumu and Maga Money!!! Una never see anything. Google MMM with that phone in ur hand and read their background history, what u will see will surprise u.
CelebritiesRe: Funke Akindele Arrives Heathrow Airport In Grand Style by hotspec(m):
Meaning? How does ds qualify as a news? Ok, i also arrived at my village today...is dt a news?
RomanceRe: Is It Ok For Ladies To Carry Condoms In Their Bags? by hotspec(m): 7:06am On Nov 03, 2016
greggng:
What does my dad got to do with this? I don't ve respect for any man that rapes a woman. Don't you think such a person is an animal? Or re you in that line of business?
Relax. This is simple LOGIC if u know what dt means. You said:
A= "All men are animal"
B= Your DAD is a man
Therefore...
C= Your DAD is an ani...al

And I asked, which breed is him?
That is a simple Logic.
Next time, think deeply bf u make such general and unproven statement

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