₦airaland Forum

MMM has over 10 safety nets which will never make it crash. And you Never notice But I will mention 10 out of them.

*1, Pause mode*

This process is applied when the numbers of the people getting help is greater than the people help. The system will pause the GH transactions and allow more PH to come into the system for the duration of 2 and half months, then the system will now restart.

PH means provide help and the GH means get help

*2, 14 days defrost*

The participants will not be able to withdraw their money until after 14 days when the payments have been confirmed. During this process, more PH would have come into the system therefore there would be pool of cash to pay the old participants.

Rightly put, there will come a time when there will be more Paul than Peter hence, the need to chill for more unsuspecting Peters to join in other to be robbed for Paul's sake, brilliant huh!!

*3, Extension of GH hours*

this occur when there is a public holidays when the banks are not working therefore,  there won't be transaction and it may cause the problem to the system. The system will now extend the hours of the people who are getting help at that period to allow more People providing help into the system.

*4, Help seeking from neighboring country*

When there are more GH than PH in a country, MMM will look into the other countries which are doing well and match them together, pending the time that the affected country will be OK.

This must be a joke right? where do you think you are? New world order with one global currency?
Let us presume you are not joking, if your money leaves Nigeria to fund a venture in war torn syria, Libya or Sudan, your risk level has just tripled, even a child knows that. How can you call that a safety net?

*6, No central account attached*

MMM  does not have a certain account that we are sending to. MMM doesn't collect your money.

*7, Peer to peer system*

Participants pay directly to the bank account of the other participants seeking help

*8, Guider's efforts*

Guiders are the heartbeat of MMM, guiders make sure each and everyone in MMM understand the Ideology of MMM and how it works

*10, Website upgrades and security*

MMM spends million of dollars in taking care of their website to curb online fraud in MMM, such as scam and other Threats.

Nkem4040:
It wasn't a grenade launcher per se, but the Biafrran military re-engineered the ogbunike into an unknown technology that they refused to disclose till this day. It was done in such a way that the damage will ignite a chain reaction and evidently catastrophic. Yes the guy you replied is right in the casualty, though I think it was more. It was the most deadly military loss ever encountered by the Nigerian military. I mean thousands of Nigerian military personnel and hundreds of armoured vehicles entering Abagana in a convoy in excess of 50km stretch were incinerated, and most died instantly. How Muritila Mohammad and his crew escaped, remains a mystery. This attack was led by Hannibal of Biafrra General Joe Achuzia in an operation code-named HEROSHIMA.

We don't lie here, we provide evidence; pictures or video. The video is on youtube...here is direct video excerpt of the event.
http://www.tubechop.com/watch/8295930

kettykin:
The ogbunigwe is my favourite of all biafran weapons, this weapon was used by an unknown major jonathan uchendu to wipe out the entire 2nd division of the nigerian army on march 31 1968, killing more than 5900 soldiers of the army leaving murtala mohammed and a few soldiers to narrowly escape after which murtala mohammed proceeded on a self imposed exile to Britain where he was a until the end of the war.

This weapon was purely a biafran invention and has no western world replica

ocelot2006:
Care to back up your claim that he gave militants the pipeline blueprints, or are you basically yapping as usual?

judondasylva:
"Their hate for President Goodluck Jonathan justifies the suffering in the land. Recession matters not. Hunger matters not. Loss of jobs matters not. Polio matters not. Making a mess of the naira matters not. Fulani herdsmen matter not. High cost of foodstuffs matters not. Chibok matters not. We have men consumed by their hate for Jonathan and it matters not if Nigeria burns" – Prince Henry Nwazuruahu Shield, Facebook, August 11, 2016.
How right Prince Shield is. His contribution is not only courageous but also insightful and profound. The Buharists and the "lying liars" are blinded by their hate for Jonathan and for those of us that have chosen to stand by him.
It is so bad that if their wives were made pregnant by another man they would say that it was Jonathan that was responsible. Yet their record of governance is clear and there for all to see.
In one year and two months of President Buhari and his APC's "Mai Chanji", Nigeria has become a very different place to what it was before. Our nation has, so to speak, really been ''transformed".
A few examples will suffice. One year two months ago, we were the largest producer of oil in Africa but thanks to "Mai Chanji", that is no longer the case. One year and two months ago, we were the number one destination for foreign investment in Africa but thanks to "Mai Chanji", that is no longer the case. One year and two months ago, we were the largest economy in Africa but thanks to "Mai Chanji", that is no longer the case. Sadly it gets worse.
In the space of one year and two months, the naira has depreciated from N160 Naira to $1 United States Dollar (USD) to N410 Naira to $1 USD.
If there is no change in fiscal and monetary policy anytime soon, there is a consensus amongst economic and fiscal experts that by Christmas the Naira would have depreciated to, at best, N500 Naira to $1 USD.
One year and two months ago, Nigerians could buy a bag of rice for N8000 but today, they are paying N20,000 naira for that same bag of rice.
As Pastor Reno Omokri, a former aide to President Jonathan said, if the minimum wage is N18,000 naira, where are the people meant to get the money to buy rice and other basic food commodities for their families?
In one year and two months graduate and non-graduate unemployment has soared, banks and companies are retrenching, manufacturers are closing their factories and plants, industries are collapsing, farmers are complaining and businessmen and traders are crying. That is "Mai Chanji" for you. Yet it gets worse.
One year and two months ago, we were generating 5000 megawatts of power for the electrical grid but today, we are generating less than 2000 megawatts.
Again, one year and two months ago, we were making large sums of money from the export of our crude oil but today, oil production has been reduced by one third and we we are importing crude oil and refined products from the neighbouring nations of Niger and the Republic of Chad.
One year and two months ago, the Nigerian Stock Exchange was recovering and on the rise and our banking sector was flourishing and liquid. Today, the Stock Exchange has lost 1.6 trillion naira in the last 14 months and our banks have become nothing but weak and barren money-lender stalls and pawn shops. That is "Mai Chanji" for you.
In one year and two months, our Air Force, once the pride of Afrcan skies, has been reduced to nothing but a cow and sheep recovery agency. In one year and two months, our army, once one of the most professional, feared, disciplined and respected in Africa, has been turned into a civilian-killing machine which, on several occasions, has been unleashed on the very people that they are paid to be protecting.
Just to give one example, earlier this year, they slaughtered over 1000 innocent Shiite Muslims in the streets of Zaria simply because they blocked a road; they worship God in a different manner to others and they are not Sunni Muslims. That is real "Mai Chanji" for you.
Again, it doesn't stop there. In one year and two months, Boko Haram has redefined itself, resurrected from the dead and acquired new, more dangerous and more sophisticated leaders and weapons. They have also established two equally ruthless factions and come back bigger, stronger and more deadly than ever before. Gosh, don't you just love "Mai Chanji"?
In one year and two months, well-armed government-sponsored and government-protected Fulani militias, who pose as herdsmen, are raping and killing innocent and defenceless Nigerians in the farms and towns of the Middle Belt and the South.
In one year and two months, the majority of Nigerians have been cowered into silence out of fear of persecution and trepidation of being locked up indefinately by Buhari's gestapo. That is "Mai Chanji" for you.
In one year and two months, we have been turned from a democracy where the freedom of speech once reigned and where the criticism of the president and the government was welcome and even encouraged, into a totalitarian police state where the press is muzzled, judges are muscled and legislators are threatened and docked.
One year and two months ago, judges were reverred, court orders were honoured and respected in the land and the rule of law prevailed. Today court orders are violated and treated with contempt and impunity; the rule of law has been reduced to an inconsequential and empty mantra and members of the Judiciary are threatened with criminal investigation, media trials and public witchunts, infantile probes and baseless criminal prosecutions if they do not play ball and do the bidding of the security agencies and the executive. That is real "Mai Chanji" for you.
One year and two months ago, Nigeria had a cerebal, world-class and outstanding Minister of Finance and a flourishing economy, but today we have a cockney-accented, hackney-eyed Minister of Finance, who is not only struggling but who is also clearly out of her depth and our economy is "officially in recession".
One year and two months ago, President Goodluck Jonathan, his government and indeed the people of Nigeria were desperately looking for the Chibok girls and the Obi Ezekwesili and Hadiza Usman-led 'Bring Back Our Girls' campaign was in full swing, marching, demonstrating and criticising the government every day for not finding them. Today, the Chibok girls have more or less been abandoned and forgotten. President Muhammadu Buhari appears to be indifferent to their plight, the search for them has ground to a halt and the 'Bring Back Our Girls' campaign has gone into a deep coma whilst some of its leaders have been pacified and settled with juicy political appointments. That is "Mai Chanji" for you.
Up until one year and two months ago, a great and illustrious son of Nigeria and a man who was a great source of pride to African football by the name of Stephen Keshi was honoured and celebrated by his president and government on behalf of the people of Nigeria. Yet one year and two months later when he passed on and when his family needed all the comfort and support that they could get, our "Mai Chanji" President and government did not give him a state burial, did not participate in his funeral and did not see it fit to honour him in death. That is how encouraging and supportive "Mai Chanji" is.
Four years ago, our sportsmen and women went to the London Olympics with their heads held up high and with all the kit and resources that they needed but today, our sportsmen and women at the Rio Olympics have been begging foreigners and Nigerians alike on the Internet for transportion, food, clothes and their allowances. That is " Mai Chanji" for you. Mynd44 and lalasticlala food is ready.

http://odili.net/news/source/2016/aug/16/513.html

12Monkeys:
Fertiliser subsidy scraped

Seedling distribution scraped

Livestock feeds skyrocketed due to increase in import duties and weakening naira. This is why eggs are now more expensive than a year ago.

Fulani herdsmen displacing farmers in Benue, Nassarawa, Taraba and Adamawa which has led to a drop in yam yields. A situation buhari continues to play the ostrich on

Beans cultivation from the NE state of Borno virtually non existing due to Buhari's bokos
Or do you think the 3million people in Borno ,Adamawa and Yobe facing starvation are voluntarily starving themselves?

This is just the beginning.

Your 7yr famine has just started.

vislabraye:
When he wanted to save, didnt the Apc governors sue him ? Had it been they haf cooperated with him to save, by now Nigeria would have had a few 100s of billions of dollars in reserve.

macof:
I blame both

buhari for carrying more about power, power that he is not qualified to hold, power he is not competent to hold, power he is not accountable to hold

and Jonathan for being such a weakling, and letting the rants of desperate opposition get to him

LoveMachine:
I see you have an abundance of pessimism and understandably so. I choose to lean towards a brighter future. Our country is abnormally wealthy in terms of resources. I say opulence because Nigerians are known world over for being big spenders and yet we have such an alarming level of poverty.

When I say the people should be living better I'm speaking about every region not only the Niger Delta. From the slums of Makoko to the mud huts of Katsina. We have too many resources that are being siphoned and squandered by a few. Host communities should always be reimbursed. Even in Niger state where the children die from lead poisoning in the water from gold exploration. I'm for the compensation all.

Chigold101:
u may be right, but they have been silent since 2010 until recently.
On the other hand, i thought Tompolo was a MEND.

APCHaram:
This is what Buhari hopes to do quickly and without scrutiny with his emergency powers



jpphilips, what you will see in the clear daylight, I have already seen before you were born.

mumu

macof:
sure Jonathan had his many flaws but seriously?! you talk about morality? speak of buhari who lost an election and doomed hundreds to death in 2011... he was also Willing to kill hundreds more if he didn't win in 2015
is that your model moral man?

Adaure4ever:
AFRICA IS IN REVOLT. From East to West, from North to South, the peoples of this great Continent are arising to claim their birthright that has been stolen.
The imperialist Powers and the White minorities are being forced to give up the land and the natural resources. Africans are uniting in powerful national liberation movements and trade unions.
....
The imperialists are trying to prolong their rule.
They send soldiers to shoot down the people.
They try to bribe the people's leaders. When that does not work they arrest and deport them on framed-up charges. They invent faked 'treason' charges and 'massacre' plots. They promise half independence, or self-government on the instalment plan.

....

These methods cannot succeed. Africa is on the march for freedom, her people are awake, and nothing can stop them from reaching their goal: government of Africa by Africans for Africans. The imperialist powers must quit Africa. The White minorities must accept the condition of equality and give up their ill-gotten privileges.
....
What shape will the new Africa take? Will it be capitalist, like Western Europe and America? Or socialist, like Eastern Europe, the Soviet Union and China ? That is something the peoples of this Continent will have to answer for themselves.
It is a big question.
....
Let us look at the two systems.
TWO SYSTEMS
We know capitalism in Africa. We have seen it and suffered under it.
Under capitalism, the land, the natural resources and the industries, built up by the hands of the workers, belong to private owners or companies. Each owner is producing not for the public good but for his private profit. He pays as little wages as he can and wants to take as much as possible for himself.
Take a capitalist who is making shoes in a factory. He is not worried about the people who are barefoot.
He wants to make a lot of money and get rich.
All the profit he makes comes out of the exploitation of the workers, for all value comes from labour. Capitalism means the exploitation of man by man.
.....
Socialism is different. All the means of production - the land, the mines, factories and so on - belong to the Government as a whole.
Production is planned. The aim is to see that everyone gets good food to eat, clothes to wear, houses to live in.
The aim of production and of society, is to see that people are happy and comfortable, that they are highly educated and cultured.
The worker knows that no capitalist profits from his labour.
Government Own All Industries, Companies and Services in the country.
Example, All phones that will be used in Nigeria will be produced by a govt. Phone industry in Abuja.. Nothing like a foreign phone companies like Tecno or Samsung etc.
The country goes ahead quickly because development is properly planned. Socialism means the abolition of exploitation.
....
Experience has proved that socialism is the most suitable method of quickly developing countries which are economically backward.
.....
In ten short years, socialism and Communist leadership have transformed China from a land of terrible backwardness, illiteracy and poverty, to a land of flourishing industry and agriculture, of advanced education and progress.
India and China won freedom from imperialist rule at about the same time. But India chose the capitalist road; China the socialist road. Today China has far outstripped India in economic progress.
....
WHY THE WESTERN IMPERIALISTS HATE SOCIALISM IN AFRICA.
If Africa kicks out Capitalism and embrace socialism.
1. There will be a fast rise in Local made products by Govt. Industries.
2. Multinationals who are with imperalist mission will be kicked out.
3. Diversification of Economy is a Sure Certainty in Socialism.
4. The gap between the Rich and the Poor will be Drawn close.
5. Importation of many foreign products will stop.
6. Value of Currency will be strong.
7. Employment opportunities will skyrocket.
I can go on and on.
Africa countries like Nigeria, Kenya, Ghana etc should give Socialism a chance.
- Adaure4ever.

emmalezy:
In a recent statement, former president Jonathan said he handed over the best Nigerian government, and the largest economy in Africa to president Buhari. Read other things he said after the cut...

“I took over a Nigeria that was the second largest economy in Africa with a GDP of $270.5 billion in 2009, I handed over a Nigeria that had grown to become the largest economy in Africa and the 24th largest economy in the World, with a GDP of $574 billion.

I inherited a Nigeria in which the trains were not working, and handed over a Nigeria in which citizens can safely travel by trains again.

I inherited a Nigeria that was a net importer of cement, and handed over a Nigeria that is a net exporter of cement.

In 2009, the richest Nigerian was the 5th richest man in Africa, but I handed over a Nigeria that produced the richest man in Africa.

The former President stated that democracy will continue to grow in the African continent if leaders value the process of elections more than the product of the process.

Even in the 2015 general elections in my country, Nigeria, there was potential for major crisis if I was not a President duly elected by the will of the people.

The campaigns leading to the elections almost polarized the country into Christian vs Muslims and North vs South divide. Most World leaders were worried that our elections will result into major crisis.

Some pundits even from here in the United States said that those elections would spell the end of Nigeria and that we would cease to exist as a nation because of the polls.

That is where the leadership question comes into play. As a leader that was duly elected by the people, I considered the people’s interest first.

How do I manage my people to avoid killings and destruction of properties?

With the interest of the people propelling all the decisions I took, we were able to sail through.

Indeed, we sail through because I refused to interfere with the independence of the Independent National Electoral Commission, INEC, having appointed a man I had never met in my life to run it.
My philosophy was simple. For elections to be credible, I as a leader, must value the process more than the product of the process. And the citizens must have confidence in the electoral body”.

source
http://www.reportnaija.com/2016/08/i-handed-over-best-nigerian-government.html

cc lalasticlala

explorer250:
see them na the cones wrecked our economy finish.

Was it not awolowo that suggested the indigenization decree to gowon after the war so as to taunt igbos and remove igbos economic influence in the country seeing that we cant purchase any company with 20 pounds? THE CONES CANT MANAGE ANYTHING. COMPARE JONATHANS ECONOMY RAN BY IGBOS AND BUHARIS ECONOMY RAN BY THE CONES AND SPOT THE DIFFERENCE!

THE CONES CANNEVER BE A WORTHY REPLACEMENT TO THE ECONOMIC PROWESS OF IGBOS. SO BUBU BE WISE AND DO THE NEEDFUL?

Chigold101:
These MEND guys understood that the easiest way to get into Buhari‘s heart is to accuse Jonathan and PDP.

MEND: it is clear to anyone that sees that these guys are out to get back at PDP.

We all know that PDP led government under GEJ silenced them by jailing their leaders Oka brothers (one in south african jail another in abuja prison).

MEND because of that has become an arm of APC/BUHARI government.

oyinkinola:
I disagree, 1. since Nigeria own her money after pound, Central bank introduce Notes and Coins and till today coins are still in circulation according to CBN but where are they in your pocket?(coins 50kobo, N1, N2)means 2.50+2.50=N5,2+2+1=N5,5+1=N6,5+2=N7,5+1+2=N8,2+2+5=N9 with this any amount you bring to market you will have your change back without cheating, that's the best transaction! this is the reason why CBN keep this Coins till-date to ease transaction not just an arrangement between sellers and buyers! but Nigerian killed them,this put pressure on N5 and don't be surprise to see N5 died soon! and inflation will be blamed.

LoveMachine:
First off, I wanna say I love your signature.

Secondly, I ask why can't we be the first place of peace? Why can't we set the trend?

I'm not suggesting some imaginary utopia but rather an environment of equity and without marginalized people. Disagreements are expected because we are just imperfect people but we can do better.

I just want my people to live better lives. The amount of suffering in the midst of oppulance is startling. Our country is too rich for the people to be so impoverished.

darkhorizon:
@jpphilips you are so full of shiit!!!

labamo07:
I see your curiosity as sheer stupidity. How does selling off the properties help revamp the current situation, like they privatised during OBJ era? what happened to the recovered funds from your uncles' loot, what happened to the saved funds from TSA, what about the saved one from oil subsidy? Because I don't understand why you woke up from your bad dream to jump at me, mr intelligible man with high IQ..........................

magicminister:
Why does the CBN sell forex to the parallel market but refuse to sell to banks?

Why is subsidy payments made in dollar - Which runs in Billions, estacode paid in dollars and government travels/itinerary made in dollars but a Nigerian student schooling abroad cannot access dollars for their use?

How the cbn is stopping essential needs category from accessing the much needed forex?

I really do not understand the cbn policies and how it will protect Nigerian Naira but the effect is really biting hard on my business.
My sibling got dropped from his registered courses cos he wasn't able to meet up with the required payment before the deadline.

I tried to send some funds to him today through western union but they refused to do it cos the cbn ordered them to stop!!


My knowledgeable people, i wish to be educated cos i am about to go coo.

My business has suffered greatly in ways you can't imagine!

labamo07:
Wait!!! did I just read lease or sell government properties to raise funds. Some bleeping dudes' pocket is about to be enriched again............

LoveMachine:
You've missed my point because you want to argue. Militancy and aggression from the armed forces is futile. Physical confrontation is only a lasting resolution if genocide is the goal. Any survivors will have animosity.

What needs to occur is legit development and honest negotiations.

I'm not talking about Dasukigate. Im talking about the Niger Delta that feeds the national coffers and yet suffers. I'm talking about the people who have crude in their streams but no PMS at their pumps. If they even have gas stations.

A people who have been pushed to the wall will behave in ways that the next man could never fathom. I'm praying for peace because they are not playing any games in the creeks. People come online and spout off jokes as if these guys haven't already dented our yearly revenue. It can get downright tragic if they so choose. Diplomacy is the best way forward for all.

Gov't must set pride aside and make it right. All the tough talk is useless.

codemaniacs:
its only a matter of time before they turn lagos to syria.... teenubu should have rejected any offer to build refinery in lagos, he should have told the fola guy to keep quiet... honestly, the security situation of lagos in the coming years may end up been very bad.

they have already practiced in Ikorodu.... the SW needs to be watchful and protective, cos the f:ulani 9ja army will obey the colonial masters..

shadeyinka:
What does the following countries export?
USA
Japan
China
UK
Germany

Does any one of the export raw materials?

orunto27:
Denomination Weapon is the Singular most Powerful Instrument of a CBN Governor to control Inflation. Soludo understood this and had free hand under OBJ to use it. Lamido confused it and Emefiele is too wavery and ambiguous to fathom. PMB is surrounded by nonchallant sycophants and he himself doesn't care about Democracy. Once the Forex Inflow, that is, money from oil into the Foregn Reserves or the CBN; money from sales of all exports of Goods and forex and commissions earned from services rendered with and without the Country are known and controlled by CBN, INFLATION AND DIVERSIFICATION will be controllable by CBN. So let all forex go into our foreign reserves and DMBs and the DMBs make regular returns weekly to CBN. Let BDCs source all Forex from DMBs at the official rate and sell to end-users at not more than 2% commission already allowed them by CBN.