Monday, November 21, 2016

MMM defies Nigerian parliament, EFCC and Central bank as it celebrates one year anniversary in style

In spite of the controversy and media clampdown orchestrated by the Central Bank of Nigeria and the Nigerian parliament, the money ponzi scheme popularly called MMM is waxing stronger as the promoters celebrated one year anniversary since the scheme started.

MMM Nigeria celebrated its one year anniversary in style by donating donated relief materials worth N5 million to two Internally Displaced Persons (IDPs) camps in the Federal Capital Territory (FCT).

According to a report by NAN, the gesture was part of the MMM Nigerian community’s humanitarian week tagged ‘MMM cares’ to mark its one year anniversary.
The Gwoza and Bama IDP Camp located in Durumi area and the New Kuchingoro IDP camp were the two beneficiaries of the relief materials.



Bags of rice, beans, garri, as well as cartoons of beverages and noodles, were some of the items donated by the group. The group also donated clothing, drugs, and educational materials for the pupils among them.

Mr Seyi Bello, a Guilder in the ‘MMM Community’ said the donation was motivated by the desire of the group to affect the society positively, especially the less-privileged.

“We are marking our first year anniversary and we have decided to come and celebrate it with our brothers, mothers and children in the camp.

“As a community, we do not only provide help to our members, we also extend that to the larger society as part of our social responsibility.

“In these times of economic challenges, the IDPs are the ones that need help and support more than any other person; that is why we visited them today,” he said.

Bello explained that besides providing help and donations to its members, humanitarian service was a flagship programme of the group.

He said that the relief items were bought from free-will donations of members in their quest to touch lives positively.

“The N5 million was raised from voluntary donations my members in the FCT.
“That is what defines us as a community of people providing financial help to each other on the principle of reciprocity and benevolence.

“In MMM there are no lenders and no debtors. One participant asks for help, another one helps.’’

Bello appealed to individuals, groups and corporate bodies to always remember the IDPs across Nigeria, since government alone would not be able to provide for them adequately.

“They are our brothers and sisters who have left the comfort of their homes and are now struggling for survival here.

“No matter how little, let us always extend a hand of help to them to complement what government and other donors are doing, “he urged.

Mr Enoch Yohanna, General Secretary of the IDP camp at New Kuchingoro, who received the items, expressed gratitude for the gesture which he described as `timely.’

“The Christmas season is very close; we thank MMM-Nigeria for bringing these items to us.

“We hope to share them satisfactorily among us for everybody to be happy and have a happy Christmas celebration,“ he said.

The visit to the IDPs camps was preceded by a two-hour environmental sanitation by members of the group on Nyanya/Mararaba route, a suburb of the FCT. Members of the group came out in their numbers to clear garbage from drainages and streets in the area.

The Central Bank of Nigeria (CBN) has persistently warned Nigerians against investing their money in MMM. CBN sees MMM as a fraud and not lacking in credibility. The organization has folded up in some countries
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