Latest Update On MMM Nigeria After It Reopens


On Friday morning,MMM Nigeria again 24 hours beforehand of its scheduled date, but seventy two hours later, its freeze on debts continues to be intact, TheCable can record.

After its move back on Friday, some MMM participants who spoke with TheCable stated that despite the fact that they were capable of request for their cash, had not been paid due to the fact the system nevertheless appears to be on a freeze.

Kolade Ogunwande, who stated he put in N100,000 in November 2016, and referred  exceptional people to the scheme, said his cash had favored to N214,000 as of Friday, so he right away request for it.

“they have got no longer paid me some thing, but they said we should be wait patiently to be matched with contributors inclined to spend money on MMM. I have no preference than to be constructive,” he informed the cable.

Kehinde Makanjuola, who also invested N100,000 inside the scheme, said she became awaiting N186,000, but she had not been able to request for her money.
She said each time she requested to get help, the internet site said “mavros aren't available for withdrawal”. “i was purported to accumulate my coins  days to even as bills were given frozen, however the individual i was matched with didn’t pay.” An Abuja-based couple, who requested now not to be named, invested over N2 million inside the scheme; they've additionally now not been capable of withdraw their money.
 As of Monday, while any participant seeks to withdraw, the internet site puts up a message that links them to its preceding freeze message, below: “As typical, inside the New 12 months season the system is experiencing heavy workload. furthermore, it has to address the ordinary frenzy provoked by the government inside the mass media.

“The things are however going well; the individuals sense calm; absolutely everyone receives paid – as you may see, there haven’t been any charge delays or different troubles but – however!.. it's far better to avoid taking risk.: (moreover, there are nearly three weeks left to the brand new twelve months).
“therefore, on the idea of the above said, to any extent
further all confirmed Mavro can be frozen for a month. The motive for this diploma is apparent. We want to save you any problems at some point of the contemporary 12 months season, and then, whilst  everything calms down, this degree may be cancelled.”
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