Some Abuja residents on Thursday said that they have benefited immensely from the popular financial programme, MMM Nigeria Scheme, and have no intention of leaving the scheme anytime soon.
The Mavrodi Mondial Movement popularly known as MMM has gained popularity among Nigerians as the programme promises a monthly payment of 30 per cent interest on loans provided by participants.
This is against the backdrop of the House of Representatives order in November that operators of the scheme should be arrested to protect Nigerians from financial devastation.
The News Agency of Nigeria (NAN) reports that in spite of the order, MMM’s membership had continued to grow.
Some residents who spoke to NAN said that MMM was very beneficial to Nigerians.
Ebube osakwe, a civil servant told NAN that she doesn’t see the programme as a Ponzi scheme and believed it could help many Nigerians.
“When I heard about it, I was skeptical at first, but I decided to test the system by putting in N20,000 to see if I would get the money they claimed.
“To my surprise, a month later, I got my N20,000 with my 30 per cent interest and an extra bonus.
“I was amazed by the success so I put more money into the system and have benefitted from it.
“This programme has helped many Nigerians deal with this recession so I don’t see the wrong in it.”
Godwin Dickson, a mechanic said that the scheme had helped him with his finances, adding that it had assisted him immensely in paying his debts.
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