University Students Open Up: We put our school fees, project money in MMM

University Students Open Up: We put our school fees, project money in MMM

Nigerians don't listen to spare money talk... especially after some have made cash in MMM. People were putting in everything they had, some even borrowed. Anyway, hope for the best.

Here's what some Nigerian university students told Punch on their experience with MMM:

The amount I invested in the MMM scheme was N100,000. I was expecting my 30 per cent profit when I got the news that our accounts have been suspended. It was a bitter news. Being a student, the fund was raised to pay my school fees and to meet other basic needs. It is a great risk but many students enrolled in the scheme to make profit and to live a better life. If MMM crashes, I would accept it as my fate. I will have to look for other ways to source my school fees. There is nothing I can do. I will only learn from it and not engage in such a scheme again.

— Ozadhe Russell, Civil Engineering department, LAUTECH, Ogbomoso

A friend introduced me to participate in the MMM scheme. Being a lucrative one, I decided to benefit too, having heard of the success stories. I invested N40,000 in the scheme. The money is for my final year project and my feeding allowance. It will be very painful if MMM crashes. Considering my investment, it will be a big loss for me. My plan was to use the profits from the scheme to finance my final year project and to meet other needs. I am seriously praying that the suspension should be lifted so I can reclaim my funds.

— Faniyi Inumidun, Accounting department, AAUA

A friend in my department started talking about MMM excitedly. He said MMM was a new online business platform that credits you with 30 percent interest of your payment in 30 days. I said waoh! I never took interest in it until the need to tackle certain needs arose. 

On Tuesday when the news that the MMM had been suspended came in, I was expecting bank alert of roughly N500,000. I raised the fund to participate in the scheme from my pocket money. If the scheme crashes, it will be a big loss to me. Just last week, I lost to an online business called ‘coin fever,’ it all happened within minutes. I have always known that MMM would crash soon. If it crashes, it will hurt me but life goes on. I participated in the scheme despite the risks to upgrade my life and to beat the current economy recession. There are so many financial needs to meet up with such as paying my school fees, buying text books and other learning materials as well as other dues in the school.

— Chukwunyere Chimobi, Electrical Electronics, FUTO

The latest investment I made in MMM was N100,000, but in total, I invested over N250,000 in the scheme. I got money to invest in MMM from other businesses that I run as a student. I didn’t have any special plan for the money I would make from MMM. With the profit, I would upgrade my lifestyle and improve my life. I had always known that it would crash one day as it is not a sustainable scheme. But I always prayed that my money doesn’t get stuck when it eventually crashes. I will feel the impact of the loss if it crashes. MMM is not my only business. I do other things that fetch me money.

— Martin Mundus Unakwe, Electrical and Electronics Engineering, FUTO, Owerri

A friend of mine told me to join MMM when I told him I needed some money. I decided to try my luck with the money. When I saw many students making money, I joined the trend. I actually participated in the scheme because I needed to meet up with some basic school needs. For example, when I offered to provide “help” of N50,000, in the following month, I collected N75,000, with a gain of N25,000 without working or stressing myself. 

I basically invested in it because of the high return on investment. In this period of recession, it became a way out. I will say I belong to the lucky category of investors. I got all my money back last month before the accounts were frozen; I decided not to participate in it again because I was scared.
It is hard to believe that the money of other participants is going to be paid back. I hope and pray they lift the ban in January as they promised.

— Ifediora Sylvia, Federal Polytechnic, Bida, Niger State

Someone introduced me to MMM and he talked excitedly about it. I invested N30,000 in the MMM business. The money was what I made from a project I did for someone. Being a final year student, I am already preparing for graduation. I figured out that before my NYSC, there are things I could do if I have some cash. It will be painful if the scheme crashes Against an imminent crash, which I have been praying against, I will move on with life. This is because, from the outset, I understood the risk involved. Life is all about risk.

— Tunde Afuwape, Biochemistry, LAUTECH, Ogbomoso

Kanye West meets President-Elect Donald Trump today

Kanye West meets President-Elect Donald Trump today

Kanye was today at the Trump Tower for a meeting with US President-elect, Mr Donald Trump. The meeting lasted for about 15 minutes and both men came out smiling.

Trump told reporters that he and Kanye have been friends for a long time. Nice one!

Power Of Love: Crippled Groom Stands To Kiss His Bride

Power Of Love: Crippled Groom Stands To Kiss His Bride

And this so wonderful,  look at it clearly, this is so sweet. The groomsmen had to hold and and hold and hold on to the groom to give a firm standing while he kissed his pretty wife for an adorable photo. Wishing them happy married life!

I wish many women out there can simply appreciate their man for what they are.

MMM Saga: Young Man Drinks "Poison" After Investing His Wedding Money

MMM Saga: Young Man Drinks "Poison" After Investing His Wedding Money

This MMM thing is going to expose the level of poverty in Nigeria today. Many people are in some sort of financial mess, such that they can hardly survive without these schemes.

A soon-to-wed man identified as Adakole is currently between life and death after allegedly taking insecticide following the alleged crash of Ponzi scheme, MMM, today.

The incident happened in Otukpo, Benue State, after promoters and participants were thrown into confusion on Tuesday as the scheme said they are suspending operation.

Adakole, a native of Okpe in Okpokwu area of Benue State whose wedding is slated for December 28 had invested 300 thousand into the scheme last month and was expecting to get some interest to help finance his wedding.

An eyewitness told Daily Post that when the news broke out Tuesday morning, Adakole, who was introduced into the scheme by someone literally went mad.

“Kole is my childhood friend, we all grew up in Ugbokolo but when he traveled to Abuja to meet with the pastor of his fiancée, he said someone introduced him into the MMM thing but I and his babe warned him but he told us the scheme was not a scam.

“This early morning, he called me to check the internet if the story of the alleged crashed of the scheme was true, I told him so I heard and he screamed and hung up.

“When I heard him, I knew it was no longer funny, so I had to rush to his house around Sabon Gari to discover that he had taken Raid insecticide. I had to call the fiancée to inform her.

“I had to take him to the clinic where he is currently battling for his life. The babe is already on her way from Abuja,” he added.

Nigerian Scientists Find Cure for HIV/AIDS

Nigerian Scientists Find Cure for HIV/AIDS

As the world waits with bated breath for the outcome of the on-going clinical trial of HIV vaccine in South Africa, scientists in Nigeria appear to have hit the bull's eye in the search for the effective medical cure for HIV/AIDS.

A research team at the Michael Okpara University of Agriculture, Umudike (MOUAU), Abia State led by Prof Maduike Ezeibe has been able to prove that Medicinal Synthetic Aluminium-magnesium Silicate (MSAMS), which it developed, can cure HIV/AIDS.

The result of the clinical trial of the anti-retroviral efficacy of MSAMS in male and female HIV/AIDS patients was published in the British Journal of Medicine & Medical Research 18 (11):1-7, 2016; Article no BJMMR.29018.

It was also among the papers presented last Wednesday at the World Virology Conference 2016 held at Texas, U.S. Though Prof. Ezeibe could not attend the conference because of his inability to raise money for his flight tickets, the organisers insisted that he sent a video presentation, which was played and applauded at the conference.

Speaking with journalists at the weekend on the lukewarm attitude of Nigeria’s health authorities to his medical breakthrough, the professor of Veterinary Medicine said that since 2014 when he was issued with the national patent right (Ref. No. NG/P/2012/639, 2014) no further step had been taken to commercialise it or get the international patent right by Nigeria.

“We Africans lack confidence in ourselves,” he lamented, adding that the medicine that he had discovered to have anti-retroviral properties is an old medicine which had been in use.

“The only science we did is that we discovered that it has charges – negative and positive and since HIV has positive charges, the MSAMS use its negative charges to attract and destroy HIV,” he said.

He said that HIV/AIDS had remained incurable because of the small size of the virus and immune deficiency it causes hence any anti-retroviral medicine that could effectively tackle the problem must be smaller (nano-particles).

According to him, particles of HIV could be as small as 110nm which was why they easily crossed physiological barriers to ‘hide’ in cells of the brain, bone marrow and testes, which existing antiretroviral medicines with bigger molecules could not reach.

Prof. Ezeibe explained: “HIV destroys lymphocytes (immune cells that clear infections from organs that are inaccessible to medicines. So, nothing was known that could terminate its infections (and) for that the infection was said to be in ‘sanctuary’.”

The professor reasoned that since Aluminum-magnesium Silicate (AMS) molecular platelets (nanoparticles) are smaller (0.96nm) than HIV, the nanoparticles cross physiological barriers to act on all body cells.

“We are using medicine that is so small that wherever HIV goes it can get there, catch it and destroy it,” he assured.

The efficacy of Ezeibe’s synthetic medicine is already generating interest among medical doctors and those that were involved in the clinical trial have already joined his research team after using the drug to treat their patients with astonishing results.

It is now expected that the university authorities in Nigeria would take up the advocacy to recognise and commercialise this important breakthrough in medical science by a Nigerian.

Source: Reports Afrique

Photos of President Jammeh's Meeting With Buhari, Others

Photos of President Jammeh's Meeting With Buhari, Others

As you can see from the photo, President Yahya Jammeh has already decorated the president's office like his personal house, so it's not going to be easy for him to leave that place.

President Buhari of Nigeria said their meeting is making progress. More photos:

I have not earned a salary since I became governor of Osun state- Aregbesola says

I have not earned a salary since I became governor of Osun state- Aregbesola says

Governor of Osun State, Rauf Aregbesola, says he has not received any salary since he assumed office in 2010, six years ago. Aregbesola whose administration has been characterized with the non-payment of salaries, said this when he spoke at the launch of Oodua FM in Ile-Ife on Sunday Dec 11th.

“When people complain about our financial state, I begin to wonder if they think I am spending people’s money. Some of you do not know that I have not received any salary since I became governor- of Osun state, why will I take that of others,”he said 

Governor Aregbesola is entitled to N2.2 million monthly salary as a sitting governor. He is also entitled to other perks like hardship allowance N1.11 million, leave allowance N222, 370.00, constituency allowance of N4.44 million and newspaper allowance N333,555.75.

If MMM collapses, Nigerians will suffer, says Founder, Mavrodi

If MMM collapses, Nigerians will suffer, says Founder, Mavrodi

MMM Founder, Sergey Mavrodi has said the scheme has done a lot to improve the welfare of Nigerians and reduce poverty despite the fear expressed by the federal government that it is a ponzi scheme.

In an open letter, MMM founder urged the government to look at the benefits of the scheme to over three million Nigerians in one year of its existence in the country, especially, where the scheme is the only source of livelihood for some Nigerians.

The letter was displayed on the page of MMM participants, NAN reported.

The open letter read, ” So far MMM has come under a constant attack from you. In this regard, I would like to ask you a few simple questions. Since you are concerned with the interests of millions of your fellow citizens, I hope that  you would be so kind to answer them.”“What are you trying to get? Do you want the MMM System to collapse and millions of people to suffer? Who will support them then if MMM is their only means of livelihood? Will you? You even don’t pay wages to people? Or might you not care about them? Might you be using a trendy topic to make a good name for yourselves? What will you say to a mother who will have no money to buy food for her child? Will you let her child die for the sake of the higher interests of the economy?

“You say that MMM is a scam. What is the scam here, if all members are warned in advance about all the risks, the possible and impossible ones? They know there are no investments at all. The warning is a red text on a yellow background placed on most prominent place of the website.

“You say that MMM is bad. Why? Yes, it produces nothing, but nothing gets out of the country either. The money is just redistributed among the citizens of Nigeria. It gets from those who are richer to poorer ones, in this way restoring social justice. What”s wrong with that?

“You have repeatedly stated that “it should be investigated!.. researched!..” It means you know nothing about this System yet; you even haven’t understood how it works………

“And finally. If you know what is right for people, why is the life so bad in the country?”

The Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) had warned against participation in the scheme while as the House of Representatives ordered a probe into its activities in the country.

Photos: 12 year old boy buried in wall rescued in Ondo

Photos: 12 year old boy buried in wall rescued in Ondo

Tdk cannot confirm the authenticity of this story. However according to multiple reports on Facebook, the boy pictured above, believed to be 12 years old, was buried in the wall of a building in Ondo state and was rescued yesterday.

Peter Agba Kalu, a facebook user wrote

"Mysterious Things That Happens In Africa. A 12 years old boy found in the middle of a molded block in Ondo State. Am too shocked for words. I don't know how to explain the possibility of this because it's beyond science. Only someone with deep understanding of the spiritual realm will analyse this. Someone help us explain this please". See more photos after the cut...

Temi Otedola launches new fashion website

Temi Otedola launches new fashion website

The 20 year old fashionista launched her new fashion/lifestyle website www.jtofashion.com in London on Friday during an intimate and successful event. See more photos after the cut...

UK-based man lost his two daughters and brother in the horrific Kenyan accident

UK-based man lost his two daughters and brother in the horrific Kenyan accident

Daniel Kimani, a Kenyan living in the United Kingdom, lost two of his daughters and his younger brother in theSaturday night horrific Naivasha crash, while his wife and one daughter sustained serious injuries.

  
The tragic road accident at Karai on the Nairobi-Nakuru highway involving more than 12 vehicles claimed nearly 40 lives. It all started when a Ugandan-registered light truck, which was carrying yet-to-be-identified flammable substances, exploded. The truck driver lost control of the vehicle after hitting a bump, crashed into vehicles heading to Nairobi.

Kimani’s brother, David Kamau, was driving the four to the Jomo Kenyatta International Airport, where they were to board a UK-bound flight to visit their father.

Speaking to People Daily on phone, an inconsolable Kimani, who resides in Mitcham, South West London, said he was communicating with the family until6pm (London time) when he could no longer get hold of them.

"I called my wife and a person by the name Ng’ang’a picked her phone asking me to identify myself. I did and my worst fears were confirmed," he said. Ng’ang’a, he said, informed him that his wife and one daughter had been injured "

"Why them? My daughters Mary Njoki, 14, and Eva Wambui, 17, a Form Three student at Kibutha Secondary in Murang’a perished together with my younger brother David Kamau," he added. His wife, Violet Kimani and 24-year-old daughter, Juliet Wairimu, survived the grisly accident that threw the nation into mourning.

"My wife was treated at Avenue Park Hospital and discharged but Wairimu is still admitted at the hospital,” said the father of three. Kimani, who works as a clinical officer in the UK where he has lived for 10 years, last saw his family during the April holidays when they visited him. He described his departed daughters as full of life, passionate and ambitious.

"It is painful but God’s time is the best. They died a painful death but may God rest their souls in peace. I am happy that my wife and my daughter survived. I cannot question God and I send my condolences to the families and relatives of other victims," he said.
Two of the vehicles were carrying GUS and Administration Police officer from the elite VIP protection unit. 11 GSU officers died. Three Ugandans...the truck driver and two passengers died in the accident.

Ronaldo Wins 2016 Ballon d’Or

Ronaldo Wins 2016 Ballon d’Or

Portugal and Real Madrid superstar Cristiano Ronaldo has won the prestigious Ballon d'Or award as the best player in Europe for a fourth time, to cap an impressive 2016 for his club and country.

The Portuguese forward beat out the likes of Antoine Griezmann, Luis Suarez, rival Lionel Messi, to take home France Football magazine’s coveted award.

Ronaldo, who is one short of Messi’s record of 5 Ballon d’Or, was the overwhelming favourite after a stellar 12 months in which he won Euro 2016, the Champions League and the UEFA Super Cup.

He led Real Madrid to the 2016 Champions League title and captained Portugal to the 2016 European Championship title in July.

I guess it's really a deserved one.  Hope we have a new name in the next award cause we seem to be tired of the names Christiano Ronaldo and Leo Messi

President Buhari to fly to Gambia to persuade Pres Jammeh to handover power

President Buhari to fly to Gambia to persuade Pres Jammeh to handover power

President Muhammadu Buhari will on Tuesday, December 13th fly off to Gambia in a bid to seek an end to the political lock-jam in the West African country, caused by a "stubborn" ruler. 

President Buhari will be joined by other West African leaders in Gambia, in the move for peace.

Following an authoritarian ruler, Yahya Jammeh's refusal to accept defeat to the President-elect. Mr. Adama Barrow at the Just concluded elections, many world leaders are worried.

Many have wondered why President Jammeh is trying to play pranks after over 22 years in power. Cause what seems worrisome is him denying he conceded defeat. Hope Presidents Buhari will succeed in convincing him.

Good night for now

Photos: Lagos commissioner of police orders release of a woman and her baby arrested for stealing plantain

Photos: Lagos commissioner of police orders release of a woman and her baby arrested for stealing plantain

Lagos State Commissioner of Police, Fatai Owoseni during an unscheduled visit to Agbowa Police Station, Epe today, ordered the release of a lady and her baby arrested for stealing plantain in Agbowa Market, Epe.

The lady on interrogation by the CP explained that she was pushed into stealing the plantain because she and her baby were hungry.

The CP on hearing this, gave the lady N10,000 and warned her never to repeat the act again. How kind of him...more photos after the cut...

Thanks to the wise decision cause most of them get the justice in full.  Heed onto the wise advice my dear sister.

RIP! Legendary Super Eagles player Dejo Fayemi dies at 83

RIP! Legendary Super Eagles player Dejo Fayemi dies at 83

Former Super Eagles and Shooting Stars player who is the first Nigerian to play at the old Highbury Stadium of Arsenal Football Club of England, has passed away.

According to the Nigerian Professional Football League (NPFL), former IICC Shooting Stars and Red Devils (now Super Eagles) striker, Dejo Fayemi is dead. He died on Friday morning at his residence situated at Odo-Ona Elewe, Ibadan, at the age of 83.

He was part of the National team when they were referred to as the Red Devils, and was among the first set of Nigerians who travelled to England to play football just after Independence.

In 1961, Fayemi wrecked the Independence celebration for Sierra Leone with his goal in a match to mark the country’s attainment of a republic.

He had seven goals to show after his last international cap against Morocco in 1964 where Nigeria lost 2-1.

Pa Fayemi inspired the Ibadan Lions to win the then Challenge Cup in 1959 and 1961 after losing in the 1960 final.

He also played professional football during his stay in the United Kingdom for further studies before he retired from active football in the early 1970s.

When it rains the Whites think of farming, Blacks think of s*x – Donald Trump

When it rains the Whites think of farming, Blacks think of s*x – Donald Trump

Hahaha....and funny enough, Donald Trump is right again. Come to social media, especially Twitter anytime it's raining in Lagos and all you'll be seeing on the timeline is 'weather for 2, weather for 2', even by people who are not married. Nawa!

The Billionaire and US President-elect used some harsh words to described the blacks:

“African Americans are very lazy. The best they can do is gallivanting around ghettoes, lamenting how they are discriminated. These are the people America doesn’t need. They are the enemies of progress. 

In general, when it rains white people think of farming and black people just want s*x. 

Look at African countries like Kenya for instance, those people are stealing from their own government and go to invest the money in foreign countries. From the government to opposition, they only qualify to be used as a case study whenever bad examples are required. 

How do you trust even those who have ran away to hide here at the United States, hiding behind education? 

I hear they abuse me in their blogs but I don’t care because even the internet they are using is ours and we can decide to switch it off from this side. These (Africans) are people who import everything including matchsticks. 

In my opinion, most of these African countries ought to be recolonized again for another 100 years because they know nothing about leadership and self governance.”

Chai!! This man really 'finishing' Africans!

Photo: Beat FM's boss, Chris Ubosi, turns 50 today, gets Lexus SUV as suprise gift

Photo: Beat FM's boss, Chris Ubosi, turns 50 today, gets Lexus SUV as suprise gift

Chris Ubosi, the chairman of Beat FM and Classic FM, turns 50 years old today. According to him, he woke up to find a Lexus SUV as a surprise birthday present. Showing off the automobile on social media, he wrote"I should turn 50 everyday. Headed to church, open my door and see this Thank you, Thank you.#grateful #blessed". What a birthday gift indeed,  Lexus 570

Conflicting reports on the number of casualties in Akwa Ibom Church building collapse

Conflicting reports on the number of casualties in Akwa Ibom Church building collapse

There are conflicting reports as to the the number of casualties in last Saturday's incident where the building of Reigners Bible Church in Uyo, Akwa Ibom state, collapsed during a church programe, killing scores of worshipers.

While some of the worshipers who survived the incident say they saw as much as 300 dead bodies, the Chairman of the Nigerian Medical Association (NMA), Akwa Ibom State Branch, Dr. Aniekeme Uwah, in a statement released yesterday, said only 21 persons were brought in dead to the University of Uyo Teaching Hospital (UUTH) while 2 others died in the hospital.

Meanwhile the police in a statement released yesterday, said only 27 people died in the incident.

The state governor, Udom Emmanuel, who was inside the Church building when it collapsed, has declared a two-day mourning period throughout the state over the incident. He has also ordered an investigation into the remote causes of the collapse of the building will be investigated.

Stampede at T.B Joshua's church leaves thrwe people dead. What's really going on in this Man's life?

Stampede at T.B Joshua's church leaves thrwe people dead.  What's really going on in this Man's life?  

Three people died in a stampede at Prophet T.B Joshua's Synagogue Church of All Nations church in Ikotun, Lagos state on Saturday December 10th. According to reports, the stampede happened during the church's healing service when many of the worshipers thronged to meet with the Prophet. 

Three of them collapsed as they made their way through the crowd to see the prophet. They were confirmed dead at the Isolo General Hospital where they were rushed to. This is more than what the ear could fathom but the problem is that many will read it to different diversions but for me,  the man needs to be questioned 

Checkout this viral pic of Mark Zukerberg and Bill Gates

Checkout this viral pic of Mark Zukerberg and Bill Gates

This photo of Mark Zukerberg and Bill Gates has gone viral with many pointing out that despite their riches ,they don't have designers on ,and those who wear designers and flaunt material possessions aren't truly rich.