Finally, one also needs to be weary of organisations that refuse to speak to the press. For this story, Independent tried to reach the people in MMM through their website. We even asked a lady called Tonia who was responding cto us thinking we wanted to subscribe. But she later stopped responding when we introduced ourselves as the media.
If MMM has nothing to hide, they should hold a press conference, or an event letting Nigerians know the faces behind the scheme.
A financial analyst, Ben Agbakoba says that such schemes can only thrive in third world countries like Nigeria because many people are poor and are looking for get rich quick schemes. He says the scheme will work for a while but will eventually crash.
“They are only taking advantage of our poor economy. Such schemes cannot work if Nigerians are well off. It is hard to tell Nigerians to stop patronising the scheme. If we say so, the scheme will crash. And if it continues, it will still eventually crash. But people will prefer not to know exactly when it will crash. I think they should continue, after all, they all know the risks involved,” says Agbakoba.
Courtesy: The Independent
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