School Fees, Project Money In MMM ,varsity Students Lament

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.
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