Metro Nigeria: 5 Important Things to Know About 'Resumption' of MMM Operations



MMM Nigeria has announced that it is open again, after a month's moratorium.

In a message sent to all members, Founder Sergei Mavrodi said MMM Nigeria is opening a day earlier than stipulated in order to boost investors' confidence.

However, here are 5 things to know about the resumption (according to the message):

  • You can now login and see your available for withdrawal amount.
  • The number of people that can GH per day is restricted to a certain amount
  • The poor and economically disadvantaged will be attended to first - People withdrawing little money from the system will be allowed to withdraw their money (or people with small PH)
  • People with huge investments (big PH) won't be able to withdraw their money
  • For some reasons, some participants will not be able to GH at the moment

It is widely believed that MMM Nigeria has crashed and that the system won't be able to withstand the amount of GHs after it is reopened as people might panic and start withdrawing their money en mass.

It's likely that the scheme might be frozen again if it becomes overwhelmed.


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