Has MMM Nigeria Crashed? See What Will Become Of MMM Nigeria Come January 2017 And Beyond

At the mention of MMM in Nigeria, one need not to explain further what it means and stands for, and this is simply because in many parts of the year 2016, MMM  grew in popularity to become a household name.

For the few who still don’t know, according to MMM, MMM is an online mutual aid community where people provide help and receive help in form of monetary donation and in 30days they are rewarded with 30% growth for doing that.

The MMM scheme found its way into the Nigerian cyberspace late last year, and the scheme rapidly grew in popularity among the people, owning to the massive online and offline advertisement being carried out by members and also due to the 30% reward that is associated with every member donation through the scheme.

In fact if there is particular thing to remember in Nigeria in 2016, it should be MMM as MMM even became among the top in Google search ranking and among the most visited online platform throughout the year.

Unequivocally speaking, many MMM Nigeria participants have in one way or the other benefited from the scheme this year as some cannot hide their expressions of joy and gratitude towards the founder of the program and have always spoken publicly and positively about the scheme despite all outward and inward warnings painted over it.

To some, the feeling and wish is that MMM should continue to eternity while some believed it will surely come to an end someday but cannot exactly pinpoint on any date that it will happen.

Whatever the case is, one big challenge currently facing MMM Nigeria participants is that MMM early this week announced in written notice to participants that the scheme has frozen all forms of withdrawal until after 1 month when it will be unfrozen.

Ever since the announcement of frozen withdrawal, one of the many questions that I have been receiving and the prominent of all is “has MMM Nigeria crashed?” as many out of anxiety are seeking to know their fate come January 2017 and on what will become of MMM when the said frozen withdrawal will be unfrozen to allow participants continue in their normal providing and getting help activities. 

Now, in this article, we are going to be very blunt and writing based on history and research on other countries that MMM has operated.

Come January 2017 any of these two things will be inevitable to MMM Nigeria;

**It is either MMM will unfreeze withdrawal as stated in their notice or withdrawal will remain frozen**

Now further breaking down any of the sure things that will happen to MMM Nigeria by January 2017; 

If MMM peradventure unfreezes withdrawal, then there is high possibility that the old money in the systems due for withdrawal will then be traded for new money that will be provided in the system.

In a nutshell, for you to withdraw your old money from the system, you will need to provide additional money/help and after which you will only be able to withdraw fractions of the old money say like 10% of it, but your new money will be paid out fully with the complete percentage growth when matured.

And the cycle of providing and getting help will continue in that manner until the month you will get back your complete old money that you are withdrawing in fractions.

Then on the other part, if MMM fails to unfreeze withdrawal throughout January 2017, then it will lead to more anxiety that will snowball and signals doomsday for the scheme.

But whatever happens finally and no matter the outcome, we want to use this opportunity to adjure you not to try out anything crazy for live is priceless and for money, money will come and money will go but live should continue to the fullest.