MMM popularity continues, scheme’s website ranks top 5 most visited in Nigeria

MMM popularity continues, scheme’s website ranks top 5 most visited in Nigeria

The online page of a controversial deposit money scheme, MMM, has taken a spot amongst the most visited websites in Nigeria, according to Web traffic monitor, Alexa.com.

Statistics available on Alexa, a standard for online traffic evaluation, show that MMM maintained the 5th position for the most part of November, edging out major platforms such as Facebook, Twitter and online retailer, Jumia.com.

Newsmen could not find a spokesperson for MMM to comment for this story, but the spike in its online presence might not be unconnected with its growing popularity amongst Nigerians.

Nigerians continue to patronise the scheme —which promises a return of up to 30 per cent on every investment within 30 days— despite all warnings from the appropriate authorities to desist.

The Central Bank of Nigeria recently rolled out a radio and television blitz warning Nigerians not to risk their incomes on the scheme, all to no avail.

Members of the House of Representatives were criticised by some MMM participants when they called for immediate crackdown on promoters of the scheme earlier this month.

Typical allegations from online commenters were about how the lawmakers were trying to block a critical means of livelihood for the masses.

This week, the group marked its first anniversary in the country by donating gifts to the internally displaced persons in the Federal Capital Territory.

The News Agency of Nigeria reports that members of the community as part of their activities marking the exercise tagged: “MMM Cares”, donated relief materials to IDPs at the Gwoza and Bama Camps in Abuja.

They donated bags of rice, garri, cartons of beverages and noodles as well as clothing, and drugs, NAN said.