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“Congratulations Nigeria, you just played yourself” – Tunji Andrews speaks on MMM & the Failure of the Nigerian Govt | WATCH

BellaNaija.com

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Ndani TV’s Analyse This co-host, Tunji Andrews comes out of the park swinging with this refreshing take on everyday financial issues – “2 Minute Money”.

This Episode is an MMM special. Tunji spoke on why MMM is a Ponzi Scheme, and the inevitable collapse of the platform.

“You give loans to the average Nigerian at 25%, then turn around and borrow money from the same Nigerians via savings account at 3%… 3 bloody percent. The issue here is that CBN will not cut rates, then you expect people not to join MMM,” he said.

He lamented the fact that finance professionals are looking into the scheme from the Risk and Return point of view.

WATCH:

29 Comments

  1. Sherlie Holmes

    December 6, 2016 at 2:31 pm

    I could listen to and watch this guy all day! He makes sense die!

  2. Whatever!

    December 6, 2016 at 2:58 pm

    Exactly! Thank you.
    The financial sector in this country has played us enough. WTH!
    When people lost their deposit in those banks years ago, how much could NDIC refund to depositors? When the stock market crashed how many people got the real value of their investments back? They keep making themselves richer with the people’s money and give back peanuts. Life is all about risks. I wonder why the sudden concern about what I choose to put my money into. U people should leave MMM alone. Is it your money?????

    • alterEGO

      December 8, 2016 at 9:37 am

      MMM – My Money Man!!!! 🙂

  3. JOYOUS

    December 6, 2016 at 3:07 pm

    NA WAOH? what is it sef? everywhere MMM, if only you guyz will be more concerned about the economy and how to make nigeria better ….nigeria will be a better place.

    Whatz ur bizness with what we do with our money……..you guyz should pack well biko.

    LEAVE MMM ALONE AND FIX NIGERIA !!!!

    • CovertNigerian

      December 6, 2016 at 3:58 pm

      Even though ponzi schemes should be illegal and barred from operating in Nigeria under any guise, I doubt that there’s much concern for people (maybe like you) who choose to fall down that hole with both eyes open. The reasonable among us who would rather just burn cash than voluntarily hand it over to grifters are concerned about the desperate among us who do not know any better and are in real danger of falling for this trickery.
      We can walk and chew gum at the same time, so while some of us do the little we can to improve Nigeria (such as Tunji has done through this video), we will also condemn schemes like MMM that are designed solely to take advantage of our desperation. It’s called multi-tasking – look it up.

  4. Mannie

    December 6, 2016 at 3:07 pm

    Why does this guy remind me of Jonathan Pie?…

  5. Tru

    December 6, 2016 at 3:12 pm

    This is very interesting but…why is he offing cloth na? Who e wan fight??? ???

    • Prince Charming

      December 6, 2016 at 3:42 pm

      I thought he wanted to strip lol. The guy is very articulate. Great guy!

    • FinchleysFinest

      December 6, 2016 at 5:07 pm

      I was so pained about him rolling up that sleeve… Imagine after ironing and starching the shirt…. maybe i’m just silly. But the dude is so articulate and the short video is on point..

    • lol

      December 7, 2016 at 8:52 am

      People like you will not lie on their beds after laying new sheets on it so as not to rumple and get the sheets dirty. É pele o. Lmao

  6. Mo'Diva

    December 6, 2016 at 3:21 pm

    The matter tire me o

  7. Iamme

    December 6, 2016 at 3:33 pm

    Mtcheeew…… Oga Tunji did I beg you money to use for mmm? Just stay in your cosy office and carry your $50000 suit and mind your business.

  8. Yemcolaw

    December 6, 2016 at 4:33 pm

    Love Love Love!!!

  9. ......

    December 6, 2016 at 4:38 pm

    But this is a fine man

  10. Teni

    December 6, 2016 at 5:08 pm

    I don’t even know what this MMM thing is about but I love this video.

  11. Baby gurl

    December 6, 2016 at 5:29 pm

    I love this man! Haha ? ? Drama king of life….off to subscribe!

  12. walt

    December 6, 2016 at 5:45 pm

    Who is da guy, who I’m epp. Ain’t no body telling me how to spend my money o. Make every body mind him business.

  13. nene

    December 6, 2016 at 6:42 pm

    he has said it all

  14. CHOOMA

    December 6, 2016 at 7:11 pm

    yes the guy made some sense shaa…but what i dont understand is who is he blaming?…who played themselves, Nigerian citizens or Nigerian government?.
    because with the way he is taking off his expensive suits like he is about to shoot a sex tape, i doubt if he knows what the average Nigerians are facing and why MMM is their only way out.
    if the economy was fine, or rather if the government where doing what they are suppose to do Nigerians wouldn’t dabble into ponzi schemes especially when it is obvious that it is going to crash soon….so oga Tunji i think you should have a rethink, you could be the one that just ”played yourself”

  15. LL

    December 6, 2016 at 7:57 pm

    please what does MMM stand for? what does it mean? is it MONEY MICRO MONEY?

  16. Flexe

    December 6, 2016 at 8:20 pm

    According to the times we are in, it means Money Must be Made. God help this country!!!

  17. Nakoms

    December 6, 2016 at 9:38 pm

    Nigeria. One big Ponzi scheme!

  18. pIch.

    December 6, 2016 at 11:30 pm

    My tunjI! We don’t even know where u stand. Is it stocks we should go for now? Well, it’s our money. We risk it and we know it, so let it be. mavrodi can guide u ‘ finance guru ‘ with the mathematics of it if u really want to understand how MMM runs. ” we all playing ourselves, cos live is a game… U too are been played ” we have watched your video, so make a little money too from the traffic on your video.
    MMM makes us happy and we are whilst it last.

  19. Ba

    December 6, 2016 at 11:40 pm

    Nigerians with their lack of productivity mindset

  20. [email protected]

    December 6, 2016 at 11:58 pm

    To eat is a struggle, things are so expensive right now. Please oga tunji pour your energy into the recession issue. It will help the helpless. Leave mmm and its gang alone.

  21. Sorochi

    December 7, 2016 at 7:36 am

    This government sha can not kill me. They’ll be there looking into MMM from from its risk and reward point of view. Shame!!!! Why not use that time and energy for something useful. E.g improve the economy, create job opportunities or better still keep fighting your corruption and leave us the hell alone. Oh, herehere’s another suggestion: stop jungle justice. Ndi ala

  22. Xyz

    December 7, 2016 at 8:52 am

    Funny thing is, most people who criticise Mmm don’t even know how it works. I was listening to a conversation about MMM the other day and was just laughing cos they were all so clueless. MMM is real and you don’t even need to register anyone to earn from it. Anyway, if you want to join or have enquiries, holla! 568A11F1

  23. Tosin

    December 8, 2016 at 9:21 am

    What you just did is what MMM is doing, creating an avenue to drive online traffic and get paid. I’m sure you will also be paid for this video, well done next time you should remove both your shirt and trouser so to create more effect and get more money ok. Well done.

  24. ViCivil

    December 14, 2016 at 9:03 pm

    look how the world rules placed our mindset, if he spend hours looking for how to make this scheme better and stronger for the poor masses i feel it will be remembered for than exploring the weakness in order to blacklist its operation, for me: ”this is the first time human come together in a mutual trust, the act the world need to survive any force in life, there shouldn’t be a reason for the world to be afraid of each other, if this can grow to help rebuild the trust its welcome and we should support it with our constructive ideas….

    –ViCivil

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