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Agu meets another money doubler.

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THE above personification might leave many guessing that I intend waxing poetic about the famous prose which we were so conversant with during our salad days. While the Agu described in the popular Mastering English series might have been a fictitious character, his dream of an instantaneous accumulation of wealth is completely symptomatic of how desperate the average Nigerian could be.

When  the famous Mavrodi Mondial Scheme popularly enthused as MMM burst its seams last month, I was sincerely yours, among the pessimists who saw its anticipated renaissance as nothing but a tall dream.

I wrote in a piece way back then that if opinions had been sought from a cross-section of participants probably moments before it ceded to the alleged heavy workload, many would have still described the money doubling scheme as God’s special manna in these hard times. The economy is in dire straits to say the least and the common man on the street could care less about hard lessons learnt from similar ponzi schemes in the past.

A former colleague of mine related how his hopes were salvaged through the ponzi scheme. According to his saccharine-filled narrative, his investments in MMM helped in offsetting his burgeoning debt profile. In a similar vein, a neighbour of mine revelled me with his new lease of life, courtesy of the fortunes accrued from MMM.

The more tantalising carrot was extended to members of the scheme at the beginning of December. The tagged ‘Christmas bonus’ ditched the thirty percent bonus by moving a notch higher to fifty percent. Did members feel the slightest foreboding at that juncture? I sincerely can’t tell. Enthusiasts kept defending that the scheme had remained resilient in the heat of so much bad-mouthing by the House of Assembly, the Central Bank of Nigeria and the Nigerian Deposit Insurance Corporation.

When the death knell was eventually tolled, it was stated that the number of those who wanted to get help were more than those who wanted to provide help. If this is anything to go by, one is then bound to wonder where the returns were actually sourced from in the first place? Was the scheme truly sustained by some cryptocurrencies or the same naira which members deposited into one another’s account? Guess your hunch is just as good as mine.

Nigerians of course, were privy to the fate that befell naïve South-Africans and Zimbabweans who swallowed the MMM bait, hook, line and sinker. It was a gamble many thought they could enjoy and go scot free. A few many who were supposed to know better sentimentally gave in to the point that it came as a relief in harsh times. As such, they equally rebuked Nigerian Legislators for witch-hunting those who kept the scheme afloat.

MMM members were still hesitant in admitting that the deed has been done. Accounts have only been temporarily frozen, they say. MMM promises to bounce back stronger and better come January 14. The site still allows people to provide help, etc. Now that operators of the scheme seem to be ready to live up to their billing, I am left with no other option than to have a hunk of my humble pie. Need I still express deep condolences to aggrieved members who licked their wounds silently sequel to the impromptu hiatus last month? MMM promises to come back stronger than it was before. An avid participant intimated me earlier today that he was received a verification code to activate his mavro account before the d-day. Good news you say uh!

Drifting away from this deja-vu, it is equally apposite to ask if the typical Nigerian would still be willing to stake a lump sum following the unexpected black-out witnessed last month. Has the last four weeks or thereabout suddenly turned the table in such a way now that the number of people wanting to provide help dwarfs the overwhelming horde in need of help? Will this money-churning scheme blaze through the odds which similar schemes of the past had fallen victim to? It is better I rest my case before the teeming audience sees me as an overnight Prophet of doom.

On a lighter note nonetheless, the anticipated defreezing of accounts is reminiscent of the moonlight tale involving Agu; the wretched washerman and the Money Doubler who claimed to have been  sent by the Marine Goddess. Agu’s joy knew no bounds when the few pennies in his pocket were doubled.

Spurred by this windfall, Agu added his nest egg to the lump sum which a friend lent him and gave it to the Money Doubler. Following the rituals, the money was kept in a can and Agu was instructed to guard it jealously for the next two days before opening the lid. Agu did as instructed and when he eventually opened it,  he was left dumbstruck, to behold white papers neatly cut into the size of currency notes. Agu ran back to the river bank where he had first met the Money Doubler but as they say, the rest is history.

 

By Kadiri Tolani

 

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National Issues

Tinubu declares nationwide security emergency, orders massive recruitment

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Amid rising killings and a wave of mass abductions by gunmen and suspected terrorists across the country, President Bola Tinubu on Wednesday declared a nationwide security emergency.

The President, in a statement personally signed and released in Abuja, also ordered an immediate expansion of the manpower of the Armed Forces and the Nigeria Police Force as the Federal Government rushes to halt the worsening insecurity.

“Today, in view of the emerging security situation, I have decided to declare a nationwide security emergency and order additional recruitment into the Armed Forces,” Tinubu said.

“By this declaration, the police and the army are authorised to recruit more personnel. The police will recruit an additional 20,000 officers, bringing the total to 50,000.”

Tinubu explained that he had already approved upgrades of police training facilities nationwide and authorised the use of selected National Youth Service Corps camps as police training depots.

He added that officers withdrawn from VIP guard duties would undergo “crash training” before being redeployed to areas battling heightened insecurity.

The President also directed the Department of State Services to immediately deploy all trained forest guards to flush out terrorists and bandits hiding in forests across the country. The DSS was further authorised to recruit additional personnel.

“There will be no more hiding places for agents of evil. This is a national emergency. We are deploying more boots on the ground, especially in vulnerable communities. The times require all hands on deck. As Nigerians, we must all get involved in securing our nation,” he said.

Tinubu commended security agencies for jointly securing the release of 24 abducted schoolgirls in Kebbi State and 38 worshippers in Kwara State. He assured that efforts were ongoing to rescue students of Catholic schools in Niger State and other kidnapped Nigerians still in captivity.

“To the leadership and rank and file of our Armed Forces, I commend your courage and sacrifice. This is a challenging moment for our nation and for the military itself. I charge you to remain resolute, restore peace across all theatres of operation, and uphold the highest standards of discipline. There must be no compromise, no collusion, and no negligence,” he added.

The President announced that the Federal Government would support state governments operating community-based security outfits.

Tinubu also urged the National Assembly to begin reviewing laws that would allow states seeking to establish their own police forces to do so.

He warned states against maintaining boarding schools in remote areas without adequate security and advised churches and mosques in vulnerable areas to engage security agencies when organising large gatherings.

On the lingering farmer–herder clashes, Tinubu restated that the newly created Ministry of Livestock Development would provide long-term solutions. He appealed to herders to embrace ranching, end open grazing, and surrender illegal weapons.

“I sympathise with the families who have lost their loved ones in recent attacks on soft targets in Kebbi, Borno, Zamfara, Niger, Yobe, and Kwara states. I also pay tribute to our brave soldiers who have made the ultimate sacrifice, including Brigadier-General Musa Uba,” he said.

Warning criminal groups not to undermine the state, Tinubu emphasised that his administration possessed the resolve and capacity to secure the country.

“Fellow compatriots, I urge you not to give in to fear or despair. Stand firm to defend our freedom and values. Our administration will continue to guarantee peaceful co-existence and preserve our union.”

He called on citizens to remain vigilant, report suspicious activities, and cooperate with security agencies.

Tinubu’s declaration came amid nationwide outrage after the killing of at least five people in Kebbi and Kwara states, and the abduction of over 300 schoolchildren from Government Girls Comprehensive Secondary School, Maga, in Kebbi State, and St Mary’s Catholic School, Papiri, in Niger State.

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National Issues

US pledges deeper intelligence, defence support for Nigeria — Presidency

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The Presidency on Monday said the United States Government has expressed readiness to deepen security cooperation with Nigeria through enhanced intelligence sharing, supply of defence equipment and other support to boost ongoing operations against terrorists and violent extremist groups.

It said the commitment followed a series of engagements held last week in Washington, DC, between a high-level Nigerian delegation and top US officials aimed at strengthening bilateral security ties and opening new areas of collaboration.

The delegation, led by the National Security Adviser, Nuhu Ribadu, met with senior officials from the US Congress, White House Faith Office, State Department, National Security Council and the Department of War.

Other members of the delegation included the Attorney-General of the Federation, Lateef Fagbemi (SAN); Chief of Defence Staff, Gen. Olufemi Oluyede; Chief of Defence Intelligence, Lt. Gen. Emmanuel Undiandeye; the Inspector-General of Police, Kayode Egbetokun; and two representatives from the Office of the NSA.

According to a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the Nigerian team used the engagements to debunk allegations of genocide in the country, insisting that violent attacks cut across religious and ethnic divides.

Onanuga said the delegation also rejected what it described as the “wrongful framing” of Nigeria’s security challenges, noting that such portrayals risked further dividing citizens and misrepresenting realities on the ground.

“The discussions provided ample opportunity to correct misconceptions about Nigeria, forged a constructive, solution-driven partnership with the United States, reinforced mutual trust, and advanced a coordinated approach to protecting vulnerable communities, especially in the Middle Belt,” the statement read.

He added that the US expressed willingness to offer complementary support, including humanitarian assistance to affected populations in the Middle Belt and technical aid to strengthen early-warning mechanisms.

Onanuga said both countries agreed to immediately implement a non-binding cooperation framework and set up a Joint Working Group to coordinate agreed areas of collaboration. Nigeria, he added, reaffirmed its commitment to enhancing civilian protection measures.

“The Federal Government restates its awareness of heightened sensitivities regarding religious freedom and security, and urges citizens to remain assured that firm, urgent, and coordinated steps are being taken to secure the nation,” he stated.

The development comes weeks after former US President Donald Trump threatened to deploy American forces to Nigeria “guns-a-blazing” if the government failed to halt what he described as the killing of Christians.

Trump, who also designated Nigeria a “Country of Particular Concern” over alleged persecution, had on his Truth Social platform accused the government of allowing the “mass slaughter” of Christians and warned that Washington could cut aid and take military action.

“If the Nigerian Government continues to allow the killing of Christians, the USA will immediately stop all aid and assistance to Nigeria, and may very well go into that now disgraced country, ‘guns-a-blazing,’ to completely wipe out the Islamic terrorists who are committing these horrible atrocities,” he wrote, adding that he had instructed the US Department of War to prepare for possible operations.

But President Bola Tinubu has repeatedly dismissed claims of genocide against Christians, maintaining that Nigeria remains committed to religious freedom, tolerance and the protection of all citizens regardless of faith.

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National Issues

Suspected bandits abduct four farmers in fresh Kwara attack

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Suspected bandits have abducted four rice farmers in Bokungi community, Edu Local Government Area of Kwara State.

The incident occurred on Wednesday evening while the victims were working on their farms during the peak of the harvest season. It came barely 24 hours after gunmen attacked a church in Eruku, Ekiti LGA of the state, killing two worshippers and abducting several others.

According to sources, the attackers stormed the farms suddenly and surrounded the farmers as they gathered their harvested rice.

“It has been confirmed that bandits struck again at Bokungi under the Lafiagi Emirate. Four people were abducted. Information is still emerging,” the sources said.

Residents said the gunmen operated for several minutes without resistance, forcing the farmers into a nearby bush before whisking them away to an unknown location.

Community members also lamented rising insecurity in Edu LGA, noting that several farming settlements had been abandoned as farmers now fear venturing out during the harvest period when they are most vulnerable.

The Kwara State Police Command and the state government had yet to comment on the incident as of the time of filing this report.

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