According to a statement by MMM Nigeria's "top guiders" DonVal Amaechi and Philip Awaz,
“A lot of news of MMM crash this December has been on the social media and other news and gossip. This has really affected the system. There were heavy conspiracies by financial institutions to collapse the system. What happened to the system last week would have been worse if GH is allowed today. Despite the holiday bonus, many participants were ready to GH today. The PH is not commensurate to the GH and this is the fear created by sponsored fake news.
“The truth remains that the mavros in the system are safe until they are unfrozen. Those who have PH in the system shouldn’t cancel them because since all green mavro are frozen no PH will be paired.
“For those who understand the system, what has happened is a temporary measure to save the system and saving the system is saving our money. If we are allowed to GH, by next week there may be no enough PH to pair the GH then the worst will happen.
“This is a kind of caution taken to avert danger. So our mavros are safe.
I encourage those who want to PH to still do their PH. The maturity is January and doesn’t change anything by then the system is back and stronger.
“Don’t lose hope, all of us have mavros in the system and let’s not use because of this little set back forget what MMM has done for us and will do more if the system is safeguarded.
“I personally feel the same way as you but it’s better to save the system than lose everything.
“Some people are complaining why the Guiders were not informed and my response is, if the Guiders were informed the system will crash in less than 10mins of the information.”
“The way you received the news is the way we Guiders received the news but we have the training that such thing may happen if there is evidence of danger ahead. This show how firm and protective MMM is structured.
“Let’s be optimistic and positive. This is our community, let’s protect it.”