Speaking with High Chief Ekayama Mike Loyibo on telephone from the United Kingdom, the Niger Delta stakeholder confirms that he too is also a contributor, with investment amounting to millions of naira
Loyibo noted that he is yet to be paid any return on investment, yet he is still patient with the system.
He stated that PST BRIBENA was sincere to have informed members from onset that BARAZA deals on FOREX trade, adding that trade in FOREX have probable chances of profits and losses.
Loyibo further added that, he understands the pains and fears of many, but noted that incitive statements will only lead to the crash of BARAZA with every contributor suffering the loss with no one to hold responsible.
Loyibo further advised Pastor Miebi Bribena to also consider diversification from FOREX, call for another meeting and review the percentage on ROI to suit into the current financial times.
He asked Bribena to ensure that members are allowed access to the trading studio, financial dealings of the Cooperative and involved in decision makings, if possible a committee be constituted.
Loyibo reiterated the need for patience, and to give time for things to return to normalcy, adding that our actions may also affect the health of Pst BRIBENA, which may lead to an irrecoverable great loss.
“We are all aware that many person’s have benefitted from the system, for me, i am yet to benefit anything, some person’s got their capital over and over again
“Please i am begging for calm, if he says he needs time, let’s give him, because if we don’t, it will be our own loss and not his, we have to start taking things calmly, I don’t want to lose my own money too
“I am also appealing for another meeting to reduce the percentage on return on investment to fit into the current times
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