MLF unveils financial platform to cushion recession effect

A multi-level marketing company, My Liberty Family (MLF), has unveiled its unique economic and wealth creation social media platform to cushion the effect of the current economic recession in the country.
This is coming in the wake of the current economic recession not only to Nigerians, but anyone regardless of gender, race or religion, interested in finding the financial assistance required to live a comfortable life as well as enablement to achieve his/her life’s dream. The dream is to see members live as they wish, go where they want to go without limitation.
Speaking at the launch of the platform in Lagos recently, Francis Ben-Adesokan, chief executive officer, MLF Multiservice Limited, said that “MLF is not a get-rich quick platform. We are not selling any product but what we are doing now has been in existence, it is just like ‘Ajo’ in Yoruba and ‘Esusu’ in Ibo but the difference is that this is online.

Here is a virtual family but the truth is that things are done virtually to catch up with the trend so that anyone anywhere can participate.”
Stating the different between MLF and other multi-level marketing platforms, the CEO said: “In our structure of social media, we don’t have such thing that we can promise anyone that when you get to a particular level you will go to Dubai.

So this is not about getting you money and the next thing, you have bought a liability. So we want people to have businesses that can produce jobs that can help our economy to grow.”

Explaining how the system works, the business mogul said that when one chooses to become a member of MLF, he/she would be required to fulfill an obligation to certain members of his/her virtual family tree from whose lineage the person is coming into the family system. And finally, the new member would be asked to select either of two options. Both options carry different financial rewards.

“You join the family with the intention not to reproduce 3 of your kind. You may eventually. The system allows you and helps you grow your family tree without any additional effort on your part aside from supporting certain family members with the specified amount.

The first platform membership is N25, 000. This option allows you to receive financial support in excess of N5 million from other virtual family members. This can be between 7 months of your existing in the family. It could be earlier or a little later but guaranteed.”

On the other hand, Ben-Adesokan explained that “you can join the family with the intention to reproduce 3 of your kind in 21 days of your existence in the family structure. This option carries a lot of financial benefits to you. First you receive financial incentive at every level of your growth.”

He emphasized that My Liberty Family allows multiple membership of an individual and treat each uniquely and exclusive of the others. What is unique to the system is the individual bank account number. This means that the member will not be allowed to use the same bank accounts for two registrations. Also, there are three Family Trees opened to all.

There are also B and C platforms which memberships attract N37, 000 and N47, 000 respectively. According to company’s explanation, what this does is to put a member on the path to receiving up to N40, million from the other members within the “B-Family Tree”. While the C-Family Tree receives up to N50 million in total financial support.