Step Two: In a bowl, rub in flour, baking powder, nutmeg, salt and margarine until the mixture looks like fine breadcrumbs.
Step Three: Beat eggs with sugar and milk, add into the flour mixture and mix until smooth.
Step Four: Add in a little water (about half to one cup) until the batter is a dripping consistency just like puff puff batter.
Step Five: Deep fry into small balls in heated oil. To create the balls, wet hands and carry some of the batter with one hand and cut some of it into the oil. If this doesn't work for you, use a teaspoon or ice cream scoop to spoon the batter into the oil.
Step Six: Flip when one side is golden brown. Remove from the oil when balls are completely golden brown. Place on paper towel to drain.
Step Seven: Enjoy!
Notes: Your oil shouldn't be too hot. If it is, your doughnuts will brown quickly without getting cooked inside. Medium heat will work perfectly. When doughnuts cool completely, you could place them in an airtight container or bag and save for up to a week. Refrigerate for best results and lightly warm in an oven before eating.