I mean the other lyrics really do back it:

So here’s a story from A to Z You wanna get with me, you gotta listen carefully
We got Em in the place who likes it in your face
We got G like MC who likes it on an—
Easy V doesn’t come for free, she’s a real lady
And as for me, ha-ha, you’ll see
Slam your body down and wind it all around
Slam your body down and wind it all around

Basically they’re walking you through what you gotta do to please each one of them. Baby wants the lingus, Ginger and Sporty by contrast want it on an “e” - i.e. ecstasy, Posh of course only gets off if you buy her expensive stuff first, and only then do you prove yourself worthy of Scary, who will beat the living shit out of you.