The Economic and Financial Crimes Commission (EFCC) has confirmed that the rising cases of internet fraud by yahoo boys are responsible for worsening visa restrictions for innocent Nigerians abroad.
Penpushing reports that Chairman of the commission, Ola Olukoyede, made this clear at an event in Port Harcourt, Rivers State, organised by the Coalition of Nigerian Youth on Security and Safety Affairs.
The commission boss represented by the Chief Superintendent Coker Oyegunle, expatiated that fraudulent practices not only destroy the future of those involved but also tarnish Nigeria’s international image, resulting in stricter travel conditions for law-abiding citizens.
Penpushing further reports that in a statement issued by the commission emphasized that the agency chairman added that internet fraud among other vices undermine national growth and depriving citizens of infrastructure, jobs, and opportunities.
“The EFCC boss highlighted that internet fraud, money laundering, and economic sabotage cost Nigeria billions of naira annually, undermining national growth and depriving citizens of infrastructure, jobs, and opportunities’, the statement said.
“Beyond the economic damage, he pointed out that the crimes erode Nigeria’s international image and subject innocent Nigerians to stricter visa restrictions abroad,” the statement read.
Penpushing also reports that the statement urged young people in the country to channel their energy into productive ventures such as digital innovation, entrepreneurship, agriculture, and the creative industry.
“Fraud is not success; it is a trap. Easy come, easy go. Many who follow the path of ‘yahoo-yahoo’ always end up losing their freedom, reputation, and future. The law is catching up with them and digital footprints never disappear. Don’t destroy your tomorrow with shortcuts today’, Olukoyede added.
Penpushing reports that the statement said he reaffirmed the commission’s readiness to intensify sensitisation, enforcement and collaboration with communities to combat fraud and related crimes.
The representative of the National Drug Law Enforcement Agency, Mathew Ewah, speaking at the event warned that drug abuse remained one of the most dangerous threats facing Nigerian youths.
Penpushing further reports that the authorities of the Nigeria Security and Civil Defence Corps (NSCDC) on its part cautioned against pipeline vandalism in the South-South of the country.
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