Yahoo boys driving away foreign investors from Nigeria – EFCC Chairman
EFCC Chairman Ola Olukoyede cautions that Nigerian youth’s increasing involvement in internet fraud is damaging the nation’s global reputation and deterring foreign investment
In a statement released by the EFCC on Monday, Olukoyede delivered this message through the acting Zonal Director of the Benin Zonal Directorate, Assistant Commander of the EFCC I (ACE I), Effa I. Okim, during an event at Unity Hall, Government House, Asaba, Delta State.
“The menace of internet fraud among our youth is pervasive, and it has become a stain on our national reputation,” he said.
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“The menace of internet fraud among our youth is pervasive and it is a stain on us as a people and as a nation. They have embraced this crime to the detriment of their future and the image of the nation,” Mr Olukoyede said.
Highlighting some of the consequences of youths’ involvement in internet fraud, Mr. Olukoyede noted that these include: the tarnishing of the country’s image, discouragement of foreign investment, erosion of investor confidence in the economy, stifling of young people’s creativity, and the collapse of industries, among others.
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He urged young people to stay away from internet fraud, emphasizing: “Our youths are vibrant, forward-looking, resilient, creative, and intelligent capable of holding their own anywhere in the world.”
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