The Digest:
The Economic and Financial Crimes Commission (EFCC) has warned that the surge in internet fraud is leading to stricter visa restrictions for innocent Nigerians seeking to travel abroad. Chairman Olanipekun Olukoyede emphasized that crimes like cyber fraud and money laundering damage Nigeria’s global reputation and hinder economic development.
Key Points
- EFCC Chairman Olanipekun Olukoyede linked internet fraud to stricter visa restrictions.
- He warned that "yahoo-yahoo" erodes Nigeria's international image.
- The crime drains billions of naira from the national economy.
- Olukoyede urged youths to channel their creativity into productive ventures.
- He stated that "digital footprints never disappear" for those involved in fraud.
- The commission is intensifying its crackdown on cybercrime.
- Other agencies also raised concerns about drug abuse and pipeline vandalism.
Sources: Nigerian Tribune, EFCC Statement
